Insurance

K Ganesh is the new Member (Life) of IRDAI

Ganesh has replaced Nilesh Sathe.

by Team Cafemutual Aug 9, 2019

Reporting on agents’ commission no longer required, IRDAI to insurers

However, IRDAI has signalled that it would modify such a reporting to capture additional payouts such as rewards.

by Nishant Patnaik Aug 9, 2019

Mobikwik, Edelweiss Tokio Life to sell life insurance of Rs.1 lakh at Rs.148

Edelweiss Tokio Life and Mobikwik tie up to offer bite-sized insurance.

by Team Cafemutual Aug 2, 2019

Blow to insurance agents, long-term motor policies only for new cars and scooters

In 2017, IRDAI had allowed insurance companies to appoint automobile dealers as intermediaries to distribute motor insurance policies.

by Nishant Patnaik Jul 15, 2019

Supreme Court to investigate whether LIC Jeevan Saral was really saral

Mumbai NGO Moneylife Foundation files PIL against LIC in the Supreme Court for allegedly duping investors under its Jeevan Saral Plan 165.

by Shreeta Rege Jul 10, 2019

5% TDS on maturity proceeds of life insurance

However, maturity proceeds arising out of death of a policyholder will continue to be exempted from TDS and taxes.

by Nishant Patnaik Jul 8, 2019

Should you recommend guaranteed return insurance products to your clients?

Analysis: The pros and cons of investing in guaranteed return investments.

by Shreeta Rege Jul 3, 2019

Mobikwik, Max Bupa join hands to sell Rs.49 health insurance products

Under this plan, policyholders get lump sum amount of Rs.10,000 for the treatment of common disease such as malaria, dengue and so on.

by Team Cafemutual Jun 27, 2019

Group business segment brings good news for top life insurers in FY 19-20

Aided by robust growth in the group business segment, top four life insurers’ premium collection in the first two months of FY 2019-20 touched an all-time high.

by Sridhar Kumar Sahu Jun 18, 2019

IRDAI hikes third party motor premium rates

However, IRDAI has kept third party premium rates of top-end bikes and cars unchanged.

by Team Cafemutual Jun 7, 2019

Third party motor premium rates to go up, but no hike for high-end bikes and cars

While IRDAI has proposed to increase the third party motor insurance premium rates in most segments, it has kept third party premium rates of high-end vehicles unchanged.

by Team Cafemutual May 23, 2019