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The insurer is planning to come out with a product similar to Market Plus, which generated good revenues last year.
Life Insurance Corporation of India (LIC) plans to come up with new products, both in the unit-linked as well as traditional segments, to improve premium collection in the second half of the year. The insurance [...]

Health insurance portability service, which would allow policy holders to switch insurers, is all set to be implemented from October 1, the Insurance Regulatory and Development Authority (Irda) said today.
The scheme was proposed to come into force from July 1 earlier, but was deferred for three months due to certain outstanding issues with insurance [...]

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited, a joint venture between two of India’s largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, announced the launch of Canara HSBC Oriental Bank of Commerce Life Insurance Smart Sanchay Plan, a traditional group protection-cum-savings [...]

SBI Life Insurance announced a foray into the health insurance segment with the launch of its ‘Hospital Cash’ plan, which provides a fixed daily allowance to policyholders for each day of hospitalisation.
The Hospital Cash plan guards against the erosion of policyholders’ accumulated savings on account of medical bills by providing a fixed daily allowance [...]

For many people having individual health insurance is vital. Particularly for many people who are unemployed or even self-employed, but it’s not uncommon to find many people with individual or family insurance or to be given insurance as a benefit of being an employee. As the population is rising, an ever increasing strain is [...]

Vijaya Bank has signed a MoU with United India Insurance to distribute the latter’s general insurance products. In March, the bank signed a similar agreement with Life Insurance Corporation of India (LIC).
According to HS Upendra Kamath, chairman and managing director of Vijaya Bank, with more than 8 million customers spread across several segments, a [...]

The world’s largest bicycle maker Hero Cycles in talks with insurance firms to provide health cover to its rural customers as part of its initiative to uplift the poor.
The company, which has tied up with Allahabad-based Sonata Finance for financing bicycle by providing loans of Rs 100 per week in rural areas, is considering [...]

Vijaya Bank has signed a MoU with United India Insurance to distribute the latter’s general insurance products. In March, the bank signed a similar agreement with Life Insurance Corporation of India (LIC).
According to HS Upendra Kamath, chairman and managing director of Vijaya Bank, with more than 8 million customers spread across several segments, a [...]

Here is a brief how-to guide for buying insurance – before going to purchase any health insurance, you mast check following 10 steps.
1. Make your mind up on how many family members that you want to include in your mediclaim policy.
2. Make your mind up on how much insurance coverage you need
3. Make a [...]

We live in interesting times – interesting yet volatile! In such times, where there are no guarantees on life, Life Insurance is the only assurance that you have to guard you and your loved ones against the unknown and the unforeseen. Insurance is essentially a pact between the insured and the insurer. The insured [...]

Indian insurance companies offer great health insurance schemes and tax saving options, pertaining to the Union Budget bill, passed in 2008-09. Securing the future of you and your family is a necessity today. Guard yourself from spiraling medical expenses by purchasing a health insurance policy. Both nationalized and private banks offer you Mediclaim insurance [...]