30th March 2011
With the Insurance Regulatory and Development Authority (Irda) bringing in reforms and the government laying emphasis on protection in its direct taxes code proposal, how do you summarize the action that the life insurance industry has witnessed in recent...
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16th March 2011
By Sandeep Bakhshi – The author is managing director & CEO of ICICI Prudential Life Insurance Co.
Since its privatisation, the life insurance industry in the country has made rapid strides as a key contributor for economic development of the nation. In...
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18th November 2010
Life insurance is an arrangement between the insurance company and the policy owner which agrees to pay the beneficiary a set amount of money upon the death of the insured person or on the maturity of the policy. Life insurance policy is a legal contract ...
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06th October 2010
Term insurance is an insurance coverage which involves a fixed rate of payments over a limited period of time. Once this time period expires, the rate of premiums applied till the date of expiry do not exist and also there is no guarantee over the coverag...
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23rd September 2010
A question asked often by many people is “What is term insurance?" Consumers often find themselves at crossroads when buying insurance.
It is a life insurance policy that provides coverage for a certain period of time. Life term insurance provides guaran...
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