SBI Life to begin re-valuation to sell additional 10 % stake
After agreeing to a deal to sell 3.9 per cent stake in SBI Life Insurance, its joint venture with BNP Cardiff, a French financial group, State Bank of India will…
LIC continues to pump money into divestment plan
Life Insurance Corporation of India (LIC) continues to be the lifeline for the central government's divestment plan. In the recent offer for sale (OFS) of NBCC, LIC is said to…
IRDAI extends deadline for premium payment
Denying the reports that individuals can deposit their insurance renewal premium in now defunct 500 and 1,000 currency notes, IRDAI has clarified that it has only granted extension of grace…
Former ship captain gets Rs 1 crore compensation
Motor Accident Claims Tribunal has directed an insurance firm and a tempo owner to jointly pay a compensation of Rs 1.03 crore to the family of a former ship captain…
Claims from ATM management companies increasing
Insurance companies are seeing a spike in claims from cash management companies that deploy and maintain ATMs. The nature of the claims is not just robbing of ATMs, but also…
Insurance companies keep policyholders in dark
A district consumer forum has said it has commonly seen that insurance companies at the time of issuance of policy "keep people in the dark" on terms and conditions but…
Benefits of Self Survey Applications for Buying Car Insurance
It’s that time of the year when your car insurance policy is due for renewal. You would get a reminder well in advance before the deadline from your vehicle insurance…
Home loans – Possible rejection reasons
Purchase of a property plays an important aspect in one’s life and if it is about purchasing a house then it is a dream becoming reality. To ensure this dream…
Documents list in case of under construction building
Purchasing a property is exciting but at the same time, action with caution is always required. In today’s atmosphere, it is a known fact the construction is taking place everywhere…
Different people and their personal loan eligibility
Sarthy was travelling for work when he came across a big business opportunity. But he had one limitation. He needed a few lakhs of rupees to take on this new…