8 major death cases which are not covered in term life insurance


Most people know that term life insurance will give a lump sum death benefit to the nominee on the demise of the insured (policyholder), within the policy term. However, not many know that there certain types of death that are not covered by life insurance policies.

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Property insurance rates may spike


Insurance firms are likely to bump up property cover rates as extreme weather becomes more common in the country. This year, floods have caused widespread devastation in Karnataka, Kerala, Maharashtra, and Gujarat.

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MobiKwik, Chola MS roll out general insurance product


Continuing its push towards sachet type products, fintech platform MobiKwik, in association with Chola MS rolled out a personal accident cover of Rs 1 lakh for a premium of Rs 20 per year.

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SBI Life Insurance's value of new business jumps 49 percent to Rs 370 crore in Q1


SBI Life Insurance has reported a 49 percent increase in its value of the new business (VoNB) to Rs 330 crore in the first quarter of FY19-20 as compared to the same period in the previous year.

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5 Factors to consider while buying a new car in India


Buying a car is one of the most crucial decisions that we make. From looking for the right design, model, and features to choosing the right accessories that make a car the perfect fit for you and your family- there are numerous factors that come into play.

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Govt plans to tweak PMFBY; to make crop insurance voluntary to all farmers


Making crop insurance voluntary to all farmers, removal of high premium crops, giving flexibility to states to provide customized add on products are some of the key changes the Centre is planning to make to the Pradhan Mantri Fasal Bima Yojana (PMFBY), a senior government official said recently.

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LIC new premium more than doubles in June


Led by LIC, life insurers' collective new premium income jumped 94 percent to Rs 32,241.33 crore in June this year, according to data from the Insurance Regulatory and Development Authority.

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Bharti AXA Life ties up with Airtel Payments Bank for pure term insurance


Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer Bharti AXA Life POS Saral Jeevan Bima Yojana --a pure life term plan--through its extensive network of banking points across the country.

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Budget 2019: Government raises FDI limit to insurance cos


The insurance industry may soon see an influx of foreign capital as the government has increased the foreign investment limit on insurance intermediaries to 100% from 49% earlier.

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Millennials have unconventional life goals; life insurance top investment choice, shows survey


Millennials in India prefer buying life insurance as the most preferred investment option to meet the majority of their life goals, even as unconventional life goals such as health, fitness, travel and life enrichment are gaining traction, a survey on life goals preparedness said recently.

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IRDA allows standalone annual own damage cover for vehicles from Sept 1


Want a fancy car registration number?

The regulator IRDAI has asked general insurance companies to make available standalone annual Own Damage (OD) covers for both new and old cars and two-wheelers from September 1.

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