The Insurance Regulatory and Development Authority (Irda) today released regulatory guidelines for mergers and acquisitions (M&As) for non-life insurance companies.
Insurance companies looking for mergers would now have to take the approval of the relevant high court or tribunal before securing the final nod from the insurance regulator. The solvency margin of the merged entity [...]
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September 17th, 2009
admin
There are two major ways that you can do this. The first is by looking at the type of policy that you are currently under.
If you have an individual policy there is always the possibility of joining a group to go under a group policy. If you have a family you can change from [...]
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September 11th, 2009
admin
Numerous people ponder where to purchase the best health insurance. There are several options out there for purchasing a health care policy. Most health policies are sold by agents working for insurance companies. Local insurance agents offer reputable health insurance plans. All people need to do is ask their local insurance agent.
Research can be [...]
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ULIPs (Unit Linked Insurance Plans)
In India, Unit Linked Insurance Policies (ULIPs) are insurance policies that combine risk coverage with investing in the stock/debt markets. In effect, they are designed to behave as normal insurance policies plus mutual funds.
An investor’s contribution to ULIPs gets invested in specific types of portfolios that he/she chooses. The policy [...]
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Most individuals may dread the thought of death. However, it is important to make suitable arrangements to help the surviving family members. The right kind of Life Insurance can secure the future financial requirements of the family in the event of sudden death.
Insurance Agents state this as the primary reason for policy purchase. It [...]
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Life Insurance is a commodity most people take for granted until they actually need it. People are usually wary about discussing Life Insurance with an agent because they believe it is a morbid topic. They feel overwhelmed by the topic of Life Insurance in general, and the multitude of different products that are available [...]
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Life insurance involves a contract between the insurance company and the insured, which is bought by making regular periodic payments known as premium. These contracts are facilitated with the assistance of life insurance agents. They help their customers decide, the type of life insurance they would require – whole life or term life. Life [...]
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It is great that you know the importance of having a health insurance and have decided to get one. However, you must have realised by now that health insurance quotes can be quite high.
Maternity Coverage
If you are a lady looking for a private cover, drop the maternity coverage if you are 100% sure that [...]
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There are a number of ways to help you increase your sales results as follows:
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Talk to a person who has franchisee of different companies. This person can give you better idea about benefits and loopholes of different companies.
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The accounting regulator the Institute of Chartered Accountants of India (ICAI) has constituted an expert group to suggest sector-specific accounting norms for insurance companies.
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