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LIC premium collection dips by 21% in Apr-Dec period

During December, LIC added new business of Rs 5,858.55 crore by underwriting 19.14 lakh policies.

Insurers will not be able to revise the rates during the tenure of the policy, even if you make a claim during the tenure of the policy.
Some new Ulips have lower costs than what many mutual funds charge. Let's see if it makes sense to invest in the new and much-improved version of Ulips.
Selecting a health policy has never been easy. To begin with, you must know that there are two kinds of health insurance policies-indemnity and benefit.
RBI guidelines in this regard state that banks may undertake insurance business by setting up a subsidiary or joint venture (JV).
With this, Bupa has become the first oreign company to announce a hike in shareholding following amendments to the insurance laws.
Max Life Insurance MD Rajesh Sud tells you why you need to give greater attention to life insurance products during 2015.
Irda has clarified that each general insurer has to ensure that third-party cover is made available to the insured in proportion of its market share.
Following are going to be the key focus areas for the health insurance segment.
Home care companies provide attendants, nurses, physiotherapists and doctors at home to take care of senior citizens as well as patients after surgery.
Banks have also been allowed to set up subsidiaries and joint venture companies for undertaking insurance business with risk participation, the guidelines said.
Mobile apps can help you inform your insurer about the incident. Not only claim intimation, you can also check your claim history using the app.
Telecom Minister Ravi Shankar Prasad said that the limit of postal life insurance has been raised from Rs 20 lakh to Rs 50 lakh.