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INSURANCE BENEFITS DISCONTINUED
ICICI Bank credit card rule changes in November and December 2026: Higher replacement fees; insurance benefits discontinued; what cardholders should knowICICI Bank is set to implement revisions to certain credit card fees and will eliminate some complimentary benefits for its cardholders. Be...- IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
- No health insurance but a personal medical fund: How good is this idea?As medical treatment costs soar, should you rely solely on health insurance or build your own personal medical fund? This article explores ...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- Missed declaring parents’ pre-existing conditions? Know if you should disclose them now or switch policiesNot disclosing your parents' medical conditions when buying health insurance can have serious repercussions, especially at the time of a cl...
- The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
- ICICI Bank credit card rule changes from February 1, 2026: BookMyShow complimentary movie benefit to be discontinued; other key changesICICI Bank is implementing significant credit card benefit changes effective February 1, 2025. Key updates include the discontinuation of B...
- These SBI Card holders to lose complimentary air accident insurance benefit from August 11, 2025-Are you affected?High-value covers of Rs 1 crore and Rs 50 lakh, which were earlier offered as additional benefits on these credit cards, are part of the wi...
- Major credit card rule changes in July 2025: Check latest updates from SBI, HDFC Bank, and Kotak Mahindra BankSeveral banks, including SBI, HDFC Bank, and Kotak Mahindra Bank, are updating their credit card rules starting in July 2025. SBI is discon...
- Major SBI credit card update: No complimentary air accident insurance for these cardholders from July 15, 2025SBI Card is set to implement significant changes for its credit cardholders starting July 15, 2025. These revisions include adjustments to ...
- EPFO discontinues GIS deductions, to refund past deductions: These government employees to get higher salaryEPFO: Specified employees stand to gain due to EPFO's decision of discontinuing GIS deductions and refunding all deductions made thus far. ...
- IRDAI retains existing surrender value norms after pushback from industryThe regulator has also allowed the sale of Index Linked Insurance Products tied to publicly available indexes. Initially proposed higher su...
- Motor insurers asked to stop ads displaying services not part of coverIRDAI said it is noticed that the service agreements in addition to claim services, extend certain assistance services not related to insur...
- Insurers plead inability to pay 4% on Ulips stopped during lock-in periodThe benefits paid on discontinued funds accounted for about Rs 35,000 crore for private sector insurers in FY19 and Rs 4,000 crore for LIC.
- Banks must inform customers on closure of insurance schemes: NCDRCA bank is bound to inform the insured that the benefit of insurance coverage of loan is proposed to be withdrawn so that alternate arrangem...
- Seniors left in lurch as companies curb health cover for employees’ parentsA prominent private life insurer discontinued parental cover after it received a poor response following the cover being made payable by em...
- Why you should stay with UlipsLife Insurance is a long-term product and Ulips are no different. It is important to keep the Ulip policy in force for the entire term by p...
- Now you have 2 years to revive a lapsed UlipSome Ulip holders would get more breathing space now as policyholders can revive their policies within two years from the premium due date.
- You'll get more time to revive Ulips and earn better returns for the discontinued periodNew rules allow insurers to review policies which would otherwise have been cancelled but require them to pay more to the insured.
- Elders needn’t pay high premium to renew old mediclaim policiesThere is good news for senior citizens. The Insurance Regulatory & Development Authority (IRDA) has decreed that senior citizens can now re...
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