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The regulator says no charges can be levied for KYC, technology or payment gateway services. Advice fees can be charged only after investors okay all the terms and conditions

Whether customers purchase a new ULIP or decide to renew their existing policy, most will reap the dual benefits of growing their wealth and protecting the future of their families.

The industry has outperformed its global peers, but mostly by exiting the bottom of the pyramid

As markets consolidate and the fear of a big correction wanes, investors will come back, and flows should start to turn positive, says Tyagi

To seek changes in circular asking to pay 20% salary to key staffers in scheme units

These norms on settlement of covid-19 health insurance claims will ensure that there’s an outer limit to settle the claims to keep policyholders ease as the topmost priority

The resurgence of Covid-19 pandemic has hit the nation like a tsunami that has thrown the grossly under prepared health system out of gear.

“I cannot mandate that employees save a certain amount of money that they cannot access for three years.”

The total value of the world's top 100 most valuable insurance brands declined 6% in 2021 from a year earlier. But LIC's brand value increased by almost 7%

Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to claim insurance reimbursement for such home care howsoever justifiable it may be.

Shaking off a languid approach to regulation in crucial areas and developing transparency in operations are keys to enable FDI and enhance insurance penetration.

There has been a major dip in contribution to the EPFO during the last financial year

The IRDA missive comes amid reports that some families of COVID-19 patients were allegedly forced to opt for cash payment for settling hospital bills despite having cashless insurance policies

On a quarterly average asset under management basis, the fund house’s share stood at 16.7% in March, down from 17.2% in December and 16.9% a year ago

"It's certainly commendable to witness our own COVID warriors i.e. our channel partners, who have stood firm and helped the organisation navigate the uncertain environment," SBIG's managing director and CEO PC Kandpal said.