The Insurance Regulatory and Development Authority of India (IRDAI) has made a groundbreaking decision to remove the age limit of 65 years for individuals purchasing health insurance policies, aiming to broaden coverage and enhance financial security against healthcare expenses.
LIC offers concessions in late fee for other than term assurance and high risk plans, depending on the total premiums paid.
Life Insurance Corporation on Saturday announced an extension of 30 days for payment of premium due in March and April 2020 to mitigate the hardships being faced by policyholders in the wake of COVID-19.
In a major relief for life insurance policyholders amid the coronavirus crisis, the Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for paying a premium of life insurance policies, by another 30 days, which were originally scheduled to be paid in March and April.
LIC IPO: Making a big announcement, finance minister Nirmala Sitharaman proposed partial listing of Life Insurance Corporation of India (LIC) through an initial public offering (IPO). Modi government has decided to disinvest a part of its stake in LIC.
Mumbai: Private insurer ICICI Prudential Life Insurance today said it has crossed the Rs 1-trillion mark in Assets Under Management (AUM).“We are delighted to have achieved this milestone. The Assets under Management for a life
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