Page 20 - Life Insurance

When should one buy a life insurance term plan? Expert answers all queries

It is best to purchase a term plan early in life when one is young and in good health

In first half of FY20, life insurers clock 35% growth in new premium

New business premium is the premium acquired from new policies in a particular time period

IRDAI tries to bring more transparency into life, health and travel covers

Lack of clarity often led to disputes between customers and insurers over whether certain claims could be honoured

Insurance covers that can help mitigate financial blow during calamities

Natural calamities can wipe out your assets completely, and life cover is not enough. Sarbajeet K Sen guides on having home, car and health insurance

Top 10 biz headlines: LIC equity takes hit, rising crude prices, and more

From LIC equity kitty taking a hit to crude oil prices rising due to shortage in supply, here are the top 10 business headlines on Tuesday

Business growth moderates for four listed private life insurance players

While the pace of growth for the four listed life insurers has come down, HDFC Life and Max Life fared better

Life insurance: Don't depend blindly on the agent, look at your needs

Ensure that you have a life and medical policy in place. This will safeguard your family against any eventuality and cover liabilities

Buying insurance cover online? Check these parameters to avoid fraud

Never pay in cash and call up insurer to check the genuineness of policy once you get a copy

Life insurers' clock 44% growth in premium collection for Q1FY20

The total premium underwritten by LIC in Q1 was of Rs 60,106 crore

Irdai's regulatory changes likely to make insurance products more appealing

Now policies will acquire a surrender value after two premiums have been paid

Life insurance may be a good option for investors in long run: Experts

A relatively new industry for stock markets, investors will take time to understand the business dynamics

Reader's corner: Is it possible to take a loan against life policy?

In case you surrender or break up the policy, you will get lesser amount compared to your original maturity benefit, as surrender charges will be applicable

Irdai's approval to new regulations for life insurance products

The new regulations will allow the insurers to charge an extra premium from policyholders who wish to buy riders with unit-linked insurance plans.

Reader's Corner : Life Insurance

Credit-linked insurance plans are available for retail investors. The majority of life insurance companies offer it as a part of their group business

Improvement in profitability to continue for life insurers, say analysts

Low penetration and increasing awareness to propel sale of more profitable protection products

Only one out of five life insurance holders have term insurance: Survey

Term insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India

Reader's corner: Life insurance

During the purchase of a term plan, the requirement for a medical examination varies for individuals

Why women must get proper insurance cover, even if they are not employed

In life insurance, ensure flexibility so that coverage can be reduced when circumstances require doing so

Reader's Corner: How do I calculate my family's life insurance needs?

The primary objective of a life insurance plan is to protect you and your family's life, dreams and goals

Premium growth of life insurers hits 4-year low; LIC's collections drop

Market volatility and shift towards protection business have adversely impacted growth rates