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LIC Customer Can Now Auto Pay Their Insurance Premiums

LIC customers can now breathe a sigh of relief as now they can auto pay their future renewal premiums for their various LIC policies by adding the insurance in the list of billers. So, no longer you will have to worry ...

First Year Premium of LIC's Life Insurers Shoots Up

The Life Insurance Corporation of India (LIC) has recorded decent growth in the collections of first-year premium for fiscal 2019. The LIC announced that it has registered a rise in 5.68 per cent of the growth in premium for FY 2019 ...

8 Ways To Reduce Your Health Insurance Premium

Given the unpredictable scenario due to lifestyle and other concerns, health insurance is now a must-have in one's financial planning portfolio. As without it you may be left in a lurch in case of an uncalled for healthcare emergency situation due ...

Motor Insurance To Get Expensive As Third-Party Death Compensation Increased

The amendment to the Motor Vehicles Act has increased the compensation for accidental insurance to ten-fold i.e. to Rs. 5 lakh. With this change that is effective from May 22 the impact will befall on the general insurance industry. The industry ...

Third- Party Insurance Coverage Premiums To Become Cheaper For Motor Vehicles

The Insurance Regulatory and Development Authority of India (IRDAI), the insurance regulator has proposed a reduction in premium on insuring small private cars and certain types of two-wheelers in the country. But it plans to raise the same for several categories ...

What is Term Insurance? Benefits of Term Insurance

Insurance is a common household name in today's era. People of all age groups from children to old age adults can be covered under the various schemes offered by the insurance providers. It comes in handy to an individual during critical ...

Dixon Tech Listed At Huge 54% Above Issue Price At Rs. 2725

Noida-based Dixon Technologies, a contract manufacturer and solutions company engaged in manufacturing products in the areas of consumer durables, mobile and lighting, listed on the bourses today and started the day in trade today at a staggering 54% higher price in ...

Premium For PMSBY To Increase From Rs. 12 To Rs. 18-25

In view of the massive losses as say for every Rs. 100 collected as premium under the Pradhan Mantri Suraksha Bima Yojana, the government has to give claim of Rs. 120 and in light of it the government is in consultation ...

How To Lower Motor Insurance Premium?

Now the use of telematics in respect of motor insurance in India is in the offing and until now the premium for motor vehicles which was based on the make and model of the vehicle, geographical utility as well as capacity ...

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 ...

Insurers May Hike Non-Life Premium

In view of consistent losses arising from large claim settlements and other negatives like falling interest rates that will crimp their investment income, non-life insurers are planning to increase the premium rates by 10-15 per cent in certain segments to protect ...

Pay Your LIC Premiums Online And Avail These Benefits

There was a time people were not ready to pay bills online. Now, in this demonetization time, every one is shifting to card payments, e-wallets, and online banking. In LIC also the payment gateway is available within few clicks. Now the ...

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