Saral Suraksha Bima policy: The minimum sum insured under the cover will be Rs 2.5 lakh, and maximum limit is Rs 1 crore
NPS is a voluntary social security benefit that allows subscribers to invest in schemes managed by pension fund houses
Many insurance companies in the country including Life Insurance Corporation of India (LIC) offer rebate on online purchase of policies.
Irdai has prescribed investment guidelines specifying the type of instruments and allocations for insurance premiums basis the products
People suffering from lifelong diseases do find it tricky to get health insurance cover — especially after Irdai has restricted the list of illnesse
If you have to extend the period of cover, plan for it before the cover expires and provide the required documents to the insurer
Pre-existing illness is any ailment that the policyholder was diagnosed with within 48 months before buying the health insurance policy.
There are total 24 life insurance companies in the country. Of these, Life Insurance Corporation of India reported 4.14% fall in new premium income
The claims settlement ratio signifies the percentage of settled claims by the insurer out of the total claims received
The company, which recorded 49% growth in its gross premium during FY21, is hopeful of continuing with same growth trajectory in current fiscal year