Nearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...

Chartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...

It has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...

Insurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...

Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...

Families need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...

Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...

In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...

In a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...

Many policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...

Holding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...

A Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...

We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...

Rising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...

The Bombay High Court has ruled that insurers cannot reject hospitalisation claims solely because they were filed after the time limit ment...

Now that IRDA has come out with draft norms to regulate such issues, insured can hope for resolutions to many a sticky issue once they are ...