Page 4 of life insurance

How Indians invest in life insurance: Survey gives eye-opening reasons

Primary reasons why Indians opt for life insurance – Survey reveals surprising insights

A recent Canara HSBC Life Insurance survey, encompassing 800 participants aged 20 to 50 from eight Tier 1 and Tier…

September 17, 2024 13:38 IST

Surrender value guidelines may lead to volatility in life insurance premiums in H2

In insurance, surrender refers to a policyholder terminating their policy before maturity. The amount payable to the policyholder upon termination…

September 13, 2024 05:45 IST

GST Council Meet: Medical, life insurance to be tax-exempt from November?

GST Council Meet: Medical, life insurance premiums to be tax-exempt? Here’s what FM Sitharaman said

The GST Council, led by Nirmala Sitharaman, has formed a Group of Ministers to review and potentially adjust GST rates…

September 9, 2024 22:50 IST

FY24 sees GST evasion double over last fiscal

Good news! GST Council reaches ‘broad consensus’ on lowering tax on insurance premiums | Here’s all you need to know

At the GST Council meeting, participants including state ministers reached a broad consensus on GST rate reduction on health and…

September 9, 2024 17:56 IST

LIC’s new term insurance plan: Eligibility, premium and benefits

Life Insurance Corporation of India (LIC) has launched a term insurance plan called LIC Digi Term – a non-par, non-linked,…

August 13, 2024 14:56 IST

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Life insurance premiums rise 14% in July

LIC’s premiums surged 20% year-on-year, totalling ₹18,431 crore, compared with ₹15,387 crore in July 2023.

August 13, 2024 00:30 IST

Big milestone for ICICI Pru Life! AUM crosses Rs 3 lakh crore with nearly 10 crore policyholders

ICICI Prudential Life Insurance Company’s Assets under Management (AUM) has crossed Rs 3 lakh crore. The company claims industry leading…

August 7, 2024 13:49 IST

LIC of India launches new insurance plans – Check benefits, eligibility, other details

The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available…

August 5, 2024 19:53 IST

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Wayanad landslides: FinMin directs insurance companies for quick claim disbursement for victims; documentation process relaxed

The LIC has been specifically instructed to swiftly disburse claim amounts to policyholders under the PM Jeevan Jyoti Bima Yojana.

August 3, 2024 18:12 IST

Insurance startup Square Insurance raises $3 million from BizDateUp, Negen Capital, others

The company said it will deploy the fresh capital towards developing technology for cattle insurance to address the critical needs…

August 1, 2024 18:52 IST

By aligning with one of India's largest private banks, we anticipate synergies that will enhance our capabilities as one of the country's leading private life insurers.

Max Life Insurance’s Rahul Talwar on Axis Group’s investment in the company besides its marketing strategies for LGBTQIA+ community Premium Story

In FY24, our distribution mix was composed of 40% through the proprietary channel, 58% through the bancassurance channel, and two…

July 3, 2024 08:00 IST

Insurance Awareness Day: 5 smart tips to consider for purchasing a life insurance policy

Insurance Awareness Day: 5 smart tips for purchasing a life insurance policy

In present time, buying a life insurance policy is essential as it not only offers financial protection to the family…

June 28, 2024 16:43 IST

Secure Your Dad’s Future: Life insurance for superheroes

Superhero Dads – This Father’s Day, be your kids’ superhero!

This Father’s Day, take the proactive step of investing in life insurance covers that guarantee your family’s financial security.

June 16, 2024 09:33 IST

IRDAI reforms to increase transparency, enhance policyholder experience

The reforms introduced by the IRDAI are expected to set new benchmarks in the industry, benefiting policyholders and fostering a…

June 14, 2024 11:51 IST

IRDAI's new policy surrender value rules: How will it impact life insurance policyholders?

IRDAI’s new policy surrender value rule: How will it impact life insurance policyholders?

After multiple revisions in the past, the Insurance Regulatory and Development Authority of India (IRDAI) has come out with new…

June 14, 2024 11:35 IST

The company claims to focus on consumer education, gaining insights into their financial needs, and aims to deliver tailored communication to provide relevant solutions (Image: PR Handout)

A Bandhan of a lifetime! How Bandhan Life aims to capture a piece of the life insurance sector Premium Story

The life insurance market in India is projected to reach (gross written premium) of $105.70 billion by 2024, as per…

June 14, 2024 08:00 IST

Is suicide covered under life insurance?

As per IRDAI rules, if the policyholder commits suicide within 12 months of policy purchase then the nominee may not…

June 13, 2024 13:42 IST

Term Life Insurance: What should be your ideal coverage?

Low premiums often mean limited coverage. It is essential to have sufficient money to cover your family’s financial needs, such…

June 12, 2024 11:19 IST

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Who was Ben Bader? Miami-based financial guru, influencer dies at 25

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