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MICRO INSURANCE POLICIES
India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
Congress slams Narendra Modi govt as ' anti-worker', calls for review of new Labour codeThe Congress has slammed the Modi government, labeling it 'anti-worker' and demanding a review of new labor codes. Citing rising unemployme...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
'Itna asaan nahi hota': Noida techie who left a 9-to-5 job to open a tea stall shares hard truth for those planning to quit for small bizA Noida techie's experiment trading his stable job for a roadside stall selling tea and juice revealed the harsh realities of small busines...
Climate-resilient farming in the age of extremesAs extreme weather events become more frequent and less predictable, the future of Indian agriculture will depend on how effectively it com...
ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
LIC launches special campaign to revive lapsed policiesLife Insurance Corporation of India (LIC) has announced a special revival campaign for individual lapsed policies, starting August 18 and l...
Micro policies keep India's push for insurance coverage on trackThe global micro-insurance industry is projected to grow to $137 billion by 2029. India's insurance penetration remains low at 4%, compared...
Irdai allows PoS to distribute all micro-insurance productsA micro-insurance policy is a general or life insurance policy with a sum assured of Rs 50,000 or less.
Telenor claims it is largest single micro insurance policy provider in IndiaOver 17 million customers of the Norway-based telco’s unit have enrolled themselves under Telenor Suraksha scheme.
Multiple policies for basic cover affecting insurance spread: Irda chief"It would be more effective to have single policy, with options for customisation, which covers all basic insurance needs," Irda chief said.
- Offer maturity benefits on micro-policies: IRDA
A majority of the 14.8-million micro-policies sold in FY12 was term insurance, which offers no maturity benefit to the policy holders.
IRDA wants insurers to offer maturity benefit on micro insurance policiesIRDA is also planning to expand the distribution channels and allow banks' business correspondents or local kirana shops sell micro insuran...
- IRDA wants kirana shops, chemists to sell micro insurance
IRDA today proposed to rope in kirana shopowners, chemists shops and petrol pump operators to sell micro insurance products.
- Micro insurance is now macro business
MFIs (micro finance institutions) are the most popular distribution channel for micro covers. Aviva Life Insurance has tied up with BASIX, ...
- Allianz takes Indian made micro-cover to the world
India is the best spawning ground for global micro-insurance products, discovers German insurer Allianz.