Health Active

ICICI Prudential Life Insurance Company has launched Health Active©, a personalised and interactive wellness programme for its policyholders. Policy-holders can register on the Health Active portal through the company's website. At Health Active, users can assess their current health status holistically by providing details on personal habits, family history and lifestyle; and get a detailed report with personalised recommendations.

Zero balance

Bharti AXA Mutual Fund has launched a ‘Zero Balance Folio’ scheme to increase its investor base. The folio will help distributors and mutual funds gather information about prospective investors and ‘fence sitters’. The folio is like a zero balance account with a bank, where an investor shall be allotted a folio number without having actually invested.

Capital shield

Bajaj Allianz Life Insurance Company has introduced Bajaj Allianz Capital Shield, an insurance product that brings investment and tax benefits to investors. Capital shield provides five times life cover and the advantage of double tax benefits under section 80 C and 10(10)D. This is a five-year single premium product. The investor can put in a minimum of Rs 25,000 for five years and then start withdrawing after three years.