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Latest Articles in life insurance

Life Insurance Industry Trends And Outlook 2022

The industry witnessed a radical shift in customer’s needs, behaviour, and expectations, which disrupted insurance operations prompting an overnight shift to virtualization

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LIC Seeks Bids For Consultancy Services For Its Digital Transformation

The strategy drawn should be in line with LIC's business strategy with the aim of organisational growth, sustainable competitive advantage, increased productivity of intermediaries, creating a unique as well as best value for customers, according to the EoI document.

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The Three Types of Life Insurance Plans

Once you’ve got your answer, refer to the ready reckoner below and you’ll find yourself having a lot more clarity than before.

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Five Life Insurance Sales Traps To Watch Out For

“Plan ABC will give you a guaranteed return of X per cent, which is an excellent cushion against the present market volatility”

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What Your Life Insurance Agent Isn’t Telling You

The key lies in awareness. Begin by knowing about these six things that your agent may not be telling you before you sign above the dotted line.

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HSBC Announces Rs 15 Cr Aid To Pandemic-Hit Dabbawalas

The dabbawalas are a very complex network of tiffin carriers, where a person picks up a tiffin from the residence of a job goer on a bicycle, passes it on to someone who ferries it in the luggage compartment of suburban trains

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Thinking About Buying Life Insurance? Use This Checklist First

For best results – be resolute in your approach to NOT move forward unless you’ve ticked off all the boxes.

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ICICI Pru Life Announces Highest-Ever Bonus Of Rs 867cr For Policyholders In FY21

Bonus is the share of profits generated by the company's participating policyholder's funds, which are added to their guaranteed maturity benefits

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LIC Ups Stake In Union Bank Of India To Over 5 %

Union Bank of India had on Thursday closed its Qualified Institutions Placement (QIP), in which it raised a total of Rs 1,447.17 crore.

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Redefining The ‘Healthy, Wealthy And Wise’

Health and wellness above all is the most important facet of our lives today and life insurers who embrace wellness in their offerings are set to become highly “relevant insurers”.

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Pramerica Life Insurance Appoints Kalpana Sampat As MD, CEO

Pramerica Life Insurance is a joint venture company of Prudential International Insurance Holdings, a fully-owned subsidiary of Prudential Financial, Inc., and DIL (DHFL Investments Limited).

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Future Generali India Life Insurance Company Ltd introduces Future Generali Lifetime Partner Plan

Future Generali India Life Insurance Company Ltd introduces Future Generali Lifetime Partner Plan

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Insurers Asked To Adopt One Aspirational District Each, Says IRDAI Chairman

Life insurance penetration in the country is 3.6 per cent of the GDP, way below the global average of 7.13 per cent, and in case of general insurance it is even worse at 0.94 per cent of GDP, as against the world average of 2.88 per cent.

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ICICI Prudential Life Launches AI-Powered Voice Chatbot On Google Assistant

Customers can instantly access information on their policies by activating 'Google Assistant' on their Android smartphones and speaking out their policy number or registered phone number.

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New Trends Emerge in Life Insurance Industry

Due to the COVID-19 pandemic Insurance Industries have developed new trends in 2020 they have never explored before.

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