expected revival in Indian economy, people are ready to invest their held money and this can be seen in the growth rate of new premium income of insurance sector.ACCORDING TO the recent data regarding the insurance sector, the business premium for new life insurance policies has grown by 12.85 per cent. This growth is recorded despite the fact that a fall is also recorded in the sale of new policies...
|
MUMBAI: ING Vysya Life Insurance on Tuesday launched a unit-linked investment solution-ING Flexi Life Plus, which offers flexibility in premium payments. The product offers flexibility to change the premium amount, as per the revised guidelines of the regulator, IRDA, the company said in a statement here. "ING Flexi Life Plus allows our customers a lot of convenience and flexibility to suit their financial...
|
Better-off seniors face stiff Medicare Part B premium hikes next year and likely in 2011 too. But there are steps some of them can take to minimize current or future pain.The story is this: Since Social Security recipients are getting no cost of living increase for 2010, the law prevents basic Medicare Part B premiums for the already retired to rise as they otherwise would. But the same protection...
|
size="2"> YOGESH MEHENDALE
Mumbai
Oct. 28: The focus on single premium collection has helped the Life Insurance Corporation of India (LIC) to achieve a growth of 35 per cent in the first year premium collection during the month of September 2009.
The private life insurers on the other hand witnessed a de-growth of 15 per cent in first year premium...
|
you claim a bonus on the premium you pay on your motor insurance provided you fulfill certain conditions?Can you cancel your motor insurance midway and yet claim for refund? Can you pay your premium online or renew your motor insurance policy online?Here are the answers to frequently asked questions about the costs, premiums, bonus and discounts that you can avail on your motor vehicle insurance.Discounts...
|
Life, part of the ING Group, today announced the launch of a unit-linked investment solution, ING Flexi Life Plus, which offers flexibility in premium payments and also allows the policyholders to change premium amount during the policy term, as per the revised guidelines of the country's insurance regulator IRDA. ''I am delighted to announce the launch of ING Flexi Life Plus, a product that allows...
|
become the 10th person in Wales to find themselves a millionaire after a Premium Bond jackpot win.The winner lives in the are formerly known as Clwyd, which included the newer counties of Conwy, Flintshire, Denbighshire, and Wrexham.His bond was bought in August 1997, and is part of £20,000 worth he holds. His winning bond was numbered 38JZ040498.The winner becomes the UK's 238th National Savings &...
|
staff writer Julie Appleby reports on how the fine print of the Senate Finance Committee's health bill could impact some lower- and middle-class consumers. Proponents of the measure "say the legislation will limit the amount that lower- and middle-income people must pay for health insurance to a maximum of 12 percent of their incomes. But there's a catch: The fine print shows that, over time, the premium...
|
Acer, one of the largest PC brands, as a follow up to the worldwide launch of Windows 7 OS by Microsoft yesterday, has announced its free upgrade programme on purchases of its Vista Home Premium Models across its entire portfolio of brands spanning Acer, Gateway and eMachines.The program will give freedom to the consumer to make a choice at his convenience to upgrade existing models on Vista Home Premium...
|
The Indian life insurance industry is expected to grow by about 15 per cent in the current financial year to touch a total premium income of Rs 2,55,000 crore in 2009-10."Despite the slowdown in the economy, life insurance industry has continued to grow as policyholders are realising the value of insurance. We continue to be optimistic about the future of the insurance business in India and expect...
|
