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INSURANCE POLICIES NEWS

Fake insurance policy racket busted in UP's Sambhal, 6 held

February 16, 2025 5:59 am

Police said the accused fraudulently exploited the Pradhan Mantri Jeevan Jyoti Yojana (PMJJY), a government life insurance scheme that provides coverage of Rs two lakh at a low premium

7 Effective Steps to Declutter Your Finances In 2025

January 08, 2025 7:26 pm

Ensure that you review your life, health, and vehicle insurance coverage at the start of the year and adjust the coverage based on your evolving needs.

Delhi gang cheats over 3k insurance policyholders, four arrested

December 13, 2022 5:49 pm

The police said Mehtab Alam, the kingpin of the scam, worked as an agent at insurance companies and convinced his associates to steal data from the firms and target insurance policyholders.

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Banks violate Irdai norms, sell insurance policies above Rs 5 crore, claim brokers

April 04, 2022 6:24 am

Banks, which work as corporate agents of insurance companies, are allowed to solicit insurance cover only for policies where sum assured is not more than Rs 5 crore per policy as per the Insurance Regulatory and Development Authority of India’s (Irdai’s) corporate agent regulations

SBI Life inks pact with Yes Bank to sell insurance policies

September 21, 2020 5:56 pm

As part of the partnership, SBI Life's diverse range of individual and group insurance solutions will be offered to the customers of Yes Bank through the bank's branches spread across 28 states and 8 Union Territories in India.

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Pune: Senior citizen loses Rs 14 lakh to fraudsters

March 14, 2016 12:42 am

A 68-year-old man lost Rs 14.2 lakh to fraudsters who promised to give back the money that he had invested in insurance policies while he was working for a private company.

LIC to stop selling 34 life insurance policies in December

December 01, 2013 11:56 am

LIC has decided to stop selling as many as 34 policies,including Jeevan Anand,Jeevan Madhur and Jeevan Saral,to comply with new regulatory guidelines.

Irda wants insurers to stop giving high incentives to auto dealers

October 28, 2013 1:48 am

The auto industry had witnessed a surge in sales in the last two years.

NRIs welcome

June 18, 2013 1:31 am

Non-resident Indians can now buy insurance policies of Indian companies abroad as the regulator has allowed Indian life,non-life and even reinsurance firms to open branches overseas.

Gold coin,overseas trip promised to sell insurance policies

June 07, 2013 7:07 pm

Buyers of insurance policies are promised gold coin,cash back,and in some cases a foreign trip.

Rajesh and Ramvir jumped from the fourth-floor window of their hotel room to escape the flames. While Ramvir survived the fall, Rajesh died during treatment.

Ghaziabad woman killed after protesters set fire to Hyatt in Kathmandu

Cities2 hr ago

Indian couple Rajesh and Ramvir Gola were staying at the Hyatt Regency in Kathmandu when anti-government protests turned violent. They jumped from their fourth-floor window to escape the flames, but Rajesh died during treatment. Ramvir returned home with her body, claiming that no one, including the Embassy, helped them.

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