Bharti AXA Life Insurance
Parag Raja appointed as MD & CEO of Bharti AXA Life Insurance
Bharti AXA Life Insurance to crack down on mis-selling
Bharti Axa Life posted profit of Rs. 50 million
Life Insurance Council gets executive council
Bharti AXA Life insurance launches ‘Flexi Save’ plan
Private insurer Bharti AXA Life Insurance launched a traditional participating endowment plan – Bharti AXA Life Flexi Save – that provides the policy holder a lump sum benefit at maturity with life Insurance cover.
Extend your insurance cover on paid-up policies
In case you are unable to pay premiums any more in your traditional or unit-linked insurance plans (Ulips), you can use the paid-up option. Here, the policy continues to remain valid. However, its maturity amount is reduced and is also called a reduced paid-up policy.
Read moreBharti AXA Life Insurance launches new health insurance scheme
Bharti AXA has launched Hospi Cash Benefit Rider — a product that provides a fixed amount in case of hospitalisation or surgery. Read more
On Ulips, Insurance Regulatory and Development Authority (IRDA) mandates monthly disclosures
Life insurers will now have to inform unit linked insurance plan (Ulip) customers of the reduction in yield on a monthly basis. Read more
Insurance sector looking for remunerative tax incentives
The Indian insurance sector is looking for remunerative tax incentives in Budget 2013-14 to boost sales volumes and increase penetration. While life insurers demand separate deduction limits for long-term insurance products, non-life insurers want special exemption categories for home and property insurance. Read more