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SUM ASSURED CATEGORIES
Indians opt for higher life insurance cover as average premium rises 43%Average life insurance premiums rose significantly between FY2021 and FY2025. Policyholders are increasingly choosing higher sum assured am...- Have over Rs 1 crore cash to invest? Expert suggests portfolio for retirement, children’s goalsAn investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retiremen...
- 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-...
- 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recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...
- LIC's Digi Term Insurance Plan: Eligibility, premium payment, benefits of this online coverLIC's Digi Term is a non-par, non-linked, life, individual, pure-risk plan that provides financial protection to the insured's family in ca...
- LIC Tech Term, New Jeevan Amar: LIC relaunches two term assurance plansHere is a look at the features of the relaunched plans, as per the product brochures on the LIC website.
- IRDAI offers more flexibility to general insurance companies on products under miscellaneous linesThis decision was taken "to facilitate the industry to respond faster to the emerging market needs in terms of designing and pricing of gen...
- What are the different types of life insurance policies, which one should you pick?There are different types of life insurance policies available. Go through these variants of life covers to check which one you should pick...
- How much life insurance cover should you have?Investing in a life insurance policy is perhaps one of the smartest investments one can make, offering financial security against multiple ...
- EPFO likely to raise maximum insurance cover to Rs 5.5 lakhEPFO is likely to increase the maximum amount assured under its Employees' Deposit Linked Insurance Scheme to Rs 5.5 lakh.
- Buying an endowment plan? Here are two better alternativesTraditional plans usually give a return of around 6%. Certainly not the best bet for investors. Here are two better options suitable even f...
- Things to know about buying an online term planThe plans offer the benefit of lower premium rates for the insured. The insurance provider can pass on this benefit to investors because th...
- Should you go for high health insurance?Due to advancement in technology, many new procedures have been adopted in critical surgeries and treatment of severe illnesses, which come...
- Tata AIA Life launches a new term insurance plan 'Maha RakshaSupreme'With a minimum sum assured of Rs 50 lakh, this pure protection policy falls in the 'high-end' term plan category.
- Kotak Life child plans: No risk, not much gainEndowment products lack transparency on charges, creating hurdles for those wanting to make a cost-benefit analysis.
- New launch: Max New York Life College PlanMax New York Life Insurance has launched a traditional child plan.
- ING Life launches Uttam Jeevan, Uttam Jeevan SPING Life India has launched two new customer-centric unit linked insurance products which meet the investment and protection needs of custo...
- SBI Life launches health plan for State Bank Group customersSBI Life Insurance Co. Ltd on Thursday launched its first group health insurance plan "Criti9" for State Bank Group customers.
- Mediclaim cover may come in partsNew NIC policies may force policyholders to pay even if total bill is well below the sum assured.
- Policy holders must draw up wills to skip legal wranglesA nominee of an insurance policy is only a trustee of the sum assured, not the sole claimant, so says insurance companies in both life and ...
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