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DRINK WATER ON EMPTY STOMACH

Share It is popular in Japan today to drink water immediately after waking up every morning. Furthermore, scientific tests have proven its value. We publish below a description of use of water for our readers. For old and serious diseases

Bajaj Allianz launches retirement solution ‘CashRich’

Share MUMBAI: Private insurer Bajaj Allianz today launched a unique retirement solution, CashRich, an endowment as well as a money-back plan policy. CashRich also offers an accumulated compound reversionary bonus payable at the end of the premium payment term, which

Third Party motor insurance claim ratio at 145 pc for FY’12

Share NEW DELHI: Insurance regulator IRDA said motor insurance companies have paid out 45 per cent more than the premium on account of claims under the third party motor pool during the current fiscal. “… the ultimate loss ratio for

LIC goes mobile; get policy, premium info over cell phone

Share NEW DELHI: Country’s largest life insurer LIC has launched a mobile application giving information about products and premium of various policies. ‘LICMobile’, a mobile-based application, comes with host of features to provide relevant and timely information to its customers

Nippon Life signs final agreements to acquire 26% in RCAM

Share NEW DELHI: Japan’s Nippon Life Insurance Co today signed the final agreement to acquire a 26 per cent stake in the Anil Ambani Group firm’s fund management unit, Reliance Capital Asset Management Company for Rs 1,450 crore. The deal,

Nippon’s pact for 26 percent stake in Reliance asset firm

Share MUMBAI: Nippon Life Insurance Company Thursday signed final agreements with Anil Ambani-led Reliance Capital to acquire a 26-percent stake in its asset management company for $290 million. “The transaction pegs the total valuation of Reliance Capital Asset Management Company

Curtains on single-premium insurance plans like LIC’s Jeevan Vriddhi?

Share MUMBAI: Insurance agents are hard selling Life Insurance Corporation of India’s Jeevan Vriddhi-a new single-premium product-which is set to lose its sheen after March 31. Jeevan Vriddhi is the immediate victim of the Budget proposal that requires a policy

IDBI Federal Life launches new plan

Share MUMBAI: Private insurer IDBI Federal Life launched a plan that offers “attractive guaranteed” return along with tax benefits for those willing to invest for a short to medium term. “IDBI Federal Bondsurance Plan is specially crafted for those seeking

LIC sees degrowth on ULIP this fiscal, says government

Share NEW DELHI: The government today said Life Insurance Corporation of India (LIC) has seen a degrowth in sales of unit linked insurance plans ( ULIP) in the current financial year. “There is a degrowth on Unit Linked Insurance Plan

Sahara Care to pay Rs 2.5L to legal heirs of policy holder

Share NEW DELHI: Sahara Care, an insurance firm of Sahara group, has been directed by a consumer forum to pay Rs 2.5 lakh reimbursement and compnesation to the legal heirs of one of its mediclaim policy holders, who died during

Union Budget 2012-13: Life insurance no longer a savings grace

Share For those whose primary objective is to build a retirement fund, life insurance as a savings instrument will lose its sheen. However, purchasing health insurance will become cheaper as payments for pre-acceptance medical tests will now be eligible for

Budget 2012: Insurance will be costlier

Share Increasing the sum assured to premium ratio to 10 times will promote long term contracts. It will also encourage customers to go in for higher protection. On the flip side, this will make life Insurance costly for older age

Budget 2012: It is status quo for us, says insurance sector

Share CHENNAI: The Indian insurance industry is unanimous that the 2012-13 budget presented by Finance Minister Pranab Mukherjee is status quoist and the hike in service tax to 12 percent would not impact the sector. Insurance officials are also of

Insurance, pension amendment bills to be introduced

Share NEW DELHI: The government will move The Insurance Laws (Amendment) Bill, 2008 and The Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2011 during the budget session, Finance Minister Pranab Mukherjee said Friday. Presenting the budget for 2012-13, Mukherjee

Sahara India Life launches Sahara Vatsalya Jeevan Bima

Share MUMBAI: Private insurer Sahara India Life Insurance launched Sahara Vatsalya Jeevan Bima, a traditional plan aimed to meet the education requirements of the children of the policyholder. The new plan is a regular premium plan for parents aged between

Government to introduce health insurance for central staff, pensioners

Share NEW DELHI: Government said it was contemplating introduction of a health insurance scheme for central government employees and pensioners with special focus on non-CGHS areas. Stating this in a written reply to a question in the Rajya Sabha, Health