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Saturday, May 21, 2022

Life insurance

LIFE INSURANCE NEWS

Life insurance firms settled 2.2 lakh Covid death claims: Regulator data

May 11, 2022 11:53 am

Compensation towards Covid death claims were reported under individual, group policies and the PM Jeevan Jyoti Bima Yojana (PMJJBY). Back-of-the-envelope calculations indicate that the average claim per person was Rs 7,63,965.

Insurance products that should be part of your investment portfolio for tax saving

May 05, 2022 5:55 pm

Here are the insurance products that should be part of your investment portfolio for tax saving.

Why guaranteed return plans should be on your investment portfolio

March 24, 2022 11:52 am

The certainty of a guaranteed return on your investments, irrespective of the extreme volatility of the stock and commodity markets, is something that the Indian investor has often looked for.

Must-have riders for your Term Life Insurance cover

November 26, 2021 5:39 pm

Here are different riders you should know about and consider adding to your term life insurance cover.

Sum Assured - The most crucial factor when buying a term life insurance

October 05, 2021 5:29 pm

When deciding on the coverage amount, most people forget to take into consideration some important factors like outstanding loans, the relentless march of inflation, one-time expenses such as children’s education and marriage, and most importantly the retirement needs of the spouse.

Four boxes to check before picking a life insurance plan

September 27, 2021 5:07 pm

While buying insurance is comparatively quick and convenient in the present-day digital world, do check these four important boxes before you pick your plan.

Should NRIs buy term life insurance in India?

September 08, 2021 6:16 pm

If you are an NRI and planning to buy a protection/term insurance plan, there is a pool of options available to choose from in India.

Changing insurance needs to changing life situations

July 30, 2021 7:18 pm

Understanding which life stage you belong to will help you and the life insurer to arrive at a fairly accurate life cover required.

Smart ideas to improve your insurance protection amid heightened uncertainties

July 19, 2021 5:35 pm

Insurance may not ensure the safety of life or protection from illnesses; however, it certainly reduces the associated financial stress, provided you are adequately insured when you get exposed to the risks.

Life insurers report 4% rise in new year premium in June at Rs 30,009 crore

July 09, 2021 5:23 pm

There are total 24 life insurance companies in the country. Of these, the country's largest and the only state-owned insurer Life Insurance Corporation of India (LIC) reported 4.14 per cent fall in new premium income in June 2021 at Rs 21,796.28 crore as against Rs 22,736.84 crore in the year-ago month.

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