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POLICYHOLDER PROTECTION
ProTec gets insurance licence; Irdai revamps key guidelinesProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four regist...
NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...
How ULIP plans can help you with legacy planningLegacy planning helps Indian families transfer wealth smoothly across generations. Unit Linked Insurance Plans offer life cover and market-...
5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
Should you go for accidental death insurance despite having term insurance? Check this before decidingTerm insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replace...
Why NRIs are re-evaluating health insurance for parents in IndiaRising healthcare expenses in India necessitate reassessment of parental health insurance. Many existing policies offer insufficient covera...
Missed your term insurance premium? Here's what happens to your policy, claim, and life coverMissing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and nominees receive benefits if deat...
Prudential HCL Health Insurance gets IRDAI nodIndia's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...
Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...
IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
LIC introduces New Jeevan Sathi joint life plans: Check features, guaranteed additions and benefitsLIC new plans 2026: Life Insurance Corporation of India has launched two new joint life insurance savings plans, LIC’s New Jeevan Sathi Sin...