Life insurance companies in India reported a 13.16% year-on-year (Y-o-Y) growth in new business premium (NBP) for October 2024, collecting a total of Rs. 30,347 crore. This growth was largely…
Canara HSBC Life Insurance has announced the launch of ‘Promise4Future’ – is a non-linked, participating plan that provides policyholders with a combination of life protection and savings. The new offering…
India's life insurance sector, despite being one of the largest markets in the world by population, faces a significant challenge in terms of market penetration. With a penetration rate hovering…
India's ambitious target for universal insurance coverage by 2047 is being bolstered by the rapid growth of micro-insurance policies, particularly among underserved and low-income segments. These policies have significantly contributed…
Life insurance, often considered a complex financial product, plays a crucial role in securing the financial well-being of your loved ones after you're gone. It's a contract between you (the…
Introduction: Life insurance serves as a crucial financial tool, providing individuals and families with essential protection and peace of mind. When purchasing a life insurance policy, one of the most…
Insurance is a financial safety net that protects individuals and businesses from unforeseen risks and liabilities. While insurance companies offer this valuable service, many people wonder, how do insurance companies…
Life insurance is more than just a financial safety net; it's a tool for protecting your loved ones and securing their future. Assignments in life insurance add an extra layer…
Case Title: M Chellammal v Office of the Insurance Ombudsman Summary The Supreme Court has ruled that a proposer of a life insurance policy must disclose any pre-existing medical conditions…
Case: Branch Manager, Bajaj Allianz Life Insurance Company Ltd. vs. Dalbir Kaur [ CA 3397/2020] Summary The Supreme Court has ruled that a proposer of a life insurance policy must…