MUMBAI (Reuters) - Fund managers at India’s largest private sector life insurer, ICICI Prudential Life Insurance, are turning their attention to the technology and pharmaceutical sectors following bumper payoffs from a contrarian bet on the country’s telecommunications sector. ICICI Pru Life’s Chief Investment Officer, Manish Kumar, said he kept buying telecoms shares this year even as a bruising price war…

MYTH-1 Buying policy online is very difficult if you’re not too familiar with internet. There are a lot of steps and it would be difficult for me. Buying a policy online now has very few steps and they have been simplified so that anyone with basic knowledge of internet can buy a policy with ease. Moreover, you receive help on…

India has a growing number of young, working individuals. Their lifestyle is one that can be categorised as having 4 “Rises”. Rising aspirations, Rising incomes, Rising consumption and Rising stress. With their fast paced professional lives going hand-in-hand with negligence towards healthy dietary habits and lifestyle, it is hardly a surprise that there has been a steady increase in the…

India’s largest private life insurance company, ICICI Pru Life, has come out with an innovative health insurance product which provides financial assistance for the treatment of heart diseases and cancer. The product helps the policyholder to focus on the treatment without worrying about the financial implications of treating these conditions. The Heart / Cancer Protect product provides multiple benefits in…

ICICI Prudential Life has launched a health plan that covers heart ailments and cancer. Policies such as these that are targeted at specific ailments give comprehensive life coverage. They cannot be compared with medi-claim (or hospitalisation) policies from a general or a health insurer. The advantage is that the sum assured is paid lumpsum on diagnosis of the illness and…

Six years since the annual loyalty survey by Kantar-IMRB was instituted, LIC has been dislodged from the top slot. After being the insurer that customers were most loyal to by a big lead over the rest, LIC has slipped to third position with SBI Life and ICICI Prudential jointly taking the number one spot according to Insurance India 2017. Interestingly,…

You rush out of your house, breakfast half eaten. You balance the newspaper in one hand and the laptop in another as you travel to work. You have planned your day to the minute, and your way to the promotion. You practice your gratitude speech for when your department head acknowledges your contribution to the team. However, your planning rests…

To promote cashless transactions via digital payments, The Government of India has taken a series of initiatives like opening 25 crore Jan dhan accounts, launching Rupay cards and demonetization of high value notes etc. One of the most exciting incentives launched on December 25th, 2016 by NITI Aayog (Government of India) is the Lucky draw for digital payments under Lucky…

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