New year brings lot of new Life Insurance Products

Almost all Life Insurance companies are coming with lots of new product to penetrate it's market in different segment.
According to The Hindu, T. S. Vijayan, Chairman, Insurance Regulatory and Development Authority (IRDA) and his team already cleared around 500 Products so far !!

I don't know if this will facilitate people in choosing the right insurance for them or it will confuse them ?! But sure it will be tough competition among the Insurance players.


Check this news...
No shortage of life insurance products from January 1: IRDA
Source: www.thehindubusinessline.com


SBI Life Insurance to launch dozen of next product in New Year, focus in Northeast India for growth
Source: The Economics Times

PNB Metlife launches 3 life insurance products
Source: http://zeenews.india.com

Bajaj Allianz to launch new life insurance products
Source: www.thehindubusinessline.com


Oh yes .. this also follows with increased prices that we have to pay for the insurance from New year.. more on this in my next blog.