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Type: Posts; User: IndiaInsurance

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  1. How regulatory changes are reshaping motor insurance in India

    India's motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized...
  2. How technology is empowering new-age insurance models and micro-entrepreneurs

    India's insurance sector is undergoing a significant transformation, driven by increased internet access, smartphone usage, and supportive regulations. This shift emphasizes simplicity and...
  3. 24% rise in women who have insurance in metro cities: Niva Bupa Health insurance survey

    Nearly 80% claims are from women over the age of 28, according to a five-year study by Niva Bupa Health Insurance.

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  4. Planning to port your health insurance plan? Here are some challenges you should be aware of

    While shifting to a new insurer may seem like a quick-fix solution to the problems with your existing health insurance plan, there are some challenges you should be aware of.

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  5. What are the different types of life insurance plans, do they offer saving options?

    If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 54th part of this series, Riju Mehta lists the difference...
  6. Think Rs 5 lakh health insurance is enough? Here's why only a Rs 1 crore health customised cover is

    Medical inflation in India has consistently hovered at 13-14% annually—double the pace of general inflation and far beyond the wage growth for most Indians. Some years, it has surged as high as 20%....
  7. Does your life insurance policy cover death due to war, terror attacks? Now is the time to check

    Life insurance policy exclusions: Many individuals do not read the life insurance policy exclusions at the time of buying. Not reading and knowing the exclusions can lead to rejection of claims when...
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    Different types of life insurance

    Life insurance in India offers diverse plans for varied needs. Term insurance provides cost-effective death benefits. Whole life insurance covers the policyholder's entire life and accumulates cash...
  9. Mental health insurance problems continue: 5 things to check before buying a cover

    Even as mental health-related claims have increased in the past few years, problems continue in acquiring an adequate plan catering to the specific needs of mental illnesses.

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  10. 30-50% rise in mental health insurance claims, most claims for anxiety, depression: Study

    Most claims are for anxiety and depression, reveals a recent study on mental health insurance by Policybazaar.

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  11. Why your EV insurance premium is costlier and features you must have in EV motor insurance policy

    Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs' higher purchase prices and costly battery replacements. Specialized parts, the need for trained...
  12. Pahalgam tragedy: LIC announces special window for death claim settlements, how to file a death clai

    Life Insurance Corporation of India has expressed grief over the loss of lives in Pahalgam and announced a special window for expedited death claim settlements. Check details

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  13. Nearly 50% people underinsured for health, have less than Rs 5 lakh cover: Study

    While 48% have less than Rs.5 lakh health insurance, 19% don’t know how they’ll fund a critical illness, claims a recent study by Policybazaar.

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  14. View Post

    Proposed rules linking traffic violations to higher insurance premiums are under consideration at present. Stricter rules for traffic violations are also being proposed. Experts anticipate that...
  15. Budget 2025: Govt extends Ayushman Bharat health cover to 1 Crore gig workers

    The Budget 2025 announces that gig workers will now be eligible for healthcare under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This move addresses gig workers' lack of income...
  16. View Post

    Motor insurance premiums involve various factors like payment modes, claim history, and policy purchase method. Choosing strategic options such as spreading payments, leveraging No-Claim Bonuses,...
  17. Latest claim settlement ratio of health and general insurance companies released by IRDA in 2025

    In 2025, IRDAI's handbook on Indian insurance statistics reported that Acko General Insurance lead amongst all general and health with a 99.91% claim settlement ratio within 30 days. Among public...
  18. Tax savings no longer driving middle class to buy life insurance: Padalkar, MD & CEO, HDFC Life Insu

    Unlike in the West, where government-backed social security provides a safety net, Indians know they must rely on their own savings for the future. This fundamental mindset won’t change easily, HDFC...
  19. Latest claim settlement ratios of all Indian life insurance companies in 2025

    The IRDAI has released the claim settlement ratios of all Indian life insurers for FY 2023-24, revealing that 96.82% of life insurance policy claims are settled within 30 days. Notably, private...
  20. Track your car insurance details online in minutes

    In India, you can easily check your car insurance details online through platforms such as the Parivahan Portal, IIB Portal, mParivahan app, and state RTO websites. These government-run resources...
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