Why the homemaker needs life insurance
Traditional insurance wisdom has long dictated that a person without an income does not need a life cover. This is because life insurance is meant to replace the income of…
Insurance Case laws for October 2026
Giasi Ram and another versus ICICI Lombard General Insurance Co and others Summary The Supreme Court has ruled that the multiplier should be calculated according to the age of the…
Legal Briefs for October 2026
Recent Legal Decisions in Insurance Recent judgments of the Supreme Court and various High Courts have addressed important issues ranging from fraudulent fire insurance claims and the evidentiary value of…
New Product Launches for October 2026
LIC Launches Bima Platinum with Guaranteed Income and Protection Benefits Life Insurance Corporation of India has introduced LIC's Bima Platinum, a non-linked, non-participating individual savings plan designed to combine life…
Recalibrating Economics of Insurance Distribution: Will Lower Distribution Costs Deliver Better Insurance Outcomes?
An Analytical Case Study of IRDAI's Proposed Distribution Reforms India's insurance industry has spent years debating how to increase penetration, improve customer trust and make distribution economically sustainable. The Insurance…
DOs and DON’Ts Before Filing a Complaint with the Insurance Ombudsman
The Insurance Ombudsman provides policyholders with a relatively simple, cost-effective and impartial mechanism for resolving insurance grievances without immediately approaching a court or consumer forum. Complaints may relate to personal…
The Lump-Sum Problem – Where Insurance Sales Actually Break Down
The Payment Moment Nobody Modernised Ask any insurance agent in India what kills a sale, and the answer is rarely the product. It's the payment. A customer understands the value…
The Dilemma of Bhang
A friend of mine was admitted to a reputed corporate hospital in Dehradun in 2025. On the eve of Maha Shivratri, he visited a nearby temple and ate the Prasad…
Motor Insurance in the E20 Era
Abstract: The advent of E20 fuel in India is bringing in some complex issues regarding motor insurance. Switching to E20 fuel is posing new challenges for motor insurance in India.…
India’s Insurance Opportunity Is Not Just About Selling More Policies. It Is About Building a Culture of Protection.
Every growing economy eventually reaches a point where prosperity creates a new question: how do we protect what we are building? India is approaching that moment. As household incomes, aspirations…