LIC launches Jeevan Labh
Life insurance giant LIC launched a limited premium paying, non-linked endowment assurance plan, Jeevan Labh
MAS Team | 07 January 2016
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HDFC Life made to pay for poor documentation
The district consumer grievance redressal forum in Navi Mumbai, Maharashtra, ruled that HDFC Life should compensate Radha Bansal Rs20,000 and refund...
MAS Team | 08 December 2015
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Useless IRDAI order on life insurance returns in advertisements
Insurance sector regulator IRDAI (Insurance Regulatory and Development Authority of India) has directed life insurers in the country to mandatorily...
MAS Team | 25 November 2015
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Irdai fines IDBI Federal
Irdai imposed a penalty of Rs16 lakh on IDBI Federal Life Insurance Company Ltd for violation of norms, including higher commission payment
MAS Team | 10 November 2015
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LIC held responsible for misleading advertisements
The Citizens' Rights Association (CRA) noticed that agents and officers of Life Insurance Corporation of India (LIC) were cheating consumers through...
MAS Team | 13 October 2015
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SBI Life launches 'CSC Saral Sanchay' insurance plan
SBI Life Insurance has launched 'CSC Saral Sanchay', an individual, non-linked, non-participating, variable insurance plan with twin benefits of life...
MAS Team | 03 September 2015
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LIC creates platform for Aadhaar-linked electronic KYC norms
Life Insurance Corporation of India (LIC) has created a platform where policyholders may avail of electronic know your customer (eKYC) norms linked...
MAS Team | 01 September 2015
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Pension business of life insurers plunges 90% to Rs2,000 crore
Pension products of life insurance companies which were not exactly in the interests of the customer have now become very unpopular due to the...
MAS Team | 24 August 2015
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LIC to launch ULIP product on 19th August
State-run insurer Life Insurance Corporation of India (LIC) will launch its ULIP product across the country on 19 August 2015
MAS Team | 19 August 2015
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IRDAI asks life insurers to avoid delay in pension payment
Insurance watchdog IRDAI has issued directive to life insurers to streamline process to ensure timely payment of pension to policyholders who have...
MAS Team | 14 August 2015
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Banks allowed to tie up with more than one insurer
Banks have been allowed by the IRDAI to sell three products each from all life, non-life and stand-alone health insurance
MAS Team | 14 August 2015
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IRDAI slaps fine of Rs10 lakh on Tata AIA Life Insurance
Insurance regulator IRDAI imposed a fine of Rs10 lakh on Tata AIA Life Insurance for excess payment to corporate agents. Besides, the regulator has...
MAS Team | 14 July 2015
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Life Insurance Council plans fraud monitoring framework
Life Insurance Council, the apex industry body of insurers, is planning a fraud monitoring framework for its members
MAS Team | 09 July 2015
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IRDAI slaps Rs50 lakh penalty on Future Generali
Insurance sector regulator IRDAI imposed a fine of Rs50 lakh on Future Generali India Life Insurance Company for violating various norms, including...
MAS Team | 12 June 2015
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IRDAI may still insist on bank tie-ups with more insurers
Insurance Regulatory and Development Authority of India may insist on banks tying up with more than one insurer once banks start submitting their...
MAS Team | 08 June 2015
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IRDAI fines India First Life Insurance Rs65 lakh
According to an order issued by IRDAI Chairman T S Vijayan, India First Life Insurance has violated norms related to payment of commissions and...
MAS Team | 29 May 2015
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Religare to exit from Aegon Religare Life Insurance
Financial Services firm Religare Enterprises today said will exit Aegon Religare Life Insurance Company by selling its stake to existing partner...
MAS Team | 14 May 2015
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SAT admits SBI Life's petition against IRDAI
The Securities Appellate Tribunal (SAT) admitted a petition filed by insurance company SBI Life against its regulator IRDAI and fixed the next...
MAS Team | 08 May 2015
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IRDAI launches public campaign against spurious calls
To guard people against fraudulent activities in the insurance business, sector regulator IRDAI has launched a massive public campaign to create...
MAS Team | 07 April 2015
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Insurers to pay fine of upto Rs1 crore on violations by agents, says Irdai
The Insurance Regulatory and Development Authority of India (Irdai) said an insurer will be responsible for all acts and omissions of its agents and...
MAS Team | 18 March 2015
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Dear Investor,
In case of any grievance / complaint :
In case of any grievance / complaint :
- Please contact Compliance Officer Pankaj Raheja at [email protected] and Phone No. - 91-22-35131664.
- You may also approach CEO Debashis Basu at email- id [email protected] and Phone No. - 91-22-35131664.