Insurance - Cafemutual.com

HDFC Life promotes retirement planning, launches campaign to promote annuity

The campaign highlights the need for regular income post-retirement.

by Team Cafemutual Dec 30, 2022

‘Quarterly NAV of ULIPs should be declared on last day even if it is a holiday’

IRDAI has asked life insurers to declare quarterly NAV even on a non-business day.

by Team Cafemutual Dec 28, 2022

Bajaj Allianz General Insurance launches a new rider for senior citizens

Through this rider, senior citizens can avail emergency ambulance service, home nursing and physiotherapy care and so on.

by Team Cafemutual Dec 27, 2022

Check the performance of your insurer in terms of settling claims

Top five insurers – Max Life, Bharti Axa, Exide Life, Aegon Life and Bajaj Allianz have claim settlement ratio of over 99% in FY 2021-22.

by Nishant Patnaik Dec 23, 2022

Insurance broker floats online platform to distribute group policies to corporates

SecureNow has partnered with Tartan by Batik to provide this facility to corporates.

by Team Cafemutual Dec 16, 2022

‘Individual health insurance should be exempted from GST’

Many countries with high insurance penetration and density do not charge any tax or less tax on individual health insurance policies, said the general insurance agent association.

by Nishant Patnaik Dec 14, 2022

IRDAI explores discontinuation of Motor Insurance Service Providers (MISPs)

If this goes through, agents will be able to sell long term motor insurance policies to people.

by Nishant Patnaik Dec 9, 2022

IRDAI may bring uniformity in commission payment to agents and MISPs in motor insurance

by Nishant Patnaik Dec 8, 2022

Insurers to sell life, general and health along with other financial products like MFs soon: Govt

The government also proposed that insurers should be allowed to sell other financial products like mutual funds.

by Nishant Patnaik Dec 7, 2022

Agents may get a share in profits of general insurance companies

Also, agents having employees may also get bonus to remunerate their staff from insurance companies.

by Nishant Patnaik Dec 2, 2022

Removal of cap on commission will make insurance more affordable: IRDAI

IRDAI believes that insurers will have more flexibility in incentivizing their agents and intermediaries post removal of cap on insurance commission.

by Nishant Patnaik Nov 30, 2022

IMFs can have 6 tie ups, banks with 9 insurers: IRDAI

Meanwhile, IRDAI has approved registration of Kshema General Insurance.

by Team Cafemutual Nov 29, 2022

Big news: No upper cap on commission payment of agents/brokers

Life insurers will have leeway to pay up to 100% of the annual premium as first year commission to agents on term policies having premium paying term of at least 10 years.

by Nishant Patnaik Nov 24, 2022

‘Average health insurance premium of Rs.10 lakh family floater plan is 26300’

Online distributor PolicyX.com study reveals that the average insurance premium of health insurance policies across age categories and plans.

by Ayushi Gautam Nov 17, 2022

Delaying term insurance can increase premium by over 75% for 35-year-old’

The average price of term insurance with sum assured of Rs.1 crore is Rs.26,000, shows a study done by PolicyX, an online insurance distributor.

by Ayushi Gautam Nov 16, 2022