Insurers must reveal ULIP commission: IRDA

Insurance regulator IRDA has asked life insurers to disclose the commission paid to agents for unit-linked products amid a debate over huge pay-outs given to them vis-a-vis mutual funds. ". . .it......

Banks as insurance brokers may not be on FinMin to-do list

Banks becoming insurance brokers to sell policies was one of the most talked proposals of P Chidambaram, finance minister in the previous United Progressive Alliance-led government. However,......

Which insurance product should you buy?

The life insurance industry has come a long way since 2000, when private companies were allowed in. Today, there are over 500 products (over 3,000 with customisation options), and 16 companies to......

ULIP crisis resolved, for now

The government on Monday said that the two regulators, the Securities and Exchange Board of India and the Insurance Regulatory and Development Authority, have agreed to maintain the status quo that......