Life Insurance

Students' term cover: Buy adequate sum insured to cover education loan

A higher amount can be taken to provide a cushion to those who are likely to become financially dependent on the student in the future

Irdai takes firm stance on insurers breaching expense management limits

Regulator's action on EOM breaches signals tighter scrutiny of operating and distribution costs, though experts expect limited short-term business impact

Why are more Indians surrendering their life insurance policies early?

More Indians are surrendering their life insurance policies before maturity — and many could be getting back significantly less than they paid.

Why more Indians are surrendering life insurance policies before maturity

Life insurance surrenders have surged, with early exits concentrated in the first two years. Why are policyholders leaving policies early despite tighter disclosure and suitability rules?

Bajaj Life Insurance's Tarun Chugh top paid life insurer CEO in FY26

Bajaj Life Insurance CEO Tarun Chugh topped India's life insurance sector with ₹33.66 crore in FY26 as Irdai tightens scrutiny of executive pay and links incentives to customer outcomes

LIC's improving growth trajectory, VNB margin expansion support outlook

LIC's value of new business rose 61.3 per cent in the June quarter as a shift towards higher-margin non-participating products supported a sharp margin expansion

Life insurers' new business premium rises 20.7% to ₹47,005 crore in July

Life insurers' new business premium rose 20.7% in July, led by strong growth in LIC's group business and steady expansion by private insurers

Ensure product suitability so you stay the course with life insurance

Low policy persistency often reflects unsuitable product choices. Careful evaluation of insurance needs, affordability and investment goals can help policyholders avoid lapses and stay invested.

Beyond policy sales: Insurance companies must prioritise customer retention

Rising life insurance policy surrenders highlight weak policy persistency, underscoring the need for reforms focused on better products, sales practices and consumer retention

Premature life policy exits surpass maturity payouts, shows govt data

Surrenders and withdrawals accounted for 39% of total benefits paid by life insurers in FY26, overtaking maturity payouts amid rising early exits from long-term policies

Canara HSBC Life guides for 22-23% VNB margin in FY27: Anuj Mathur

Canara HSBC Life plans to expand its agency network to 5,000 distributors, grow alternate channels and deepen AI adoption to drive growth and profitability

SBI Life posts 22% rise in Q1 FY27 profit on strong premium income growth

The insurer reported robust growth in annualised premium equivalent and value of new business, while its product mix continued to shift towards non-par offerings

ICICI Pru Life falls 4% despite positive Q1 show; what's weighing on stock?

ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27

Life insurers' ad expenses fell 19.16% to ₹3,211.6 crore in FY26

Private life insurers pared advertising and publicity spending amid GST changes, EoM pressures and restructuring after the loss of input tax credit benefits

Regulatory changes, valuation pressures pull down life insurers' returns

Three of India's four listed life insurers have delivered negative returns over the past five years as repeated regulatory changes, slower growth and lower valuations weighed on investor sentiment

Avoid a costly early exit: Steps before surrendering an insurance policy

Assess the policy's returns, risks and liquidity restrictions, and ensure that you can sustain the premiums throughout its term

Use short-term insurance to cover time-bound financial liabilities

They should be used as top-ups, not as the base cover for providing long-term protection to the family

Life insurers' June premium rises 13% on strong private sector growth

Life insurers' new business premium rose 13.07 per cent in June, as strong growth by private insurers offset modest gains at LIC and lifted the industry's overall performance

Amit Shah unveils plan for a cooperative life insurance company

The government plans to launch a cooperative life insurance company and expand Bharat Taxi, aiming to boost financial inclusion and deepen the cooperative model in new sectors

Life insurance policy surrenders outpaced maturity payouts: RBI report

Reflects policyholder dissatisfaction, product mis-selling, among others