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LIC’s banking bid hits a hurdle Life Insurance Corporation’s (LIC) plans to float a bank has hit a hurdle after the insurance regulator IRDA refused it permission to use policyholders’ funds for setting up a subsidiary.

IRDA whip against pyramid schemes In a bid to crackdown on pyramid schemes, the insurance regulator has barred companies that do not have a substantial customer base of their own from becoming corporate agents.

ET in the classroom: Cashless mediclaim Cashless mediclaim is not a new concept anymore. As the name suggests, you can get hospitalised, undergo surgery or both without having to pay cash at the time of bill settlement.

Read my Ulips, it's a better long-term bet With changes in charges & tax structure, Ulips have become more attractive than MFs if you are willing to stay invested for long-term. Tips to choose right insurance cover

Tips to choose right insurance cover Insurance has become an integral part of planning for many households. Biggest challenge for many is arriving at the exact cover. How tax benefits work for you

LIC expects Rs.176,000 crore premium income this fiscal The company's income from its real estate business is Rs.200-300 crore in the current fiscal, which would increase in the coming years. How to invest in 2010

Insurance cos' popularity depends on customer service Popularity of an insurance firm in India depends more on its customer service as compared to the products it sells, as per a report by advisory firm Grant Thornton.