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Latest Articles in life insurance

IRDAI To Now Allow Life Insurers To Launch Products Without Prior Approval

This comes days after Insurance Regulatory and Development Authority of India (Irdai) extending similar relaxations to health insurance products as well as general insurance covers

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All You Need To Know About Life Insurance Underwriting

Life Insurance company evaluates the particulars of each applicant individually, and accordingly takes a call on whether or not it makes financial sense for them to take on the risk

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Traditional Life Insurance Terms - Simplified

For your benefit, here are a few of the most relevant features of your traditional (or “non-linked”) Life Insurance plan, minus the jargon

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Three Misleading Life Insurance marketing Communications

The roots of this problem lie in the way that Life Insurance is sold, and the problem usually begins with the nature of the marketing communications that some insurers employ

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A Comprehensive Guide to Term Life Insurance Plans in India

This article will tell you everything there is to know about life insurance term plans to help you make an informed purchase decision.

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The Three Life Insurance Mistakes People Make

In FY21, India's insurance policies was fixed at 4.2 per cent, with life insurance at 3.2 per cent and non-life insurance policies at 1.0 per cent.

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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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