Insurance

The sharp rise in accident risk after sunset is driven by reduced visibility, driver fatigue, higher speeds and increased chances of distracted or impaired driving.

Updated : Jun 24, 2026

India's deadliest driving hour is between 9 PM and 10 PM, new road safety report finds

Driving after 9 PM could be significantly riskier than any other time of the day in India, according to a new telematics-based road safety study. The report found that driving behaviour deteriorates sharply after dark, making the 9 PM–10 PM slot the country's most dangerous hour on the road.

According to ICICI Lombard, the matter relates to multiple MVC claims where investigators identified a recurring pattern suggesting possible manipulation of accident compensation cases.

Updated : Jun 24, 2026

Motor insurance fraud: ICICI Lombard flags suspected Karnataka racket, FIR registered against 9 individuals

ICICI Lombard has reported the registration of an FIR against nine individuals in Karnataka after uncovering an alleged motor insurance fraud network involving suspicious accident compensation claims. The insurer's investigation found recurring patterns across multiple cases, including alleged fabrication of accident details and misuse of insured vehicles to seek compensation.

The report found a sharp gap in customer satisfaction, with cashless claims scoring 86.7 out of 100 compared with 73.7 for reimbursement claims.

Updated : Jun 24, 2026

Cashless claims deliver better experience than reimbursement claims, finds report on health insurance

Cashless health insurance claims offer a significantly better experience for Indian policyholders than reimbursement claims, according to Policybazaar's inaugural Health Claims Experience (HCX™) Index.

Bharat Maritime Insurance Pool (BMIP) — launched recently could come to rescue in future for Indian seafarers

Updated : Jun 19, 2026

BT Explainer: How Bharat Maritime Insurance could protect Indian seafarers in conflict

The recent killings of Indian seafarers in the US strikes on commercial ships in the Gulf have drawn attention to European Protection & Indemnity (P&I) Clubs, and renewed debate over whether an indigenous insurance framework could facilitate rapid financial relief for the affected families.

According to the post, the family's ₹65,000 health policy claim was allegedly challenged after the brother's five-day hospital stay.

Updated : Jun 19, 2026

'Just normal fever...': Viral post on hospitalisation claim rejection triggers debate on health insurance

A woman's allegation that a health insurer rejected a claim for a five-day hospitalisation has sparked a heated debate on social media, with users sharing their own experiences with claim settlements. The viral post has reignited concerns over transparency and the gap between policy promises and claim outcomes.

The policyholder holds all rights and responsibilities under a life insurance policy, including the authority to change details such as nominations.

Updated : Jun 16, 2026

Separated from spouse? What happens to your life insurance policies and child plans

Separation does not automatically cancel life insurance policies, but your rights and benefits depend largely on who owns the policy. Experts say reviewing policy ownership, nominations and premium responsibilities is crucial to protecting your and your children's financial interests.

The average proportion of patients with abnormal results across the eight biomarkers rose from 9.4% in October 2025 to 10.6% in February 2026.

Updated : Jun 16, 2026

Could heatwaves be silently affecting your health? Data from 22,167 checkups offer these clues

Abnormal dehydration and blood biomarkers surged during the March-May heatwave period, with low magnesium levels rising 219% compared with winter months.

Term insurance should be planned like any long-term financial goal, with experts generally recommending coverage equivalent to 10-15 times an individual's annual income.

Updated : Jun 12, 2026

Is ₹1 crore enough? Why urban families may need ₹1.5 crore or more in term insurance

Rising living costs, medical inflation and growing financial responsibilities are changing how much life insurance Indian families need. According to Tata AIA Life Insurance, a ₹1 crore term cover may no longer be sufficient for many urban households, with ₹1.5 crore increasingly emerging as the new benchmark.

Financial liabilities do not automatically disappear upon a borrower's death. In certain circumstances, creditors can seek recovery from assets forming part of the deceased person's estate.

Updated : Jun 8, 2026

Your life insurance may not go to your family if you have outstanding loans. Here's why

Many Indians buy life insurance believing the death benefit will automatically secure their family's future. However, experts warn that if the policyholder dies with unpaid loans or personal guarantees, creditors may have a legal claim on the insurance proceeds unless adequate safeguards are in place.

Under current EDLI rules, the benefit is calculated based on the employee's salary, subject to prescribed limits.

Updated : Jun 5, 2026

How to ensure your family receives up to ₹7 lakh under EPFO's EDLI insurance scheme

EPFO members are entitled to a life insurance cover of up to ₹7 lakh under the Employees' Deposit Linked Insurance (EDLI) scheme at no extra cost. However, keeping e-nomination and personal records updated is crucial to ensure families receive the benefit without delays.

India's insurance market grew 9.4% in 2025, with premium income rising to ₹13.96 lakh crore ($145.9 billion) from ₹12.76 lakh crore a year earlier.

Updated : Jun 3, 2026

India set to be world's fastest-growing insurance market, premiums seen tripling by 2036: Report

India's insurance market is expected to be the fastest-growing among major global markets over the next decade, driven by rising protection needs, healthcare costs and regulatory reforms. Despite strong growth, low insurance penetration continues to offer significant headroom for expansion across life, health and general insurance segments.

The government has asked platform companies to link worker data with the e-Shram portal by June 22 to enable welfare benefits.

Updated : May 29, 2026

Accident cover to pension: What govt's social security push means for gig workers

The government is moving to extend social security benefits such as accident insurance, health coverage, maternity support and old-age protection to India's growing gig workforce. Platform companies have also been asked to integrate worker data with the e-Shram portal before the June 22 deadline to enable seamless

Despite the rapid EV growth story, petrol vehicles continue to dominate India’s insured vehicle mix with a 68.3% share, followed by diesel vehicles at 24.7%.

Updated : May 22, 2026

EV insurance saw explosive growth of 670% in FY26; Maharashtra leads adoption trend

India’s electric vehicle insurance market witnessed extraordinary growth in FY26, reflecting rising EV adoption and changing mobility preferences. A Policybazaar report showed EV insurance policies surged 670%, making it the fastest-growing segment in the motor insurance sector.

IRDAI proposes that salaries of insurance CEOs should be linked with customer outcomes

Updated : May 19, 2026

Link salaries of insurance firm CEOs with customer outcomes: IRDAI

Currently, compensation structures are largely tied to revenue, profit, and shareholder returns. IRDAI noted that these have failed to capture the long-term value created through positive customer outcomes.

Bajaj Life said customers can obtain life cover of up to ₹2 crore without a physical medical examination, simplifying onboarding.

Updated : May 15, 2026

What does Bajaj Life Smart Secure ROP offer for insurance buyers?

Bajaj Life Insurance has launched Smart Secure ROP, a new plan that combines life protection with market-linked wealth creation and return-of-premium benefits.

Traditional retirement plans often focus on accumulating wealth through fixed deposits, mutual funds, pensions or other investments.

Updated : May 15, 2026

BT Explainer: How can joint life annuities help couples secure lifetime income?

As Indians live longer and retirement expenses continue to rise, ensuring a stable income after employment has become a critical financial priority. Joint life annuities are emerging as a retirement solution designed to provide couples with guaranteed income and long-term financial security.

The savings generated through NCB can become substantial over time, especially for vehicles with higher own-damage premiums.

Updated : May 13, 2026

Claim-free year can mean years of savings: Everything you need to know about no claim bonus

A claim-free year in car insurance can lead to substantial long-term savings through the No Claim Bonus (NCB), which reduces renewal premiums for careful drivers. Experts say understanding how NCB works can help policyholders decide when filing a claim is financially worthwhile.

The government said JANANI has already recorded over 1.34 crore beneficiary registrations, including more than 30 lakh pregnant women and over 30 lakh digital MCH cards generated.

Updated : May 10, 2026

Mother’s Day: What is Janani? All about India’s new maternal and child healthcare digital push

The platform was unveiled during the National Summit on Innovation and Inclusivity and is being positioned as an upgraded version of the government’s existing Reproductive and Child Health (RCH) portal.

The trends show global uncertainty is pushing Indians toward nearby destinations and higher insurance cover, though many still remain underinsured.

Updated : May 8, 2026

Is geopolitical uncertainty driving more Indians to buy travel insurance in 2026?

International travel insurance adoption among Indian travellers rose 22% YoY in 2026, according to Policybazaar.com. Yet, nearly 82% of Indian outbound travellers still skip travel protection, highlighting a major awareness gap.

Routine or preventive check-ups are not included, as travel insurance is meant for unforeseen medical needs during the trip.

Updated : May 8, 2026

Does travel insurance cover weather-related illness during foreign trips with children?

A sudden fever or viral infection during an overseas family holiday can quickly turn stressful, especially when travelling with children. Experts say comprehensive travel insurance can cover doctor consultations and medical treatment abroad, but policy terms matter.

The insurer also reported a major profitability milestone during the financial year, with its Value of New Business (VNB) turning positive for the first time.

Updated : May 6, 2026

Bharti AXA Life Insurance reports 44% growth in new business premium in FY26

Bharti AXA Life reported significant growth in its group business segment, led by strong traction in the Group Term Life (GTL) business. The company maintained a solvency ratio of 191% during FY26, comfortably above the Insurance Regulatory and Development Authority of India’s (IRDAI) minimum regulatory requirement of 150%.

Insurance

India's deadliest driving hour is between 9 PM and 10 PM, new road safety report finds

Motor insurance fraud: ICICI Lombard flags suspected Karnataka racket, FIR registered against 9 individuals

Cashless claims deliver better experience than reimbursement claims, finds report on health insurance

BT Explainer: How Bharat Maritime Insurance could protect Indian seafarers in conflict

'Just normal fever...': Viral post on hospitalisation claim rejection triggers debate on health insurance

Separated from spouse? What happens to your life insurance policies and child plans

Could heatwaves be silently affecting your health? Data from 22,167 checkups offer these clues

Is ₹1 crore enough? Why urban families may need ₹1.5 crore or more in term insurance

Your life insurance may not go to your family if you have outstanding loans. Here's why

How to ensure your family receives up to ₹7 lakh under EPFO's EDLI insurance scheme

India set to be world's fastest-growing insurance market, premiums seen tripling by 2036: Report

Accident cover to pension: What govt's social security push means for gig workers

EV insurance saw explosive growth of 670% in FY26; Maharashtra leads adoption trend

Link salaries of insurance firm CEOs with customer outcomes: IRDAI

What does Bajaj Life Smart Secure ROP offer for insurance buyers?

BT Explainer: How can joint life annuities help couples secure lifetime income?

Claim-free year can mean years of savings: Everything you need to know about no claim bonus

Mother’s Day: What is Janani? All about India’s new maternal and child healthcare digital push

Is geopolitical uncertainty driving more Indians to buy travel insurance in 2026?

Does travel insurance cover weather-related illness during foreign trips with children?

Bharti AXA Life Insurance reports 44% growth in new business premium in FY26

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