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News

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livemint.com > money > personal-finance > term-insurance-for-students-why-insurers-are-selling-life-cover-before-careers-begin-11788410032833.html

Term insurance for students: why insurers are selling life cover before careers begin

1+ week, 3+ day ago   (1090+ words) Term insurance has traditionally been associated with people who earn, have dependants or carry financial liabilities. But a few insurers are now offering term cover to students as young as 18. At first, this may seem unusual. Students typically have no…...

mint
livemint.com > money > personal-finance > pledged-your-life-insurance-policy-for-a-bank-loan-ncdrc-says-lender-can-surrender-it-without-consent > amp-11788253311775.html

Pledged your life insurance policy for a bank loan? NCDRC says lender can surrender it without consent

1+ week, 4+ day ago   (684+ words) Taking a loan against a life insurance policy can provide access to funds without requiring the policyholder to sell the investment. But what happens to the policy if the loan is not repaid? A recent order by the National Consumer…...

mint
livemint.com > industry > group-policies-drive-life-insurers-q1-growth-as-gst-dents-margins > amp-11785391289814.html

Group policies drive life insurers' Q1 growth as GST dents margins

1+ mon, 1+ week ago   (577+ words) India’s four listed private life insurers reported strong growth in new business in the June quarter, driven largely by one-off group policies sold to companies rather than broad-based retail demand. At the same time, the goods and services tax (GST)…...

mint
livemint.com > industry > banking > warburg-pincus-sell-26-stake-indiafirst-life-insurance-bnp-paribas-cardif-bank-of-baroda-union-bank-of-india-11784915847607.html

Warburg Pincus to sell 26% stake in IndiaFirst Life Insurance to BNP Paribas Cardif

1+ mon, 2+ week ago   (472+ words) Mumbai: Promoter Warburg Pincus has entered into a definitive agreement to sell its 26% stake in IndiaFirst Life Insurance to BNP Paribas Cardif, which is set to re-enter the Indian insurance market that it had exited after ending a partnership with…...

mint
livemint.com > industry > banking > insurance-sector-seeing-strong-interest-from-foreign-investors-since-100-fdi-irdai-chief > amp-11782825890522.html

Insurance sector seeing strong interest from foreign investors since 100% FDI: IRDAI chief

2+ mon, 1+ week ago   (650+ words) “There are also a lot of interest coming in from some of the foreign promoters seeking to get into a 100% ownership position. There are two conversations happening,” Seth said. While faster growth in non-life insurance has made it the preferred…...

mint
livemint.com > focus > insurance-for-the-world-what-indias-coverage-gap-reveals-about-its-biggest-opportunity-11782469665883.html

Insurance for the World: What India's Coverage Gap Reveals About Its Biggest Opportunity

2+ mon, 2+ week ago   (686+ words) The conversation explores why insurance penetration remains low, the role of awareness and affordability in driving adoption, the impact of regulatory changes, and why India's insurance ecosystem may have valuable lessons for the world. Watch Episode 9 on YouTube Opening the…...

mint
livemint.com > focus > term-vs-whole-life-insurance-how-indians-re-rethinking-coverage-in-2026-11782207383511.html

Term vs Whole Life Insurance — How Indians re Rethinking Coverage in 2026

2+ mon, 2+ week ago   (431+ words) This blog explains the key differences between term insurance and whole life insurance and why more Indians are reviewing their coverage choices in 2026. Life insurance is a financial contract between an individual and an insurance provider. The insurer agrees to…...

mint
livemint.com > money > personal-finance > epf-members-get-life-insurance-cover-of-up-to-7-lakh-at-no-extra-cost-what-is-the-edli-scheme-and-how-to-claim-11781865403835.html

EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

2+ mon, 3+ week ago   (525+ words) Most EPF members know about the retirement savings benefits of the scheme, but many are unaware that EPF membership also comes with an insurance benefit at no additional cost. Eligible members are automatically covered under a scheme that offers insurance…...

mint
livemint.com > money > personal-finance > asit-rath-aviva-life-insurance-bancassurance-insurance-mis-selling-life-insurance-commissions-right-selling-11781077096995.html

Mis-selling, not claims, is life insurance’s biggest problem: Aviva CEO Asit Rath

3+ mon, 1+ day ago   (523+ words) As India's insurance regulator tightens norms around disclosures, commissions and distribution practices, insurers will need to move beyond transactional selling and focus on long-term customer relationships, according to Asit Rath, managing director and chief executive officer of Aviva Life Insurance....

mint
livemint.com > companies > news > metlife-seeks-majority-stake-in-pnb-metlife-india-growth-11781157448045.html

MetLife keen to acquire majority stake in India life insurance joint venture with PNB | Company Business News

3+ mon, 1+ day ago   (573+ words) New York-based MetLife is keen on acquiring a majority stake and operational control over its Indian insurance joint venture with Punjab National Bank, a strategy that the company has been pursuing since it entered the Indian market 25 years ago. “Today…...