Ten years on, private life insurers need lifejackets
India’s private sector life insurance players remain in the red, even 10 years after breaking ground in the domestic insurance business, with sustained profitability eluding most companies.
New tax law promotes insurance as long-term savings instrument
Every cloud has a silver lining’ is a common phrase that is used very often. The Union budget 2012 defines this phrase more precisely. As everyone would agree, the budget…
How to revive a lapse life Insurance Policy?
The Insurance Regulatory and Development Authority has asked the actuaries of domestic insurance companies to develop a new definition on lapsation of insurance policies. This is because different insurance companies…
Insurance as a social security tool
Individual’s income is dependent upon the investment of his time. Over a period of time, he saves sufficiently to provide for the time, when he is too old to earn.…
The Necessity for Insurance
From cave age till date, the story of evolution of mankind is in fact a saga of continuous search for security. His problems have remained the same through the centuries…
Guidelines for Individual Agents for Persistency of Life Insurance Policies
Low Persistency of life insurance policies is a cause of concern for the Insurance Regulators worldwide , the Industry, Intermediaries and the Policyholders. Early lapses and surrenders are not desirable…
Necessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
Licentiate Exam Mock Test
Insurance Training Centre, wing of The Insurance Times is pleased to announce the launch of online Mock Tests for Licentiate exams. After the excellent response of our guide books for…
Limitation period is key to insurance claims Subject: Misinterpretation of judgment causes havoc in insurance cases.
Backdrop: The limitation period means the time within which a person must file his case before a judicial authority for exercising his rights. This period is to be calculated from the…
Guarantee Advantage Plan (UIN No: 133N027V01) from Future Generali Life Insurance Co. Ltd.
Life inspires us to look ahead, for a better future, for better investments. Change is the rule of life. Times change and with each passing phase, needs keep getting bigger,…