Page 4 - LIFE INSURANCE TODAY Novemver 2017

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Contents Focus

5 5 5 5 5 Life and non-life insurers are
Editorial 3 now marketing some categories

Sustainability & Feasibility of Common of their retail products through
Service Centers in India common service centres network of
- Jagendra Kumar 5 CSC e-Governance Services India Ltd.
The Insurance Regulatory and Devel-
Postal Life Insurance (PLI) 11 opment Authority (IRDA) has issued

guidelines in this regard. CSC was cre-
Frequently Asked Questions on Conventional
Life Insurance 14 ated by the Department of Electronics
and Information Technology on a pub-
DHFL Pramerica Aajeevan Samriddhi lic private partnership model as part of
from DHFL Pramerica Life Insurance national e-governance plan. For mar-
Company Limited 15 keting insurance products, CSC has to
obtain a prior license from the insur-
LIC's New Money Back Plan-20 years ance regulator which would be valid
from Life Insurance Corporation of India 17 for three years.
18 18 18 18 18 ICICI Prudential Life has
A Cover for Critical Ailments 18

Aditya Birla Health Insurance targeting young launched a health plan which
Indians through its digital strategy 20 covers heart ailments and
cancer. Policies such as these that are
Don’t rely on insurance for wealth creation 22 targeted at specific ailments give a
comprehensive life coverage. They
Studying abroad? Buy adequate travel cover 24 cannot be compared with medi-claim
(or hospitalisation) policies from a
Implications of the surge in Insurance IPO 26 general or a health insurer. The advan-
tage is that the sum assured is paid
IRDAI Circular 28 lumpsum on diagnosis of the illness
and is not restricted to inpatient treat-
LEGAL 29 ment in hospitals.

Statistics 37 2020 2020 20 ess than one-fourth of India’s
34
Important Insurance Contacts population is covered by pub-
lic or private health insurance,
LIC News 38 creating a crying need for health
cover. Moreover, since India also has
Private Life News 39 a sizeable number of millennials who
do not have health cover, insurance
IRDAI News 41 firms have increasingly begun using
digital tools for easy accessibility and
Glossary & Poll 42 integrating health data with hospitals.

4 November 2017 Life Insurance Today

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