Page 2 of insurance benefits

insurance, LIC, New India Assurance Company, NIA, private sector firms

Merger state-run general insurers back on the table

The government may revive the merger plan for state-run general insurers—NIA, OIC, NIC, and UIIC—to form a stronger entity amid…

May 8, 2025 22:11 IST

insurance sector, Budget 2025, distribution, technology, life insurance, IRDAI, premium

India’s insurance landscape: Poised for growth

The rapid growth in the insurance sector can be attributed to the increased participation of private players, use of technology,…

February 6, 2025 13:37 IST

Insurance bill to allow 100% FDI likely in Budget session

The Insurance (Amendment) Bill, which aims to allow 100% FDI in the sector and composite licensing, is expected to be…

February 4, 2025 02:00 IST

Good news for senior citizens! IRDAI suggests key measures to rationalise health insurance policy premiums

Good news for senior citizens! IRDAI suggests key measures to check health insurance premium rates

The insurance sector regulator said that as part of the ongoing monitoring of insurance products offered in the Indian insurance…

January 31, 2025 12:20 IST

ICICI Lombard, industry, insurance, NSE, ICICI Lombard General Insurance, insurance

ICICI Lombard Q3 net profit surges 68% to ₹724 crore

Net premium income (net of reinsurance) grew by 8% year-on-year to ₹5,084 crore while total expenses (including claims and commission…

January 18, 2025 00:30 IST

insurance, MWP Act, policyholder, money, Married Women’s Property, Term Insurance

Protect insurance payouts from creditors by buying term plan under MWP Act

Before buying a term plan under the MWP Act, a policyholder must clearly understand its irrevocable nature and once assigned,…

January 11, 2025 00:30 IST

PhonePe launches first-of-its-kind insurance for Maha Kumbh Mela attendees

Maha Kumbh Mela 2025: Now get insured for missed flight, baggage loss, personal accident; see details

Maha Kumbh Mela 2025: The insurance plan is designed for travellers attending the upcoming Maha Kumbh Mela from January 13…

January 10, 2025 17:53 IST

PM Jan Dhan Yojana: Overdraft facility of Rs 10000, accident insurance up to … | Check other hidden benefits of PMJDY

PM Jan Dhan Yojana provides financial inclusion through features like a Rs 10,000 overdraft facility, accident insurance up to Rs…

December 28, 2024 21:53 IST

Ayushman Bharat Yojana: Hospitals denying you treatment despite having Ayushman Card? Govt suggests THIS

Here’s how the government addresses grievances under Ayushman Bharat Yojana when hospitals deny treatment to eligible beneficiaries with an Ayushman…

December 22, 2024 21:46 IST

Medical Pension for Army Personnel: Centre explains entitlement rules for THESE armed forces pensioners

Medical Pension for Army Personnel: Parliamentarian Hanuman Beniwal raised queries in the Lok Sabha asking from the Defence Ministry about…

December 21, 2024 14:46 IST

ICICI Prudential Life tops with claim settlement ratio of 99.04% in Q2 FY2025 – Check where other insurers stand

ICICI Prudential Life Insurance has topped the claim settlement ratio list at 99.04% in Q2 FY2025. Check other insurers’ standings.

December 11, 2024 15:30 IST

Term insurance at ‘zero cost’ – Should you buy?

When buying term insurance, you typically select a policy term based on when you expect to reach financial independence. This…

Updated: January 27, 2025 19:18 IST

Term insurance Vs whole life insurance: Which is right for you?

Choosing between term life and whole life insurance depends on your financial goals, budget, and need for either affordable protection…

Updated: December 3, 2024 08:10 IST

insurance, critical illness, accidental death benefits, Policybazaar, money

Limited premium plan easier on the pocket

Individuals must also consider optional riders, such as critical illness or accidental death benefits, which can enhance the policy’s value.

November 30, 2024 02:30 IST

CGHS rules for treatment at non-empanelled hospital! Beneficiaries must submit claim within 6 months of discharge

CGHS rules for treatment at non-empaneled hospital: Submit claim within 6 months of discharge or face …

Serving employees are required to submit the claim to their concerned department. Pensioner beneficiaries must submit it to the CMO…

November 26, 2024 08:24 IST

banking, insurance sector, Voice bots, BFSI sector, Contact centres, financial disputes, legal guidelines, customer experience, Fraud Detection, automation

Is your banking & insurance contact center falling behind? Voice bots are the key to staying competitive

In an era where 90% of customers expect near-instantaneous responses to their financial inquiries, voice bots have emerged as a…

November 21, 2024 17:20 IST

IRDAI, banking sector, bankers, insurance, bancassurance channel, distribution solutions, borrowing cost, Viksit Bharat

Avoid mis-selling: Bankers should focus on core job, not selling insurance alone, says IRDAI Chief

“The banca channel is a very useful channel. But of late, a lot of ills have crept into the system.…

November 20, 2024 13:42 IST

Govt employees attention! CGHS services won’t be available at these 19 hospitals – Here’s the reason why

The health ministry has taken the matter of fraudulent practices by hospitals seriously, stating that this will not be tolerated.…

November 15, 2024 21:40 IST

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October manufacturing output hits 5-year high on strong domestic demand

Business25 min ago

Manufacturing activity in India saw a boost in October. The HSBC India Manufacturing Purchasing Managers’ Index rose to 59.2, its highest in five years, while job creation continued for the 20th consecutive month. Business optimism, however, slipped from a seven-month high, but remained strong due to expectations around GST reform.

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