Category Archives: India

Insurance News and Reality

Posted on November 13, 2011 by admin

Let me share two news in the media with respect to the Insurance services industry. LIC will bring out an online policy purchase option. IRDA will allow agents to sell/promote policies from more than one Insurer. My understanding is this: … Continue reading →

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Insurance News and Updates India

Posted on October 10, 2011 by admin

Here are a few links and updates on the Insurance scene in India 1. Medical Insurance Portability come in: Now you can switch your mediclaim policy from one insurer to another, without losing the benefits of coverage due to exclusion … Continue reading →

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Join RupeeCamp: A Personal Finance School

Posted on March 15, 2011 by admin

I am happy to announce the first RupeeCamp for your consideration. RupeeCamp is possibly India’s first structured program for both learning and implementation of your financial decisions. It is a unique initiative and readers have called it an innovative product. … Continue reading →

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Are ULIPs Right For You?

Posted on July 19, 2010 by admin

INSURANCE Are ulips right for you? (Source: The Indian Express, July 19) Latest set of regulations by IRDA will definitely make ulips better. But separate life and investment products still make more sense If you are financially savvy or have … Continue reading →

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Innovation Needs in Health Insurance

Posted on July 17, 2010 by admin

STATE-owned insurers have done well to restore cashless treatment facilities in hospitals, providing relief to scores of mediclaim holders. However, doing this on a case-to-case basis will mean that the insurer has to negotiate an acceptable rate with every hospital. … Continue reading →

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Health Insurance Updates

Posted on July 16, 2010 by admin

(Source: Hindustan Times, Chandigarh, July 16) The insurers and the healthcare industry need to evolve a symbiotic relationship Insurance is a subject matter of solicitation. Medicine is not. This lies at the heart of the standoff between corporate hospitals and … Continue reading →

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RBI Concerned About Dilution of Powers: The ULIP Ordnance

Posted on July 12, 2010 by admin

PTI News: Concerned over dilution of its role in dealing with inter-regulatory disputes, RBI Governor D Subbarao on Monday asked the government to relook the Ordinance it had issued last month to end the IRDA-SEBI turf war over control of … Continue reading →

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No Entry Load for Insurance Policies?

Posted on June 26, 2009 by admin

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 →

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Insurance Updates: India

Posted on April 17, 2009 by admin

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 →

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Transparent Unit Linked Insurance Policies

Posted on April 15, 2009 by admin

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 →

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