Insurance expert Nikhil Jha, in a social media post, noted that policyholders should only go for term insurance as it’s pure protection — no returns, no gimmicks, just solid financial security for your dependents if something happens to you.
With growing interest in the F.I.R.E. (Financial Independence, Retire Early) movement, many are balancing present-day needs with a long-term view, 18% are already considering retirement and pension plans.
Recent geopolitical tensions between India and Pakistan raise questions about insurance coverage for war-related losses, with significant implications for property, life, and business assets.
ICICI Lombard and ManipalCigna have introduced comprehensive maternity insurance plans covering prenatal, delivery, and newborn care, ensuring financial protection for young families.
When it comes to life insurance, policyholders can choose from options that offer guaranteed savings, market-linked returns, or pure risk cover. From savings plans and ULIPs to term insurance, each product serves a different financial goal based on your risk appetite and protection needs.
As per Bajaj Allianz Life, the FY25 bonus will be applicable to traditional participating policies that are active as of March 31, 2025. The eligible plans include Bajaj Allianz Life Ace, Bajaj Allianz Life Ace Advantage, and Bajaj Allianz Life Elite Assure.
With healthcare costs steadily rising and age-related ailments becoming more common, timely health insurance not only provides access to quality treatment but also shields your family from financial strain. The co-payment, typically ranging between 10% to 30%, is a set percentage of the claim amount that the insured is responsible for paying out of pocket.
ULIP Plus is structured to provide an impressive level of protection, ensuring nominees receive the greater of the fund value or the base sum assured, with a guaranteed minimum payout of 105% of total premiums paid. The plan further includes top-up benefits to boost overall coverage and fund growth.
As a 36-year-old single mother, you carry the important responsibility of being both the provider and protector for your daughter and parents. Choosing the right term insurance plan is a vital step toward securing their financial future and ensuring they remain protected, no matter what life brings.
Progressive insurance solutions are also beginning to explore avenues beyond pure treatment. Wellness programs and access to health resources that educate employees on preventive measures, such as vector control, can contribute to a healthier workforce.
In a statement issued on social media, LIC Managing Director and CEO Siddhartha Mohanty said, “LIC of India expresses deep grief over the death of innocent citizens at Pahalgam and has announced special concessions to settle the Death Claim of the deceased, at the earliest. LIC of India stands firmly with the aggrieved family in their moments of grief.”
In India, health insurance plans are now extending coverage to alternative treatments, including Ayurveda, Homeopathy, Unani, Siddha, and Yoga, collectively referred to as AYUSH treatments. This shift follows the endorsement of their inclusion by the IRDAI guidelines set forth in 2024.
These wellness programs typically reward individuals for engaging in health-promoting activities, which can include regular exercise, routine check-ups, and participation in health screenings
Most maternity policies impose a waiting period of 3 months to 3 years, meaning you cannot claim expenses during this time.
Health insurance provides crucial financial protection for you and your family during medical emergencies, helping manage expenses without depleting savings or requiring loans or crowdfunding.
GOQii's India Fit Report 2025 reveals a national healthcare crisis with soaring costs affecting millions. 60% call for stronger government regulation, while 71% report skyrocketing expenses. Preventive care and wellness-linked insurance plans show promise.
Multi-year health insurance policies are long-term plans that offer coverage for a 3 to 5-year period under a single premium payment or structured payment schedule.
The report also stated that Indians continue to favor traditional financial instruments such as gold, fixed deposits, insurance-linked savings schemes, and real estate.
Flipkart has been slapped with a Rs 1.06 crore penalty from the Insurance Regulatory and Development Authority of India (IRDAI) for improperly redirecting insurance customers.
The Ministry of Health & Family Welfare mandates CGHS cards for employees with deducted contributions, ensuring access to health benefits regardless of application status.
Health insurers introduce significant discounts on premiums for NRIs, addressing high premium concerns and incentivising low-claim profiles.