Max Life Insurance claims paid ratio at an all-time high of 99.22%
Max Life Insurance on Tuesday said that it paid 15,342 death claims amounting to ₹563 crore in the financial year 2019-20. The insurance company thus […]
Life insurance
Buying Life Insurance: From sales to eKYC to policy issuance, insurers taking these steps in COVID-19 times
After the outbreak of COVID-19 pandemic, there has been a general perception that in the times ahead, the need to buy life insurance will go […]
Private Life Insurers Continue to Seize LIC’s Market Share in First Year Premiums: Report
State-run Life Insurance Corporation of India (LIC) has been the main driver of life insurance industry premium accounting for about 69% of total first year […]
Could COVID-19 Bungle Your Life Insurance Application?
It’s always a good time to get your financial house in order. And now with the coronavirus (COVID-19) seeping into everyday life—and affecting job security—many […]
Women’s Day: Which life insurance product should they buy
Accurate and proportional representation of women in social systems has been shown to be important to long-lasting success of the human race. Additionally, a study […]
Why life insurance is cheaper for women
Until a few years ago, the income tax slab rates for men and women were different; the basic exemption limit for women was slightly higher. […]
Are life insurers equipped to sell indemnity health plans?
Last week, the Insurance Regulatory and Development Authority of India (Irdai) formed a committee to look into the feasibility of allowing life insurers to sell […]
Life insurance companies may offer more health policies
Mumbai: India’s insurance regulator Irda has set up a committee to study the feasibility of allowing life insurers to sell indemnity-based health products. Until now, these companies […]
Check the IRDAI death claim settlement ratio of life insurers for the year 2018-19
The main purpose of buying a life insurance policy is to make sure that after your death, your nominee or legal heir gets the sum […]
Opinion | Why term life insurance premiums may see a correction in the near future
In the classic book, Against The Gods: The Remarkable Story of Risk, American economist Peter L. Bernstein iterates that the revolutionary aspect which delineates the boundary […]