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HDFC Life launches pre-approved product

INSTAInsure is an end-to-end digital journey that enables a partner’s customers to purchase a life insurance policy in a quick and hassle free manner. Through the power of INSTAInsure an existing customer of any of HDFC Life’s partners can purchase a policy instantly, in just 3 clicks. The policy issuance is done almost instantly.

SEBI pulls up SBI Life for not complying with minimum public shareholding norms

“The company and BNP Cardif may note that the dilution of shareholding beyond the permissible limit is not in compliance with provisions of the said circular and hence, such dilution would not be counted towards achieving MPS threshold,” SBI Life said in a regulatory filing quoting the letter of Securities and Exchange Board of India (SEBI).

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