Things to Check Before Buying a Term Plan Online
Buying a term plan online is undoubtedly a smart move, since it will help you financially safeguard your family in case something happens to you. Who wants their loved ones…
Editorial – IT February 2025
As Budget 2025 approaches, the insurance industry is looking forward to reforms that can address critical gaps, promote financial inclusion, and drive growth in this vital sector. Here are some…
How Term Insurance Ensures Financial Stability for Your Family?
Life is uncertain, but securing the financial future of your family is not as difficult as it could seem. Term insurance for family is one of the simplest and most competitively…
From the Editors Desk _ Dr. Rakesh Agarwal
Parametric Insurance – Revolutionizing Risk Coverage in India India’s insurance industry is undergoing a transformation with the rise of parametric insurance, a solution that simplifies risk coverage and offers quick…
Interview with Alok Rungta MD & CEO Future Generali India Life Insurance
"The life insurance landscape in India has been undergoing a dramatic transformation, driven by changing consumer preferences, advancements in technology, and evolving regulatory frameworks" About Alok Rungta A seasoned Chartered…
Issues Concerning Enhancement of Life Insurance Density in India
1. Introduction Insurance industry plays a pivotal role for the socio-economic development of a country. The life insurance market in India has recorded a consistent premium growth over the years.…
Life Insurers Report 13% Growth in New Business Premiums for October Despite Decline in Policies Sold
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 unveils new plan combining life protection and wealth creation
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…
How various insurtech startups are addressing the challenge of low market penetration in the Indian Life insurance sector
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…
Micro Policies Keep India’s Push for Insurance Coverage on Track
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…