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Tag: Life Insurance

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LIC IPO Explained: Everything You Should Know Before The Big Launch In May First Week

The LIC's IPO is finally opening next week. In this episode, we explain the valuation, price band, timing of launch, the post IPO probable scenario and more on India’s "biggest" ever public offering.

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Life-Insurance
SC: Can't Suppress Material Facts While Availing Life Insurance

New Delhi: The Supreme Court has said that a contract of insurance is of utmost good faith and a proposer who is keen to obtain a policy of life insurance is duty-bound to disclose all material facts. A bench comprising Justices D. Y. Chandrachud, Indu Malhotra and Indira Banerjee said: “A contract of insurance is […]

IRDAI Directs Life Insurance Companies To Offer 'Saral Jeevan Bima', Know Details
IRDAI Directs Life Insurance Companies To Offer 'Saral Jeevan Bima', Know Details

New Delhi: The Insurance Regulatory and Development Authority of India (Irdai) has directed all life insurance companies to offer a standard term insurance plan – Saral Jeevan Bima – from January 1 next year. “Customers who cannot devote adequate time and energy to make informed choices find it difficult to select the right product. Also, […]

IRDAI
IRDAI Extends Grace Period For Life Insurance Policies Till May 31

New Delhi: Insurance regulator IRDAI has again extended the grace period for premium payment or renewal of life insurance policies, which were due in March, till May 31. “As the lockdown has been extended up to May 17, keeping in view the difficulty faced by some policyholders in renewing their policies in time, the IRDAI […]

ICICI-Airtel
ICICI Prudential, Airtel Bank Tie Up To Offer Insurance

Mumbai: ICICI Prudential Life Insurance has signed a corporate agency agreement with Airtel Payments Bank for easy access to life insurance and savings plans for its customers, enabling them to provide financial security to their families and build long-term savings. ICICI Prudential Life Insurance Managing Director and CEO N.S. Kannan said: “This partnership has paved […]

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Man gets himself murdered for insurance payout to family

Jaipur: A man in Rajasthan’s Bhilwara district got himself murdered so that his family members could claim Rs 50 lakh insurance he had bought and spend the rest of their life in comfort. Balbir Kharol (38), a money lender, took the bizarre decision not because he was debt-ridden, but because he failed to recover money […]

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LIC Recruitment 2019: Over 250 Vacancies, Over Rs 50000 Salary; Check Exam Dates

The LIC Housing Finance Limited (LIC HFL) recently released a recruitment notification for the positions of Assistant, Associate, Assistant Manager. Interested and eligible candidates must apply for the positions before today, August 26, 2019, as its the deadline to apply. LIC Recruitment 2019 Vacancy Detail… Go through the details of the vacancy given below. Post and […]

LIC Recruitment 2019
LIC Jobs 2019: Deadline Alert For Candidates; Apply Today For Multiple Vacancies

The LIC Housing Finance Limited (LIC HFL) recently released a recruitment notification for the positions of Assistant, Associate, Assistant Manager. Interested and eligible candidates must apply for the positions before the deadline which is going to end soon. The last date of application submission for the posts is August 26, 2019. Go through the details […]

UGC
LIC Recruitment 2019: Assistants, Associate, Assistant Manager Vacancy; Apply For 300 Posts

The LIC Housing Finance Limited (LIC HFL) is recruiting candidates for the positions of Assistant, Associate, Assistant Manager. Interested and eligible candidates can apply for the positions before the deadline. Application submission for the posts can be submitted till August 26, 2019. LIC Recruitment 2019 Vacancy Detail Assistant, Associate, Assistant Manager – 300 Posts Educational […]

Insurance claim can't be denied due to delay in filing it: SC

New Delhi: Insurance claims cannot be rejected if the reason for delay in filing it is satisfactorily explained, the Supreme Court has said while granting relief to a man who was denied the claim for his stolen vehicle. A bench of Justices R K Agrawal and S Abdul Nazeer said that rejection of the claims […]

SBI Life IPO: Anchor investors invest Rs 2,226 crore

Chennai: The Rs 8,400 crore Initial Public Offering by private insurer SBI Life Insurance Co Ltd that opened on Wednesday is attracting good investor interest, a company spokesperson said. In a statement, SBI Life Insurance said it has finalised the allocation of 3.18 crore equity shares at Rs 700 per share totalling Rs 2,226 crore to […]

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