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.
Tata AIA Life Insurance has announced the launch of its Emerging Opportunities Fund that will invest in mid-cap companies and emerging market leaders with the potential to generate significant future growth.
ICICI Prudential Life Insurance has launched a long-term savings scheme called "ICICI Pru Sukh Samruddhi," which provides customers with benefits of guaranteed income, potential bonuses, and life cover for the policy duration.
Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has announced the launch of India's first instant policy issuance service on WhatsApp.
About 89% of married women depend on their spouses when it comes to matters pertaining to financial planning, according to a survey by Tata AIA.
The INR600-billion (US$7.3-billion) Indian health insurance market has the potential to register a 30%-35% compound annual growth rate (CAGR) as against the CAGR of 19% in the past five years, Debashish Panda, Chairman of Insurance Regulatory and Development Authority of India (IRDAI) has said.
Being a first-time parent is an exciting experience that is followed by a new set of responsibilities. At times, these responsibilities can be both exhilarating and exhausting.
A health insurance policyholder may want to change the insurer for reasons like better benefits and services or lower premium being offered by another insurance company.
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