Convert policies into 'paid-up' if internal rate of return is below promised levels
Share of protection at 17 per cent in Q2 was its best-ever performance
In the April - November period of FY21, NBP of life insurers declined by 1.5 per cent to Rs 1.66 trillion, as against Rs 1.69 trillion in the same period last financial year
T L Alamelu says health insurers need to address trust deficit; regulator has tried to standardise areas of concern such as definitions, pre-existing diseases, among others
Those who don't have comprehensive health cover may consider a Covid-specific policy
Facility has been allowed for pure risk products, is available till next March
Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4% VNB margin I-Pru Life surprises investors
All insurers to offer the product from January 1, 2020
In the segment, life insurers are able to give better post-tax returns than fixed deposits, Chugh said
New business premiums of life companies rose 26% in September, with LIC leading the way
Growth challenges coupled with pricing issues and recent stock market rally doesn't bode well
While demand for insurance, especially protection products, has gone go up, affordability is an issue
Prime Minister Narendra Modi's government is keen to go ahead with the initial public offering -- potentially India's biggest -- to help plug a widening budget gap.
To avoid losing protection cover, explore the option of taking a loan against it
Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic
Private insurers, 23 in all, amassed NBP of Rs 7,815 cr in July, up 26% from Rs 6,197 cr a year ago
The regulator further said there will be a mandatory 30-day free look period for all such electronic policy documents
Cases growing fastest in India, how vaccine nationalism threatens to block recovery, and how schools can make up for the lost time-roundup of news on how India is dealing with the pandemic.
The term insurance ownership was highest across different categories of life insurance products, with 41 per cent metro respondents owning term products