For achieving astonishing results of more than four times Top of the Table production in 2019 with an emphasis on protection; for providing high quality advice with close to 100% persistency rate; and for being an inspiration to women.
India is looking at providing free life and accident insurance cover to Jan Dhan account holders, as part of a push to bring such individuals under a social security net, reported Bloomberg Quint.
The COVID-19 pandemic has slowed the growth of the Indian life insurance industry in recent months. Industry players hope that the long-term prospects will pick up as protection and guaranteed savings products find favour with customers in these uncertain times.
One in every five Indian consumers surveyed in Mumbai and Bangalore are feeling anxious about their financial situation, with a further 8% of respondents left feeling overwhelmed and unable to cope.
Health insurance companies will not be allowed to contest claims once the premiums on a policy has been paid for a continuous period of eight years, the IRDAI states in new guidelines on indemnity based health insurance.
Happy to reach a new milestone as the tenth episode of #MunchwithJenandBen aired with co-hosts Jensen Siaw, International Motivational Speaker, Benjamin Ang, Editor and Ken Kish, Owner of Munch Munch.
Bharti AXA Life Insurance has appointed Parag Raja as managing director and CEO. Prior to this appointment, Mr Raja was the chief distribution officer at Aditya Birla Sun Life Insurance (ABSLI).
Because of the new simplified income tax regime announced in the Union Budget, sales of life and health insurance policies which qualify for income tax breaks are expected to take a big hit, reported local media.
Mrs Ritu Nanda, one of India's legendary insurance agents, passed away on the 13th of January after a long battle with cancer.
Life insurance companies in India have posted a 35.1% year-on-year growth in new premium collections, to INR1.26tn ($17.7bn) in the April to September (1HFY2020) period.
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