Insurance policies

What are the key differences between Life and General Insurance?

When it comes to insurance policies, the options are countless due to which it can get confusing to know which ones to opt for.

Mar 12, 2018, 18:19 PM IST

IRDAI unveils portal for insurers to sell policies online

Insurance regulator Irdai has launched a web portal for insurers that will allow them to register and sell policies online.

 

Apr 14, 2017, 15:39 PM IST

Insurance penetration in India may cross 4% mark in 2017: Report

By the end of 2017, insurance penetration in India is expected to cross the 4 percent mark amid proliferation of insurance schemes, says a report.

Feb 15, 2017, 14:17 PM IST

France raises 'terror tax' to support victims of attacks

French citizens will contribute an extra 1.60 euros (USD 1.67) on their property insurance policies to help finance a fund for victims of the extremist attacks that have recently hit the country.

Dec 29, 2016, 22:57 PM IST

10 new players apply to Irdai to start operations in India

Insurance Regulatory and Development Authority of India (Irdai) has received applications from ten new players to start operations in the country

Mar 28, 2016, 17:33 PM IST

LIC eyes increasing market share in policies, first premium

Life Insurance Corporation (LIC) has set a target to achieve 85 percent of its market share in terms of policies and 80 percent in terms of first premium by the end of the current fiscal.

Aug 19, 2015, 22:07 PM IST

Changing nominee in life insurance policies to cost Rs 100 now

Cancellation or change in nomination in insurance policies now comes at a cost as regulator IRDAI has allowed life insurers to charge up to Rs 100 for any such modification.

Apr 03, 2015, 18:31 PM IST

'Penalty of up to Rs 25 cr for mis-selling insurance policies'

The amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insurance companies to customers.

Mar 13, 2015, 22:24 PM IST

New disclosure norms expose insurers' policy-retention claims

Barring a few, such as ICICI Prudential, Reliance Life and Kotak Life, most of the life insurance companies have disclosed lower 'persistency ratios' for the first quarter of the current fiscal ended June 30, as also for the full financial year ended March 31, 2015.

Sep 07, 2014, 15:40 PM IST

'75% of insurance sales to be online by 2020'

As many as three-fourths of insurance policies sold by 2020 will be influenced by digital channels, says a report by global management consulting firm Boston Consulting Group and Google India.

Jun 25, 2014, 16:47 PM IST