A smoker will have to shell out more than what a non-smoker pays, for obvious reasons
Hike in reinsurance rates is cited as the main reason for jacking up term insurance prices.
IRDAI's objective is to safeguard policyholders' interests while also advancing the industry as a whole.
Majority of people have realised that gone are the days when a sum insured of 2-5 lakh used to be sufficient to meet the medical requirements.
It is essential to understand ways to increase sum assured amount while term insurance is ongoing depending upon the unwinding circumstances in life
It is important to note that an individual needs to start the reimbursement process within seven days of the patient's discharge.
Annuity plans are one of the best options for senior citizens, said Mukunda Chatterjee, development officer at Life Insurance Corporation of India
The policyholder gets a free telematics device installed in the car. This device monitors the kilometres, the condition of the car and driving habits
Saral Suraksha Bima policy: The minimum sum insured under the cover will be Rs 2.5 lakh, and maximum limit is Rs 1 crore
We approached Shailesh Kumar, Insurance head and co-founder, Insurance Samadhan, for expert advice on a query