Page 3 - Insurance Plans

Do your research well before buying a life insurance plan for the long run

Customers must also avoid the temptation to cash out of their policies mid-tenure, once they have gathered considerable fund value.

Life insurers find their mojo but experts sound cautionary note

Product launches will be critical for companies to sustain the momentum this financial year, especially in the term-protection segment

All you need to know about IRCTC insurance and OLA insurance policy

Two travel service providers OLA and IRCTC have come out with new plans in the health and accident insurance spaces

Non-life insurers see positive premium growth in June but Q1 sees 4% drop

Standalone private health insurers reported an impressive 42 per cent growth in premiums in June, and 15 per cent growth for the quarter

Planning to buy term insurance? Purchase before premium rises again

Ignoring it isn't an option for those who have liabilities or dependants

Irdai allows life insurers to sell short term benefit-based Covid policies

Non-life insurers can sell both, benefit-based and indemnity-based short-term health covers

Life insurance sector to see green shoots in medium to long-term: Edelweiss

With an uncertainty over cash-flows in focus, a goal-based financial planning has become a priority area for many families and insurance as a product category has seen a spurt in demand

Standard Covid-19 insurance plan to have max sum assured of Rs 5 lakh

Pricing will depend on insurers but will be cheaper than normal health covers

Insurance business insecure and uncertain as Covid-19 damage claims mount

Insurance companies around the world were sailing smoothly until late February, when markets realised Covid-19's impact. Now, is insurance secured to survive? Joydeep Ghosh explains

Insurers brace for huge claims due to Cyclone Amphan, eye aviation claims

West Bengal Chief Minister Mamata Banerjee said that the damage due to Amphan could be more than Rs 1 trillion

Covid-19 crisis: Life insurers look to hedge against policy surrenders

As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.

Life Insurers bleed in April as Covid-19 shrinks new biz premium by 33%

Market leader LIC's new business premium down 32% to Rs 3,582 cr from Rs 5,268 cr a year ago; HDFC Life, ICICI Pru among top losers in private space

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

At 2.7%, life insurance penetration in India is lower than Western & Asian peers

Coronavirus claims have not moved up significantly: Bajaj Allianz's CEO

Tapan Singhel, managing director (MD) and chief executive officer (CEO), Bajaj Allianz General Insurance, in an interview with Subrata Panda, speaks about the company's business during the lockdown.

Covid-19 impact: Motor, health segments see decline in March premiums

The motor and health segments led the decline in premiums for the industry as the month saw premium fall by 9 per cent.

Help policyholders get uninterrupted coverage: Irdai to general insurers

The non-life insurers decided to give a one-time relaxation to policyholders whose property has remained un-occupied and who are at risk of losing their coverage due to lockdown

HDFC Life reports 17% decline in pre-tax profit to Rs 284.47 cr in Q4

Net profit also declined 14% on account of loss in investment income and higher provisions.

Flipkart, ICICI Lombard offer health plan for Covid-19 with instant claim

'Covid-19 Protection Cover' provides an instant Rs 25,000 benefit plan for to the customer if he tests positive for Covid-19

With 30 days more to pay premium, make sure you don't let your policy lapse

Usually, general insurers give 30 days for health and 90 days for auto insurance policyholders to pay renewal premiums, even after the due date has passed

Irdai grants exemptions to merged banks on corporate agency matters

Irdai has said the acquiring bank can retain the existing certificate of registration (COR) to act as a corporate agent and surrender the COR's held by the acquired banks