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UNDERINSURANCE IN INDIA
India insurance market to grow 10.7% annually over next decade, fastest among major markets, says AllianzIndia's insurance market is set for rapid expansion, becoming the world's fastest-growing. Projections show significant annual growth over ...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising ...
Pick your own health cover: How custom plans work and their hidden downsidesA health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...
Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
“Misselling isn’t just about commissions”: Bandhan Life CEO on insurance reality checkSatishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a con...
Why healthcare access still depends on affordability in India, and how universal insurance may change thatIndia's healthcare system faces affordability challenges despite infrastructure advancements, with out-of-pocket spending causing financial...
Rs 50 lakh salary. But just one missed bonus away from collapse. CA breaks down wealth mistakeHigh earners in India are facing financial insecurity due to lifestyle inflation, with even Rs 50 lakh annual incomes proving insufficient....
Women grossly under-insured in India: SurveyAs high as 50% of urban Indians fear their life will be severely impacted with the death of the breadwinner.
Bharti AXA, Airtel Payments Bank team up to offer Pradhan Mantri Jeevan Jyoti Bima YojanaInitially, PMJJBY will be available at 1 lakh Airtel Payments Bank banking points across India.
How much health insurance do you need?Survey finds that 51% of health insurance policyholders in India are underinsured as sum insured would not suffice in a medical emergency.
51% of policyholders are underinsured: Apollo Munich Health Insurance reportAt 52 per cent, men are more underinsured, that is they have purchased low sum insured health insurance policies that would not suffice in ...
Are you underinsured?A large number of Indians are under insured. A major reason for this is that even insufficient insurance creates a false illusion of protec...
P Chidambaram wants greater penetration in the non-life insurance sectorFinance Minister P Chidambaram today said there is a need to increase penetration and coverage of non-life insurance in the country.
- P Chidambaram asks insurance sector to focus on smaller towns
P Chidambaram asked the general insurance industry to spread awareness about the need for risk cover in smaller towns across the country.
- Insurance products: Under-penetration and Underinsurance
Insurance products are sold like hot cakes in this country.
- L&T coming into insurance is good news: Ventura Securities Ltd
Subramanyam Pisupati, President, Ventura Securities Ltd, in a chat with ET Now talks about L&T getting into the insurance space.
- AEGON Religare Life opens 2 branches in Mumbai
AEGON Religare Life Insurance on Wednesday announced the opening of two new branches in the city.
- AEGON Religare Life opens 2 branches in Mumbai
AEGON Religare Life Insurance on Wednesday announced the opening of two new branches in the city.
- Insurance products should be simple: Chidambaram
Noting that India is among the under-insured countries, Finance Minister P Chidambaram today said insurance products should be simple and n...