Indian life insurers paid a record ₹60,800 crore in commissions in FY25, with commission growth (18%) significantly outstripping premium growth…
Cap on insurance commission will enable competitive pricing of policies.
A formal Cabinet briefing on the approval is likely to take place at 4 pm today.
There is much to be learnt for the insurance sector, particularly by the private sector insurers, from endeavours like the…
Nearly three years after the idea was first proposed, the Insurance Regulatory and Development Authority of India (Irdai) has taken…
Health and life insurance premiums no longer attract 18% GST, making policies cheaper. While policyholders will immediately benefit, experts warn…
From September 22, 2025, life and health insurance premiums will no longer attract 18% GST, making policies cheaper for millions.…
Adventure sports like rafting, skiing, and scuba diving are often excluded from standard travel insurance. Adding a low-cost rider ensures…
As India is poised to become the world’s third-largest construction market, the requirement of Bank Guarantees in the Indian Infrastructure…
The move is also part of the broader GST rationalisation plan, under which the Council has tried to simplify the…
Industry leaders caution that without ITC, expenses subject to 18% GST—like office rentals and technology costs—would become stranded costs.
SBI Life – Smart Shield Plus claims to offer “a flexible and scalable term insurance plan” that adapts seamlessly to…
Minister of State in the Ministry of Finance Pankaj Choudhary said that any decision on GST rates on any goods…
Term insurance offers a vital financial safety net for your loved ones. But what happens if the claim gets rejected…
Can’t afford your insurance premiums anymore? On Insurance Awareness Day, top industry experts share real-life examples and actionable strategies—like top-ups,…
A new BajajCapital report released on Insurance Awareness Day reveals that 61% of insured urban Indian households could face financial…
Wondering how much term insurance you really need? Learn what makes term plans different from other insurance types, why they…
Shriram Life Insurance targets 25% growth in retail new business premiums for FY26, focusing on rural and middle-income segments. With…