Insurance

Life Insurance Corporation (LIC)'s New Jeevan Anand plan comes with a dual benefit of protection and savings. The plan pays the surviving policyholder a lumpsum amount at the end of its term, or pays the nominee in case of death of the policyholder, according to LIVE's website - www.licindia.in. LIC is the country's largest life insurance company with provides...

The Insurance Regulatory and Development Authority of India (IRDAI) has now allowed general and standalone health insurers to offer the Arogya Sanjeevani Policy as a group insurance product. Once insurance companies launch this policy as a group cover, organisations may soon be able to buy this cover for their employees. Among other things, the Arogya Sanjeevani Policy also covers...

Life Insurance Corporation (LIC), the country's largest life insurance company, which offers insurance policies like term insurance plans, endowment plans and money back plans also offer pension plans. LIC's Jeevan Shanti Policy plan is one of the pension plans being offered by the state-run insurance corporation. LIC Jeevan Shanti policy is a single premium plan wherein the policyholder has...

Life Insurance Corporation (LIC), the country's largest life insurance company, which offers insurance policies like term insurance plans, endowment plans and money back plans also offer pension plans. LIC's Jeevan Shanti Policy plan is one of the pension plans being offered by the state-run insurance corporation. LIC Jeevan Shanti policy is a single premium plan wherein the policyholder has...

Cyril Amarchand Mangaldas acted as the legal counsel to Bharti AXA General Insurance Company Limited (Bharti AXA) and Bharti General Ventures Private Limited (Bharti General) on the de-merger of Bharti AXA's general insurance business with ICICI Lombard General Insurance Limited (ICICI Lombard). The General Corporate, Competition Law practices, assisted by the Artificial Intelligence team, of Cyril Amarchand Mangaldas, advised...

The Delhi High Court has expressed concern over the sudden "steep" increase in the premium of insurance policies by government companies for lawyers and said this would completely defeat the purpose of the Chief Minister's Advocates' Welfare Scheme. The court perused a status report filed by the Delhi government, which showed that after the opening of the financial bids...

A life insurance policy is an essential tool that helps you protect your loved ones financially. However, it can sometimes be confusing to choose a suitable policy. Two of the most common plans are traditional and term life insurance policies. A traditional policy offers the financial cover for the policyholder’s entire lifetime. If you are asking what is term...

ICICI Lombard General Insurance Co. Ltd. and Bharti AXA General Insurance Co. Ltd., on Saturday, announced that they will combine their insurance businesses through a share swap deal, which once consummated will create the country's third largest general insurance entity. Mint on 11 August had reported that ICICI Lombard General Insurance, India’s largest private non-life insurer, is in advanced...

Covers personal accident insurance Can be gifted to anyone Premiums valued at 501, 1001, 2001 Hyderabad, August 2020: SBI General Insurance, one of the leading general insurance companies in India, today announced the launch of first-of-its-kind offering, ‘Shagun – Gift an Insurance”, a unique gift of Personal Accident policy. This product was filed by SBI...

· Bharti AXA Life to offer insurance products, including protection, health, savings and investment plans, through SBM Bank India’s network MUMBAI/NEW DELHI: August, 2020: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced its bancassurance partnership with SBM Bank...