SOLVENCY RATIO OF LIFE INSURANCE COMPANIES IN INDIA SOLVENCY RATIO In India we have many life insurance and general insurance companies. All these companies are bind by rules and regulations as and when described by IRDA. To Maintain solvency ratio is also a main regulation to be followed by all the insurance companies in India. […]
Aviva India(Aviva life insurance) is a joint venture between Dabur Invest Corp (DIC) and Aviva International holdings Limited (AIH) – a UK based insurance group. The Current paid up capital amounts to Rs 2,004.9 crore. Aviva life insurance has pioneered many innovative sales approaches, including the concept of Bancassurance and Financial Health Check services. They […]
SECTION 80C Under this post, we are going to learn about some savings/investment schemes which are eligible to be deducted under section 80C. whatever investment you choose, whatever may be the investment amount you had paid, the maximum limit that can be deducted under this section is INR 150000. Provident Fund (PF): PF is deducted […]
GENERAL INSURANCE COMPANIES IN INDIA As a continuance of the previous post on the list of life insurance companies in India, we are bringing in the list of general insurance companies in India. This list consists of all the name and the Joint venture companies name along with the started year. We will see the […]
As an attempt to simplify the details about each and every insurance company in India, we are staring with Aegon religare life insurance company. In this post we are going to see about the Aegon religare’s started year, paid up capital. solvency ratio, total premium collected, etc. We would encourage you to comment if you […]
life insurance companies in India list India is a big country with more than 12o crore population. But due to many rules and regulations by the Indian government, only 23 private companies has got the license to sell life insurance in India. LIC is a monopoly till 1999 when the government formed IRDA and granted […]
HUMAN LIFE VALUE A proper financial planing advisor/ insurance agent should educate their clients on this human life value workings before selling a life insurance. Without doing this analysis, any financial planning would be incomplete and will be of no use. Each and every thing made by man has a financial value. All the artificial […]
Before knowing what is life insurance, we should understand what is insurance. Insurance is a way of transferring all the financial risks of an individual to the insurance company. In this process of transferring the Risk to the insurance company, the company pays an lump sum amount on happening of some specified event (eg. death of […]
welcome to waytoinsurance.com!!!!!!!!!!!!!!!!!!! Hello world! finally the day has come – Our most ambitious project of insurance learning site has come true today. 21.07.2015 – This is the first day for our website. We at waytoinsurance.com are committed towards the goal of attaining a hassle free and transparent environment in the Indian insurance industry. […]