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  • Insurance

    Bharti AXA Life launches a ULIP focusing on midcaps
    The fund house believes that mid cap companies can become blue chip companies.
    Posted on Sep 18, 2023
    Why health insurers reject claims
    Majority of investors are not aware of terms and condition of health insurance. Also, even if they make claim request, they are not able to address queries or concerns raised by insurers.
    by Team Cafemutual Sep 17, 2023
    96% of Indians know about health insurance but only 43% have it: Report
    Further, 53% of people had bought health policies in the past but did not renew it, says the report.
    by Team Cafemutual Sep 14, 2023
    Why do people leave life insurance policy?
    Policyholders say high premium and not so good performance of life insurance products are the top two reasons to leave life insurance policies.
    by Team Cafemutual Sep 10, 2023
    ICICI Pru Life launches a policy that assures regular income for up to 30 years
    The regular income will not stop even after death of the policyholder.
    by Team Cafemutual Sep 9, 2023
    Policyholders of withdrawn policies can add riders like critical illness
    Loan against insurance also gets cheaper for existing policyholders.
    by Nishant Patnaik & Riddhima Bhatnagar Sep 9, 2023
    New opportunity for distributors in insurance space
    Bima Trinity – Bima Vistaar, Bima Vahak and Bima Sugam to be reality soon: IRDAI
    by Nishant Patnaik Sep 7, 2023
    Health insurers will have to guide policyholders on portability
    IRDAI proposes to standardize customer information sheet in health insurance.
    by Nishant Patnaik Sep 5, 2023
    ULIP takes BAF avatar
    Bajaj Allianz Life has launched a ULIP having features like balanced advantage funds or dynamic asset allocation fund.
    by Team Cafemutual Sep 3, 2023
    IRDAI issues caution against unregistered company ‘Surety Seven’
    The insurance regulator said that this unregistered company is possibly soliciting surety insurance.
    Posted on Aug 30, 2023
    Tata AIA Life launches ULIP with critical illness cover
    The critical illness covers 130 surgeries and 57 critical illnesses.
    by Team Cafemutual Aug 21, 2023
    Insurers should keep interests of policyholders and agents/intermediaries in mind to arrive at commission: IRDAI
    The insurance regulator has also asked insurance companies to offer direct plans in insurance by reducing the premium amount.
    by Nishant Patnaik Aug 21, 2023
    LIC books profit of over Rs.9500 crore in April-June 2023
    Majority of profits has come due to availability of solvency margin.
    by Team Cafemutual Aug 17, 2023
    Life insurance industry collects Rs.73,000 crore by selling 48 lakh policies in April-June 2023
    However, the life insurance industry saw marginal decline both in terms of new business premium and total policies sold.
    by Riddhima Bhatnagar Aug 17, 2023
    Pure term policies are still exempted from taxation: CBDT
    CBDT clarified that maturity proceeds on insurance policies issued after April 1, 2023 will be taxed if the aggregate premium amount exceeds Rs.5 lakh. However, not all maturity proceeds will be taxed.
    by Nishant Patnaik Aug 17, 2023