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  • Budget 2014: Insurers Meet Jaitley, Pitch for Raising FDI Ceiling to 49 Per Cent
    Keen to push insurance sector reforms, Finance Minister Arun Jaitley on Thursday met CEOs of private sector companies to discuss issues related to capital requirements, including the cap on foreign direct investment (FDI).
  • How to save tax through various insurance policies
    Insurance tax deductions can be divided into 3 parts - life insurance, pension plans and health insurance.
  • Bought an expensive mobile phone? Consider insuring it
    The growing penetration of high end and smartphone market in the country has also increased the number of cases of thefts and accidental damages.
  • Insurers seek more hike in auto insurance premium
    The regulator IRDA has raised the third-party motor premium by 10-15 per cent, effective April 1, against a demand for a minimum 50 per cent increase by the industry.
  • Why all life insurance plans may not save tax
    While insurance plans do offer tax benefits up to Rs 1 lakh under section 80c of the income tax act, new change in rules and regulations especially with the implementation of Direct Taxes Code (DTC) means one needs to be careful while selecting any insurance product simply because of its tax related benefits
  • Company's health insurance: All you need to know
    For most of us, it is just a simple deduction from our salary which provides benefit at the time of hospitalization. However, there is much more to it. Let's see the merits and demerits of employer provided health insurance vis-a-vis individual health insurance.
  • 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).

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