by AIP Online Bureau | Feb 13, 2024 | Articles, Eco/Invest/Demography, Health, Risk Management
-Max Life’s India’s Protection Quotient (IPQ) reveals that 3 in 4 urban Indians now own life insurance, -Higher importance being ascribed to Cover and Riders while buying Term Life Insurance, -The South Zone most financially prepared; West India has the highest...
by AIP Online Bureau | Dec 27, 2023 | Indian News, Life, Regulation
During 2022-23, the life insurance industry recorded premium income of Rs 7.83 lakh crore registering 12.98 per cent growth De-growth of 2.21 per cent in the number of new policies issued Benefits paid on account of surrenders /withdrawals increased by 25.62 per cent...
by AIP Online Bureau | Dec 14, 2023 | Eco/Invest/Demography, Indian News, Regulation
According to a draft released Wednesday, the Insurance Regulatory and Development Authority has proposed a much higher surrender value on non-par insurance products and made a few changes in the way surrender charges have been calculated. Now, there will be a premium...
by AIP Online Bureau | Oct 15, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Pension & Social Security, Policy
K Chandrasekhar Rao,BRS chief and Telangana Chief Minister 93 lakh families living below the poverty line (BPL) in the state would be provided life insurance cover of Rs five lakh and that the government would bear the cost of the premium. Social security pension,...
by AIP Online Bureau | Aug 28, 2023 | Health, Indian News, Life, Non-Life
`JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with...
