Sentences with phrase «mandatory for life insurers»
A regulatory clause makes it mandatory for life insurers to offer guaranteed returns to all its subscribers.
https://www.bharti-axalife.com/ Not exact matches
Guaranty associations are typically funded by a portion of the collective insurers» profits, and membership in a guaranty association is mandatory for life insurance companies.
The panel has suggested to «lower the mandatory proportion of G - Secs» in the Life Fund and the Pension and General Annuity Funds and allow for higher exposure in alternative higher - yielding assets (like equity or property) or high rated corporate bonds» to help insurers generate a high gross return on investments so that insurance savings products can compare favourably in the financial savings space.
Manoj Kumar Jain, CEO of Shriram Life Insurance Company stated in BusinessLine — «Industry requirement is that it should be made mandatory for corporate agents to have tie - ups with more than one insurer.
Both life and general insurers have mandatory medical tests only for first - time buyers of critical illness plans or riders.