News | Life Insurance

ESI Contribution Reduced to 4% from 6.50%

MAS Team 14 June 2019

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The government has reduced the contribution under the Employees’ State Insurance (ESI) Act to 4% from 6.5%, a move expected to increase the...

Share status of Claims with Policyholders, IRDAI tells Insurers

MAS Team 13 April 2019

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In a new circular released by the Insurance regulator IRDAI, insurance companies will have to inform about claim settlement status to policyholders...

Your insurance premium is likely to cost less from April 1

MAS Team 28 February 2019

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Working-age Indians may have to pay less to buy life insurance in the next fiscal year, with the industry switching to the latest statistical tables...

IRDAI proposes changes to norms for life insurance policy revival

MAS Team 31 October 2018

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Insurance buyers are set to get substantial benefits, with the regulator proposing significant changes to revival of policies

‘Claim has to be honoured if death is unrelated to disease not disclosed’: NCDRC to LIC

MAS Team 12 October 2018

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The apex consumer commission has asked LIC India to pay Rs5 lakh to the kin of a deceased diabetes patient and made clear that insurance claims...

Rs15,167 cr unclaimed money lying with life insurance companies

IANS 31 July 2018

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‘Dream Builder Plan’ launched by IDBI Federal Life Insurance

MAS Team 14 June 2018

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Pradhan Mantri Jeevan Jyoti Bima Yojana will have an option for quarterly premium payment

MAS Team 25 May 2018

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Deadline for linking insurance policies to Aadhaar extended indefinitely

MAS Team 23 March 2018

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Postal life insurance policy holders are now required to provide Aadhaar details

MAS Team 22 February 2018

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