The Stronghold of Insurance Grievance Redressal Mechanism
Managing grievances or complaints is one of the top priorities among all private and public sector companies these days; in fact it is the ‘key’ to the growth of any…
SUSTAINABILITY & FEASIBILITY OF COMMON SERVICE CENTERS IN INDIA
Life and non-life insurers are now marketing some categories of their retail products through common service centres network of CSC e-Governance Services India Ltd. The Insurance Regulatory and Development Authority…
ON OVERVIEW OF UNIVERSAL LIFE INSURANCE POLICY
Introduction Life Insurance provides financial security to the insured’s dependents or loved ones, if something were to happen to insured unexpectedly. There are lots of plans available in life insurance,…
A Miracle Called Insurance
Recently, I went to give a lecture on Insurance at a local school in Muscat. The lecture was, in fact, intended to tell basics about insurance. All went well. Couple…
LIC Tops in MDRT’s Global Membership
“You cannot have Million Dollar Dreams with Penny Thoughts” exclaimed Mr. Brian D Heckert, the 2016 President of Million Dollar Round Table (MDRT), USA, while addressing the delegates at the…
Secure your Family when you’re not around with Term Plans
Have you considered the financial repercussions to your family in case of your sudden demise? Most people plan their finances for various goals like marriage, children education, and retirement. Unfortunately,…
ENHANCING PROFITABILITY IN INDIAN LIFE INSURANCE INDUSTRY- A PROPOSITION
1. Introduction At present many insurance companies are suffering loss which is a disturbing trend. It is because of the descending fortunes of the Indian life insurance industry which until…
UNDERWRITING OF LIFE INSURANCE POLICIES
1. Introduction: 1.1. The life insurance industry in India has been progressing at a rapid growth since opening up of private sector. The size of country, a diverse set of…
List of Investment Options under Section 80 Cand How You Can Use Them
Most people start thinking about tax savings during the last quarter of the financial year. Section 80C of the Income Tax Act offers several tax deductions and benefits. Individuals are…
NPS is an Investment Option for Low Income Earners
In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to help individuals maintain financial independence post retirement. One of the main objectives driving the NPS…