Insurance

MUMBAI/NEW DELHI: June 03, 2019: 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 said its new business premium posted 25 per cent growth at Rs911 crore in the financial year 2018-19 against Rs731crore in the corresponding previous fiscal period. The...

MUMBAI: May 22, 2019: 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, has been conferred with the ‘Claims Excellence Award’ by the Federation of Indian Chambers of Commerce and Industry (FICCI). FICCI, the largest and oldest apex business organization in India,...

National, April , 2019:Max Bupa, one of India’s leading standalone health insurance players, and HDFC Bank, one of India’s leading private sector banks, today announced the launch of ‘digital first’propositionsfor the bank’s 40+ million customers, spread across its 5,000+ branches. Max Bupa is committed to provide the best bespoke and comprehensive health insurance solutions and services to HDFC...

New Delhi, 22 February 2019: MobiKwik, India’s largest digital financial services platform, today announced the launch of digital life insurance on its app to its users. MobiKwik in association with ICICI Prudential Life Insurance Company has rolled out first-of-its-kind group micro insurance product. The offering begins with a life cover of Rs. 1 lakh available for a monthly premium...

Life Insurance is not about investing your money to earn a return on it, it’s about financial protection for your loved ones. And the most efficient way to do that is through a term insurance policy. This policy does not invest your money which means you pay only for insurance and after the policy term ends you don’t...

Mumbai: Smruti Valegaonkar, 25, Mumbai-based senior architect and product designer at MuseLab Design Engine, has a life insurance cover. “My parents bought it when I was a child,” said Valegaonkar, who has an endowment life insurance plan. The nominee of her insurance plan is her younger brother. “If she does not have dependence requirement, Valegaonkar can continue with the same plan,”...

Life insurance is a product that’s sold and not bought. At least that’s what the insurance industry believes and therefore banks on its army of agents to convince you to buy life insurance. For this, the agent gets a cut from the premium that you pay. So, every time you cut a premium cheque, the agent makes money...

Most people have a really hard time understanding motor insurance terms and conditions. Most of it is written in highly legal jargon with the use of abbreviations that you just can’t figure out.   To add to that, there are so many policy papers that you have to get through, it can all be a bit...

Make Multiple Health Insurance Claims Today’s stressful and fast-paced life contributes to a number of diseases. And this is why investing in a health insurance policy is essential. However, most insurance policies come with a limit on the sum assured, depending on the age of the insured and the insurance company’s underwriting guidelines. In such cases, the insured...

New Delhi: ICICI Prudential Life Insurance Co. Ltd has agreed to take over the life insurance business of Sahara India Life Insurance Co. Ltd, which was effectively wound up by the regulator last month. “ICICI Prudential Life has agreed to take over the policyholders’ liabilities of Sahara Life and has already commenced valuing the liabilities of the policyholders...