How to Avail the Best Health Insurance Plans in India

Many people wonder why to buy medical insurance, but the important fact is that in the present scenario a well-named insurance policy is beneficial for you and your family. Many insurance companies are coming up well with a variety of plans and policies that fit your needs effectively. There are several reasons behind choosing health-or-medical … Read more

Bank, Insurance Firm Unions Threaten Nationwide Stir Over Govt Policies

Unions representing banks and insurance companies have formed a co-ordination committee, which threatens to protest and strike if August does not meet its demands. AIBEA Secretary General CH Venkatachalam is the chairman of this committee. GIEAIA Secretary General K Govindan is the convenor. Venkatachalam said the increasing attacks in the banking and insurance sectors were … Read more

5 Things You Must Know About Endowment Insurance

Until recently, endowment insurance plans were the most popular form of life insurance. With private companies now offering insurance, unit linked plans (ULIPs) have gradually become popular with customers. ULIPs account for about 90% of new insurance policies sold by private insurers. However, the endowment policy is still a major part of the insurance policies … Read more

Jobs in Insurance Companies

Jobs in insurance companies are an attractive option for all finance professionals in India. With a 15-20 percent growth rate per year and entry of private companies, jobs in India have become more demanding. Many facilities in India are hosted by most insurance companies including attractive salary packages, beautiful incentives and steady career development. Anyone … Read more

Are You Buying The Right Health Insurance Plan? Read This

It has been rightly said that necessity is the mother of invention. This also applies to health insurance. The deteriorating lifestyle and rising cost of healthcare in India have paved the way for health insurance services. This need has further exacerbated the fact that unlike the West, the social security system is non-existent in India. … Read more

Insurance in India

The Oriental Life Insurance Company, India’s first insurance company, was started in 1818 by Europeans in Kolkata. The purpose of this company was to meet the needs of the European Community. There was discrimination in the lives of Europeans and Indians in the pre-independent era in India. Higher premiums were charged for the lives of … Read more

Key Highlights for Insurance Bill in India: Increased Consumer Safety & Scope of Investment

The insurance bill passed in both houses in March 2015 is expected to have a profound impact on the Indian insurance industry. Much awaited and awaited, this amendment gave a bunch of benefits to both the insurance company and the policy holder. An increase in power to regulatory bodies, greater protection to policy holders and … Read more