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LIC IPO: What Does The Mega IPO Hold For LIC Policyholders?
On 13 February 2022, the government-owned insurer LIC has submitted its draught red herring prospectus (DRHP) for its much-awaited massive IPO with the market regulator SEBI. The LIC IPO, India's largest IPO, is expected to go public in the second week ...
What Does Bancassurance Mean In The Banking System?
The term Bancassurance is associated with the partnership or tie-up between a bank and the insurance company. In this tie-up, the insurance company sells their product through the bank to the bank's customer. Bank and the insurance company agree on a term, ...
Aadhaar Linking Deadline For Insurance Policies Extended
Insurance regulator IRDAI (Insurance Regulatory and Development Authority) has extended the deadline for linking 12-digit unique identity number Aadhaar with various insurance policies until the Supreme Court decides on the matter. The Supreme Court of India in Writ Petition (vide order ...
Who Must Have Life Insurance?
You don't know what will happen in the future as life is uncertain. Only death and taxes are certain in our lives. A life insurance policy will ensure financial support to your family in the event of your demise. Life insurance ...
Best Term Insurance Plans With Rs 1 Crore Coverage
Term insurance is a must have product in one's financial instrument basket, which provides for a financial cover that takes on financial responsibility of the life insured in the event of death. The bread-winner of the family can't ignore term insurance ...
Inform Policyholders 90 Days In Advance About Changes: IRDAI
Insurance regulator, IRDAI on Wednesday said any revision in the policy needs to be informed to policyholders 90 days in advance. "Any revision or modification including a revision in the price of a policy which is approved by the Authority shall ...
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