Search For "policyholder"
MDIndia Health Insurance TPA Expands NCR Presence with Strategic Faridabad
Updated : 3 months, 3 weeks ago IST
Faridabad (Haryana) [India], November 19: In a decisive move to strengthen its service footprint in the Delhi-NCR region, MDIndia Health Insurance TPA Pvt. Ltd.--one of India's oldest and most trusted TPAs--has inaugurated its new branch in Faridabad. The expansion comes as the organisation
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Govt asks insurers to cut claim turnaround time, ensure top-class service
Updated : 4 months ago IST
Government urged insurance companies to ensure the "highest standards of service and better turnaround time" for policyholders, particularly during hospitalisation and while settling claims. In a meeting with insurers and healthcare providers, Secretary, Department of Financial Services (DFS
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What is the Average Clause in Fire Insurance - A Complete Guide
Updated : 4 months, 1 week ago IST
New Delhi [India], November 6: When you buy a fire policy, you expect complete protection if your property or assets suffer damage due to fire. However, many policyholders overlook one key condition that significantly affects how much they actually receive at the claim time, the average clau
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Why ULIPs Are Gaining Attention as Markets Turn Volatile
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], November 3: A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial mark
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Axis Max Life India Consumption Opportunities Fund Taps Consumption Growth
Updated : 4 months, 4 weeks ago IST
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed t
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Exemption of GST on life insurance: How your premiums get cheaper from Sep
Updated : 5 months, 1 week ago IST
New Delhi [India], October 1: Life insurance is one of the most important ways to secure your family's financial future. Upto September 21, 2025, every policyholder had to pay an extra 18% GST on premiums, making protection plans costlier than the base premium. That changes from September 22
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Bandhan Life Reports 99.73% Claim Settlement Ratio, Setting Industry Bench
Updated : 5 months, 1 week ago IST
Kolkata (West Bengal) [India], September 18: Bandhan Life Insurance, the life insurance arm of Bandhan Group, reported a claim settlement ratio of 99.73% for the fiscal year 2024-2025, positioning itself as one of the most dependable insurers in the country. This figure represents the propor
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GST Cut Brings Major Relief to Health Insurance Premium
Updated : 5 months, 1 week ago IST
New Delhi [India], September 17: The 18% GST on health insurance premium will be removed starting September 22, 2025, offering significant cost relief to families across India. This change means that policyholders will no longer pay this tax on premium, effectively reducing the average premi
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The Tax Perks of Term Insurance No One Told You About in 2025
Updated : 5 months, 1 week ago IST
New Delhi [India], September 16: Term insurance provides financial support to families when the policyholder passes away during the policy term. It offers a lump sum amount to dependants, which can help them manage their financial needs. Along with this protection, a term plan also provides
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SBI Life eases claim documentation requirements for flood affected policyh
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], September 12: In light of the recent floods in the northern states of Jammu & Kashmir, Himachal Pradesh and Punjab, SBI Life has announced special relief measures to support affected policyholders and their families.
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Canara HSBC Life launches 'EZ Pension Plan', a market-linked solution aime
Updated : 6 months, 3 weeks ago IST
New Delhi [India], August 25: Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") in partnership with Policybazaar, today announced the launch of its newest offering, the EZ Pension Plan. This individual linked pension plan is designed to enable policyholders to achieve
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Tata AIA Sampoorna Raksha Promise: A Complete Protection Plan
Updated : 6 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], August 21: Tata AIA Life Insurance, one of India's most trusted private life insurers, offers Sampoorna Raksha Promise, a thoughtfully crafted life insurance solution that provides individuals and their families with complete financial protection. Designed to br
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