New IRDAI Chairman Takes Charge
Dr. Subhash C. Khuntia has taken charge as Chairman of the Insurance Regulatory and Development Authority of India today. A Karnataka Cadre IAS officer of 1981 Batch, Dr. Khuntia has…
Kin of road accident victims to get Rs. 5 lakh compensation
Families of people dying in road accidents will now get a compensation of Rs. 5 lakh, according to a gazette notification. Accident victims will get a minimum of Rs. 25,000…
MACT Orders Rs. 23 Lakh Compensation for Accident Death
Motor Accident Claims Tribunal (MACT) has awarded a compensation of Rs 23 lakh to the family of a 73-year-old man, who died in a road accident involving a rashly-driven mini…
Cancer Insurance from Raheja QBE
Most types of cancer, if detected early, can be treated effectively. Today, there are thousands of people all over the world who have had cancer and have been cured. They…
Pradhan Mantri Vaya Vandana Yojana
Benefits : Pension Payment : On survival of the Pensioner during the policy term of 10 years, pension in arrears (at the end of each period as per mode chosen)…
Editorial Insurance Times June 2018
United India Insurance has posted a profit of Rs. 1003 crores for the year ended 31st March, 2018 which is a healthy trend. PSU insurers have been struggling with underwriting…