LIFE INSURANCE POLICY
Latest life insurance claim settlement ratio of companies in 2021One should not only look at the number of claims settled, but while buying an insurance policy, one should also check the benefit amount th...
- Aegon Life Insurance elevates Satishwar Balakrishnan as MD and CEO
Balakrishnan, who joined the company in July 2019 as its chief financial officer, will spearhead the company’s transformation into a digita...
- Hold an LIC policy? Smile! You will have a quota in the IPO
"In the Finance Bill 2021-22, it has been proposed to have a reservation on a competitive basis, to an extent of up to 10 per cent of the i...
- LIC policyholders to be eligible for reservation in IPO
"In the Finance Bill 2021-22, it has been proposed to have a reservation on a competitive basis, to an extent of up to 10 per cent of the i...
- What is insurable interest?
Insurable interest in the property or life is the basis of insurance policies. The essential thing is that there must be some property, rig...
- Your opportunity to invest in Health, Wealth and Life cover, under one single plan
Tata AIA's Param Rakshak Plus is a comprehensive plan that not only offers life insurance cover till age 100 but also provides Hospital Car...
- What is the process of reactivating lapsed life insurance policy?
Not paying life insurance policy premiums on time can lead to the policy being lapsed. This would lead to the termination of benefits and c...
- India's life insurance industry seek tax break on protection policies
The Life Insurance Council is lobbying for a lower rate of GST ahead of the union budget, from the current 18% to the 5% slab for protectio...
- Do you have enough insurance? This is what you need to do to be prepared for the coronavirus in 2021
With Covid showing no signs of abating, it’s crucial not only to secure your lives, but also of your loved ones. One way to do so is by buy...
- Pandemic pushes sales of Rs 1 crore health insurance covers
“There has been high claims experience from the Rs 1-25 lakh segment. So premium rates shot up 50-100% there. And since the Rs 25 lakh -1 c...
- Returns of traditional life insurance plans will not beat inflation: Here's proof
Agents like to say that endowment or money-back insurance policies offer the twin benefits of insurance and investment. In reality, they fa...
- Do you have enough insurance? Find out how much life, general insurance you need
If you have not taken adequate life insurance, you are putting the future of your dependants at risk. The life insurance cover should be bi...
- Life insurance companies to offer standard term policy from Jan 1, 2021: Check details here
All life insurers permitted to mandatorily offer the standard term life policy with effect from January 1, 2021.
- What are critical illness policies?
- If one has multiple accident insurance covers, how can the claim be made?
It is perfectly legal to buy and hold more than one policy. However, do remember that the combined sum assured of all the life insurance po...
- 3 gaps in health insurance policies covering mental illness
In India, at the moment there is no standalone or separate health insurance policy that covers mental health, i.e., it is covered under reg...
- Does everyone need a life insurance policy?
The insurance decisions one makes have long-term consequences. Therefore, one must evaluate all the options before commiting to these. One ...
- You may soon be able to buy index-linked life insurance policies
The Authority is in receipt of requests from life insurers to allow them to offer index-linked products. Current IRDAI, product regulations...
- What is a variable life insurance policy?
A variable life insurance plan combines investment and insurance like Ulips. However, the returns are declared by the insurance companies o...
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