Oct 11, 2021 06:00 PM IST

Strong growth momentum continues for private life insurers in September 2021

Private life insurance companies have continued the growth momentum in September 2021 but key risks around a third wave of the pandemic and pricing continue.

With Axis Bank's know-how and reach, Max Life will be on a journey of multi-year expeditious growth: Max Life MD & CEO

The opportunities of synergies with Axis Bank are humongous. says, Prashant Tripathy. Digital, he says, is a big play for Max Life, and currently, the organisation is on a multi-year programme to completely digitise its operations and sales.

Interview | Third wave won't impact new business: Kamlesh Rao, Aditya Birla Sun Life Insurance

The private insurer has set its Value of New Business margin expectations at 12 percent and is bullish on strengthening its bancassurance channel.

Exide Industries: Exit from non-core business lays a sunny pitch

Exiting the non-core insurance business and overall demand outlook in both automotive and industrial segments remain strong, post the second wave of COVID, Exide is likely to get re-rated

Sale of insurance business sparks a re-rating in Exide’s stock

The sale will help fund the huge capital requirement for investing in lithium-ion cell manufacturing 

Decoding Ulip surrender charges

What's free-look period in life insurance policy?

Indians most worried about job loss, debt, economic slowdown after COVID-19 second wave: Study

HDFC Life’s Life Freedom Index--a marker of Indians’ financial preparedness--fell 4.8 points in 2021, highlighting the adverse impact of COVID-19

What are mortality charges?

What should family members do with a deceased person’s health, car and home insurance policies?

It is important to complete the process of transferring these policies to eliminate procedural hiccups in future

All about HDFC Life's Saral Pension policy

The insurance regulator made it mandatory for insurers to offer such plans with uniform features

How easy is it to cross Policybazaar’s moat?

Increasing competition, changing industry dynamics with the entry of pureplay digital insurance firms (like Acko) and legacy insurance companies in the digital space, and heavy promotion spends show that the moat has its weak spots 

Buying a life insurance policy? Link it to the married women’s property act to pass on benefits smoothly

Bring your life cover under the purview of the Married Women’s Property Act to ensure that the claim amount goes to your wife and children alone

How much life insurance do you need? Use income replacement method to decide

The income replacement method helps arrive at the insurance amount based on current age, retirement age, income and expected growth in income every year

4 steps to ensure more Indians buy insurance policies

On this insurance awareness day, the time has come to focus on the untapped, under-served semi-urban and rural markets of the country

All you need to know about Pradhan Mantri Jeevan Jyoti Bima Yojana

Free life insurance for fixed deposit holders: You have to meet these conditions

Some banks are offering free life insurance if you open a fixed deposit (FD) with them. But such insurance policies come with a cap and could have conditions and some restrictions.

Have seen increased death claims due to COVID-19: Edelweiss Tokio Life Insurance

The full impact of the second wave on life insurance claims is yet to be seen, says Executive Director Subhrajit Mukhopadhyay

4 lesser known insurance policies to claim from if you lose a loved one to COVID-19

These are typically add-on covers. Most of them come absolutely free or with very nominal charges

SBI Life’s demand-driven approach is yielding good dividends

SBI Life Insurance’s March quarter growth is best amongst larger life insurers. Thanks to a favourable product mix, it also saw notable improvement in profitability

Are life insurers still reluctant to cover frontline COVID doctors?

Some doctors say higher value term covers are elusive and that they are made to sign additional declarations while applying for life insurance polices

How insurance companies are battling Covid-19 second wave uncertainties and impact on policyholders

Life insurance policy premiums are rising as Covid-19 second wave spreads and insurance companies struggle to price in risks. But this should not deter you from buying a life insurance policy if you need one, now

Why the rich must make life insurance an integral part of estate planning

Life insurance provides a large, tax-free sum of money to the beneficiaries

SBI Life and Max Life ride recovery, but will LIC queer the pitch in FY22?

SBI Life and Max Life outpaced life insurance industry growth in February. There are fears that LIC’s impending listing may see it become more aggressive

Five-member gang engaged in fraudulent life insurance claims by killing people held in Telangana

The prime accused, who earlier worked in a finance firm, conspired with other accused and during 2013-2017 committed at least five offences.