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  ICICI Bank gets exemption from paring stake in insurance subsidiaries for 3 years

  Business | September 15, 2020 8:45 IST

  ICICI Bank on Monday said it has got an exemption from paring stake in its life and non-life subsidiaries to 30 per cent for a period of three years. 

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  Insurance Regulatory Authority issues new guidelines for insurers: All you need to know

  Business | September 12, 2020 17:58 IST

  In some relief, Insurance Regulatory & Development Authority of India (IRDAI) has granted exemption to insurers from requirement of issuing policy document and copy of the proposal in physical form in respect to certain policies including all motor, and fire insurance policies, till March 31, 2021.

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  Pollution control certificate compulsory for renewing motor insurance

  Auto | August 21, 2020 13:53 IST

  The Insurance Regulatory and Development Authority (IRDAI) on Friday and issued a new circular asking insurance provider to obtain a valid pollution control (PUC) certificate for the vehicle while renewing the vehicle's insurance.

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  Now gift an accident insurance policy, courtesy SBI General Insurance

  August 19, 2020 8:31 IST

  In a unique initiative, SBI General Insurance launched the first-of-its-kind 'Shagun' policy, which enables gifting of personal accident cover.

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  Air India Express to get $50 mn insurance claim

  Business | August 11, 2020 16:09 IST

  The Air India Express plane that crashed at Kozhikode airport on Friday evening was owned by the airline and was not a leased one, said an airline official.

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  Frequent earthquakes prompting people to look for home insurance: Survey

  Business | August 10, 2020 11:55 IST

  According to the online survey, five out of ten respondents in Delhi said that earthquakes have made them anxious to think about buying home insurance.

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  Amazon joins hands with Acko to offer auto insurance in India

  Business | July 23, 2020 15:27 IST

  Amazon Pay on Thursday said it has tied up with Acko General Insurance Ltd to offer two- and four-wheeler insurance policies in India.

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  Haryana govt announces ₹10 lakh insurance for journalists on COVID-19 duty

  India | April 23, 2020 16:19 IST

  Haryana Chief Minister Manohar Lal Khattar on Thursday announced that his government will provide insurance of Rs.10 lakh to all the journalists who are reporting during coronavirus pandemic. Khattar’s announcement comes at a time when scores of media professionals have tested positive for coronavirus while performing their duties during the COVID-19 lockdown.

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  IRDAI asks health insurers to settle claims within 2 hrs as COVID-19 scare spreads

  Business | April 19, 2020 20:52 IST

  Insurance regulator IRDAI has directed insurers to take decision on health insurance claims within two hours, a move aimed at alleviating pressure on the country's healthcare infrastructure currently facing the heat of the coronavirus outbreak.

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  Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman

  Business | March 26, 2020 14:56 IST

  Finance Minister Nirmala Sitharaman on Thursday announced medical insurance cover of Rs 50 lakh per person for coronavirus warriors, who are treating COVID-19 patients and helping the country to fight against the deadly novel coronavirus.

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  5 ways to save taxes without insurance purchase or fresh investments

  Brand Content | March 23, 2020 22:13 IST

  Here are 5 ways you can save on your tax without having to purchase insurance plans or invest in new tax-saving instruments.

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  Former LIC officer, agents sent to jail for duping company with fraudulent death claims

  Crime | February 18, 2020 23:42 IST

  A former Life Insurance Company (LIC) officer and two agents have been sent to jail following a complaint by Central Bureau of Investigation (CBI)

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  Budget 2020: BIG relief for bank depositors! Insurance cover hiked from ₹ 1 lakh to ₹ 5 lakh

  Business | February 01, 2020 13:14 IST

  Bank deposit insurance cover hiked: Finance Minister Nirmala Sitharaman on February 1, 2020, announced a hike in insurance cover for bank depositors and said depositors' money is absolutely safe. Deposit Insurance and Credit Guarantee Corporation has been permitted to increase deposit insurance coverage to Rs 5 lakh per depositor from Rs 1 lakh.

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  HDFC ERGO Health to merge with HDFC ERGO through share swap

  Business | January 16, 2020 17:22 IST

  HDFC ERGO Health erstwhile Apollo Munich Health Insurance will merge with HDFC ERGO through a share swap deal. The board of director of HDFC ERGO and HDFC ERGO Health at its meeting on January 15, approved a scheme of arrangement and amalgamation between the two entities, HDFC Ltd said in a regulatory filing.

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  Non-life insurers register 13 pc rise in Nov premium to Rs 14,591cr

  India | December 18, 2019 21:00 IST

  Non-life insurance companies registered a rise of 13.1 per cent in their collective premium in November to Rs 14,590.50 crore, data from Irdai showed

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  Man fakes his murder for loan waiver, insurance money in Amritsar

  Crime | December 07, 2019 20:14 IST

  A man whose family operated a wholesale business of soft drinks in Amritsar allegedly faked his own murder after eliminating someone else for loan waiver and insurance money, police said on Saturday. The Tarn Taran police said Anoop Singh did this to have financial gains over Rs 1 crore.

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  LIC policy holder? Life Insurance Corporation has good news for you!

  Business | December 05, 2019 7:44 IST

  Are you LIC policy holder and have to pay extra charges during the payment of policy premium? Then from now, you don't have to pay any additional charges on LIC policy premiums. The Life Insurance Corporation or LIC has waived off the convenience fee on all payments, including payment through credit cards.

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  Good News! These govt employees to get ‎₹10 lakh accident insurance cover. Check details

  Business | December 04, 2019 12:23 IST

  Prime Minister Modi-led government has a New Year gift for Jammu and Kashmir government employees. As per reports, more than 3.5 lakh employees of Jammu and Kashmir government will get a Rs 10 lakh personal accidental insurance cover with the administration approving a policy proposal on Tuesday.

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  Should you invest in Sukanya Samriddhi Yojana or fixed deposits?

  Brand Content | November 01, 2019 13:58 IST

  Sukanya Samriddhi Yojana is a savings scheme, backed by the Government of India, which enables parents of girl children to build a fund for their future education and wedding expenses.

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  SBI posts six-fold rise in Q2 profit at Rs 3,375 crore

  Business | October 25, 2019 16:24 IST

  ​The country's largest lender SBI on Friday reported a nearly six-fold jump in its September quarter consolidated net profit at Rs 3,375.40 crore, prominently aided by a partial stake sale in its life insurance venture.