While buying a term insurance, one should keep in mind important points like premium amount for a certain coverage, settlement…
Over the last four years, Edelweiss Life Insurance has reoriented its advisory approach, built insta-issuance capabilities in its customer onboarding…
ALIP provides the opportunity to receive the Surrender Value of their endowment insurance policies, even while preserving their life cover…
The facility allows consumers to borrow against the surrender value of select life insurance policies, ensuring they can quickly access…
In February this year, a parliamentary panel suggested composite licensing for insurance companies. A composite licence will allow insurers to…
Retirement planning is an undeniable facet of life and in order to make it financially viable, life insurance policies have…
Formalizing the secondary market for life insurance will help release crores of rupees of value from lapsed and forgotten life…
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’…