Bharti AXA Life Insurance has launched a new bundled unit-linked insurance policy (ULIP) offering the benefits of insurance, savings and market-linked returns. ULIPs are similar to traditional insurance products. The difference is that the returns on the investment component of the product...
  • Life Insurance Corporation of India (LIC) has re-launched its Jeevan Akshay VII annuity product. Jeevan Akshay VII is a non-linked immediate annuity, where you pay a lump-sum and start earning income from as early as the following month.    The annuity can be purchased online or...
  • Given the current COVID-19 pandemic and the news reports of the huge current hospitalisation costs, it is becoming even more important to have cashless mediclaim or health insurance. Cashless mediclaims have emerged as one of the key developments in health insurance over the past couple of...
  • State-owned New India Assurance Co Ltd has paid Rs62.68 lakh as settlement for violating insider trading norms of market regulator Securities and Exchange Board of India (SEBI) and this amount was paid from the shareholders’ fund by the insurer, reveals a reply received under the Right to...
  • Citing the 4.5 lakh lives covered under the stardardised insurance policy like Corona Kavach within 20 days of its launch, simple and standardised health insurance products will grow the health insurance segment, said Subhash Chandra Khuntia, Chairman, Insurance Regulatory and Development...
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