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Insurance jargon, complex products drive consumer confusion and purchase drop offs in India: Report - BusinessToday
3+ day, 6+ hour ago (451+ words) India’s life insurance industry is struggling to convert consumer interest into completed purchases as technical language, sales-heavy communication and complex product choices leave potential buyers confused and unconvinced, according to the Capgemini World Life Insurance Report 2027. The report highlights a…...
One life insurance policy or split cover? How families should decide - BusinessToday
3+ week, 2+ day ago (468+ words) According to Oke, a large policy on one primary earning member can provide substantial financial protection, but may not fully address the risks faced by a household that depends on more than one person. In a dual-income family, both incomes…...
₹7 lakh EDLI payout explained: How EPFO calculates insurance benefits for families - BusinessToday
3+ week, 4+ day ago (435+ words) The Employees’ Deposit Linked Insurance (EDLI) Scheme provides life insurance cover to eligible EPFO members without requiring them to pay a separate premium. In the event of an employee’s death while in service, the nominee or legal heir can receive…...
What ails India's non life insurance segment? - BusinessToday
3+ week, 4+ day ago (832+ words) A recent social media post left many people shocked. An X user, Nikhil Jha, said a reputed hospital in Mumbai charged one of his followers Rs 11.04 lakh for a hernia surgery. While the post triggered a debate—with many questioning…...
Participating life insurance plans: How bonuses work and what policyholders should know - BusinessToday
3+ week, 5+ day ago (241+ words) Participating life insurance plans, commonly known as “par” plans, allow policyholders to share in the surplus generated by the insurer’s participating fund. Unlike conventional policies where benefits are fixed at inception, participating plans can provide additional benefits through bonuses, depending…...
Why Term Insurance Is Better For Family Protection Than Traditional Life Insurance
1+ mon, 2+ week ago (116+ words) businesstoday.in Many people assume term insurance and life insurance are the same, but they serve very different purposes In this discussion, Deepak Yohannan, Insurance Expert, explains why term insurance is considered the foundation of financial protection Unlike traditional life…...
Term Insurance Vs Life Insurance: What's The Difference? | Personal Finance | Money Today
1+ mon, 2+ week ago (131+ words) Business Today Confused between term insurance and life insurance? Which one should you buy, and how much life cover is enough to secure your family's future? In this episode of Money Today, Sakshi Batra speaks with Deepak Yohannan, Insurance Expert,…...
Policybazaar launches dollar denominated term insurance for NRIs via GIFT City - BusinessToday
1+ mon, 2+ week ago (228+ words) In a move aimed at eliminating currency depreciation risk for non-resident Indians, Policybazaar has begun offering US dollar-denominated term insurance plans from its partner insurers through the Gujarat International Finance Tec-City (GIFT City). The launch allows overseas Indians to pay…...
Why Term Insurance Is Essential for Every Earning Member | Sum Assured & Coverage Explained - WHAT’S HOT BusinessToday
1+ mon, 2+ week ago (117+ words) Why Term Insurance Is Essential for Every Earning Member | Sum Assured & Coverage Explained Business Today Life insurance is one of the most important financial tools for every earning member, especially when the entire family depends on a single income In…...
Think Life Insurance Is Optional? Here's Why Every Indian Family Needs It Today
1+ mon, 2+ week ago (125+ words) Business Today Insurance is often ignored until a financial emergency strikes, but experts say it is one of the most important tools for protecting your familyâs future In a country where social security is still evolving, insurance provides a…...