Insurance Newsletter - December 01 to 05, 2014

Federal Bank, one of the leading private sector banks in India has entered into an arrangement with Kotak Life Insurance to launch "Vidya Suraksha," for providing insurance cover to the lives of the students availing education loans.

Dec 05, 2014 12:12 IST India Infoline News Service

Top Story
 
Federal Bank launches Vidya Suraksha in association with Kotak Life Insurance
Federal Bank, one of the leading private sector banks in India has entered into an arrangement with Kotak Life Insurance to launch "Vidya Suraksha," for providing insurance cover to the lives of the students availing education loans. This product will give insurance protection to the extent of loan liability of a student in the unfortunate event of the death of the student.  To add convenience to the students, the product is offered as a single premium policy wherein the Premium will be funded by the Bank...Read More

Domestic News
 
HDFC Life unveils a new Ad Campaign
HDFC Life, India's leading life insurance company in the online space has launched a new marketing campaign targeted at a niche investor segment that is well versed with ULIPs and is experienced in online buying. The campaign aims to raise awareness about HDFC Life's second generation online ULIP - Click2Invest. Click2Invest is a unique online Unit Linked Insurance plan that offers not just financial protection but also a range of investment options. This first of its kind of plan is extremely cost effective as it invests 100% of the premium and only charges fund management fee (1.35%) and a risk premium for mortality cover...Read More

JLT commences Insurance Broking operations in India
JLT Independent Insurance Brokers Pvt Ltd (JLT Independent), an insurance, reinsurance and employee benefits broker, announced the launch of its operations today. JLT Independent marks Jardine Lloyd Thompson Group plc (JLT)'s direct presence in India through a joint venture with Sunidhi Group, a leading Indian financial services group with over 100 branches across India. JLT is one of world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT is part of the Jardine Matheson group of companies, a $61 billion conglomerate, which has been in the insurance broking business since 1832...Read More

Max Life Insurance 'Young Singing Stars' receive 30,000 song submission
Max Life Insurance, one of India's leading life insurance companies creates history with 30000 song submissions for its 1st i-genius Young Singing Stars competition. These submissions include 9000 plus entries by under-privileged children as a result of a special inclusion drive conducted by the company in 7 cities. This unique competition is an exciting platform for aspiring and talented young singing stars, giving children aged between 8- 15 years the opportunity to have their songs heard by industry professionals and chance to have their own music album. Star studded panel of jury includes - Salim Merchant and Shraddha Sharma...Read More

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