Category: Insurance

More and more Indian women are buying life insurance, suggests IRDAI study

Maharashtra, Bengal, UP Pradesh accounted for a third of new policies in FY18 Indian women are increasingly opting for life insurance products, competing with men in getting their lives covered. While women make up 48 per cent of the nation’s population, they now account for 32 per cent of the number of polices purchased and […]

Canara HSBC Oriental Bank of Commerce Life Insurance rolls out its exclusive brand campaign

Private life insurance player Canara HSBC Oriental Bank of Commerce Life Insurancecontinuing their journey in making the brand reach to consumers, has rolled out their brand campaign “Promise Kiya! Ab Plan Karo” for 2018-19. The essence of the campaign emanates from the company’s brand essence “promise” and the tagline “Aapke Vaade Sar Ankhon Par”. The new ad […]

Insurance through WhatsApp: What is it, how to do it? Here’s all you need to know

Gone are the days when WhatsApp was used only for sending text messages to one’s friends and family. Taking advantage of this platform, various insurance companies have now launched AI-enabled WhatsApp channel for customer servicing. Since last year, the Indian Health Insurance industry has been bringing out various customer-centric initiatives, to benefit policyholders and insurers. Recently, Aditya […]

Insurance in superannuation reforms could drive retirement savings

The Productivity Commission has recommended an overhaul of the multi-billion dollar business of selling insurance through superannuation policies to drive retirement incomes higher. Key reforms include making insurance an opt-in for fund members aged under 25 to stop the erosion of retirement funds for low-balance fund holders, and a ban on super funds from putting […]

Health insurance tax benefit: Here is how much you can claim under Section 80C, 80D

Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year’s budget, the Tax Benefit on health insurance premium was enhanced to Rs 50,000 from Rs 25,000 under Section 80D. This means that an individual can claim a […]

Take Cover in the Shade

Fixed deposits may be one of the most popular investment products for risk-averse investors but fixed return investments are not entirely risk-free. Buying a suitable insurance product requires some research on your part to identify your needs and comparisons to find the best product. “The life insurance products available in the market are for different […]

Do add-on features for health insurance policies really add value?

While health insurance covers are base policies that cover hospitalisation costs, many health policies come with add-on features that aim to provide monetary support for specific ailments. For instance, child birth involves hospitalisation, a basic health insurance policy doesn’t cover it. When Delhi-based Mayank Verma, 30, bought a health insurance policy in January 2018, he […]

This tax season, don’t give in to agents’ calls, buy the life insurance plan you really need

The new year has just begun, but for corporate India this is the last quarter of the financial year with only three months left to meet the year-end target. Companies are on an overdrive and life insurance sector is no exception. In fact, according to Deepak Yohannan, founder and CEO,, an insurance web aggregator, nearly […]

Any Chance For A Health Insurance Fix? Where The Debate Goes From Here

In the wake of Republicans failing to repeal and replace Obamacare and the Democratic takeover of the House, where will the health care debate go from here? No important health care legislation will come out of this gridlocked Congress. But the run-up to the 2020 presidential campaign will produce at least a Democratic health care […]

Buying a health insurance policy? Here’s how to make the most of it

Health problems usually come uninformed and their consequences can be physical, emotional and financial as well. It is, therefore, important for everyone to get a health insurance plan. Adopting a healthy lifestyle and getting health insurance for yourself and your family is of equal importance to protect yourself against the rising cost of medical care, […]