Life insurance

Hela June 10, 2019

Private life insurer Edelweiss Tokio Life Insurance has launched a product called “health shield”, a heart and cancer insurance solution. The product also has a term-trigger benefit where the insurer will offer a term cover in case a major form of cancer is detected. This is the first insurance company in India to offer such […]

Hela May 27, 2019

Human life is subject to risks that come in the form of death and disability due to natural, accidental or other reasons. The right insurance plan provides you and your loved ones with the much-needed financial security. Yet, people are often ignorant towards insurance. According to a report published by IndiaSpends earlier this year, at […]

Hela May 17, 2019

New Delhi, Telecom major Bharti AirtelNSE -0.49 % on Monday said that it has partnered with HDFC Life Insurance to bundle an insurance cover with its Rs 249 prepaid plan. The insurance cover would be of Rs 4 lakh, Airtel said in a statement. “Airtel has launched a prepaid bundle that will come with an in-built life insurance cover […]

Hela May 3, 2019

Standard Life (Mauritius Holdings) will off-load 1.78% stake in HDFC Life Insurance Co for ₹1,404 crore beginning Friday. The sale will be undertaken in two slots — non-retail investors on Friday and for retail investors next week. The sale is being undertaken by the seller — Standard Life (Mauritius Holdings) — to achieve the minimum public shareholding in the […]

Hela April 29, 2019

Public sector lender Canara Bank and its life insurance partner Canara HSBC Oriental Bank of Commerce Life Insurance Saturday announced the launch of ‘Webassurance’. Four life insurance products of Canara HSBC OBC Life would be made available to customers of Canara Bank, covering the key needs of child future, savings and investments, retirement planning and […]

Hela April 7, 2019

David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new president of the World Bank on Friday. The World Bank’s 25-member executive board unanimously approved 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the development lender’s 13th President for a five-year term beginning April […]

Hela March 9, 2019

Term insurance is by far the best form of financial protection. Yet, very few people are aware of it and even fewer buy it, resulting in grossly low levels of protection in Indian cities, says a study by Max Life Insurance and Kantar IMRB. Here are some key takeaways of the survey conducted last month. […]

Hela March 8, 2019

Nomura India has a buy call on ICICI Prudential Life Insurance Company with a target price of Rs 430. The current market price of ICICI Prudential Life Insurance Company is Rs 333.50. Time period given by the brokerage is one year when ICICI Prudential Life Insurance Company price can reach the defined target. Investment rationale by […]