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  • Why you must have health insurance
    Whether one runs his/ her own business or is a salaried employee, he/ she still needs the right medical cover protection.
  • Know fund source for premium of Rs 1 lakh/year: Irda to Birla Sun
    The Insurance Regulatory and Development Authority (IRDA) said it noticed that the company was relying on the declared income of the life assured or the policyholder along with the bank statements.
  • LIC's claim settlement better than private insurers: Irda
    Life Insurance Corporation posted claim settlement ratio of 97.73 per cent last fiscal, as compared to 97.42 per cent in 2011-12.
  • How to choose the best car insurance policy
    It is always advisable to compare quotes from multiple insurance providers to see who is offering you the best deal.
  • How to avoid getting your insurance claim rejected
    Insurance is the most important element in risk cover to secure you and your family from unforeseen events. But, a denial from your insurer to settle the claim can be a big jolt. Thus, it is imperative to be careful while buying a plan and one must also re-examine the details of the policies already held.
  • Aviva may sell life insurance stake in India JV: report
    Aviva is considering various options, including the sale of its stake to Dabur Group if it fails to find a foreign insurer to buy it, one of the sources said.
  • DLF to exit insurance business to pare debt
    The stake sale in the joint venture is part of DLF's strategy to divest "non-core" assets to pare debt, a company statement said.
  • Competition watchdog rules out abuse of dominance by United India Insurance
    It was alleged that since United India Insurance was the only and dominant service provider to "CanCard Group Medi insurance policy holders", all holders who opted for these medical claim policies were necessarily required to carry out all the transactions through the insurance company and its TPA.
  • Insurance industry to grow below 5 per cent in FY14: CII
    The growth rate of Indian insurance industry is likely to be less than 5 per cent in fiscal year 2013-14, according to the Confederation of Indian Industry (CII).
  • Government appoints S K Roy as LIC Chairman: report
    Mr Roy, who at present a Managing Director in the organisation, would be succeeding D K Mehrotra, whose term as LIC chief ended on May 31.
  • Four life insurance mistakes you must avoid
    Determining the adequate risk coverage and suitable insurance products is an important aspect of financial planning. The various complexities attached with existing life insurance policies in the market make choosing the right one difficult. Listed below are the most common pitfalls one needs to avoid while buying a life insurance policy.
  • Chidambaram wants greater penetration in the non-life insurance sector
    The insurance density for general insurance in India is less than $9, while it is $53 in China. Gross underwritten premium (GWP) of the sector was Rs 69,000 crore in 2012-13.
  • Warren Buffett firm bets big on mobiles, social media in India
    With an aim to become a leading online insurance provider, the Indian venture of Warren Buffett-led Berkshire group is betting big on the popularity of mobile phones and social media to boost its business.
  • How much insurance cover do you need?
    The standard practice of financial planning advocates us to first calculate the insurance requirements and then start analyzing the available options before picking the suitable product.
  • Manulife, HDFC Life among likely bidders for HSBC India insurance arm
    HSBC plc, Europe's biggest bank, is selling its 26 per cent stake in a life insurance joint venture with two Indian state-run banks, as it sheds noncore businesses globally.

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