Edelweiss Tokio Life offers life cover of Rs 1 crore to athletes representing India at Olympics

Edelweiss Tokio Life offers life cover of Rs 1 crore to athletes representing India at Olympics

What can be considered as a welcome offer, Edelweiss Group firm Edelweiss Tokio Life Insurance has decided to offer a life cover of Rs 1 crore for each athlete representing India at the Rio Olympics.

ONGC gets 25% discount on premium from United India, GIC Re

ONGC gets 25% discount on premium from United India, GIC Re

ONGC's hard bargain with state-run United India Insurance and GIC Re has further brought down its annual renewal premium by almost 25 percent to USD 16 million for both insurance as well as reinsurance covers for its offshore assets valued at USD 34 billion.

India vs South Africa: UPCA takes an insurance cover of Rs 6.5 cr for Kanpur ODI

India vs South Africa: UPCA takes an insurance cover of Rs 6.5 cr for Kanpur ODI

Taking a note from the T20 International match between India and South Africa in Kolkata being abandoned due to poor weather, the Uttar Pradesh Cricket Association has taken an insurance cover of Rs. 6.5 crore for the first ODI scheduled to be held here on Sunday.

Reserve Bank of India to increase insurance cover on deposits

Reserve Bank of India will soon increase insurance cover on bank deposits.

EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

After getting the committee's nod, it will then be placed before the EPFO's apex decision making body the Central Board of Trustees' (CBT) headed by the Labour Minister.

Nepal earthquake: Death toll climbs above 6,000

Anger over poor governmental relief has ignited protests in quake-hit Nepal as the death toll from the horrific temblor reaches 6000, with thousands battling for life.

All families in Tripura covered under Pradhan Mantri Jan Dhan Yojana

All families across Tripura have been covered under the Pradhan Mantri Jan Dhan Yojana (PMJDY), a national mission of financial inclusion of all households in the country, a top government official said here on Saturday.

India to spend around Rs 1.7 lakh cr on universal healthcare scheme

India will be spending around Rs 1.7 lakh crore (USD 28 billion) on its ambitious universal healthcare scheme.

Jan Dhan Yojana is at core of our philosophy of `Sabka Saath, Sabka Vikas`: PM Narendra Modi

PM Narendra Modi said on Monday that the Pradhan Mantri Jan Dhan Yojana was at the core of their philosophy of `Sabka Saath, Sabka Vikas`.

Airlines insurance premium set to jump on Malaysian tragedies

The already struggling domestic airlines may have to pay higher insurance premium this year following the twin tragedy of the Malaysian Airlines, industry officials said.

MCA, RBI to discuss insurance cover for public deposits

The Ministry of Corporate Affairs will hold consultations with the Reserve Bank on the mandatory insurance cover that has been proposed for public deposits garnered by companies.

Insurance cover for tree species in Tamil Nadu

The insurance will cover trees such as casuarina, eucalyptus (pulpwood), melia dubia (plywood), alanthus, gmelina (matchwood), leucean and dalbegia sisso (dendro power).

Insurance cover for residents of cessed buildings in Mumbai

The tenants living in the cessed buildings in Mumbai would be covered by an insurance scheme to the extent of Rs 5 lakh per family, Maharashtra Chief Minister Prithviraj Chavan said in the Legislative Council on Friday.

IRDA's draft proposal for insurance cover to BPL families

Regulator IRDA has come with a draft proposal to expand the reach of insurance cover to Below Poverty Line (BPL) families in the next five years.

Insurance cover also applicable to deposits in co-op banks

The deposit insurance coverage is also applicable to all eligible deposits in co-operative banks, Finance Minister P Chidambaram informed Rajya Sabah Thursday.

Insurance cover for 8 lakh kendu leaf pluckers in Odisha

A Kendu leaf worker would get Rs 37,500 if he or she became partially invalid in accident.

Banks asked to adopt risk management before rising insurance cover

The government has asked the Reserve Bank and Deposit Insurance and Credit Guarantee Corporation (DICGC) to adopt risk management system before doubling the insurance cover for bank deposits to Rs 2 lakh.

`Give HIV patients insurance cover for other ailments`

Insurance watchdog IRDA chairman Jsaid HIV-affected persons should not be denied claims for aliments which are not connected with the deadly disease.

Insurance cover for Army personnel increased

Army`s role during disasters and natural calamities across the country has further increased the stress on its men.

Insurance cover for nuclear accidents likely

Insurance regulator IRDA is in
the early stages of drafting a regulation for covering nuclear