India’s largest life insurance services provider Life Insurance Corporation (LIC) is set enter the health insurance space in about two months as it is awaiting a nod from the IRDA.

Thomas Mathew told reporters here today. “Once the company receives approval from the regulator, LIC will formally announce its entry,” Mathew said, adding the formal launch will take about two months.

“The company will soon enter the health insurance sector and has submitted to the Insurance regulator (IRDA) …

Tamil Nadu is the first to implement the scheme -Benefits up to Rs 2 lakh once in 4 years: Special State news release

CHENNAI: Chief Minister M. Karunanidhi on Sunday announced that the State Government would implement a health insurance scheme for its employees to provide medical benefits up to Rs 2 lakh once in four years.

Addressing the Silver Jubilee Conference of the Tamil Nadu Government Employees’ Union (TNGEU), here, he said the scheme would enable the e…