IRDA in India IRDAI enables additional options for withdrawn life cover products October 19, 2023 admin 149 Views 0 Comments IRDAI, life insurance, policyholders, products IRDAI introduced new measures allowing more choices and benefits for policyholders with withdrawn life insurance products. Effective immediately, the new Read more
Private life insurance Kotak Life bonus of Rs. 840 crore to policyholders August 3, 2023 admin 177 Views 0 Comments customer engagement, enhanced digital capabilities, Kotak Mahindra Life Insurance, policyholders Kotak Mahindra Life Insurance announced a bonus of Rs 840 crore to more than 6.5 lakh participating policyholders for the Read more
Life Insurance News Early exit benefit in term plans allows policyholders to withdraw early, pays back premium December 13, 2022 admin 222 Views 0 Comments allows, benefit, plans, policyholders, premium Term insurance policy buyers now have the option to exit the policy early and even get the premium back. And Read more
IRDA in India IRDAI to build comprehensive portal for resolving policyholders’ complaints October 12, 2022 admin 265 Views 0 Comments Complaints, comprehensive, IRDAI, policyholders, portal IRDAI is building a comprehensive portal for complaints redressal of policyholders. The portal is expected to be ready by the Read more
Life Insurance News PMJJBY policyholders eligible for LIC IPO at discount April 5, 2022 admin 363 Views 0 Comments IPO, LIC, PMJJBY, policyholders Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman Read more
Life Insurance News 10.8 million eligible to avail of policyholders’ quota April 5, 2022 admin 302 Views 0 Comments MILLION, policyholders, quota About 10.8 million policyholders of Life Insurance Corporation of India (LIC) have linked their policies with PAN and have a Read more
IRDA in India IRDAI proposes to make policyholders less accountable while porting health policy March 7, 2022 admin 331 Views 0 Comments accountable, health policy, IRDAI, policyholders Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the existing insurer after porting of a Read more
Legal News COVID-19: Policyholders get only 45-80% of bills May 4, 2021 admin 330 Views 0 Comments bills, COVID, get, policyholders As the number of people hospitalised due to COVID-19 rise, many find that they have to settle a big chunk Read more
Life Insurance News LIC policyholders can deposit maturity claim documents anywhere in the country April 13, 2021 admin 313 Views 0 Comments Anywhere, documents, maturity, policyholders LIC has permitted its policyholders to submit their maturity claim at any of their nearest LIC offices anywhere in India. Read more
Life Insurance News LIC eases process to claim policy maturity benefits March 20, 2021March 20, 2021 admin 450 Views 0 Comments COVID-19, LIC eases process, policy maturity, policyholders Due to the restrictions on movement due to COVID-19, LIC has allowed its policyholders to deposit their maturity claim documents Read more