Monday, July 14, 2025

Insurers settle one claim a day under PM's insurance schemes

Last Updated: Sunday, July 5, 2015, 12:52

Insurers have settled a claim a day on average since the launch of government's flagship social security insurance schemes, giving relief of Rs 61 lakh to the kin of policyholders.

Irda to charge tax on providing services to players

Last Updated: Wednesday, January 1, 2014, 20:33

Insurance regulator Irda will charge service tax from industry players on providing services such registration and renewal.

SBI Life told to distribute excess payments to policyholders

Last Updated: Sunday, October 7, 2012, 12:34

As per the guidelines, life insurers are not allowed to pay towards management expenses, documentation expenses, profit commission, bulk discount or any other payment to the agent, corporate agent, group organiser or group manager.