While the market was anticipating a cut in GST rates for term and health policies, analysts at JM Financial said, the exemption on savings-oriented life products came as a positive surprise.
Buying term cover in your 30s instead of 20s can inflate costs steeply, with premiums rising up to 50% in five years and adding lakhs to your long-term outgo
Verify insurer's claim settlement ratio, review sum insured limits, and check if medical examination can be done over video
Women prefer term insurance plans with child income security, according to Bajaj Allianz Life
Families of the self-employed face significant financial uncertainty upon the policyholder's death
Here are the best premium rates for young male professionals in metros, offering coverage of up to Rs 1 crore
Term insurance is a must for young professionals who are looking to provide a cushion for their dependants
Higher claims and operating expenses to impact non-life insurers' combined ratio
Term insurance policies are a must for young professionals who have dependants and looking to insure their financial future
Also recommends reduction of rate on individual health covers from 18% to 5%
Younger adults (18-35 years) contribute the most to health insurance claims, according to a report by Policybazaar
What companies offer to subscribers living in a metro city and do not smoke
What companies offer to subscribers living in a metro city and do not smoke
A person is considered self-employed if he or she works with his or her own set-up, or employs people for own ventures
Premium and rules put together for your convenience
It helps people between jobs or facing a gap in employer-sponsored plans, helping in protection against unexpected medical expenses