It’s crucial to know what kind of life insurance policy you have before we go through the step-by-step procedure for surrendering a life insurance policy.
Not satisfied with your life insurance plan? Here is how to surrender. Read More »
The Department of Financial Services has received complaints alleging that banks use dishonest and unethical methods to sell insurance policies to bank customers.
The Finance Ministry instructs banks not to sell insurance products by unethical methods Read More »
Health Insurance for Senior Citizens in India, Niva Bupa’s Senior First could be the health insurance plan that’s right for your parents as senior citizens won’t have to worry about covering the costs of medical care.
Best Health Insurance for Senior Citizens in India Read More »
High operating and distribution costs and inflated hospital expenses have kept the cost of health insurance products elevated, making them unaffordable for a section of the society, Insurance Regulatory and Development Authority of India (Irdai) Chairman Debasish Panda said on Tuesday. “We have to look at ways of reducing expenses to make insurance affordable,” said
Use technology to make insurance affordable, says Irdai chairman Panda Read More »
The form 10F is signed physically by the Non resident taxpayers and furnished along with the tax residency certificate to the resident payers for the purpose of determining withholding tax implication
CBDT exempts NRI taxpayers from mandatory Form 10F e-filing for now Read More »
There is a provision in law that claims cannot be denied, unless there is patent fraud, after 3 years. This means that if the discrepancies in your health status are minor, then claims will be paid once 3 years are over. If the discrepancies are significant, the insurer could contest your claim
How do I get refund for policies that were mis-sold to me? Read More »
Earlier, Max Financial Services Limited (MFSL) held a 72.52% stake in Max Life and MSI had 25.48% stake
Understand the difference between term insurance and life insurance here in this article to know which type of insurance plan fulfils your requirements.
Difference Between Term Insurance and Life Insurance Read More »
The total amount of compensation released to states and Union Territories so far this financial year is Rs 1.16 lakh crore
Centre releases Rs 17,000 crore GST compensation to states for April-June Read More »
IRDAI considers the claims settlement ratio as a trustworthy metric in public disclosures. This ratio aids in deciding whether or not the life insurer and the insurance policy are the best options for you.
Here are the definition, calculations, and implications of a life insurance claims settlement ratio for your life insurance policy.
How Important is Claims Settlement Ratio in a Life Insurance Policy? Read More »
