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Page 16 - Life Insurance

Covid-19 crisis: Insurers cannot decline death claim settlements

All life insurers, both public and private, are committed to process any death claim pertaining to COVID-19 at the earliest,the Council said in a statement

Covid-19 crisis: Insurers cannot decline death claim settlements
Updated On : 06 Apr 2020 | 3:58 PM IST

Life insurance policyholders get 30 days more to pay premium amid lockdown

Irdai has already provided additional time for payment of renewal premium in case of health insurance policies and motor third party insurance.

Life insurance policyholders get 30 days more to pay premium amid lockdown
Updated On : 05 Apr 2020 | 4:08 PM IST

What's a critical illness rider? Expert answers all your insurance queries

Life insurance riders are additional benefits over a primary policy, which come into play in case of a specific eventuality

What's a critical illness rider? Expert answers all your insurance queries
Updated On : 25 Mar 2020 | 10:33 PM IST

Irdai extends premium renewal period by 30 days as lockdown continues

Life Insurance Corporation has offered relaxation to policyholders on payment of premiums due on inforce policies up to April 15

Irdai extends premium renewal period by 30 days as lockdown continues
Updated On : 23 Mar 2020 | 11:16 PM IST

Flipkart partners with Aegon to sell quick-access life insurance policies

With instant life insurance cover through a digital policy as its core value proposition, such policies do not require medical tests or paperwork.

Flipkart partners with Aegon to sell quick-access life insurance policies
Updated On : 16 Mar 2020 | 2:52 PM IST

Effective tax rate to rise for life insurance companies with DDT removal

Dividend income holds a significant share in the profit before tax of a life insurance company, of 24-37 per cent in 2018-19, it is estimated

Effective tax rate to rise for life insurance companies with DDT removal
Updated On : 05 Feb 2020 | 1:53 AM IST

Budget 2020: LIC listing, IDBI Bank stake sale tops FM Sitharaman's agenda

Budget 2020: LIC listing, IDBI Bank stake sale tops FM Sitharaman's agenda

Budget 2020: LIC listing, IDBI Bank stake sale tops FM Sitharaman's agenda
Updated On : 02 Feb 2020 | 12:17 AM IST

LIC Housing Q3 profit marginally falls to Rs 602 cr on high provisioning

The consolidated income in the third quarter of 2019-20 rose to Rs 5,006.12 crore, from Rs 4,465.76 crore in same period year ago

LIC Housing Q3 profit marginally falls to Rs 602 cr on high provisioning
Updated On : 30 Jan 2020 | 8:22 PM IST

Money-saving tips: Here are five ways to lower life insurance premium

It is necessary to have a policy. But it need not be a burden on your budget

Money-saving tips: Here are five ways to lower life insurance premium
Updated On : 22 Jan 2020 | 11:01 PM IST

December updates indicate good health of life insurers, stocks rally

The 11-22 per cent increase in premium income, new offerings and push towards protection products are important drivers

December updates indicate good health of life insurers, stocks rally
Updated On : 13 Jan 2020 | 11:21 PM IST

Need cost-effective products for lower-middle class: LIC chairman

LIC chairman said although life insurance had been one of the fastest-growing sectors in India, the vast uninsured population and market potential put the achievement of insurance players in the shade

Need cost-effective products for lower-middle class: LIC chairman
Updated On : 11 Jan 2020 | 2:53 AM IST

Want to start building retirement corpus early? Use these expert tips

If you are risk tolerant, adopt an aggressive investment strategy and invest in market-linked funds

Want to start building retirement corpus early? Use these expert tips
Updated On : 08 Jan 2020 | 10:13 PM IST

Life insurance to investment: Expert answers all financial planning queries

Should you start investing in LIC's child plan for your daughter ?

Life insurance to investment: Expert answers all financial planning queries
Updated On : 01 Jan 2020 | 9:50 PM IST

At 10:1, life insurance agents outmatch mutual fund distributors

There are only 220,217 MF distributors compared to 2.1 million insurance agents

At 10:1, life insurance agents outmatch mutual fund distributors
Updated On : 01 Jan 2020 | 2:02 AM IST

Small-ticket insurance brings feel-good factor, but not adequate coverage

But in terms of sum assured or scope of coverage, the products are unlikely to meet your needs

Small-ticket insurance brings feel-good factor, but not adequate coverage
Updated On : 25 Dec 2019 | 12:26 AM IST

Fix the holes in your investments and insurance plans ahead of the new year

Make changes where required so that your investment and insurance portfolio are equipped to meet the rigours that 2020 may have to offer

Fix the holes in your investments and insurance plans ahead of the new year
Updated On : 22 Dec 2019 | 10:03 PM IST

Women's share in life insurance policies is 36% in FY19: Irdai report

The share of women in terms of number of policies is 36%, higher than what it was in FY18 at 32%

Women's share in life insurance policies is 36% in FY19: Irdai report
Updated On : 20 Dec 2019 | 12:59 AM IST

SBI sees strong value addition from subsidiaries, SBI Cards top contributor

The rising awareness of life insurance as a protection product is giving strong traction to the sector

SBI sees strong value addition from subsidiaries, SBI Cards top contributor
Updated On : 08 Dec 2019 | 10:40 PM IST

Robust outlook for life insurance companies but valuations extremely pricey

Good growth in high-margin products, persistency and reach augur well; risk-averse investors could buy the dips

Robust outlook for life insurance companies but valuations extremely pricey
Updated On : 18 Nov 2019 | 1:44 AM IST

SBI Life, ICICI Pru Life to enter MSCI India index. What should you do?

SBI Life touched a life-time high of Rs 1,030 per share on October 30, 2019, while ICICI Pru Life hit a record high on November 8, 2019.

SBI Life, ICICI Pru Life to enter MSCI India index. What should you do?
Updated On : 11 Nov 2019 | 10:20 AM IST