News
Life Insurance Claim Rejected Over Sickle Cell Disclosure: Family Gets Rs 7 Lakh Relief
8+ hour, 43+ min ago (564+ words) Updated on: 16 July 2026 4:3 pm India Post told to pay Rs 7 lakh life insurance claim Insurer failed to prove prior sickle cell diagnosis or concealment Consumer commission awarded Rs 35,000 compensation and litigation costs A Chhattisgarh family has won a life insurance…...
Life Insurance Surrenders Climb As Policyholders Seek Cash Before Maturity
2+ day, 14+ hour ago (582+ words) Life insurance surrenders reached 38.3 per cent of benefits paid Premature policy exits accounted for nearly Rs 2.8 lakh crore Policyholders should compare surrender, paid-up, and loan options first For a life insurance policyholder, maturity is supposed to be the finish line....
DNA Evidence Helps Widow Win Rs 50 Lakh Life Insurance Claim After Insurer Calls Accident Staged
1+ week, 6+ day ago (602+ words) Consumer commission orders Bajaj Allianz to pay Rs 50 lakh death claim DNA and forensic evidence disproved insurer’s fraud allegations Suspicion alone cannot justify rejecting a life insurance claim Police and forensic records are crucial in disputed accidental death claims A…...
Sold A Life Policy As An FD? Here Is How To Challenge Insurance Mis-selling
1+ week, 6+ day ago (645+ words) FD mis-selling can leave customers with long-term insurance commitments Free-look cancellation is fastest route after wrong policy issuance Written complaints to insurer and bank create crucial evidence trail A person may walk into a bank branch to place money in…...
What Every 30-Year-Old Should Know About Insurance
1+ mon, 1+ week ago (561+ words) Premiums for health, life and critical illness cover are typically lower when you're younger and healthier. A delay of five or ten years can significantly increase premiums and, in some cases, lead to exclusions or additional underwriting requirements. While employer…...
Beyond Savings: Why Women Must Prioritise Health And Term Insurance
1+ mon, 3+ week ago (250+ words) Standard products are now more customised, and more personalised to acknowledge and address women’s needs. A combination of rising female workforce participation, greater financial literacy, and a product market that is beginning to build for women rather than around them…...
First-Time Parents And Insurance: Review These Factors Before The Baby Arrives
3+ mon, 4+ week ago (210+ words) Good insurance planning is not about reacting to life events. It’s about preparing for them before they happen....
Insurer Ordered To Pay Rs 35 Lakh After Seven‑Year Fight Over Rejected Life‑Cover Claim
2+ mon, 1+ week ago (147+ words) Tribunal orders Aditya Birla Sun Life to pay Rs 35 lakh to widow. Commission awarded claim amount with seven per cent interest and legal costs Get the latest issue of Outlook Money Why did the consumer commission order payment despite the…...
Removal Of Tax Benefits Hits Life Insurance Sales, Says Deepak Parekh
2+ mon, 1+ week ago (297+ words) Rollback of tax incentives cooled life insurance demand and new business. Customers shift to pure protection or delay savings‑linked policy purchases. Insurers urged to simplify products, promote term cover, and educate customers. The rollback of tax incentives has cooled…...
IRDAI Data Shows Rise In Early Life Insurance Surrenders: How To Exit Without Heavy Losses
3+ mon, 2+ week ago (468+ words) If you’re paying high fees for a policy with mediocre returns, getting out early will sting. But watch those fees over the long term - they can exceed your upfront surrender charges. Traditional life insurance plans commonly offer policyholders returns of…...