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10 November 2010, 04:11:40

Steer Clear Of Online Cash Loan Cons

Online Cash Loan The world wide web provides a new one-of-a-kind reduction for you to creditors and also consumers likewise. Within any simply click, curious individuals could look at a huge selection of online cash loan prospective creditors in your neighborhood the same manner loan creditors...
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18 October 2010, 07:10:57

Life insurers ask Irda not to cap charges on ULPs

“We have to see what the level of cap is. It is not appropriate for the regulator to control price. There is a ceiling on the overall expenses and companies functions well within it,” said a senior executive at a life insurance company selling...
18 October 2010, 03:10:57

Take add-ons with group insurance plans

Ravi Shetty realised this the hard way. He needed to be hospitalised in the interim period of 15 days when he had quit one job for another. So, although he was adequately covered by both his old and new employers’ group insurance policies, he had...
17 October 2010, 11:10:57

Insurers can take over loans of only govt-guaranteed projects

This has been told by the Insurance Regulatory and Development Authority (Irda) to the government and the Planning Commission. “Insurance companies will be allowed to give long-term finance for infrastructure projects only if they are backed by...
17 October 2010, 07:10:57

L&T Insurance targets Rs 1000 cr premium in 5 yrs

Addressing media persons here, Joydeep Roy, chief executive of L&T General Insurance Company Ltd said, “This insurance company has been started with an investment of Rs 175 crore. We are eyeing a premium collection of Rs 1000 crore over the...
15 October 2010, 12:10:25

Despite Ulip spat, life insurers log 36% rise in new income

After the Securities & Exchange Board of India (Sebi) banned 14 life insurance companies from selling Ulips on April 9, the industry expected sales to fall substantially. A day later, Irda asked insurance companies to ignore the order and...
14 October 2010, 08:10:25

Accurate valuation is the key

When you take a householder’s policy and get your jewellery covered under it, the sum insured of the jewellery is based on its market value at the time of taking the policy. An accurate valuation report given by the government-approved valuers...
14 October 2010, 04:10:25

Crash fallout Aviation insurance rates harden

Air India, which this year preferred a consortium of private sector players led by Reliance General, had in fact started feeling the heat even before the crash took place on Saturday. Last week, the insurance companies, citing an earlier incident,...
14 October 2010, 01:10:25

Insurance – Choose riders on cover carefully

We may all soon be at the receiving end of such calls. According to senior insurance executives, pushing riders with term plans are going to be their next focus area. The reason: Term plans are preferred by many because it is the cheapest form of...
14 October 2010, 09:10:25

Insurance firms of private banks get FDI cover

Currently, there are five such lenders in India, including IndusInd Bank, ING Vysya and Yes Bank. These banks were classified as foreign banks when the norms were altered in February 2009. Since then, these lenders, which are private sector Indian...
14 October 2010, 05:10:25

Car insurance gets costlier on rising collisions

S Sreenivasan, chief financial officer, Bajaj Allianz General Insurance, says: “Since detariffing, motor insurance premiums had gone down by 30 to 35 per cent. But, underwriting losses have more than doubled in the past four-five years.” The...
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