Showing posts with label new policies. Show all posts
Showing posts with label new policies. Show all posts

Saturday, January 11, 2014

Next year 400 Insurance Policy In Market

In the new year , at least 400 new customers wishing to life insurance policies are available . Insurance regulator IRDA's new guidelines set by the players in this area is completed . Now insurance companies are ready to hit the market with new products . Since January , nearly equal market will go out of existing life insurance policies . But those who already have these policies , their insurance will continue.
Insurance Regulatory and Development Authority [ IRDA ] 's policies to conform to the interests of customers, the guidelines have changed . The life insurance policies are broadly divided into three categories - traditional plans , variable life insurance and unit-linked plans , the ULIP Plan . With private insurance companies, LIC [ LIC ] issued new guidelines making policies of the new year . The Company currently plans to withdraw from the new year is close to 48 . The new plan is issued instead .



Nearly two dozen private companies , Reliance Life plans to introduce new policies into the new year . These risk protection , retirement , savings , investments and insurance policies will cover health related . Anup Rau , CEO of the company told the News , " We have drawn up new guidelines are beginning with 13-14 policies . Our focus primarily on traditional insurance policies will . In addition to the needs of the customers will continue to insist on making policy . "
HDFC Life ULIP plans 21 new customers bringing in the new year . Aviva Life Insurance has announced the launch of insurance policies is 13 . In addition, ICICI Prudential , Birla Sun Life, Bajaj Alaynj , Max and SBI Life will be launched next month, the new insurance policies .