Health Insurance News Corona Kavach a big draw for millennials October 27, 2020April 14, 2021 admin 407 Views 0 Comments Corona Kavach, indemnity policy for covid-19, millennials, Online insurance aggregator The fear of Covid 19 is pushing more and more people to buy the indemnity policy for covid-19, despite regular Read more
Health Insurance News Supreme Court directs Centre to address complaints of Non-payment of Covid Claims October 27, 2020April 14, 2021 admin 349 Views 0 Comments Covid treatment, Non-payment of Covid Claims, Supreme Court, Union Government The Supreme Court took judicial notice of general complaints about insurance companies playing truant in reimbursing the full cost of Read more
Health Insurance News Insurance News Insurers see over 90,000 Corona claims worth Rs. 1,463 cr October 27, 2020April 14, 2021 admin 297 Views 0 Comments corona claims, Covid-19 treatment rate., General Insurance Council, INSURERS Insurers have seen more than 90,600 Covid-related claims worth Rs 1,463 crore, of which almost 60,000 claims amounting to Rs Read more
Life Insurance News LIC focuses on improving online, digital presence October 22, 2020April 14, 2021 admin 367 Views 0 Comments digital platforms, digital presence, LIC, online Life Insurance Corporation (LIC) of India, which enters its 65th year on September 1, is focussing on improving its online Read more
Life Insurance News LIC HFC’s profit before tax up 21% to Rs. 1,017 cr in Q1 October 22, 2020April 14, 2021 admin 344 Views 0 Comments LIC HFC's profit, Q1, tax up LIC Housing Finance’s PBT rose 21 per cent to Rs. 1,017.67 crore in the June quarter, against ~840.89 crore in Read more
Life Insurance News LIC’s total premium grew 12% in FY 20 October 22, 2020April 14, 2021 admin 350 Views 0 Comments FY 20, LIC, premium grew, Q1FY20, total premium LIC has clocked 12.42 per cent growth in 2019-20 (FY20) in total premium income at Rs 3.79 trillion, compared to Read more
Life Insurance News Government sets the ball rolling for LIC IPO October 21, 2020April 14, 2021 admin 402 Views 0 Comments DIPAM, Government, LIC IPO, TA The government has kicked off the process to launch the initial public offer (IPO) of LIC. The Department of Investment Read more
Life Insurance News LIC settles 561 corona claims worth Rs. 27 cr October 21, 2020April 14, 2021 admin 389 Views 0 Comments corona claims, insurer, LIC, survival-benefit requirements Life Insurance Corporation of India said that it has settled 561 Covid-19 death claims amounting to nearly Rs 27 crore. Read more
IRDA in India Physical signatures not required to buy a new life insurance policy October 21, 2020April 14, 2021 admin 369 Views 0 Comments Covid19, electronic facility, IRDAI, new life insurance policy, Physical signatures IRDAI , has allowed life insurers to obtain the customer’s consent without requiring wet signature on the hard copy of Read more
IRDA in India Insurance companies cannot reject claims for not holding valid PUC certificate October 20, 2020April 14, 2021 admin 345 Views 0 Comments insurance companies, IRDAI, PUC Certificate, reject claims IRDAI, has clarified that a motor insurance company cannot deny any claim for not holding a valid PUC or Pollution Read more