Browsing: India

A recent survey highlights a significant gap in life insurance coverage in India, with most people underinsured. This article explores the findings and implications.

Indian fintech company PhonePe has introduced a new vehicle insurance plan for two and four-wheelers, promising significant savings and a fully digital experience.

A recent study by Bajaj Allianz Life Insurance highlights the underinsurance issue in India, despite younger individuals purchasing life insurance earlier. The study reveals a significant gap in financial protection, with coverage levels far below the recommended standards.

The Goods and Services Tax (GST) Council is considering a reduced GST rate on health and life insurance premiums, potentially set at 5%.

A government crop insurance scheme in India, designed to protect farmers from climate change impacts, is proving costly for those most at risk, according to a new analysis.

Term insurance is a crucial financial tool for women in India, offering affordable protection and fostering financial independence.

The Indian non-life insurance sector faces headwinds from regulatory changes and market dynamics, but experts remain optimistic about long-term growth.

Despite efforts by the insurance industry and regulators, general insurance penetration in India remains low, prompting a need for understanding of the disconnect between awareness and action.

The separation of Bajaj and Allianz underscores the intensifying competition for control in India’s rapidly expanding insurance market, as foreign entities seek greater influence.

A 26-year-old man in Greater Noida was arrested for allegedly murdering his father to collect a life insurance payout, which he planned to use to settle a housing loan.