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businesstoday. in > personal-finance > insurance > story > life-insurance-now-about-retirement-savings-not-just-death-cover-says-kamlesh-rao-of-iac-life-520605-2026-03-14

Life insurance now about retirement, savings, not just death cover, says Kamlesh Rao of IAC Life - Business Today

4+ week, 2+ day ago  (445+ words) Life insurance in India is increasingly being used for retirement income, savings and financial security rather than only death protection, with over 92% of payouts now going to policyholders during their lifetime, according to Kamlesh Rao, Chairperson of the Insurance Awareness…...

Business Today
businesstoday. in > personal-finance > insurance > story > life-insurance-industry-grows-over-20-in-february-lic-outpaces-private-insurers-report-519888-2026-03-10

Life insurance industry grows over 20% in February; LIC outpaces private insurers: Report - Business Today

1+ mon, 3+ day 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…...

Business Today
businesstoday. in > personal-finance > insurance > story > bima-kavach-and-protection-plus-lic-rolls-out-to-offer-enhanced-cover-and-payment-flexibility-509696-2026-01-06

Bima Kavach and Protection Plus: LIC rolls out to offer enhanced cover and payment flexibility

3+ mon, 1+ week ago  (348+ words) 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 in how they plan protection and savings. Protection Plus is designed as a unit-linked…...

Business Today
businesstoday. in > personal-finance > story > gst-cut-boosts-life-insurance-premiums-121-growth-in-october-501720-2025-11-11

GST cut boosts life insurance premiums: 12. 1% growth in October - Business Today

5+ mon, 2+ day 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…...

Business Today
businesstoday. in > personal-finance > insurance > story > no-gst-on-health-life-insurance-experts-see-push-for-wider-coverage-492535-2025-09-04

No GST on health, life insurance; experts see push for wider coverage - Business Today

7+ mon, 1+ week 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…...

Business Today
businesstoday. in > personal-finance > insurance > story > par-plans-vs-ulips-which-life-insurance-product-suits-you-better-at-age-37-485997-2025-07-24

Par plans vs ULIPs: Which life insurance product suits you better at age 37? - Business Today

8+ mon, 3+ 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…...

Business Today
businesstoday. in > personal-finance > insurance > story > term-insurance-getting-popular-among-working-gen-z-tata-aia-life-insurance-report-476151-2025-05-13

Term insurance getting popular among working Gen Z: Tata AIA Life Insurance report - Business Today

11+ mon, 17+ hour 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…...