Insurance

Recently, in September 2018, Life Insurance Corporation of India (LIC) launched a new pension policy named ‘Jeevan Shanti’ and it has been gaining popularity ever since. Can it deliver on the promises that are mentioned on the illustrations that have been floating around? Or is it just...
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Following strong protest and criticism, Satya Pal Malik, governor of Jammu & Kashmir, has cancelled the state employees' group mediclaim health insurance scheme, a contract of which was awarded to Reliance General Health Insurance Company Ltd. The insurer however claimed that it had not...
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The Insurance Regulatory and Development Authority of India (IRDAI) has asked Life Insurance Corporation of India (LIC) to submit a comprehensive response on 'serious' allegations made by Moneylife Foundation in a memorandum on how the Jeevan Saral policy has rampantly mis-sold with the claim...
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Do you plan to join the 25 million Indians who travelled abroad in 2017, with the number expected to go up to 50 million by 2020, and will you be securing your risks and liabilities by taking all risks travel insurance – voluntarily, by choice or because the destination countries insist on...
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Max Life Insurance Co. Ltd, one of the leading life insurance companies in India, announced that the company has paid 10,152 individual death claims amounting to Rs353 crore, thus achieving claims paid ratio of 98.26% in FY 17-18. This is a further increase over FY 16-17, when the company...
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