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Life Insurance Policy

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Air India crash creates rare insurance dilemma: Nominees also among dead

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......

AI crash: Victims' kin file claims under multiple insurance categories

From hotel booking cancellations to loss of baggage, and from accidental death coverage to trip plan withdrawals, insurance companies have received a range of claims from the kin of the Ahmedabad......

'They killed people to claim money': 52 held in UP's Rs 100cr insurance scam

A massive insurance scam involving fraudulent policies, fake documents and even killings carried out to claim insurance money has surfaced in Uttar Pradesh's Sambhal district, with the estimated......

Bihar polls or Trump tariffs?: Oppn on GST reforms

Senior Congress leader and Rajya Sabha MP P Chidambaram has welcomed the Centre's recent GST rationalisation and rate cuts but criticised the move as being "8 years too late". IMAGE: Finance......

Renewal of life insurers' policies, after 1 year, declines in June quarter

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). Illustration: Uttam Ghosh......

'After GST cut, innovation will boost life insurance'

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a “landmark step” for making insurance affordable and inclusive. Illustration:......

Mis-selling of life insurance policies at alarming level: Irdai

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......

Top four life insurance companies covered 14 mn fewer lives in FY25

Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Illustration:......

Coming soon: Life insurance policies at your doorstep

Don't be surprised if an insurance agent walks into your home with a 'tablet' in his hand and offers a life insurance policy of your choice instantly, on a real-time basis. Tata AIG Life, to be......

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