IRDAI asks Insurer’s to transfer sum to Senior Citizens’ Welfare Fund
IRDAI has asked all insurers to transfer the deposits of policyholders that have been laying unclaimed for over 10 years Read more
Organisation of Pharmaceutical Producers of India (OPPI) in its budget 2013 wish-list has asked the government to government to increase the deduction to an individual or HUF under Section 80D with respect to health insurance premium paid. Read more
2009 was a memorable year for the entire Insurance industry, not due to the new and stable central government or its policies, but due to two strange news items concerning insurance appeared in the press a while ago. The first news item is ‘Motor premium to depend on the color of car – brighter the color, lower the premium’. And the second one was ‘Senior citizens can now go for health cover’.
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