Allahabad Bank, SBI Life Insurance join hand for bancassurance partnership


State-owned Allahabad Bank has tied up with SBI Life Insurance to sell the policies of the insurer from over 3,200 branches. Allahabad Bank and SBI Life Insurance came together and signed a bancassurance

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Indians prefer insurance for major life goals: Survey


Indians see life insurance as the most handy instrument for planning their major life goals while nearly a third do not have any idea about how much insurance they need, a survey has found.

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Things to check before buying a health insurance policy


To ensure your and your family’s well-being and financial stability, buying health insurance is indeed a great step. But before actually going up for one, it is always advised to find your way through the plan that best suits you.

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Over 4.6 lakh people benefited under PMJAY so far: Ayushman Bharat Mission CEO


Over 4.6 lakh people have availed the benefits of the Pradhan Mantri Jan Arogya Yojana (PMJAY) in the first 10 weeks of the implementation of the scheme, for which over Rs 600 crore has been authorized so far, Ayushman Bharat Mission CEO Indu Bhushan said recently.

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Toffee Insurance announces India's First Cyclist Insurance


Toffee Insurance, the all-digital InsurTech startup, had announced India’s first cycle insurance product. The Cyclist Insurance launched pan-India, is the leading domestic brand, such as Hero and Firefox to name a few.

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Auto Insurance: Owners of auto insurance get relief


IRDAI had recently relaxed an earlier directive making it mandatory for owners of cars and two-wheelers to buy personal accident cover for themselves as part of their vehicle’s insurance.

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Aegon Life Insurance plans to tie up e-commerce players, build brand equity


With a business strategy of acquiring policy-holders through digital mode sans intermediaries, Aegon Life Insurance Company plans to tie up with e-commerce players, expand product portfolio and build brand equity, said a top company official.

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IRDA to stop fixing 3rd party insurance premium from 2021


The Insurance Regulatory and Development Authority (IRDA) has indicated that it would disband the practice of annual fixing of the premium for third party (TP) insurance for motor vehicles from 2020-2021.

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Pradhan Mantri Fasal Bima Yojana a boon for general insurers


General insurers have minted money in the last two years out of the government’s flagship scheme — Pradhan Mantri Fasal Bima Yojana (PMFBY), which has proved be a boon for the insurers and a bane for the farmers having an additional burden of premium.

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How usage of apps are shaking up the GI industry


Insurance – it is one of the fundamental investments that we need to make. Whether it is for the car we drive, the phone we use or our life, insurance has been one common protection plan we have.

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Health cover may become more expensive, life insurance cheaper


Buying life insurance is likely to get more affordable, while health insurance could get dearer. Improved life expectancy among the insured population will keep the cost of life cover down, but the cost of health covers is expected to move the other way because of various court directives asking insurers to cut out exclusions.

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