Insurance

ULIPs cannot be advertised as investment product: IRDAI

In addition, the insurance regulator has directed insurers to strive towards achieving zero grievances in the insurance industry.

by Nishant Patnaik Jun 25, 2024

Insurers to facilitate online system for policyholders to change agents in unserved policies

Insurers should ensure uninterrupted policy servicing to policyholders: IRDAI

by Nishant Patnaik Jun 24, 2024

General insurance body demands reduction in GST from 18% to 5% on general insurance products

The Confederation of General Insurance Agents Association of India has submitted a memorandum to Finance Minister, PM and chief ministers of all states.

by Kushan Shah Jun 20, 2024

New business opportunity for MFDs in NPS distribution

MFDs can become pension agent without appearing for any examination.

by Nishant Patnaik Jun 18, 2024

CAMS Insurance Repository launches Bima Central

Bima Central allows users to manage life, health, and motor policies through their secure e-Insurance Account (eIA).

by Team Cafemutual Jun 18, 2024

Life insurance premium will be uniform across distribution channels

The premium amount of a life insurance policy will be similar for insurance brokers, banks and agents.

by Nishant Patnaik Jun 13, 2024

LIC, SBI and HDFC: Top three life insurers in terms of profits in FY 2024

HDFC Life saw the highest increase in its profitability in absolute terms.

by Muzammil Bagdadi Jun 12, 2024

General insurers cannot reject claims in absence of documents: IRDAI

In motor insurance, all insurers will have to give ‘pay as you drive’ as default option.

by Nishant Patnaik Jun 11, 2024

HDFC Life crosses AUM of Rs.3 lakh crore

The company has 33% exposure to equity.

by Team Cafemutual Jun 8, 2024

Sameer Bansal is the new MD & CEO of PNB MetLife

He was the Chief Distribution Officer of the company.

by Team Cafemutual Jun 7, 2024

Agents/intermediaries should be trained for better policy servicing: IRDAI

IRDAI has instructed insurers to train their agents, intermediaries and sales force on the new health insurance guidelines.

by Nishant Patnaik Jun 3, 2024

IRDAI acts against fraudulent tele callers

Insurers and intermediary cannot make promotional calls through 10-digit mobile number.

by Team Cafemutual May 31, 2024

5 major developments in health policies that you should be aware of

Knowing these changes can make your sales pitch easier.

by Nishant Patnaik May 31, 2024

IRDAI makes health policies more customer friendly

Now, policyholders will have a choice to utilize no claim bonus in the form of reduced premium or increased sum insured.

by Nishant Patnaik May 30, 2024

IRDAI appoints Satyajit Tripathy as Member - Distribution

Tripathy will be the Member of IRDAI till 2026.

by Team Cafemutual May 26, 2024

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