Birla Sun Life Insurance launches ULIP pension plan

Birla Sun Life Insurance has launched its non-participating unit-linked pension plan ‘Empower Pension.’

The plan enables customers to accumulate their premiums and investment returns into a corpus for their retirement needs in the accumulation phase. In the vesting phase, this corpus would be used to purchase annuity, which ensures a stream of regular income payable for the rest of their lives. Read more

Firms optimistic about a future ‘insured’ by regulatory changes

Year 2012 wasn’t the best for Indian insurers, bogged by several regulatory changes and slowing in premium growth. However, company executives hope the situation would see some improvement in the next year, especially with some stability expected on new product guidelines and bancassurance. Read more

Insurance News: M&C Saatchi-i wins a Bronze at DMA Echo Awards 2012

M&C Saatchi-i was the only Indian agency to win metal at the DMA Echo Awards 2012. The agency won Bronze for its entry ‘Saptapadi’ for Birla Sun Life Insurance.

Rakhshin Patel, partner, M&C Saatchi-i, said, “Winning international recognition for India can only be topped by making a habit of doing so. And it thrills me that after becoming the only Indian agency to win two Echo awards in the same category in as many years, we can now aim to take it even one level higher and make it three wins in a row.” Read more

Birla Sun Life Insurance Health Plan

Being able to provide the best medical care is of great importance to all of us. Illnesses can strike at any time and paying for medical and hospitalization care from your savings can put a strain on your finances and can become a major source of worry. BSLI’s Health Plan allows you to spend time cheering up your loved ones and not worry about paying for the best care. Read more