Over a prolonged period of time, every business will likely have a moment where they need to rely on their insurance policy for some non-perceived calamity. These disasters can take a variety of shapes, and therefore, a variety of types of insurance coverages are available to your business to protect you from these disasters. It is possible that the continued existence of your business will rely on the type and...

Reporters from CNBC TV had reported that the approval to the release of guidelines of Bancassurance has been delayed by IRDA because it has several problems and challenges that have to be modified as IRDA has to regulate the whole insurance industry. Bancassurance is the output of the plan called Bank Insurance model (BIM) that permits the banks to join hands with two of the insurance companies, one from...