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Insurance

  • How to choose the right insurance policy
    Choosing the right kind of insurance cover not only determines the care that we receive should our health take a wrong turn, but it can be the wild card in your financial plan.
  • SBI to discontinue free accident cover for loan customers
    Country's largest bank SBI will discontinue a free accident insurance cover given to its home and car loan customers from July this year.
  • Hope to get Insurance Bill passed soon: Finance Minister
    Finance Minister P Chidmabaram expressed hope on Saturday that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.
  • India plans reinsurance pool to cover refiners handling Iran oil
    India plans to set up a fund of up to Rs 2,000 crore to back local insurers in offering cover to refiners who process Iranian crude, three government sources said, as sanctions discourage global reinsurers from taking on the risk.
  • Life insurers to have standard form for policy holders: IRDA
    IRDA on Monday asked all life insurers to adopt a standard form for policyholders seeking insurance cover, a move which is aimed at bringing in uniformity and transparency.
  • How to revive a lapsed insurance policy
    Well, for reviving a lapsed policy, you need to pay the unpaid premiums along with the interest.
  • 5 scenarios when you don't need life insurance
    Agents will often persuade you into buying a policy you might not even need. Here are five such cases.
  • Exide gets CCI nod for buying stake in ING Vysya Life Insurance
    Fair trade regulator CCI has given the green signal to battery maker Exide Industries Ltd's proposal to fully acquire ING Vysya Life Insurance Company, saying the deal will not adversely impact competition.
  • Tax concessions for life insurance sector likely in Budget
    Life insurance policyholders can look forward to more tax concessions as Finance Ministry is considering a proposal to do away with service tax on first premium and create separate exemption limit for pension schemes in the upcoming Budget.
  • Guidelines for traditional life insurance products soon: Irda
    The final guidelines for traditional life insurance products could be announced by the insurance regulator after a meeting on February 8, Hari Narayan, chairman of the Insurance Regulatory and Development Authority (Irda) said today.
  • 10 tips to shrink your car insurance bill
    The gender and profession of the driver, and the city where the vehicle will be driven also influence the insurance premium you have to pay.
  • ING sells stake in Vysya Life Insurance
    Dutch banking and insurance group ING said on Wednesday it has agreed to sell its 26 percent stake in Vysya Life Insurance to its joint venture partner Exide Industries. ING said the divestment is part of its sale of all of its Asian insurance and investment management operations.
  • Why life insurance and investment should not be mixed
    To not get into such risky situations, it is best if you take a term cover of an assumed value that you think can support your medical emergencies in future.
  • Irda proposes uniform definition of key terms in health insurance
    The Insurance Regulatory and Development Authority (Irda) has come out with standard definition of various key terms like critical illness with a view to bring in uniformity and promote health insurance.
  • Reliance Life Insurance appoints Anup Rau as new CEO
    Reliance Life Insurance Company, part of Reliance Capital, today said it has appointed Anup Rau as new CEO of the company with immediate effect.

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