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BIMA ACCOUNT
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...02 Jun, 2026, 06.05 AM IST- Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...11 May, 2026, 01.56 PM IST
- PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...09 May, 2026, 01.03 PM IST
- PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LICThe Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers lif...08 May, 2026, 10.38 PM IST
- Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...08 May, 2026, 01.28 PM IST
- Financial inclusion 2.0 road map set for review this weekThis week, the Finance Ministry is set to evaluate the advancements in financial inclusion, laying the groundwork for Financial Inclusion 2...29 Apr, 2026, 12.23 AM IST
- 58% surges in Insurance Ombudsman cases: 4 reforms to fix the backlog before it breaksThe Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a grow...06 Apr, 2026, 11.50 AM IST
- Bima-ASBA facility will eliminate unauthorised deductions, say insurance sector playersIrdai's implementation of Bima-ASBA for insurance premium payments will enhance transparency and security by blocking the premium amount un...21 Feb, 2025, 07.08 PM IST
- Irdai asks insurers to provide ASBA facility for premium paymentsInsurance regulator Irdai mandates life and health insurers to implement the Bima-ASBA facility, enabling policyholders to block premium am...19 Feb, 2025, 07.27 PM IST
- IRDAI launches Bima-ASBA via UPI to make insurance premium payment easier when you buy a policyThe new payment mechanism, aims to streamline the payment process for life and health insurance policies, will be effective from March 1, 2...19 Feb, 2025, 03.24 PM IST
- CAMS Repository Services launches insurance portfolio management platformCAMS Insurance Repository Services (CAMSRep) introduced 'Bima Central,' an insurance portfolio management platform aimed at simplifying pol...13 Jun, 2024, 02.39 PM IST
- SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood XBanks including State Bank of India (SBI) and Canara Bank are debiting insurance premiums for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJ...05 Dec, 2023, 01.14 PM IST
- BimaPe raises $545,000 in funding led by Lightspeed India Partners, Titan Capital, othersIn seven months since launching its beta product, BimaPe has boarded over 12,000 users without any paid marketing.23 Jun, 2021, 02.08 PM IST
- Number of financial inclusion accounts touch 19.52 crore: RBIState-run banks, which command over 72.3 per cent of market share, maintained a lead over private sector and foreign banks in issuing debit...23 Dec, 2015, 08.55 PM IST
- Shivraj Singh Chouhan to launch three Central welfare schemes in Madhya PradeshChouhan will be launching the 'Pradhan Mantri Suraksha Bima Yojna', 'Pradhan Mantri Jeevan Jyoti Bima Yojna' and the 'Atal Pension Yojna'.07 May, 2015, 03.13 PM IST
- Life Insurance Corp's Bima Account I & IILIC has recently launched two products under the new variable insurance regime. Often, insurance companies position these products as hybri...16 Feb, 2011, 01.29 AM IST
- LIC launches two non linked plansLife Insurance Corporation today said it has launched two new non linked plans -- Bima Account I and Bima Account II.02 Feb, 2011, 05.56 PM IST
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