Insurance

It’s a family floater scheme which covers primary member, spouse, children as well as parents and parents-in-laws.

The banking regulator might be discussing this issue in the forthcoming meeting.

The committee will look into different problems existing in the distribution space.

Usha Mallya and Vinayak Sapre have started a consultancy firm for advisers called ‘Insight’.They will offer practical and hands-on training to advisers who are facing any issue relating to business development, HR, customer service, etc.

The campaign aims to promote general insurance products among consumers.

Insurers also need to issue a certificate with all the details of various charges levied on the customer.

The finance ministry has asked DIPP to review the definition of insurance.

Renewal of health policies cannot be denied on the ground of age.

The regulator has revamped traditional policies by adding new changes.

Insurers blame it on falling number of agents and slow product approval.

The measures will help insurance companies increase penetration.

Budget proposes many things to enhance insurance reach

It plans to empanel 1,000 distributors by the end of the year.

The regulator has standardized 46 terms and excluded 199 items from hospitalization policies.

Sub broking expected to help insurers penetrate rural and semi-urban markets.