Finally, after long debate, the Insurance Regulatory and Development Authority has decided to soften its stance on bundled insurance products. Unlike earlier, now the ban would be imposed partially and…
United India Insurance Company Ltd (UIICL) has said it plans to deploy 50,000 agents across the country in the next couple of years to strengthen its marketing team.
Family members of a 28-year-old youth, mowed down by a rashly driven truck which also injured his father and brother in the road mishap, have been awarded a compensation of…
Bajaj Allianz General Insurance Co Ltd has been asked by a consumer forum here to reimburse the legal heirs of a woman, holding a medical insurance policy, Rs 13.24 lakh,…
The Finance Ministry has asked LIC to devise a strategy with a view to focus on young people so that the average age of policy holders can be brought down…
To ensure continuity of services, sectoral regulator IRDA today said life insurance companies will have to allot new agents to policyholders in case of removal of existing agents.
National Insurance Company Limited, Sector 17-D, Chandigarh, has been directed to pay Rs 1,24,951, following a consumer complaint over the amount accessed by the company as insurance claim in lieu…
An insurance claim investigator cannot declare unilaterally a driving licence to be fake without any corroborating report from the transport authority, a Delhi district consumer forum has said.
Reliance Life Insurance recently said it has launched an online plan -- Reliance Life Insurance eTerm -- with a maximum life cover of Rs 1 crore for policyholders in the…
The insurance industry has seen a lot of changes over the past few years in terms of products, processes and even the way the industry interfaces with customers. In an…