The reason why ULIPs are getting more popular

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.

published on : 20th September 2021

Maharashtra MLA Sanjay Kute begins sit-in protest over 'non-payment' of crop insurance to farmers

The BJP leader alleged that the state government and the insurance companies were pointing fingers at each other over the issue.

published on : 16th September 2021

Nearly 3 million people get health coverage during COVID-19 sign-up: US President Biden

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.

published on : 15th September 2021

Madras HC bumper-to-bumper insurance order axed

“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.

published on : 15th September 2021

Tata AIA Life Insurance​ names Neeraj Chopra as brand ambassador

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.

published on : 8th September 2021

LIC IPO: Modi government eyes Rs 20,000 crore from big investors

The officials say that the pre-placement to large investors is expected to be between Rs 15,000 crore and Rs 20,000 crore.

published on : 8th September 2021

HDFC Life to acquire peer Exide Life for Rs.6,687 cr in India’s largest insurance deal

Of the Rs. 6,687 crore that HDFC Life will be paying to acquire Exide Life, Rs. 726 crore will be payable in cash.

published on : 3rd September 2021

HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore

The process for merger of Exide Life into HDFC Life will be initiated on completion of the acquisition, the insurer said.

published on : 3rd September 2021

Madras HC keeps in abeyance its order mandating bumper-to-bumper insurance

Last month, the Madras High Court ruled that "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold, from September 1.

published on : 2nd September 2021

Madras HC order on bumper-to-bumper insurance cover held in abeyance

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.

published on : 2nd September 2021

Depositors of stressed banks to get up to Rs 5 lakh back from November 30

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.

published on : 30th August 2021

All new vehicles sold from September 1 must have bumper-to-bumper insurance cover, rules Madras HC

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.

published on : 26th August 2021

Union government mulls permitting foreign investment in LIC

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.

published on : 24th August 2021

Understanding how your ULIP premium is utilised

It is always a great idea to ensure that you and your family are financially protected no matter what the future holds.

published on : 24th August 2021

BJD takes on Centre over unsettled PMFBY claims

Odisha govt has so far paid Rs 3,250.48 crore as premium

published on : 24th August 2021
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