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Saturday, September 19, 2020

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SBI Life Insurance will allot its shares today

SBI Life Insurance wanted to raise Rs. 8400 crore via the Initial Public Offering and the same would be allocated today. On the 22nd of...

Why People Are Afraid To Buy Insurance In India?

Most foreign nations hold health insurance as mandatory for its citizens. Why? Because, they realize the importance of health care and proper medical treatment. But,...

HDFC Life and Max Life Calls Off the planned Merger

Max Life Insurance Co Ltd and HDFC Standard Life Insurance Co Ltd have not succeeded to get the regulatory approval for a merger and...

Gross Direct Premium of General Insurance Companies Grows by 35% in June

The Insurance Regulatory and Development Authority of India (IRDAI) has released data which shows that the gross direct premium of General Insurance companies in...

Government’s Crop Insurance Companies Helped Insurance Companies, Not Farmers

The Comptroller and Auditor General (CAG) has announced in its report that the insurance schemes pushed by the government have not achieved much, and...

Max and HDFC Life Merger: A New Plan Under Process

Since last year, Max India Life Insurance has been working hard on its planned merger with HDFC Life for its insurance business. HDFC Life...

SBI Life Looking at Raising $1million after filing for IPO

Like several other insurance companies, SBI Life too on Monday issued its red herring prospectus for its IPO. No primary capital is being raised...

No More Insurance Mis-Selling

It is a common practice in India that agents miss-sell a policy. It is also seen that insurance companies reject genuine claims. There are...

Incredibly High Claim Ratio of 170% for Government Backed Insurance Policies

The 2015 Budget Speech by Finance Minister Arun Jaitley mentioned about a couple of government backed life insurance schemes. Currently, about 20% of the...

Crop Insurance Can Be Provided by State Set Up Insurance Firms: Govt

Many concerns have been raised that private insurers are making huge profits from the Pradhan Mantri Fasal Bhima Yojan (PMFBY), the crop insurance scheme....
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Must Read

Health Insurance Cover For Heart Disease [Cardiac Patients Care]

As we all know that treatment for heart disease is very costly. So, having a health insurance plan for cardiac care can...
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How Endowment Plans Work?

An endowment life insurance is a combination of insurance and savings i.e. the life of the person taking the Policy is...

Why ULIPs are Better Option Than Mutual Funds?

You have some amount of money for investment and are exploring various long-term investment options. You plan to invest for a long-term...

Facts About Pension Plans in India

Pension plans are intended to help people plan for their retirement. It is best that you invest in a Pension plan as early...