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Insurance

Higher commission in life insurance help check agent attrition
LIC India adds 17,630 new agents while private insurers lose 23,500 distributors.
by Nishant Patnaik Apr 26, 2018
Here is how you can help clients link their Aadhaar with insurance policies
Since insurance companies do not have a centralised database, you have to ensure that you help your clients link their Aadhaar with insurance policies across different insurers.
by Team Cafemutual Apr 13, 2018
General insurers see 18% growth in new business premium last fiscal
But the overall industry growth has declined.
by Team Cafemutual Apr 11, 2018
‘The newer generation of ULIPs are directly comparable with MFs’
In an email interview Bismillah Chowdhary, Chief Investment Officer, Edelweiss Tokio Life Insurance shares his views on ULIPs as a long-term investment solution and his investment philosophy.
by Padmaja Choudhury Apr 10, 2018
Marginal or no hike in the third party motor insurance premium
IRDAI has kept the third party motor insurance premium rates either unchanged or hiked it marginally this year.
by Team Cafemutual Mar 29, 2018
Max Bupa Health takes robo route to market policies
Max Bupa Health Insurance introduces predictive artificial intelligence algorithm to personalized customer experience.
by Team Cafemutual Mar 22, 2018
Some more time to link Aadhaar with insurance policy
For fresh policies, insurers and agents have to ensure that clients link their Aadhaar with insurance policies within six months from the commencement of the policy.
by Team Cafemutual Mar 20, 2018
Insurers cannot reject claim on genetic disorder anymore
IRDAI has directed insurers offering health insurance policies not to reject claims arising out of genetic disorder.
by Team Cafemutual Mar 20, 2018
After two years of steep hike, marginal hike on third party premium this year
The insurance regulator has proposed a flat or marginal hike in third party motor insurance premium rates.
by Team Cafemutual Mar 7, 2018
Commission payout to agents emerges as a fraud-prone area: EY
Bribery, corruption, commission-related issues and conflict of interest with employees are some of the key concerns in this regard.
by Padmaja Choudhury Feb 28, 2018
Now you can book for an event without worrying about last minute changes
In a first of its kind innovation, HDFC Ergo General Insurance Company has launched Ticket Cancellation Insurance Policy that will get you a refund on cancelling a pre-booked event ticket.
by Team Cafemutual Feb 26, 2018
Insurers bank on LTCG on equity funds, launch new avatar of ULIPs
While Edelweiss Tokio has launched a ULIP for children goal planning, Bajaj Allianz’s ULIP comes with return-of-premium facility.
by Padmaja Choudhury Feb 19, 2018
Insurance agents face tough competition from digital channels: RBI
RBI report says that fintech distribution is disruptive and can change the course of insurance business.
by Padmaja Choudhury Feb 13, 2018
Unclaimed insurance amounts to be used for the benefit of senior citizens
Insurance firms (both life and non-life) are holding close to Rs. 12,000 crore of unclaimed funds as on March 31, 2016.
by Team Cafemutual Feb 9, 2018
Insurers welcome long term capital gains tax in equity
Here is what insurance honchos have to say about the Union Budget 2018-19.
by Team Cafemutual Feb 1, 2018