life insurance

IRDAI streamlines policyholder safety norms with a grasp round

by

The Insurance coverage Regulatory and Growth Authority of India (IRDAI) has streamlined norms on the safety of policyholders’ pursuits by repealing 30 completely different circulars and issuing a Grasp Round. The Grasp Round on Safety of Policyholders’ Pursuits underneath the IRDAI (safety of policyholders’ pursuits, operations, and allied issues of insurers) Laws, combines policyholder entitlements right into … Read more

Debunking Frequent Myths about Insurance coverage

by

Insurance coverage is integral to fostering monetary safety and guaranteeing safety from unexpected circumstances and dangers. But, individuals usually overlook the concept of shopping for insurance coverage as a consequence of a barrage of misinformation and myths which have endured for many years. Many people find yourself shopping for ULIPs or endowment plans, mistakenly believing … Read more

IRDAI asks insurers to open extra bricks-and-mortar branches

by

The Insurance coverage Regulatory and Growth Authority of India (IRDAI) has requested insurers to open extra bricks-and-mortar branches alongside stepping up digital choices.  “Bodily presence via brick-and-mortar places of work leads a good distance in gaining buyer confidence significantly in distant areas of the nation. Adoption of expertise infrastructure to succeed in out to prospects … Read more

HDFC Life publicizes the ‘No Jhanjhat Life Insurance coverage Fatafat’ marketing campaign

by

HDFC Life, a number one insurer in India, has unveiled its newest marketing campaign, ‘No Jhanjhat Life Insurance coverage Fatafat’. This marketing campaign guarantees a seamless and swift life insurance coverage buying expertise, tailor-made for at present’s fast-paced world. Because the marketing campaign’s protagonist navigates life’s challenges, every scene serves as an endearing analogy to … Read more

First-year premium of life insurers up 2 computer at ₹3,77,960 cr in FY24: IRDAI

by

The primary-year premium or new enterprise premium of life insurers elevated 2 per cent to ₹3,77,960 crore within the monetary yr ended March 31, 2024, in contrast with ₹3,70,543 crore within the earlier monetary yr. As per the information of Insurance coverage Regulatory and Improvement Authority of India (IRDAI), Life Insurance coverage Company’s (LIC) first yr … Read more