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TERM LIFE INSURANCE POLICY
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...
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...
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...
If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
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...
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...
Amit Shah, Rekha Gupta flag off 300 e-buses to strengthen Delhi's public transportUnion Home Minister Amit Shah and Delhi Chief Minister Rekha Gupta flagged off 300 electric buses. They also laid the foundation stone for ...
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...
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...
Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...
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...
Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
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...
Adulting 101: Why financial protection isn't just for parentsThe article highlights why financial protection should begin early, not just after major life milestones. It explains how buying a term ins...