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LIFE INSURANCE ACCIDENTAL DEATH BENEFIT
SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonThe Telangana High Court recently held that where an State Bank of India (SBI) employees' VRS application had already been accepted then hi...
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...
Quote of the day by Steve Jobs: ‘Death is very likely the single best invention of life. If you live each day as if it was your last...’ what the Apple co-founder teaches about courage and making every moment countSteve Jobs viewed death as life's best invention, urging focus on true priorities. He reflected daily on his last day, prompting necessary ...
Irdai digs into life insurers' costs beyond commissionsIrdai now seeks operating expense data, excluding commissions, from life insurers. This move aims to revamp the industry's distribution fra...
AstraZeneca shares slide after Ionis-partnered drug fails late-stage heart disease trialAstraZeneca shares fell after Wainua failed a key trial. The drug did not reduce cardiovascular deaths or heart problems. Wainua showed no ...
Aviva set to become first foreign insurer to fully own India life businessUK insurer Aviva Plc is set to fully own its Indian life insurance venture. This move follows India's recent policy allowing total foreign ...
Private life insurers outpace LIC in new business premium growthLife insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven...
Private life insurers outpace LIC as industry new business premium rises 16.6% in Q1Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players grew faster than LIC, driven by reg...
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...
LIC highlights stronger profitability, higher margins and digital push ahead of investor meetingsIndia's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins im...
Govt to launch cooperative life insurance company, expand Bharat Taxi to 500 cities: Amit ShahUnion Minister Amit Shah announced a new cooperative life insurance company to bolster the sector's growth, marking the Ministry of Coopera...
Son dies in accident while driving father's car; Delhi High Court says insurance can't be claimed. Here's whyThe Delhi High Court ruled that families of drivers dying in borrowed vehicles cannot claim personal accident cover from the owner's insure...
ICICI Pru Life seeks investor status for Prudential after Bharti Life dealUK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential L...
Ketan Agarwal murder case: Grandfather dies after cardiac arrest; alleged 'wedding won't happen' Snapchat chat message of Siya Goyal surfacesWeeks after realtor Ketan Agarwal's death at Lohagad Fort was reclassified as murder, his grandfather, Devichand Agarwal, has passed away. ...
Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...
Big Bear eaglet Sandy survived a terrifying fall, but the real threat begins after its first flightBig Bear Lake bald eaglet Sandy experienced an 'accidental fledge' after a fall from its nest, surprisingly taking its first flight to safe...
Delhivery unveils welfare scheme with Rs 15 lakh accident cover for gig workforceDelhivery has launched 'Abhyam', a comprehensive welfare program for its 1 lakh frontline workers. This initiative offers significant benef...