ulip
Insurance regulator provides some relief to Ulip holders
ULIPs – Boon or Bane?
Household Savings in India – A Catalyst for the Growth of Bancassurance Channel
DREAM SMART PLAN from Canara HSBC Oriental Bank of Commerce Life Insurance
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
Insurers want to tap RGESS to push Ulip sales
Insurance companies are keen to offer fund(s) approved under the Rajiv Gandhi Equity Saving Scheme (RGESS) to potential policyholders for unit-linked insurance plan (Ulip). Even the insurance regulator is with the sector on this. Read more
Focus on higher commissions adds to insurance mis-selling
The concern expressed by Finance Minister P Chidambaram earlier this week on the issue of mis-selling in the insurance industry has brought the issue of malpractices while selling policies to the forefront. Read more
Insurance density falls for first time in India: IRDA
The Insurance Regulatory and Development Authority (IRDA) said that since opening up of Indian insurance sector for private participation, India has reported a fall in the insurance density for the first time in the year 2011. The figure fell to $49 (about Rs 2,695) in 2011, from $55.7 (about Rs 3,063) in 2010. Read more
Interview with D K Mehrotra, Chairman, Life Insurance Corporation of India (LIC)
Implementation of product design guidelines poses a big challenge for life insurers, especially for a player like Life Insurance Corporation of India (LIC). The withdrawal of products that have been serving customers for more than five decades places reputation at risk, says D K Mehrotra, chairman, LIC, in an interview with Aswathy Varughese & Raj Nambisan. Edited Read more