06 May 2023
In a recent circular, the Insurance Regulatory Development Authority of India (IRDAI) has prohibited all life insurers from accepting loan repayments...
17 March 2023
Life Insurance Company launched a unique initiative to reopen insurance policies that had expired, enabling policyholders to resume their coverage....
23 December 2022
In a public notification, the Life Insurance Corporation of India stated that it does not impose any fines on customers who fail to update their Know...
21 January 2022
People who have recovered from Covid and wish to take a life insurance policy may have to wait for up to three months before they can avail it.
28 August 2021
Life Insurance Corporation of India (LIC) launched a special campaign for the revival of lapsed individual policies, writes The Economic Times.
03 July 2021
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has settled more than two lakh death claims of around Rs 4,700 crore in the previous financial...
11 June 2021
New premium income of life insurance companies declined by 5.6% to Rs 12,976.99 crore in May this year, according to the IRDAI data.
Wife not entitled to insurance money if not contributed by deceased husband, rules Madras High Court
04 June 2021
The wife will not be entitled to any legal share in the insured money, if her deceased husband did not contribute any premium, the Madras High Court...
12 May 2021