Articles, tagged with "life insurers", page 1
Will Your Municipal Bond or Your Life Insurance Company
Investor protection with municipal bonds is so spotty that there is potential for much mischief.
Disclosure, that bedrock of fair securities markets, is the heart of the problem facing municipal investors. Municipal issuers often don’t file the most b...
Reforms marked 2011 for insurance sector
After a long wait and prolonged consultation with stakeholders, the Insurance Regulatory and Development Authority (Irda) finally came out with guidelines on initial public offers (IPOs) during the year. This development will see private insurers hitting ...
Permanent Disablement Cover in New Zealand Life Insurance Policies
Typically, New Zealand life insurance plans do not vary a great deal between life insurers. There will be some differences – for example one New Zealand life insurance plan might have ancillary benefits that another does not (a financial planning grant fo...
Annuity now mandatory in pension products
Positive return guarantee but with conservative bias; rider to check insurer hopping by customers.
The bad news is that the guarantee of 4.5 per cent on unit-linked pension products has been done away with. The good news is that all pension products wi...
Irda wants annuity a must with all pension plans
The Insurance Regulatory and Development Authority (Irda) wants all pension products to do exactly what they are expected to do — provide pension to policyholders.
Speaking to Business Standard, Irda chairman J Hari Narayan explained, “There are many tra...
Special Events Increases in Life Insurance NZ Policies
Typically life insurance NZ policies are quite similar. This is in both the main function of the policies (which is to pay the life insurance NZ sum you have insured in the event of death or terminal illness) and also in the features that are included in ...
Choose your health cover with care
Check for renewal ceasing age, co-pay norm and sub-limits before opting.
A health insurance policy is a ‘must-have’ according to financial planners. Yet, picking up the right health insurance is not an easy task, given that there are 23 health insurance ...
To go for a rider or a cover
While riders come cheap, stand-alone policies provide comprehensive insurance
When Ashish Patkar wanted to buy an accidental death-benefit policy, he had the option to do so from a life insurer or a general one.
While the former offered it as a ride...
At this time, buy term insurance even at 85
For the first time in India, senior citizens up to 85 years will be able to buy term insurance without any medical checks. Companies are realizing that while it makes sense to catch them young, it is the seniors who have the investible funds.
IDBI Fed...
LIC has worries over demat policies
Life Insurance Corporation of India (LIC) is having reservations over dematerialization of policies as it fears this could lead to unhealthy market of trading if checks are not placed on policies assignment.
The Insurance Regulatory and Development Au...
A guide to car insurance saving
Just because car insurance is a mandatory requirement doesn't mean you should take out the first policy that crosses your path, as comparing the wide variety of policies offered by different insurers can reveal big discounts if you look in the right pla...
What insurers can discover from LIC
In a year when the largest life insurance player LIC gained market share at the cost of private players, most of whom were grappling with the new Irda regulations on Ulips, there have been a lot of valuable lessons learnt for the private life insurers.
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Pvt Life insurers drop market share in FY11
The private sector life insurance industry, comprising of 22 companies, after being hit by the regulations announced by Irda in September 2010, has only clocked 3% growth in new premium income 2010-11.
The LIC which has seen its composite premium income ...
LIC regains market share, private company slip
Private life insurers have seen their new business growth slow down to a mere 2% even as Life Insurance Corporation regained market share with a 23% jump in premium collections to Rs 86,444 crore for the financial year 2010-11. Life insurers have found it...
Life Council charts out 10-yr action plan
As the life insurance sector completes a decade post the opening up of the sector, it is going for a rethink. Life Insurance Council, the official representative body of life insurers, is busy preparing a road map for the next 10 years. Some of the broad ...