In my last column, we commenced a discussion on how the Unit Linked Insurance Plan (ULIP) was seen to be the preference of several investors in a recent Survey by a life insurance company.
The BJP leader alleged that the state government and the insurance companies were pointing fingers at each other over the issue.
He called that number encouraging and urged Congress to keep the trend going by extending the more generous financial assistance, currently available only through the end of next year.
“This court feels that the direction issued on August 4 this year in paragraph 13 may not be conducive and suitable for implementation in the current situation.
Tata AIA said that the association with Chopra, a multi-year brand partnership, also marks the very first brand partnership to be signed with the champion, post his historic Olympic win.
The officials say that the pre-placement to large investors is expected to be between Rs 15,000 crore and Rs 20,000 crore.
Of the Rs. 6,687 crore that HDFC Life will be paying to acquire Exide Life, Rs. 726 crore will be payable in cash.
The process for merger of Exide Life into HDFC Life will be initiated on completion of the acquisition, the insurer said.
Last month, the Madras High Court ruled that "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold, from September 1.
The Madras High Court on Wednesday kept in abeyance its order which mandated bumper-to-bumper insurance cover for new vehicles sold from September 1.
There have been numerous recent cases of lenders, especially cooperative banks, being unable to fulfil their obligations towards the depositors despite monitoring by the union government and RBI.
Such a policy will obviously be costly and it remains to be seen whether the state government will choose to enforce the order or appeal against it.
Up to 74 percent foreign investment is permitted under the automatic route in the insurance sector, according to the current FDI policy, which doesn't apply to the Life Insurance Corporation of India.
It is always a great idea to ensure that you and your family are financially protected no matter what the future holds.
Odisha govt has so far paid Rs 3,250.48 crore as premium