If you plan to buy a pension plan as a part of your tax-saving exercise, you need to wait. The reason is simple: there are just no pension plans available in the market.

Forget about pension plans, there's none available anyway

Business Standard

Govt prepares draft on Kaul panel report, may table Bill in next Parliament session.

Feedback sought on new motor insurance law 

Individuals should have a standalone policy, over and above any rider taken on life insurance.

Don't forget a personal accident cover

The Tamil Nadu government has awarded the state government-sponsored health insurance contract to public sector general insurer United India Insurance Company.

United India to manage TN`s health insurance

Regulator as well as insurers keen on such policies, but pricing may be a trouble.

Age barrier for health policies may go

Tax laws say the premium paid towards insurance in any form is eligible for deduction under Section 80C. So, all pension plans sold and administered under the insurance domain are eligible for tax deduction.

Life Insurance: V Philip

The Pension Fund Regulatory and Development Authority (PFRDA) on Monday revised the charges to be taken from private sector subscribers under the New Pension Scheme (NPS).

Pension regulator raises commission charges for NPS

Stringent licensing norms, new persistency guidelines make it the least preferred option.

Corporate agency channel runs out of favour with life insurers

Soon, you would be able to buy a health insurance plan from a neighbourhood pharmacy, or be advised on such a plan by your general physician. Cigna TTK Health, the most recent entrant in the Indian health insurance space, plans to set up an innovative distribution network through which simple health insurance products would be sold over the counter.

Health insurance plans at pharmacies soon

The recent controversy surrounding pension plans has taken another turn, with the Insurance Regulatory and Development Authority (Irda) rejecting all pension products filed under the new guidelines issued in November.

Insurance regulator rejects new pension product filings

Life Insurance Corporation of India (LIC) on Monday launched Jeevan Ankur, its first life insurance product in the current fiscal with children being designated as direct beneficiaries through the risk coverage of parent's life.

LIC launches Jeevan Ankur

The Union health ministry is in the process of finalising the standardisation of 100-odd procedures related to hospital treatment, according to Insurance Regulatory and Development Authority (Irda) chairman J Hari Narayan.

Standardisation of medical procedures soon

The pricing with regard to motor insurance products would go up according to the formula prescribed last year but the rise would be less than inflation, Hari Narayan said.

Hike in motor insurance premium to be lower

The Insurance Regulatory and Development Authority (Irda) plans to ban loans by life insurance companies against unit-linked life insurance policies (Ulips). The insurance regulator is not approving any unit-linked plans with a clause of loans against policy.

No more loans against Ulips

Insurance Regulatory and Development Authority (Irda) chairman J Hari Narayan has asked health insurance companies to devise products to cover daycare procedures.

Cover daycare procedures, says Irda chief

Plans to set up a third party administrator (TPA) for managing health insurance claims by the four public sector insurance players appear to have hit a road block with the companies unable to locate a strategic partner.

TPA plans by health insurers hit roadblock

Life policy issuances shrink 11% in April-December; premium collection by general insurers rises 24%.

Life insurance premium mop-up dips

IndiaFirst Life Insurance, a joint venture of Bank of Baroda, Andhra Bank and Legal &amp; General of UK, here on Friday launched &lsquo;Autolife&rsquo;, which provides life insurance cover for automobile customers.

IndiaFirst Life Insurance launches Autolife

Life Insurance Corporation of India has launched a new product called Jeevan Ankur in the child plan space that aims to meet educational and other needs of children. In case of death of the policyholder, the new policy pays the total sum assured (SA) to the nominee, which is 10per cent of the SA payable every year till the end of policy term.

LIC launches new child policy

After highest net asset value (NAV) guaranteed products, the single premium, two-year premium and three-year premium policies are the latest life insurance products to come under the Insurance Regulatory and Development Authority&rsquo;s (Irda) scanner.

Single-premium life insurance policies under regulator's lens

Future Generali India Life Insurance Company Ltd, a joint venture between Future Group and the Italy-based Generali Group, would roll out seven new products by March 2011. These products would be a mix of traditional insurance products and Unit-Linked Insurance Products (ULIPs).

Future Generali to roll out seven new products

Insurance News: Visit Business Standard to know about the latest Insurance Industry News, online insurance information, expert views and updates.

Insurance News: Latest Insurance News, Insurance Industry Policy Headlines and Updates | Business Standard

Visit Business Standard to know about the latest Insurance Industry News, online insurance information, expert views and updates.

Page 173 - Insurance News