Insurance

More than half of the customers in the study had at least one chronic illness, making preventive care crucial for controlling long-term medical costs.

Updated : Mar 24, 2026

₹1.72 saved for every ₹1 spent? Study shows prevention sharply cuts insurance claims

According to the report, every additional coaching interaction helped reduce preventable claim costs by an average of ₹668, indicating that consistent engagement plays a key role in lowering healthcare expenses.

India’s health insurance market is expected to expand rapidly due to rising healthcare costs, increasing awareness and wider coverage, making the sector attractive for investors.

Updated : Mar 21, 2026

41% surge in health insurance complaints raises concerns over service quality, investor risk in sector

The report found that complaints in the general and health insurance segment rose 41% year-on-year in FY25 to 1,37,361, compared with 97,503 in FY24.

PCOS is a long-term but highly manageable condition, and choosing the right health insurance plan early in life creates a strong safety net.

Updated : Mar 14, 2026

I have PCOS and want health insurance: Will it be treated as pre-existing and have waiting period?

If you have PCOS and are planning to buy health insurance, here’s how insurers treat it as a pre-existing condition and what waiting period may apply.

Households are increasingly using life insurance as a long-term wealth and stability tool, supported by higher survival benefits, strong persistency, and rising demand for annuity and pension products.

Updated : Mar 14, 2026

Life insurance now about retirement, savings, not just death cover, says Kamlesh Rao of IAC-Life

Experts say the industry is seeing a structural shift towards savings-linked and income-generating products, even as awareness about pure protection plans remains low compared to global standards.

Roinet Kavach is built as a multi-insurer digital platform that allows POSPs to generate quotes, compare premiums and issue policies within minutes using a mobile-first interface.

Updated : Mar 11, 2026

Roinet bets on rural motor insurance with Kavach platform, expects 3X growth in 12 months

Roinet said it is leveraging its network of over 70,000 rural touchpoints to expand insurance access, with nearly 65% of customers being first-time policyholders. Early demand has been strongest in Uttar Pradesh, Bihar, Rajasthan, Maharashtra, Tamil Nadu, and several North-Eastern states.

The report said the industry’s individual weighted received premium (WRP) grew about 21% year-on-year in February, marking a sharp improvement from the single-digit growth seen in the previous month.

Updated : Mar 10, 2026

Life insurance industry grows over 20% in February; LIC outpaces private insurers: Report

LIC continued to outpace the private sector, reporting around 23% growth, compared with roughly 20% growth for private insurers, extending its lead for the third consecutive month. Among private insurers, Canara HSBC Life Insurance was the fastest-growing player with over 60% growth.

Bitcoin continues to dominate as the primary entry asset for new investors, followed by Ethereum and other major tokens such as Polygon, Solana, Cardano and XRP.

Updated : Mar 7, 2026

Women crypto investors surge 116%; 62% plan to invest within the next year

Data released by crypto exchange CoinDCX shows that the number of women crypto investors in India grew by 116.8% in the latest annual growth cycle, highlighting a structural shift in how women are engaging with digital assets.

5% of affluent buyers are now choosing policies worth ₹5 crore or more — an indicator that high-value protection is gradually moving toward the early mainstream in wealthy portfolios.

Updated : Feb 27, 2026

Younger HNIs drive Rs 3 cr+ term covers, salaried opt Rs 2 cr as market grows 45% YoY

The data shows that ₹3 crore cover bookings have risen 45% year-on-year, reflecting rising appetite for large-ticket protection among younger buyers. On average, HNIs are opting for ₹2 crore covers, compared with ₹1 crore among non-HNIs.

Before finalising a plan, parents should check waiting periods and ensure the sum insured is sufficient for ICU stays and major procedures.

Updated : Feb 23, 2026

Indemnity or benefit plan: How can I ensure my child’s health insurance plan covers emergencies, surgeries, and unexpected medical conditions?

Choosing the right health insurance plan for your child requires more than comparing premiums. Parents must evaluate coverage depth, waiting periods, emergency benefits and claim conditions to ensure financial protection during unforeseen medical events.

With Pay-Later, you can defer the payment, stay insured, and clear the pending amount once things settle.

Updated : Feb 21, 2026

How pay-later feature keeps your life cover active even during financial stress

Skipping a premium can have serious consequences. A lapsed life insurance policy means loss of coverage, and reinstating it later may involve medical underwriting, revised premiums, or forfeiture of certain accumulated benefits.

Experts say even insured patients are not immune to financial strain. Industry data show rising claim ratios for health insurers, partly attributed to higher hospitalization bills

Updated : Feb 21, 2026

Why many patients leave hospitals financially drained: The rising cost of healthcare explained

Hospitalisation in India is increasingly becoming a financial shock for families, even for those with health insurance coverage. Rising healthcare inflation, complex billing practices and structural shifts in hospital ownership are driving costs higher at discharge.

Under the scheme, subscribers will have an option to withdraw up to 25% of their own contributions in the scheme for medical expenses through the Apollo 24|7 platform across the country

Updated : Feb 20, 2026

Can NPS also support medical expenses? ICICI Pension Funds tests waters with Swasthya Equity Plus

The ICICI PF NPS Swasthya Equity Plus scheme is a tie up with Apollo Health Co and will be offered as a proof of concept under PFRDA's regulatory sandbox framework.

Annual premiums for Indian health insurance typically range between $120 and $300, compared with $2,000 to $3,000 for comparable coverage in the Gulf.

Updated : Feb 17, 2026

NRI health insurance purchases jump 126% YoY; Gulf countries account for half of demand: Report

The report noted the growth has been driven by the rapid adoption of AI-enabled tele-medical check-ups, digital-first onboarding and regulatory changes such as the removal of GST on select NRI health policies.

Updated : Feb 12, 2026

RBI proposes full refunds and stricter rules on mis-selling and dark patterns in financial product sales

The Reserve Bank of India has proposed sweeping new rules to curb mis-selling and deceptive digital practices in financial product sales. The draft norms mandate full refunds for mis-sold products and stricter checks on dark patterns to strengthen consumer protection.

Currently, meaningful tax incentives for insurance remain concentrated in the old tax regime.

Updated : Jan 31, 2026

Budget 2026 expectations: Insurance industry seeks tax deductions, ITC fix, new-regime parity

Union Budget: Industry leaders contend that a more neutral and comprehensive tax framework could significantly lift insurance adoption by encouraging households to prioritise protection alongside savings. Extending tax incentives to the new regime, they argue, would remove distortions between annuity, pension and other long-term financial products, allowing consumers to make choices based on need rather than tax arbitrage.

Rising out-of-pocket healthcare costs are straining Indian households, strengthening the case for an employer–employee health insurance framework aligned with a changing workforce.

Updated : Jan 30, 2026

Budget 2026: Insurance sector looks to policy clarity, digital push to deepen coverage

As the Union Budget 2026 approaches, the insurance sector is looking for policy clarity to convert recent legislative reforms into wider coverage and deeper penetration. Industry stakeholders believe targeted Budget measures can strengthen risk protection, financial inclusion and economic resilience.

Subscribers will be allowed to make partial withdrawals to cover medical expenses, subject to a limit of 25 per cent of their own contributions.

Updated : Jan 27, 2026

NPS Swasthya Pension Scheme: PFRDA launches scheme on pilot basis under regulatory sandbox

The NPS Swasthya Pension Scheme has been structured as a contributory pension product focused on meeting outpatient and inpatient medical expenses. It will function as a sector-specific scheme under the Multiple Scheme Framework (MSF) and will be offered voluntarily to Indian citizens.

SBI Research has recommended key reforms on tax incentives, claims settlement reforms and stronger risk management to support long-term growth.

Updated : Jan 27, 2026

Budget 2026: SBI Research seeks tax breaks, reforms to boost insurance penetration

One of its key proposals is the introduction of a separate tax deduction for term life and health insurance, on the lines of the additional deduction available for the National Pension System.

Experts said the insurance industry is at an inflection point following last year’s reforms, including the GST exemption on health insurance policies and stricter time-bound cashless claim norms.

Updated : Jan 23, 2026

Budget 2026: Life and general insurers pitch reforms to deepen coverage, boost affordability

As the Union Budget 2026 draws closer, life and general insurers are calling for targeted fiscal and structural reforms to make insurance more affordable and accessible. Industry leaders say tax parity, digital infrastructure and climate-risk frameworks are essential to deepen coverage and accelerate progress toward the goal of Insurance for All by 2047. The sector is looking to the Budget to convert recent reforms into measurable gains in penetration and protection.

Regulatory authorities have consistently highlighted mis-selling as a persistent concern in the life insurance sector.

Updated : Jan 20, 2026

Early exits overtake maturity payouts as mis-selling concerns rise in life insurance sector, shows RBI data

According to the RBI’s Financial Stability Report 2025, overall life insurance payouts have expanded substantially, rising from about Rs 4 lakh crore in 2020–21 to Rs 6.3 lakh crore in 2024–25.

Government-led reforms of the dominant public sector insurance segment are expected to play a critical role in shaping pricing and profitability trends.

Updated : Jan 19, 2026

Robust economic growth, digitisation to drive India's insurance premium expansion: Moody’s

Moody’s also highlighted the positive impact of the Goods and Services Tax (GST) exemption on individual life and health insurance policies, which is expected to make products more affordable, boost demand and improve insurance penetration.