Insurance is one of the most effective ways to manage risks and secure assets; however, the insurance industry has been mainly susceptible to trust issues. Many people believe that insurers do not pay claims, but the data says otherwise; the industry has been paying claims and is bleeding.

A quick guide for policyholders From April 1, 2024, the surrender value is expected to remain the same or even lower if policies are surrendered up to a period of within three years, as per IRDAI.

According to the report, Cathay Life Insurance is the second strongest brand, with a 9 per cent increase in brand value to $4.9 billion

As the current fiscal year is coming to an end, taxpayers are searching for different methods to reduce their taxes.

The Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus.

The survey, based on responses from over 23,000 respondents, also shows a 43% increase in the number of women purchasing individual coverage

The whole idea why waiting periods exist is that people should not abuse insurance.When there is a pre-existing disease declared in the proposal form, it will have usually a 24- 36 month waiting periodA lot of health insurance policies provide options to the customer to reduce the waiting period for pre existing diseases by paying an extra premium

International Women's Day: Compared to motor insurance, where over 50 percent women said they understood their policy benefits and clauses, only 32 percent were aware of their health insurance coverage details.

By working together, insurers, regulators, and stakeholders can further create a more inclusive and equitable insurance ecosystem that empowers women to protect themselves and their families effectively.

It is said that women are the real architects of society. They play different roles like Mother, Wife, Daughter, Sister effortlessly apart from managing their day to day work.

In every growing society, women are back bone of it and we are proud to say that we play a small part in strengthening the back bone by helping women become financially empowered.

New plan is specifically designed to have an adequate corpus to meet the higher education and other needs of a child, says Life Insurance Corporation of India

The product is targeted at parents who wish to create a long-term corpus to meet the higher education needs of their children.

LIC surged five per cent in open trade, continuing its stellar performance from Thursday when it hit an all-time high.

Life Insurance Corporation of India (LIC) launched a new unit-linked life insurance policy called LIC’s Index Plus this week. It is a non-participating, regular premium, individual life insurance plan which offers life insurance cover cum savings throughout the term of the policy.

The insurer’s net premium income grew 4.67 percent to Rs 1.17 lakh crore in the quarter under review, from Rs 1.11 lakh crore in the year-ago period

Life Insurance Corporation of India (LIC) has launched the unit-linked, regular premium, individual life insurance plan Index Plus, which offers life insurance cover-cum-savings throughout the policy term

Life insurance is an important component of financial planning in India, offering protection and security for loved ones. When selecting a provider, individuals should prioritize those with high claim settlement ratios and swift turnaround times.

Under the 'Cashless Everywhere' system, policyholders will have the liberty to select any hospital for their treatment, breaking away from the limitations imposed by agreements or tie-ups between insurance companies and healthcare providers.

One major expectation is higher government investment in the insurance sector. Higher budgetary allocation, they believe, will provide the sector with the requisite impetus

Wellness benefits are integrated into health insurance plans to engage individuals in activities that promote physical and mental well-being.Wellness points, earned through proactive health measures, can be utilised in various ways.For monitoring individuals' health, various wearables, apps, software and tools are available.

Insurance can be a strategic tool for tax optimization, offering financial safety net and potential tax-saving benefits.

Health costs are rising fast and it has becoming increasingly difficult to cover medical expenses from your own pocket. In such a situation, a family health cover is important to meet medical expenses of your family members.

IRDAI has urged insurers to introduce tailored policies aimed at specific demographics, such as senior citizens and millennials, acknowledging the diverse needs within these segments.

Life Insurance Corporation of India (LIC) has introduced several new plans in 2023 by unveiling a range of compelling insurance products. LIC introduced a product posed to gain substantial traction in the market.

Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements

By following these guidelines, policyholders can significantly reduce the chances of claim rejection and ensure a smoother experience with their health insurance coverage