Insurance: News
20 Nov 2024
PhonePeA guide to buying term life insurance on PhonePe
Term life insurance is a pure protection policy that secures your dependents financially in case of your premature death.
18 Nov 2024
Indian GovernmentModi government to allow 100% FDI in insurance sector: Report
The Indian government is gearing up to introduce major reforms in the insurance sector, including allowing 100% foreign direct investment (FDI), according to a Times of India report.
12 Nov 2024
GSTYour health, life insurance premiums might become cheaper next month
The Goods and Services Tax (GST) Council will meet at the end of December, with a focus on possible tax relief on health and life insurance premiums.
01 Nov 2024
BusinessInsurance guide for Indian gig workers
India's gig economy is booming, providing flexibility and independence. However, it also presents challenges in terms of financial stability and insurance.
28 Oct 2024
CycloneCar damaged by Cyclone Dana? Here's how to claim insurance
Cyclone Dana has left a trail of destruction in the coastal regions of Odisha and parts of West Bengal.
25 Oct 2024
IndiaExplained: Does travel insurance cover bomb threats on flights
With India witnessing a sudden spate of bomb threats disrupting flights, many have been left confused about how far travel insurance covers in such cases.
23 Oct 2024
BusinessThe significance of flood insurance coverage for Indian homes
Floods wreak havoc in India, particularly during the monsoon seasons. For countless homeowners, the yearly threat of inundation poses a significant challenge.
24 Oct 2024
BusinessUnderstanding insurance for adventure sports in India
Indians are increasingly embracing adventure sports, with adrenaline junkies seeking the thrill of paragliding, bungee jumping, and scuba diving.
23 Oct 2024
Mukesh AmbaniJio Financial and Allianz will set up an insurance company
Jio Financial Services, a company owned by billionaire Mukesh Ambani, is in talks with German insurance giant Allianz SE, as per Bloomberg. The talks are aimed at forming an insurance partnership in India.
23 Oct 2024
BusinessTips to decode your insurance declarations page
In India, when you buy an insurance policy, the first document you get is the insurance declarations page.
22 Oct 2024
BusinessUnderstanding Islamic insurance 'takaful' for Indian consumers
Takaful, or Islamic insurance, adheres to the principles of Sharia law, fostering mutual cooperation and assistance among participants.
19 Oct 2024
GSTYour health insurance premiums may soon become cheaper
The Group of Ministers (GoM) panel on Goods and Services Tax (GST) has reached a consensus, on some major exemptions pertaining to life and health insurance, as per Moneycontrol.
01 Oct 2024
IndiaHow new surrender rules will impact life insurance policy returns
Starting October 1, traditional life insurance policyholders will see a dip in their returns, because of some new rules on guaranteed surrender value.
19 Sep 2024
BusinessUnderstanding life insurance claim rejections
When a family faces the loss of a loved one, a life insurance policy acts as a crucial financial safety net.
18 Sep 2024
BusinessA guide to understanding insurance premiums for Indian consumers
Insurance premiums, the payments made to insurance companies for coverage, ensure financial safety against unforeseen events.
18 Sep 2024
BusinessHealth insurance portability: Smooth transitions and enhanced benefits
Health insurance portability allows policyholders to switch their health insurance providers without losing the benefits accrued from their current policies.
17 Sep 2024
BusinessNavigating retirement insurance solutions in India
Planning for retirement is vital for financial security and is often overlooked in India.
17 Sep 2024
BusinessUnderstanding riders and their potential advantages in life insurance
Life insurance is essential in financial planning, offering security to policyholders and their families.
16 Sep 2024
BusinessA guide to writing effective insurance complaint letters in India
When you face issues with your insurance policy or service, writing a complaint letter can be a crucial step toward resolution.
16 Sep 2024
BusinessMastering health insurance basics for Indian families
Navigating through the maze of health insurance options can be daunting for many Indian families.
15 Sep 2024
Artificial Intelligence and Machine Learning90% of Indian financial institutions prioritize AI for innovation: PwC
A recent report by PwC India, titled 'Mapping the FinTech innovation landscape in India,' reveals that 90% of Indian financial institutions are prioritizing artificial intelligence (AI) and generative artificial intelligence (GenAI).
13 Sep 2024
PetsUnderstanding pet insurance in India
In India, pet insurance is becoming popular among pet owners, offering financial protection against unexpected veterinary expenses.
13 Sep 2024
BusinessUnderstanding personal accident insurance in India
Personal accident insurance is a safeguard for individuals against unforeseen incidents that can lead to disability or death.
13 Sep 2024
BusinessUnraveling vehicle insurance add-ons for Indian drivers
In India, vehicle insurance is essential for every driver, not only for legal compliance but also for financial security in case of accidents or theft.
11 Sep 2024
BusinessMastering term insurance plan decisions for young Indian adults
Choosing the right term insurance plan is a crucial decision for young adults in India.
11 Sep 2024
BusinessA guide to navigating life insurance claims in India
When a loved one passes away, dealing with life insurance claims can add an extra layer of stress during an already difficult time.
11 Sep 2024
Department of CommerceModi government rolls out 'ChatGPT for exporters'
The Indian government has launched a comprehensive trade portal, the Trade Connect ePlatform. This initiative aims to provide a wide range of information related to exports and imports.
09 Sep 2024
BusinessNavigating health insurance for Indian families
Choosing the right health insurance for your family is crucial in safeguarding their health and financial well-being.
05 Sep 2024
BusinessEssential guide to maternity coverage in health insurance
When planning to start a family, it's crucial to consider the financial aspects involved.
05 Sep 2024
BusinessTips for navigating the ideal health insurance for your family
Choosing the right health insurance plan is crucial for securing your family's health and financial well-being.
04 Sep 2024
BusinessUnderstanding personal accident insurance: A guide for Indians
Personal accident insurance is a safeguard for individuals against unforeseen incidents that can lead to death or disability.
03 Sep 2024
BusinessDemystifying travel insurance for Indian globetrotters
Many Indian travelers often overlook travel insurance, yet it's an essential part of planning any trip abroad.
03 Sep 2024
BusinessUnderstanding the concept of insurance nominees
When purchasing an insurance policy, one essential step is nominating someone to claim the benefits if you're not there.
02 Sep 2024
BusinessNavigating insurance claims rejection in India
When you file an insurance claim in India and face rejection, it can be quite disheartening.
31 Aug 2024
Health & WellnessZerodha's Nithin Kamath shares guide to selecting right health insurance
Nithin Kamath, the founder of Zerodha Broking Ltd., has shared his insights on choosing the ideal health insurance plan.
30 Aug 2024
GSTTerm life insurance plans in India might become cheaper
The Goods and Services Tax (GST) Council is considering a proposal to exempt term life insurance policies from GST, according to an anonymous senior government official speaking to Moneycontrol.
29 Aug 2024
BusinessUnderstanding personal liability insurance in India
In today's fast-paced world, unforeseen incidents can lead to unexpected financial burdens. Personal liability insurance emerges as a crucial safeguard.
29 Aug 2024
BusinessEvaluating life insurance needs for Indians
Life insurance is a critical component of financial planning. Yet many in India are either uninsured or underinsured.
27 Aug 2024
BusinessUnderstanding renters' insurance in India
Renters' insurance, often overlooked by tenants, serves as a safety net. It protects personal belongings and provides liability coverage.
19 Aug 2024
Mutual FundsZerodha's Nithin Kamath advises against ULIPs as investment option
Nithin Kamath, the founder of Zerodha, has expressed skepticism about the effectiveness of Unit-Linked Insurance Plans (ULIPs) as an investment strategy.
14 Aug 2024
BusinessUnveiling insurance underwriting in India
Insurance underwriting is a critical process that determines the risk of insuring a person or asset and decides the premium to be charged.
13 Aug 2024
BusinessUnderstanding pet insurance in India
Pet insurance is gaining popularity among Indian pet owners. They seek to protect their furry friends from unexpected health issues and accidents.
12 Aug 2024
BusinessUnderstanding life insurance for Indian families
Life insurance is a critical component of financial planning, especially for families.
08 Aug 2024
BusinessHere's how the insurance complaint resolution process works in India
When you buy an insurance policy, you're entering into a contract with the insurer, expecting a safety net under unforeseen circumstances.
08 Aug 2024
BusinessLife vs health insurance: Which is better
Securing your and your family's future is crucial, and understanding the difference between life and health insurance is key.
08 Aug 2024
BusinessNavigating travel insurance for Indian vacationers
Travel insurance is a must-have for any vacationer, especially when traveling abroad.
06 Aug 2024
BusinessUnderstanding insurance deductibles for Indians
When buying insurance for your car, health, or home, you'll encounter something called "deductible."
05 Aug 2024
BusinessUnderstanding insurance policy lapse and renewal
Maintaining an active insurance policy is crucial for continuous coverage. Policies may lapse due to nonpayment of premiums or other reasons.
02 Aug 2024
BusinessUnderstanding critical illness insurance in India
In India, critical illness insurance is essential for financial planning. It is due to rising healthcare costs and the growing occurrence of critical diseases.
02 Aug 2024
BusinessHealth insurance exclusions: Meaning and how they benefit
When you buy health insurance, it is crucial to know not just what is covered but also what is not.
01 Aug 2024
IndiaHere's everything you should know about health insurance in India
Navigating through the myriad of health insurance options available in India can be daunting for many.
01 Aug 2024
BusinessDecoding motor insurance no-claim bonus and its benefits for you
When you own a vehicle in India, having motor insurance is not just a necessity but also a legal requirement.
31 Jul 2024
BusinessUnderstanding riders in life insurance policies for Indians
Life insurance is vital for financial planning, ensuring future security. Many policyholders are unaware of the benefits riders add to policies.
30 Jul 2024
BusinessUnderstanding personal accident insurance in India
Personal accident insurance is a safeguard against unforeseen incidents.
29 Jul 2024
BusinessUnderstanding term insurance for Indian families
Term insurance is a straightforward form of life insurance.
26 Jul 2024
BusinessTips to navigate health insurance portability in India
Health insurance portability allows policyholders to switch providers without losing accrued benefits.
17 Jul 2024
PaytmHealth check-up expenses got you worried? Try Paytm's new insurance
Digital payments giant Paytm has unveiled a new health insurance policy, "Paytm|Health Insurance," which extends its coverage to regular healthcare services.
07 Jul 2024
AccidentsWant to buy a used car? Follow these tips
Purchasing a pre-owned car requires a meticulous approach, starting with an in-depth inspection of the vehicle's condition.
30 Jun 2024
IndiaPreparing for monsoon driving in India: 5 essential car accessories
As the monsoon season looms in India, motorists are gearing up their vehicles for the impending rains.
31 May 2024
Mutual FundsJioFinance app debuts with UPI, digital banking, bill payment services
Reliance-owned Jio Financial Services Ltd has announced the beta launch of its new 'JioFinance' app.
26 Mar 2024
InflationNatural disaster-related insured damages predicted to double in a decade
A study by the Swiss Re Institute forecasts a significant surge in insured damages from natural disasters, with an expected doubling over the next decade.
18 Mar 2024
BusinessIndia's insurance sector attracted Rs. 54,000cr FDI since 2014
Over the past nine years, India's insurance sector has seen a significant influx of foreign direct investment (FDI), totaling nearly Rs. 54,000 crore.
12 Mar 2024
United States of AmericaDrivers concerned as automakers share driving data with insurance companies
Automobile manufacturers, including General Motors, are sharing detailed driving data of their consumers with insurance companies.
11 Jan 2024
Stock MarketEaseMyTrip forays into insurance sector, stock surges 19%
Online travel platform EaseMyTrip, operated by Easy Trip Planners Ltd., saw its shares skyrocket over 19% today, after announcing its entry into the insurance sector.
02 Jan 2024
Life Insurance Corporation of IndiaLIC shares trade in red on Rs. 800cr GST notice
Shares of insurance giant Life Insurance Corporation of India (LIC) traded 1.5% lower at Rs. 851.30 in early trade on January 2 after the company was slapped a Rs. 806-crore GST notice.
07 Dec 2023
PhonePePhonePe now offers ACKO's car and bike insurance policies
ACKO General Insurance and PhonePe have joined forces to offer comprehensive car and bike insurance products directly to users via the PhonePe platform.
24 Nov 2023
Life Insurance Corporation of IndiaLIC, NIACL shares surge up to 19%: What's driving rally
On November 24, shares of public sector insurance companies like Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC), and the New India Assurance Company Limited (NIACL) soared by as much as 19%.
23 Nov 2023
Life Insurance Corporation of IndiaLIC targets double-digit growth in FY2024 with new product launches
Insurance giant Life Insurance Corporation (LIC) has big plans for the coming months, with the goal of achieving double-digit growth in new business premium this financial year.
14 Nov 2023
Income Tax Department of IndiaAviva Life Insurance's India office searched for alleged tax evasion
Income Tax Department officials recently conducted a search at the New Delhi office of Aviva Life Insurance, a subsidiary of the UK-based insurance giant.
02 Nov 2023
BusinessZurich Insurance buys 51% stake in Kotak General Insurance
Zurich Insurance Group has inked a definitive deal to acquire a 51% stake in Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) for around Rs. 4,051 crore.
27 Oct 2023
Stock MarketSBI Life Insurance's Q2 net profit stands at Rs. 380cr
SBI Life Insurance reported a mere 1% rise in net profit for the July-September quarter of FY24, reaching Rs. 380 crore, an increase from Rs. 376.4 crore during the same period last year.
28 Jul 2023
Life Insurance Corporation of IndiaLIC launches 'Jeevan Kiran' plan: All you need to know
On Thursday, the Life Insurance Corporation of India (LIC) unveiled "Jeevan Kiran," a new life insurance plan that combines life cover with a return of premium.
06 Jul 2023
Electric VehiclesBuying insurance for your EV? Know coverage and premium rates
The electric vehicle segment has been rising rapidly in India over the past few years. More people are opting for EVs—both two-wheelers and four-wheelers—as their primary mode of transportation for daily commutes within city limits.
14 Apr 2023
Health & Wellness5 terms you must know before buying health insurance
We all know that health insurance is no more a choice but a necessity in today's world.
11 Apr 2023
PetsShould 'pawrents' consider getting health insurance for pets
As a pet parent, you would want to ensure your furry friend receives the best possible care.
18 Feb 2023
Health & WellnessHealth insurance is no more a choice but a necessity
As we age, our stress-taking capacities reduce, but the responsibilities on our shoulders don't, rather, they get heavier with time.
19 Jan 2023
TelanganaTelangana official kills man, fakes death to claim insurance money
An assistant section officer (ASO) of the Telangana government allegedly faked his own death to claim insurance funds of over Rs. 7 crore, PTI reported.
