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LIFE INSURANCE NEWS

Died in 1994 or 2013? Bihar insurance mystery reaches apex consumer body, ends in Rs 50 lakh payout

April 16, 2026 11:11 am

The insurer claimed Sushil Kumar Singh had actually died years ago, and the entire policy was built on forged documents, essentially accusing the family of insuring a “dead man”, the consumer commission noted.

‘You cleared it, can’t doubt now’: Apex consumer body raps HDFC for U-turn, orders Rs 25 lakh relief to kin of deceased

March 24, 2026 11:17 am

The NCDRC upheld the Rajasthan consumer commission’s 2018 order directing HDFC Standard Life Insurance to honour its policy and pay the assured sum to the deceased’s family.

Life insurance segment growth in double digit, non-life stagnates amid GST cut

November 11, 2025 7:35 pm

On the other hand, non-life insurers — excluding SAHIs — showed a growth of just 1.72 per cent to Rs 25,464 crore in the month of October.

UPS or NPS? A police officer’s unexpected lesson in life and death

October 22, 2025 1:00 pm

For those who confront their mortality everyday, even a bureaucratic exercise can feel deeply personal

recalling, re-labelling, or re-stickering is not mandatory for the stocks released in the market prior to the implementation date of September 22

GST 2.0: Re-labelling of drugs, medical devices not mandatory for stocks issued before Sept 22

September 16, 2025 10:16 pm

health, life insurance firms to get no ITC benefit for GST on commission; Must issue revised price lists to dealers, retailers for display

Allianz Life says majority of US customers' data stolen in hack

July 27, 2025 9:45 am

This incident is related only to Allianz Life in the U.S., which currently has 1.4 million customers, the company said.

'That’s when I realised how expensive treatment can get': Why more young Indians are buying insurance

June 06, 2025 3:00 pm

This newfound curiosity isn’t coming out of nowhere. A mix of rising medical costs, job instability, pandemic PTSD, and a growing sense of financial responsibility has pushed Indians in their 20s and 30s to take insurance seriously, possibly for the first time.