IndiaFirst Life considers premium hike amid rising claims ratio
IndiaFirst Life considers premium hike amid rising claims ratio IndiaFirst Life considers premium hike amid rising claims ratio New Delhi, Mar 14: Amidst rising claims ratio and higher re-insurance cost, IndiaFirst Life Insurance is contemplating a hike in premium from the next fiscal while some other insurers have already effected the price revision in the current year. IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) has sought approval from the regulator for an increase in policy premium for term plans for the next year due to a higher claims ratio, according to a top company offic...