Faridabad police have busted a fake call centre operating from Delhi and arrested six individuals involved in defrauding people by offering bogus bonuses on insurance policies.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Israeli Prime Minister Benjamin Netanyahu asserts that the joint US-Israel campaign against Iran is progressing successfully, highlighting Israel's strengthened position and hinting at new regional alliances.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.
Gurugram police have dismantled a cyber fraud operation run from a call centre in Ghaziabad, arresting three individuals accused of defrauding people of significant sums through deceptive insurance and government bond investment schemes.
Tier-II, Tier-III, and rural regions accounted for 62 per cent of all new health insurance policies sold by insurers so far in 2025-26 (FY26), according to a Policybazaar report. These regions are also witnessing a rise in the sum assured opted by customers.
As heart disease increasingly impacts young Indians, understanding the complexities of health insurance, including higher premiums, waiting periods, and the benefits of specialised cardiac policies, becomes vital for financial protection.
A man wanted for nearly nine years in connection with the murder of a woman for an alleged Rs 50 lakh insurance claim and property has been arrested in Bihar, Delhi Police said. Another accused in the case was found to have died in 2018.
Understand your travel insurance policy before travelling abroad this summer. This article outlines what travel insurance covers, including trip cancellations, missed connections, and medical emergencies, and what it excludes, such as war-related disruptions and pre-existing conditions.
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
Most owners assume car insurance covers everything, but hidden exclusions can lead to claim rejections and unexpected financial shocks.
Proposal forms are often filled by the agent. Check the form after it is filled.
'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'
'We ourselves hadn't heard it initially. Many people called us. The entire village was overjoyed.'
Dungarpur Police have arrested three individuals involved in an organized gang allegedly siphoning money from life insurance policies using forged documents, with the fraud involving approximately Rs 58 lakh.
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65. However, after the recent changes that have come into effect from April 01, 2024, anyone, regardless of age, is eligible to purchase a new health insurance.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.
Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.
Prime Minister Narendra Modi and Chinese President Xi Jinping held talks focusing on rebuilding bilateral relations, emphasizing border peace and addressing cross-border terrorism.
Young buyers often underestimate future health risks.
Haryana is revamping its 2015 Sports Policy to focus on long-term talent development for future Olympians, moving beyond just prize money and jobs. Key initiatives include 'Mission Olympics-2036 Vijayee Bhavah' for young athletes and the 'Khelo Haryana App' for integrated athlete services. The state aims to strengthen athlete welfare, infrastructure, and institutional support.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Buy from an established agent rather than a novice who may not be around when you need his assistance.
A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.
An Assam Civil Service (ACS) officer has been arrested on graft charges, with over Rs 1.66 crore in cash and fixed deposits worth another Rs 86 lakh seized, along with investment documents.
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
The alarming level of life insurance policy misselling has caught the attention of policymakers amid efforts by the insurance regulator to boost insurance penetration, a top official from the Insurance Regulatory and Development Authority of India (Irdai) said on Tuesday. According to Satyajit Tripathy, member-distribution at Irdai, while life insurance grievances often relate to product issues, non-life insurance complaints typically concern claim payments and exclusions. Addressing these grievances is essential to increasing insurance penetration, he said.
Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
Nine individuals, including a government medical officer and four police officers, have been arrested in Jalgaon for allegedly conspiring to fraudulently claim insurance money by faking a road accident death.
BJP MLA Dhirendra Singh has urged the Uttar Pradesh government to formulate a comprehensive policy covering education, healthcare, housing and social security for labourers.
'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'
This will not affect the tax exemption provided to the amount received on the death of a person insured. It will also not affect insurance policies issued till March 31, 2023
Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.
A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.
Shiv Sena (UBT) leader Sanjay Raut has written to the Mumbai Police Commissioner, seeking action against MP Sanjay Dina Patil for allegedly threatening to "throw bombs" at protesters and claiming to have "killed five people" in the past. Maharashtra Chief Minister Devendra Fadnavis has assured that police will take appropriate action against anyone issuing threats.
'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
