Life Insurance

The feature allows policyholders to make premium payments directly through their preferred mobile banking app, without having to log in separately using internet banking credentials

SBI Life Insurance Q2 net profit falls 6.6% YoY to Rs 495 crore; net premium income jumps

SBI Life Insurance Q2 results: SBI Life declares fiscal second quarter financial results. Check net profit, premium income, key ratios, other details

Do you have enough life insurance cover to protect your financial goals?

A policy is only useful if the cover matches your family’s needs — here’s how to know if yours does.

Life insurance vs health insurance: what’s the real difference?

Both cover risks, but one protects your family’s future while the other safeguards you from medical bills.

HDFC Life’s Q2FY26 net profit rises 3% to Rs 448 crore; total premium up 15% YoY

Individual Annualized Premium Equivalent (APE) stood at Rs 6,471 crore, marking a 10 percent rise from Rs 5,864 crore last year

LIC struggles to find growth as its investors grapple with low returns

LIC has taken steps to fix its weak spots by focusing on non-par products and digital channels.

Canara HSBC Life banks on new agency, digital channels for next leg of growth amid IPO launch

No fresh fund infusion planned; insurer to fund expansion through internal accruals, says CEO Anuj Mathur

Should you buy life insurance in your 20s? Here’s how much to get

Life insurance may not appear to be an immediate priority when you're young, but an early start will save you money and provide peace of mind.

JPMorgan raises HDFC Life and GIC to Overweight with higher targets, LIC and SBI Life top picks

With in the non-life insurance space, the note finds more upside potential in the reinsurance sector while India's life insurance plays are poised for a most growth upside among Asia, riding on the demographic dividend.

Insurers, distributors go zero-GST before deadline, but exempt policies will be issued from official date

Policyholders now have to the option to lock in tax savings on new insurance and renewals, with insurers offering the option to buy zero-GST policies ahead of September 22 rollout.

GST cut likely to boost individual protection, but revival will be gradual, say analysts

The effect on volumes, product mix and profitability will depend on how distribution channels adjust, how insurers reprice to offset the loss of input tax credits, and whether employers push individual policies over group benefits.

Motor accident tribunal awards over Rs 2.52 crore compensation to accident victim's family

Presiding Officer Shelly Arora was hearing the claim petition by the family members of the victim, Yaseen Khan, who was run over by a bus while riding a two-wheeler on May 19, 2023.

Despite life insurers’ premium growth of 6% in August, policy sales drop 9%

Premium income for private insurers climbed 10.84 percent to Rs 65,410.42 crore during the period under review, up from Rs 59,013.14 crore last year. LIC, on the other hand, posted a modest 3.02 percent growth, collecting Rs 98,051.09 crore compared to Rs 95,180.63 crore a year ago

GST exemption on insurance: Policyholders might gain despite likely base premium hikes in future

Your guide to decoding the GST exemption on life and health insurance policies

GST relief on health premiums may nudge insurers, companies to revisit India Inc’s employee benefits

With the GST Council continuing to levy 18 percent tax on group health policies, employers may scale back group coverage and shift toward allowances for individual insurance coverage plans.

Insurers expect surge in small-ticket policies after GST cut, bet on higher adoption with affordable premiums

Lower entry costs will encourage first-time buyers to consider insurance policies both in life and general plans, and wider adoption and a large customer base is where we see real growth and potential, say industry leaders.

Insurers' business growth gets a GST booster, but benefits are limited

Higher growth augurs well for life insurers’ future profits and therefore investors are likely to rejoice this move.

No deal signed for health insurance yet, says LIC CEO R Doraiswamy

There is a delay in the deal, as we would like to observe the evolving health insurance market closely before making any definitive move, says Doraiswamy

Angel One enters life insurance space in JV with Singapore's LivWell

Angel One aims to disrupt the life insurance segment through the joint venture, which will be a first in India as a fintech-partnered life insurance business. Angel One said the business is being built for India's 'growing base of digital-native consumers'.

Claims paid ratio: Why life insurance policyholders should be aware of this crucial metric

Claims paid ratio is the percentage of claims an insurance company successfully paid out compared to all claims received in a certain period; that is why carefully checking an insurer's claims process, especially their CPR, is vital.

IRDAI likely to notify risk-based capital norms in Aug, phased rollout to follow

This implementation is aimed at giving insurers time to build the necessary internal capacity for the model without disrupting day-to-day operations.

Why insurance is critical for a peaceful retirement

A judicious mix of sufficient health cover, life insurance and a substantial nest egg could spell ease in the sunset years

Q1 FY26 life insurance preview: Product mix reset, digital shift among key trends to watch

HDFC Life, ICICI Prudential Life to report on July 15. The companies are likely to begin reconfiguring their product mix and offer more traditional participating and non-participating savings products.

Life and health insurance mistakes even smart investors make

Common mistakes when buying insurance: Smart investors often make common mistakes when buying insurance — such as underestimating the importance of term insurance, relying solely on employer-provided cover, or prioritising lower premiums over policy features and claims support — which can result in inadequate coverage and financial vulnerability.

Life Insurance Council launches 'Sabse Pehle Life Insurance' campaign, aims Rs 160 cr spend every year

The total premium of life insurance companies have grown at 10 percent CAGR in last five years, according to the press release.