Bajaj Allianz Life has launched the country's first term insurance product designed for Type 2 diabetics and pre-diabetic individuals. The plan is targeted at a segment that ends up being underinsured as they are denied cover at standard rates for health reasons.
ICICI Prudential Life Insurance has launched a new debt fund. Called ICICI Pru Constant Maturity Fund, it is available with the insurer's Unit-linked insurance plans (Ulips). The fund carries a lock-in of five years.
The rise in premium amount for life insurance is the biggest concern for consumers, and affordability has become a more pressing issue, according to a recent survey.
Max Life Insurance Company announced a partnership with the Indian Industries Association (IIA) to provide life insurance plans to the workforce of micro, small, and medium enterprises (MSME) in Uttar Pradesh.
Ageas Federal Life Insurance (AFLI) has launched iSecure plan, a family life insurance scheme, available exclusively online, offering a comprehensive protection at affordable cost.
Tata AIA Life Insurance (Tata AIA) has unveiled a women-centric digital campaign, "Empowering You to Achieve Your Dreams", aimed at empowering Indian women to take control of their financial planning while fulfilling their dreams and aspirations.
HDFC Life has launched a new insurance plan which offers guaranteed income of 11% to 13% annually as a percentage of the sum assured under the policy. The product HDFC Life Guaranteed Income Insurance plan also offers guaranteed, regular, tax-free benefits and guaranteed death benefits.
Edelweiss Tokio Life Insurance has launched a new income-oriented life insurance product called Premier Guaranteed Star, offering guaranteed regular income till the policy term on payment of all due premiums.
Private insurer ICICI Prudential Life Insurance's assets under management (AUM) have crossed INR2.5-trillion (US$30.18-billion) mark, the company said in a release.
Over 225,000 death claims due to the pandemic were settled by insurance companies up to March 2022, the Insurance Regulatory and Development Authority of India (IRDAI) said in its recently released annual report.
Free weekly tips and tricks from the best in the business
Top resources from successful agents, leaders and CEOs. Free!