New business premium for life insurers grows 18% in August, for non-life insurers gross premium up by 12% According to the General Insurance Council’s ‘flash figures’ for August, non-life insurers’ collective gross direct premium underwritten grew nearly 12%… By Mithun DasguptaUpdated: September 8, 2022 10:56 IST
Invest in guaranteed return plans for higher returns and financial security As opposed to a high-risk-high-reward approach, guaranteed return plans offer you the certainty of the future. September 8, 2022 08:30 IST
LIC of India introduces New Pension Plus – an NPS alternative with additional benefits Like the National Pension System (NPS), LIC’s New Pension Plus (NPP) also provides pension seekers various investment options. By Amitava ChakrabartySeptember 7, 2022 14:33 IST
Better than FD, RD, PPF! Know the features and benefits of Guaranteed Return Plans An ideal investment plan is the one that gives you high returns along with tax benefits, so that you can… By Amitava ChakrabartySeptember 6, 2022 18:15 IST
FG Health Absolute Policy: Rs 3 lakh to Rs 1 crore health cover for up to 15 family members; check details FG Health Absolute offers customers access to value-added services like tele counselling, webinars on mental and physical health, vouchers for… By PF DeskUpdated: September 7, 2022 15:24 IST
Poor combined ratios of health insurance firms a big hurdle in cutting premium rates, say insurers Irdai chairman Debasish Panda recently said that a major challenge that needs to be addressed is the high price of… By Mithun DasguptaSeptember 6, 2022 02:15 IST
How can EV insurance be normalised? The growing availability of electric vehicles (EVs) has created new opportunities for insurers to develop products tailored to the policies… September 5, 2022 20:16 IST
How does a co-pay work in health insurance? Here’s all you need to know It is imperative to understand each and every clause in the health insurance policy in order to take an informed… September 5, 2022 08:00 IST
Rs 1 crore health insurance – Do you really need it? As health insurance is a long-term product, one can consider taking a health cover of up to Rs 1 crore. By Rajeev KumarUpdated: September 4, 2022 15:14 IST
Why homemakers also need a term insurance plan? While most earning members of the household purchase life insurance to protect their families against life’s unforeseen circumstances, we often… September 4, 2022 12:59 IST
Insurance ombudsmen settle 40,527 complaints in FY22 As many as 3,830 cases were settled by the Bima Lokpal’s (ombudsman’s) Delhi office alone in the last fiscal. By FE BureauSeptember 3, 2022 01:05 IST
India to be 6th largest insurance market by 2032; premiums to grow at 14 pc: Report Considering the projected growth rate, the life insurance premiums in India are set to cross USD 100 billion for the… By PTISeptember 1, 2022 17:49 IST
Term Insurance Plan under MWP Act: How to buy and why it is important – Experts explain Buying a term plan under MWP is important as the proceeds of the policy will only go to the beneficiaries… By Rajeev KumarUpdated: August 31, 2022 17:33 IST
Health cover market needs to grow much faster: Panda Panda laid stress on 3 A’s —awareness, accessibility and affordability — to achieve high growth rate and deepen insurance penetration… By FE BureauAugust 31, 2022 06:09 IST
Embedded Value: Earn maximum bonus on the same premium Insurers pay 20-35% of the sum assured as loyalty bonus for policies with above 25-30 years tenure By Kamalji SahayAugust 31, 2022 02:10 IST
Impact of technology on health insurance Prior to the pandemic, digitalisation and technology had made strides to accelerate, supplement, and improve the healthcare and health insurance… August 30, 2022 20:00 IST
Living in Delhi, Mumbai, Bengaluru or Hyderabad? Most accident-prone areas in your city revealed! Get insured ACKO Accident Index 2022, which was released today (30 August 2022), says the Delhi NCR region is both the capital… By PF DeskUpdated: August 30, 2022 16:41 IST
Cyber-attacks: You can take insurance cover for cyber risks While companies are increasingly taking cyber insurance covers, these are yet to pick up with individuals. By Saikat NeogiAugust 29, 2022 00:15 IST
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