Smoking and term insurance
If your insurer labels you as a smoker, it places you in the smoker risk category. This means your premium will be higher than it is for nonsmokers
IRDA NEWS: Draft guidelines for Issuance of Capital by General Insurance Companies
The Insurance Regulatory and Development Authority (IRDA) has released draft guidelines of Issuance of Capital by General Insurance Companies Regulations, 2012.
Blatant violation of Insurance rules by Corporate Insurance Agents
IRDA has specified detailed rules and regulations for offering of commission to Insurance Agents. As per Law no commission/rebate can be offered to any customer. However the Corporate Insurance Agents…
Insurance: Attention PSU Officers appearing in INTERVIEW for Promotion
Congratulations to those who have passed the PSU 1-5 exams successfully. We have received excellent feedback for the books prepared by us. A large number of candidates have passed the exam by…
Tata AIA Life launches Suraksha Kosh – A comprehensive Life and Health protection oriented Unit Linked Endowment Insurance Plan
Tata AIA Life Insurance Company Limited (Tata AIA Life) announced the launch of its new product - Tata AIA Life Insurance Suraksha Kosh (Suraksha Kosh), a non participating unit linked…
INSURANCE NEWS: LIMRA and LOMA to Host First Asia Distribution Conference
The first annual Asia Distribution Conference, hosted by LIMRA and LOMA, will be held on Nov. 15-16, 2012, in Kowloon, Hong Kong.
IRDA levies a penalty of Rs.6 lakh on SBI Life Insurance for violation of IRDA Rules and Insurance Act 1938
Based on Reply to Show Cause Notice Dt 19th December, 2011 and Submissions made in Personal Hearing on March 15, 2012 at 03.00 PM at the office of Insurance Regulatory &…
Life Insurance Article: “Find the Agent”
A few decades ago, there was an ad in the print media released by a Life Insurance Company.
Insurance News: Now, get social media accounts insured
You may soon insure your Facebook and Twitter accounts against the nuisance of hacking as a UK-based company has launched the country's first social media insurance. The information privacy company…
IRDA News: IPO gate opening for general insurers
Only a dozen companies will qualify to float an initial public offering (IPO) as per the draft guidelines put out by the Insurance Regulatory Development Authority (IRDA) recently.