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About 50% term policy buyers opt cover of Rs 1 cr or more during Apr-Aug: Policybazaar
“For the age group 42-50, we witnessed the highest year-on-year increase in term insurance buying i.e. 77 per cent and for year 2020 the age group 31-35 holds the largest share in terms of policies bought i.e. 30 per cent,” the firm said basis its data.
It further said in the High Net Individual (HNI) segment, more than 80 per cent customers went for the cover of Rs 1 crore and above, out of which 25 per cent invested in the cover bracket of Rs 2 to Rs 5 crore.
AXA XL in India to plant 30,000 trees and create a Biodiversity Park in Delhi
Delhi has a significant issue with air pollution and unsanitary water and this initiative will help to keep ecosystems healthy, creating a protected space where nature can thrive,” says Derek Nazareth, Head of Global Operations and Country Head, AXA XL in India.
A healthy biodiversity helps to breakdown and absorb pollution and provide resilience to climate change.
Additionally, a healthy biodiversity helps with the management of ground water levels, preventing flash flooding and enriches the quality of the soil.
Health ministry launches web portal for updates on COVID-19 vaccine development
“The data will serve as an invaluable tool for formulating appropriate patient management strategies, predicting disease severity, patient outcomes etc,” the ICMR said in a statement.
Union Health Minister Harsh Vardhan, said, “The portal provides useful and important information related to vaccine development, ongoing clinical trials and progress made in this area locally and globally at regular intervals. Today, in the times of coronavirus pandemic, vaccine development is watched very closely. Thus, it becomes important to showcase the status of vaccine development in the country.”
Govt looks to implement all 4 labour codes in one go by December: Gangwar
The draft rules of the three codes on industrial relations, social security and occupational safety, health and working conditions are likely to be circulated by the first week of November for feedback.
The labour ministry is expected to finalise and implement rules of the three codes along with already firmed wage code rules by December this year. Thereafter, these four codes would become law of land to complete game-changing labour reforms in the country.
Talking to PTI, Labour Minister Gangwar said, “Government is doing all efforts to complete the labour reforms by implementing the all four labour codes by December this year…”
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