
Traditionally, insurance agents and PoSPs have to refer to complex grids to understand the income potential from commissions. Add to…
The high volume of surrendered and lapsed policies raises questions about the reasons behind such untimely exits and underscores the…
The decision between life insurance and term insurance ultimately depends on individual circumstances, financial goals, and risk tolerance.
The customer experience in the life insurance segment in India has been improving significantly since 2021, it said. However, according…
Tata AIA offers as many as 27 services on WhatsApp for its consumers. Among these services are policy document, premium…
Effective April 1 onwards, the surrender value of policies shall either decrease or remain the same if surrendered within three…
In India, many individuals continue to view life insurance as a tax-saving instrument, using the premium amount to offset a…
The finalized regulations avoid the initially proposed high surrender values, which could have decreased Internal Rate of Returns (IRRs) for…
The start of a new financial year is an opportune time to assess your financial portfolio and add new investment…
By capitalizing on its growth drivers, addressing existing challenges, and adopting a collaborative approach, the Indian insurance industry is well-positioned…
ICICI Securities stated that non-life insurers are likely to show better margin performance than life insurers in FY24. Non-life insurers’…
People are often advised to buy insurance to save tax. However, if you are buying a policy just to save…
When considering life insurance as an investment, first establish which type of coverage best aligns with your needs.
Surrendering a life insurance policy entails terminating the contract before its maturity date and cashing in the accumulated cash value.…
According to data released by the Central Board of Direct Taxes, the net direct tax collections have increased by 20.25 %
The proposed extension of the free-look period by IRDAI represents a positive step towards empowering insurance consumers in India.
Renewing your insurance policy is crucial for securing your financial well-being in the face of uncertainties. By following these checklists,…
From the adoption of modern technologies for creating seamless customer experiences to transforming claim settlements, the year saw many successful…