New business premium of life insurance companies grew 18 per cent year-on-year (Y-o-Y) to Rs 35,417 crore in February, driven by robust growth at the state-owned Life Insurance Corporation of India (LIC) due to a favourable base.
Shiv Sena MP Sanjay Dina Patil allegedly abused and threatened journalists, prompting Deputy Chief Minister Eknath Shinde to ask him to express regret. The incident occurred after journalists questioned Patil about a letter from Shiv Sena (UBT) leader Sanjay Raut and his daughter's political stance, leading to a political controversy.
With winter holidays approaching, some Indian travellers will venture abroad. Many will be underprepared for medical and other travel-related risks. Trip disruptions, missed connections, and steep medical costs in developed countries can leave travellers exposed if they underestimate the coverage they need.
When illness strikes, this cover cushions the fall -- guarding health, finances, and the family's fragile future
Your entire contribution can go down the drain if policies are not renewed on time
Caught between choosing to continue an inefficient policy and dropping it? We have some answers that will help better your insurance portfolio.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
S V Ramanan, CEO, CAMS Repository Services, will answer all your questions about electronic insurance or paperless insurance in an online chat between 2 pm and 3 pm, August 6
High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
How many health insurance policies should you have? Should you have mediclaim policies at all if you do not have any medical problems? Which are the best health insurance policies available for you today in India? How can one claim money after hospitalisation if you do not have a cashless mediclaim facility? How and where can you lodge complaints against your mediclaim insurance company if you have a problem? Here are the answers.
While it is advisable to hold the insurance policy till its maturity, it is not always possible. Life throws up some unexpected challenges, and so we are forced to sell the policy, in order to raise cash to tide over these emergencies.
Those who have an insurance policy need to check its clauses to determine if it covers home care treatment, advises Bindisha Sarang.
Car market leader Maruti has sold a record 1 million policies under 'Maruti Insurance', launched two years ago.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.
A lapsed policy can be revived within 5 years from the date of the last premium paid by paying up the outstanding premiums along with interest charges.
Simply put, riders are add-on benefits which can be bought along with a life insurance policy. They enable insurance seekers to increase the scope of protection offered by the insurance policy for a price.
Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.
Make a fresh start to this New Year with an appropriate insurance policy
Insurance policy document will become digital and paperless like shares in the coming year and the policyholders would be saved from preserving the physical copies of their insurance policies.
Besides portability, insurers are also planning to introduce longer- term medical insurance policies.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 31.65 lakh to the family of a vegetable vendor who died in a road accident in 2017.
A month down the line, you may be holding insurance policies in electronic form. According to sector experts, the regulator is in the last lap of checking repositories' preparedness and infrastructure, and is likely to allot licences by May-end or early June.
Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.
Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
Have a query regarding health insurance or mediclaim policy? Maybe we can help. Drop us a line and our expert, Harsh Roongta, CEO of Apnapaisa.com, will answer it.
Here's your one-stop to know and learn all you always wanted to know about term insurance policies but didn't know who to ask.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.
Through this online facility, these business communities can generate marine policies, manage them online and speed up documentation procedures in case of an emergency.
Either you are buying insurance policy online or through an agent, getting a better understanding about it will always be beneficial for you, says Harjot Singh Narula
What happens when your insurance policy lapses? What should you do in such a scenario? Read on to find out...
The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.
If insurance was a good investment product, I am sure this question would not have come up. But the answer, I am afraid, will not be a plain 'yes' or 'no.'
