Bharti AXA Life new business income grows 25 pc to Rs 911 crore in FY19

New Delhi, Jun 3 (IBNS): Leading private insurer Bharti AXA Life Insurance today said its new business premium increased 25 per cent growth at Rs 911 crore in the financial year 2018-19 against Rs 731 crore in the corresponding previous fiscal period.

Want to surrender your life insurance policy?Here's a guide

Overview:   Life insurance is one of the most vital aspects of your financial planning with a long-term objective of building a corpus. It also secures the interests of your family by providing you with life cover that will look into their financial stability in your absence. Considering that you buy a life insurance plan not solely for investment and tax rebates, but also as a tool to ensure the financial security of your family, the thought of surrendering a policy must be an extreme step and a matter of compulsion. You may contemplate surrender of your policy in the event of dire financial duress and to a lesser extent for opting a wrong policy and you wish to switch to a better one. Before going into the nitty-gritty of surrendering your policy, you first need to know the mechanism of life insurance plans and the other definitions pertaining to the business, to take an informed decision.  

Edelweiss Tokio Life Insurance launches online protection plan

Mumbai, Sept 29 (IBNS): Edelweiss Tokio Life Insurance Company Limited, the life insurance arm of Edelweiss Financial Services Ltd., launched 'Edelweiss Tokio Life- TotalSecure+', an online plan that provides complete life protection in the form of a life cover, as well as an option to cover against critical illnesses.