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Life Insurance Policy

Aditya Birla Sun Life Launches Savings-Oriented Life Policy With Cash Bonus Benefit

This policy provides cash bonus benefit from the end of the first policy year. Policyholder can either draw cash bonus as a regular income, or, receive the accumulated benefit on a deferred basis later on

22 September 2022

Life Insurance Corporation.

LIC Launches New Pension Plan With Retirement Income Benefit Through Annuity

LIC has come out with a new pension plan that provides retirement income through purchase of an annuity upon completion of the policy term


Edelweiss Partners With Ayushman Bharat Digital Mission To Generate ABHA Number

This partnership is aimed at empowering and enabling the people to access medical diagnosis, treatment, and financing from verified healthcare providers and payers, seamlessly across India


Life Insurers’ New Business Premia Jumps 18% On Robust Demand In August

Despite a large base, new business premia of life insurers increased by 18 per cent, indicating robust demand for life insurance

14 September 2022

Insurance

Ageas Federal’s New Life Plan Offers Regular Income At Different Goal Stages

The newly-launched savings plan offers survival benefit in the form of regular income for a fixed period of time, along with death benefit


insurance plan

Edelweiss Tokio Life Insurance Launches ‘Flexi Savings Plan’, No Minimum Entry Age

All three options under this plan provide a specific maturity benefit and death benefit. The minimum sum assured is Rs. 3.50 lakh, and the minimum monthly premium is Rs 4, 400. Premium paying term and policy term varies...

18 August 2022

Canara HSBC Life Insurance has launched a new savings-oriented life insurance policy. Named iSelect Guaranteed Future, it is an individual, non-linked, non-participating, savings and protection life insurance plan.

Canara HSBC Launches Savings-Oriented Life Plan On Digital Platform For New-Age Buyers

The new plan is targeted at new-age digital-savvy customers and comes with a host of options to choose from, including policy and premium payment term along with guaranteed sum assured as death benefit

12 September 2022

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More People Buying Insurance In The Age Group Of 18-35 Years, But Coverage Is Still Low, Says Survey

The penetration of both life and health insurance is clearly on the rise, but the amount of cover may not be enough, shows the Outlook-Toluna Independence Day Youth Survey

15 August 2022

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13 August 2022
Planning To Study Abroad? Make Sure To Get A Life Insurance Policy First

Planning To Study Abroad? Make Sure To Get A Life Insurance Policy First

An unemployed student is an unlikely candidate for a life insurance policy. But given that nowadays many of them go abroad for higher studies, a life...


14 July 2022
LIC Reports Marginal Increase In Embedded Value To Rs 5.41 Lakh Crore

LIC Reports Marginal Increase In Embedded Value To Rs 5.41 Lakh Crore

The value of new business margin for the year ended March 31, 2022 was 15.1 per cent as compared to 9.9 per cent last year


13 July 2022
Aditya Birla Sun Life Launches Savings-Oriented 'Fixed Maturity Plan'

Aditya Birla Sun Life Launches Savings-Oriented 'Fixed Maturity Plan'

The Fixed Maturity Plan is an endowment policy that provides guaranteed benefit as lump sum on maturity, and is primarily targetted at those who prefer...


12 July 2022
Canara HSBC Life Insurance’s New Policy With One-Time Premium Payment Option

Canara HSBC Life Insurance’s New Policy With One-Time Premium Payment Option

Named Guaranteed One Pay Advantage, this policy has been designed keeping in mind hassle-free and one-time premium payment option for a non-linked...


07 July 2022
Max Life’s Market-Linked Life Policy Offers Capital Guarantee, Wealth Creation Benefits

Max Life’s Market-Linked Life Policy Offers Capital Guarantee, Wealth Creation Benefits

Max Life has introduced the Smart Capital Guarantee Solution that essentially combines the features of its two existing policies – Smart Wealth Plan and...


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06 July 2022
Buying Life Insurance? Avoid These Common Mistakes

Buying Life Insurance? Avoid These Common Mistakes

There are various types of policies from which to choose. Keep an eye out for and avoid these major blunders when looking for a policy. This article will...


04 July 2022
Aegon Life’s Game Of Life Educates Consumers On Importance Of Buying Life Insurance

Aegon Life’s Game Of Life Educates Consumers On Importance Of Buying Life Insurance

Aegon Life has launched a new website where consumers get to play ‘Game of Life’ to understand importance of insurance. Website also features unique tools...


28 June 2022
National Insurance Awareness Day: 3 Common Myths About Life Insurance

National Insurance Awareness Day: 3 Common Myths About Life Insurance

There are a few common myths about life insurance. Hence, it’s important to be aware of the different benefits of life insurance and how you can use them to...


21 June 2022
Life Insurance Companies Could Soon Be Allowed To Sell Health Insurance Policies

Life Insurance Companies Could Soon Be Allowed To Sell Health Insurance Policies

IRDAI is considering a new policy guideline, which if passed, would allow life insurance companies to offer health insurance policies, too. Read below to find...


10 June 2022
After Health Insurance, IRDAI Now Extends Use & File Procedure For Life Insurance Products

After Health Insurance, IRDAI Now Extends Use & File Procedure For Life Insurance Products

Life Insurers can now launch most of their products, except for individual savings, individual pensions and annuity plans, in a timely manner according to the...


09 May 2022
Making Financial Empowerment Count This Mother’s Day

Making Financial Empowerment Count This Mother’s Day

In a world full of myriad opportunities today, women are seizing each chance to define new boundaries, set new challenges and achieve new goals. Across...


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07 May 2022
LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

RBI asks all scheduled commercial banks designated to process LIC IPO application to remain open on Sunday, May 8


14 April 2022
Insurers Look Towards Hiking Prices As Covid Subsides; Hike To Hit Consumers

Insurers Look Towards Hiking Prices As Covid Subsides; Hike To Hit Consumers

A lot of life and health insurance players are looking to raise charges that are likely to be passed on to consumers. Higher premiums may mean profitability to...


06 April 2022
New-Age Indian Consumers Want More Services From Life Insurers 

New-Age Indian Consumers Want More Services From Life Insurers 

Consumers want dedicated claims management and health and fitness apps; many are worried about mental wealth and financial security, finds a survey by Max Life...


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