Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

by | Oct 5, 2025 | Aditya Birla, Aviva Life Insurance, Bajaj Allianz Life Insurance, HDFC Standard Life, ICICI Prudential Life, Insurance, Kotak Life, LIC, PNB MetLife Insurance, Tata AIA

Recent data from the Insurance Regulatory and Development Authority of India (IRDAI) reveals that life insurance companies paid an average commission of 4.03% to distributors for Unit-Linked Insurance Plans (ULIPs) in 2024, up from 3.13% in 2023. The total commission...
Life insurance companies pay a 4% commission on Unit Linked Insurance Plans (ULIPs).

Tata AIG has joined Star Health and Niva Bupa in discontinuing cashless claim settlement at Max Hospitals.

by | Sep 29, 2025 | Bajaj Allianz Life Insurance, Care, Insurance, Niva Bupa, Star Health and Allied Insurance, Tata AIA

Tata AIG General Insurance has suspended its cashless settlement arrangement with Max Hospitals, effective September 10, 2025. This move comes after a dispute over tariffs, with Tata AIG seeking further rate cuts and Max Healthcare refusing to comply. The hospital...

Beginning next month, Bajaj Allianz will no longer offer cashless treatment, and CARE Insurance has also received a notice, according to the Association of Healthcare Providers India (AHPI).

by | Sep 28, 2025 | Bajaj Allianz Life Insurance, Care, Insurance

The Association of Healthcare Providers-India (AHPI) has directed its member hospitals in north India to suspend cashless treatment facilities for Bajaj Allianz General Insurance policyholders starting September 1, 2025. A similar notice has been sent to CARE Health...