Life insurance

Life insurance News

BJP manifesto woos youth with free smartphones

The BJP made some last minute changes to dole out more promises but stopped short of outdoing the Opposition.

On the Loose: Lease of Life

It’s crucial to read between the lines of insurance policies


Woman declares herself 'dead' to claim insurance money; held

The woman's husband Syed Shakeel Alam, a real estate agent who allegedly submitted "fake" documents declaring that his policy-holder wife had died, is on the run.

Shares of General Insurance Corporation fall nearly 7% in debut trade

The company proposes to utilise the proceeds towards augmenting the capital base.

Sale of stake by banks in insurance arm credit positive:Report

"We expect that SBI will use some or all of the gain to strengthen its loan-loss reserves for non performing loans (NPLs) and thereby limit pressure on its profitability," the rating agency said.

Insurance firms to lose control over councils

With the passage of the Insurance Bill, these councils will be structured on the lines of self-regulatory organisations (SROs).


Insurance policies with low cover to attract TDS on surrender

This will be applicable to policies that are not covered under Section 10 (10D) of the Income Tax Act.

Life insurance sector awaits reforms with hopes of economic growth

FY14 saw some pick up in the first year premium collection in the life insurance space.

Life insurance sector awaits reforms with hopes of economic growth

The industry has been suffering from low penetration which currently stands below 5 per cent of the GDP.