Updated Feb 04, 2021 | 06:06 IST
Irdai earlier directed life insurance providers to offer a standard immediate plan named ‘Saral Pension’. Here s how its better than other annuity plans and offers better liquidity Saral pension plans offer higher liquidity, flexibility to buyers; here s how | Photo Credit: Thinkstock
Retirement planning is critical for those who do not plan to work till the end of their days in order. It is necessart to have a steady flow of income in twilight years. For the purpose, annuity plans are specifically designed to provide a regular income stream to the investor upon the investment of a lump sum amount.
Federal Government workers compensation authority Comcare accused of unethical behaviour
Posted
ThuThursday 4
FebFebruary 2021 at 6:52pm
Dozens of Comcare claimants who did not want to be named for fear of retribution from the insurer say they have been bullied by doctors examining them.
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A doctor used by federal workers compensation authority Comcare and its licensees to examine claimants has never been formally investigated despite 66 complaints being made about him since 2000 to the Health Care Complaints Commission.
Key points:
Worker s compensation claimants are often sent for an independent medical exam by a doctor of the insurer s choice
South African agency now withdraws Fidelity Shield Insurance ratings
Friday January 29 2021
By BRIAN NGUGI
Summary
South African ratings firm Global Credit Ratings (GCR) has now withdrawn the credit profile of Naushad Merali-associated Fidelity Shield Insurance company for failing to disclose information, weeks after suspending the insurer s ratings.
GCR said it will no longer rate the agency adding that the BBB-(KE) rating issued after a review in November 2019, indicating high credit quality and certainty of timely payments, has been withdrawn.
South African ratings firm Global Credit Ratings (GCR) has now withdrawn the credit profile of Naushad Merali-associated Fidelity Shield Insurance company for failing to disclose information, weeks after suspending the insurer s ratings.
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