Wholelife insurance is the simplest way of accumulating a good corpus for the next generation slowly and gradually with no tax implications

Telecom companies are building digital revenue streams to jump into the global fray

Last year IRDA had come out with guidelines to standardise health insurance policies, which among others, mandated that all insurers have to include treatment of mental illness or psychological disorders in their health insurance policies

Rising cost of disposables and consumables has made coronavirus treatment in private hospitals really exorbitant. The COVID-19 plans are expected to provide that much-needed support

Decision has been taken to make insurance protection available to various sections of people in wake of COVID-19 pandemic; insurers are advised to devise inclusive short-term health insurance products

IRDA has made changes in health policies for more transparency in products and prices. The low-down on what the changes mean for you

Health insurance policy has one of the most complex product structures in terms of coverage and its reimbursement process. It involves many exclusions with varying conditions, which only a person with sound medical knowledge can understand completely

All participating policies inforce as of March 2020 are eligible for bonus, which will be added to their guaranteed maturity or death benefit and help get one step closer to achieving the financial goals of policyholders

The policies will, however, be subject to all limits, sub-limits, co-payments, deductibles as per the policy contract

Capital guarantee solution plans are basically ULIPs, a combination of investment and insurance. For a 10-year policy, you pay premium for five years

The coronavirus-related stock market sell-off resulted in the value of investments of LIC falling by more than Rs 1.7 lakh during the period

In the budget 2020-21, Finance Minister Nirmala Sitharaman had announced that the government is looking to sell stake in the public sector insurer via an initial public offering (IPO) during FY21

The sources said, the government will have to cut down its expected realisation from stake dilution of both LIC and IDBI Bank even if the market condition improves

In the post-corona world, people may save more and cut back on spending due to economic recession and fear that a second wave of virus may erupt resulting in more lockdowns

Insurance sector will face headwinds in Q1 FY20 due to the coronavirus pandemic, However, CARE Ratings said that insurance space will record strong performance, especially digitally going forward

A day after posting net loss of Rs 32,183 crore for FY20, Bharti Airtel said it is trying to integrate tech and telecom to build a digital platform that can stand up to the Jio Platforms-Facebook combine

The realisation, nevertheless, is coming at a time when term plans are becoming expensive. While some insurers have already hiked the premium by up to 40 per cent in April, others may do it in next few months

A cyber insurance policy protects you against identity theft, cyber bullying, cyber stalking, phishing scams and email spoofing and malware attack

On March 23 and April 4, Irdai had announced additional grace period of 30 days for policies where premium fell due in the months of March and April

Coronavirus Highlights: West Bengal recorded 153 fresh COVID-19 cases and 14 deaths in last 24 hours, its highest single-day deaths and spike in the number of new cases