by AIP Online Bureau | Mar 30, 2026 | Articles, Eco/Invest/Demography, Life
Out of the total benefits paid, ₹2.33 lakh crore has been on account of withdrawals and surrender, an increase of 1.77% over last year. Since persistency ratios remain robust, it signifies planned lifecycle exits.,said Kamlesh Rao, chairperson, Insurance Awareness...
by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
Taking cognisance of the complaint, the bench of the Commission headed by Priyank Kanoongo has issued a notice to Insurance Regulatory and Development Authority of India (IRDAI), directing it to take appropriate action in this matter and submit a response to the...
by AIP Online Bureau | Jan 11, 2026 | Articles, Life, Wealth Management/ Philanthropy
Many youngsters postpone this decision, assuming it’s something to worry about later, when they are married, have kids, or ticking off other conventional life boxes. But unforeseen events, be it untimely demise, health setbacks, or sudden family responsibilities,...
by AIP Online Bureau | Dec 22, 2025 | Data, Life
Growth has been supported by increasing demand for group insurance, product innovation, personalised offerings, and stronger distribution networks, especially in individual insurance. New Delhi:The number of people covered by life insurance in India has risen sharply...
by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Life, Policy
Ratnakar Patnaik,managing director,LIC, appealed to the government for a review into the three-year-old policy of taxing maturity proceeds for policies with premium of over Rs 5 lakh. “Is it time to upgrade or revise upwards to up to Rs 10 lakh, the maturity...
