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IRDAI Guidelines for General Insurance – The Insurance Regulatory and Development Authority of India (IRDAI) has introduced 14 new guidelines aimed at improving transparency, fairness, and customer-centricity in general insurance. These guidelines cover various aspects of policy issuance, claim settlement, and dispute resolution, benefiting both policyholders and insurers. Let’s break down each guideline and its … Read more
IRDAI 19 New Guidelines for Health Insurance – The Insurance Regulatory and Development Authority of India (IRDAI) recently issued 19 new guidelines aimed at making health insurance policies more transparent, efficient, and beneficial for policyholders. These reforms focus on speeding up claims, ensuring clarity in processes, and enhancing the overall customer experience. Each point in … Read more
IRDAI New Circular – The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new circular that outlines significant reforms in the life insurance sector, with changes targeting life insurance companies, health insurance companies, general insurance companies, insurance advisors, and their customers. These changes are expected to impact more than 25 lakh insurance … Read more
LIC Sales Saathi App – In today’s competitive insurance industry, staying ahead requires tools that simplify processes and help you connect with customers effectively. LIC’s new Sales Saathi app is designed to do just that—an all-in-one sales and customer engagement platform that supports agents throughout the entire sales cycle. From gathering leads to offering post-sale … Read more
What is One Man Office – The insurance industry in India has witnessed massive digital transformations, and Life Insurance Corporation of India (LIC) is no exception. LIC has consistently strived to enhance the experience for its agents and customers through digital advancements. One of the latest and most significant initiatives in this regard is the … Read more
What is PYGI Policy – The insurance industry is at a pivotal point where new concepts like “Pay as You Go Insurance” (PYGI) are gaining attention. With customers becoming increasingly savvy and demanding more flexible solutions, PYGI is emerging as a model that caters to this shift. But for insurance agents, this raises several concerns. … Read more
IRDAI new guidelines for LIC – The Insurance Regulatory and Development Authority of India (IRDAI) has always played a pivotal role in regulating and overseeing the insurance sector in India. Recently, IRDAI has been at the forefront of introducing new guidelines aimed at reshaping the landscape of life insurance in India, particularly with regards to … Read more
What changes are going to happen in LIC from October 1, 2024 – Life Insurance Corporation of India (LIC) is going to introduce significant changes from October 1, 2024. These changes will not only impact the company but also its 14 lakh insurance advisors, policyholders and the overall insurance industry of India. This article discusses … Read more
How to become MDRT in LIC before 30 September– MDRT (Million Dollar Round Table) is a global organisation that recognises professionals who excel in the field of life insurance and financial services, indicating that an agent is one of the top performers in the industry. There is a competition among LIC agents in India to … Read more
LIC युवा टर्म इंश्योरेंस प्लान न केवल हमारे परिवार के भविष्य को सुरक्षित रखने का एक साधन है, बल्कि यह भी सुनिश्चित करता है कि ख़राब परिस्थितियों में भी परिवार की वित्तीय स्थिति स्थिर रहे। एलआईसी युवा टर्म इंश्योरेंस प्लान टेबल नंबर 875 एक ऐसा प्लान है जो इसी उद्देश्य को पूरा करता है। यह … Read more