News
Life insurance industry grows over 20% in February; LIC outpaces private insurers: Report - BusinessToday
3+ hour, 10+ min ago (423+ words) India's life insurance industry recorded strong double-digit growth in February 2026, with total premiums rising more than 20% year-on-year, driven by higher sales of traditional policies and steady demand across both public and private insurers, according to a report by Motilal Oswal…...
Bima Kavach and Protection Plus: LIC rolls out to offer enhanced cover and payment flexibility
2+ mon, 3+ day ago (348+ words) Bima Kavach and Protection Plus: LIC rolls out to offer enhanced cover and payment flexibility'Business Today The Life Insurance Corporation of India (LIC) has rolled out two new insurance offerings, Protection Plus and Bima Kavach, aimed at giving policyholders greater flexibility…...
GST cut boosts life insurance premiums: 12.1% growth in October - BusinessToday
3+ mon, 4+ week ago (278+ words) The surge in premiums is largely driven by robust performance in the individual segment, particularly non-single premium policies, reflecting a growing demand for recurring life insurance products. India's life insurance sector has seen a strong rebound, with new business premiums…...
No GST on health, life insurance; experts see push for wider coverage - BusinessToday
6+ mon, 6+ day ago (646+ words) According to Shetty, the revised rates, effective September 22, will lower household expenses as several everyday essentials -- ranging from packaged food to utensils -- will now attract only 5 per cent tax instead of 18 per cent. The Goods and Services Tax (GST) Council's…...
Par plans vs ULIPs: Which life insurance product suits you better at age 37? - BusinessToday
7+ mon, 2+ week ago (853+ words) I am a 37-year-old professional. I want to know about participating plans and how these are different from ULIPs? What are the things to check or keep in mind before buying par plans? Advice by Satishwar B., MD and CEO, Bandhan…...
Term insurance getting popular among working Gen Z: Tata AIA Life Insurance report - BusinessToday
9+ mon, 3+ week ago (390+ words) With growing interest in the F.I.R.E. (Financial Independence, Retire Early) movement, many are balancing present-day needs with a long-term view, 18% are already considering retirement and pension plans. Term Insurance is popular among India's working Generation Z, with 31% of respondents planning to…...