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Author Archives: admin
RupeeManager is Live and in Private Beta
RupeeManager is a easy-to-use personal finance software to manage your money. It primarily helps organize one’s finances and keeps track of where, when and how the money goes and comes. Measuring something has an uncanny tendency to improve it. And … Continue reading
Posted in Blogroll, Budgeting
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Economic Survey For 100% FDI in insurance segments
At a time when the government is struggling hard to hike the foreign direct investment cap to 49 per cent in insurance, the Economic Survey called for raising the limit on foreign equity to 100 per cent in specialised segments … Continue reading
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Survey seeks up to 49 pc FDI in Insurance, defence
Laying the road map ahead of the Budget, the Economic Survey today sought sweeping financial reforms, an ambitious disinvestment programme, free pricing for fuel and fertiliser, opening railways to private sector and liberalising FDI in defence, retail and insurance areas. … Continue reading
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Insurance Industry Review by Economic Survey India
The need for greater insurance penetration in both the life and non-life segments has been underscored by the economic survey. The survey points out insurance penetration in the country remains significantly lower than its Asian peers. However, it has mentioned … Continue reading
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No Entry Load for Insurance Policies?
THE decision by market regulator Sebi to allow investors get into mutual funds (MFs) with variable entry charges has put the spotlight on the life insurance industry. For years, fund managers in asset management companies (AMCs) have accused the life … Continue reading
Posted in India, Insurance
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Insurance Updates: India
1. IRDA drafting bancassurance guidelines India’s insurance industry watchdog, Insurance Regulatory & Development Authority (IRDA), is working on a set of guidelines for bancassurance that will enable insurers to pass on savings achieved through using the bank distribution channel, reports … Continue reading
Posted in India, Insurance
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Transparent Unit Linked Insurance Policies
Confused over buying the right unit-linked policy? Well you are not the only one. It is really confusing when you have to compare the offerings of the 22-odd life insurance companies in the market. While insurers pitch unit-linked policies as … Continue reading
Family Health Insurance Policy v/s Individual Health Policy
Expensive as they appear, it is sometimes better to go for individual policies for the whole family Today, there is increased awareness about healthcare costs and how mediclaim insurance helps mitigate the risk of such costs. One question for the … Continue reading
Posted in Insurance
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IRDA tightens Insurers on Mis-selling
The insurance companies should provide proper understanding of the product at the time of selling a policy to avoid mis-selling, according to Mr J. Hari Narayan, Chairman, Insurance Regulatory and Development Authority (IRDA). “Mis-selling has been a major area of … Continue reading
IRDA Watches Insurers Business Practices
In a move that can impact the premium rates of the unit-linked insurance products, the Insurance Regulatory and Development Authority (IRDA) has said second year premiums should not be less than 75 per cent of the initial year’s premium. “IRDA … Continue reading
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