Life Insurance Policy

Policies sold by public sector LIC slipped by 0.50 per cent YoY to 11.67 million, while policies sold by private life insurers grew 5.74 per cent annually to 6.82 mn

Beware of comparisons with FDs, and demand that all promises be put down in writing

The Centre has proposed exempting life and health insurance premiums from the current 18% GST; the GoM will submit its report to the GST Council, which will take the final decision

Be mindful of limited returns, low liquidity, and higher premiums than non-par plans

Axis Max Life Insurance targets 3-5% growth above industry levels in FY26, backed by strong Q1 performance. The company aims to become the third-largest private life insurer in India

Persistency is the proportion of life insurance business renewed from the business underwritten. The ratio is measured in terms of number of policies and premiums underwritten

Here are the best life insurance policies and their premiums from Policybazar for your benefit

Life insurance policy sales dropped 10.11% YoY in Q1FY26 to 4.8 million, with muted demand and new surrender value norms contributing to the decline

AU Small Finance Bank partners with LIC to distribute life insurance products across 2,456+ branches, aiming to boost financial inclusion and support the 'Insurance for All by 2047' initiative

A term insurance plan is a safe and attractive option for securing your own finances as well as your family's long into the future

He is appointed for five years from the date of assumption of charge or until he attains the age of 62 years or until further orders, whichever is earlier

Life-insurance companies in February reported an 11.6 per cent year-on-year (Y-o-Y) drop in new business premium (NBP) owing to relatively weak performance by state-owned Life Insurance Corporation

The plan features flexible maturity income payout options, including tax-free payouts for up to 40 years

Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal

While some companies are increasing rates, others are slashing them, and still others have made no change; GST changes on premium taxation may change outlook

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The life insurance companies, through the council, had sought a three-month extension from Irdai on implementing the new norms

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Centre may increase cover from the current Rs 2 lakh to Rs 5 lakh under its flagship insurance schemes ahead of the high-stakes assembly elections in three states

Life insurance stocks: While analysts laud the proposal to withdraw GST on life, medical insurance premiums, they suggest investors wait for the Finance Ministry's before taking any investment call