IRDA allows insurers to accept UIDAI’s e-KYC for KYC Verification
UIDAI information valid for proof of identity and address
by Team Cafemutual Oct 22, 2013
PolicyBachat gets web aggregator license
8th player to get such license
by Team Cafemutual Oct 22, 2013
IRDA proposes life insurance cover for HIV/AIDS infected persons
Insurance companies cannot reject claims of HIV positive policyholders who were HIV-negative on the date commencement of contract, proposes IRDA.
by Team Cafemutual Oct 15, 2013
Deadline for new products norms extended to Jan 1
IRDA extends the deadline from October 1 in response to the insurers’ representations.
by Team Cafemutual Oct 1, 2013
No free look on health insurance policies of tenure of less than a year
Now, all health insurance policies with tenure of less than a year would not have a free look facility.
by Nishant Patnaik Sep 30, 2013
Growth in general insurance business on declining path since start of FY 2013-14
Slowdown in automobile, infrastructure and steep discounts hurt the industry.
by Nishant Patnaik Sep 30, 2013
Here’s how insurance policies will look in their new avatar from October 1: Part II
ULIPs will have portability facility, traditional policies come with increased death benefits and health insurance schemes will provide bonuses on unclaimed policies from October 1.
by Nishant Patnaik Sep 26, 2013
IRDA slaps a fine of Rs 5 lakh on Punjab & Sind Bank for receiving excess commission
The PSU bank has received an additional commission of 5.19 crore in the form of infrastructure support, advertisement and publicity expenses during the FY 2011-12.
by Team Cafemutual Sep 25, 2013
Here’s how insurance schemes will look in their new avatar from October 1
New products will reduce commission payouts and increase the surrender value.
by Nishant Patnaik Sep 25, 2013
Only single KYC will be required to buy multiple insurance policies
e-Insurance accountholders need not submit KYC after the first insurance policy.
by Team Cafemutual Sep 22, 2013
Max Bupa to flag off ‘Walk for Health 2013’ in Delhi and Mumbai
The health awareness drive will be carried out on October 20, 2013.
by Team Cafemutual Sep 17, 2013
ICICI Prudential Life launches ICICI Pru Easy Retirement
The product can be purchased online.
by Team Cafemutual Sep 17, 2013
IRDA launches Insurance Repository service
Finance Minister P Chidambaram has inaugurated the IR service by handing over an electronic Insurance Account (eIA) to a policyholder.
by Team Cafemutual Sep 17, 2013
Health, motor insurance drive non-life business
The market share of private players in non-life business increases to 45% in the first quarter.
by Nishant Patnaik Sep 16, 2013
Non-life insurers witness a healthy growth of 17 percent in premium collection
Religare registers a robust growth of 740% in its new business premium collection for the period April-July 2013.
by Team Cafemutual Sep 13, 2013
