Category Archives: Insurance

Insurance News and Reality

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

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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Are ULIPs Right For You?

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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Health Insurance Updates

(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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Infosys Takes Cover For Its Employees

Software major Infosys Technologies has renewed its insurance cover with National Insurance Company for a marginally higher sum of Rs 10,500 crore for the year 2010-11, as against Rs 9,500 crore last year. The insurance cover includes company’s assets in … Continue reading

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RBI Concerned About Dilution of Powers: The ULIP Ordnance

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?

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

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

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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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

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