Tagged: LIC

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Insurance Claim Can’t Be Denied On Ground Of Common Lifetstyle Diseases But Insurer Should Not Hide Info, Says NCDRC

The deceased died on account of ‘cardio respiratory arrest’ which was existing for only five months prior to the date of death. Thus, clearly, this disease was not prevailing when the proposal form was filled. The disease of diabetes, though was existing for some time but was under control at the time of filling up of the proposal form.

LIC ties up with Axis Bank to sell life covers 0

LIC ties up with Axis Bank to sell life covers

In one of the largest bancassurance partnerships since life insurance policy sale by banks was liberalised, industry behemoth LIC and third largest private sector lender Axis Bank on Thursday entered into a tie-up to...

Insurance in India: Updates

August 14, 2015 HDFC to reduce stake in insurance venture with Standard Life Standard Life will increase its stake in the insurance joint venture to 35% from the current 26%. Read more at: http://www.livemint.com/Companies/9lWJLdrmr2YVos0aXVQKuO/HDFC-to-reduce-stake-in-insurance-venture-with-Standard-Life.html   August 19, 2015...