Life Insurance Blog
What are LIC Protection Plus & LIC Bima Kavach?
LIC has launched two new insurance plans - Protection Plus (ULIP) and Bima Kavach (pure term cover). This in-depth article compares their features, benefits, pros, cons, and suitability to help…
Digital Oversight Uncovers Insurance Nominee Error
Bima Central had flagged that the nominee's relationship was not properly specified. Although the user had designated their mother as the sole beneficiary, the relationship was recorded only as “Parent”—a…
Union Budget’s Digital Transformation in Life Insurance: Impact on Policyholders
The 2024 Union Budget’s emphasis on digitization marks a new era of digital transformation and opportunity for the Indian life insurance sector. From enhanced customer experiences to greater innovation and…
Canara HSBC OBC Life Insurance launches Invest 4G Plan
Canara HSBC Oriental Bank of Commerce Life Insurance has launched Invest 4G plan, a new Unit Linked insurance plan (ULIP. It is an individual life insurance savings plan which can…
Artificial Intelligence in Life Insurance Industry
The future of the Insurance industry will be heavily dependent on Artificial Intelligence in the years to come. AI will play an important role right from business planning to product…
Why Millennials Should have Life Insurance?
Life Insurance policy for Millennials may not seem like a top priority. It would be a very crucial part of one’s financial goals at some point. Life Insurance would not…
Is there an insurance plan to preserve family savings amidst inflation
Planning for family's financial security with consideration for inflation is crucial. Explore innovative savings products from insurance companies that offer dual protection net and increasing income to secure your family's…
Top 12 Life Insurance Customer Satisfaction in 2024
Low life insurance customer satisfaction is a result of shifting consumer expectations and a lack of brand distinction, according to a recent Hansa Research report. This survey, utilizing the Net…
Is Suicidal Death Covered in Life Insurance Policy in India?
In this article, we will delve into the complexities surrounding the coverage of suicidal deaths in life insurance policies in India. We will also explore the various clauses, exclusions, and…
Add-on Benefits You Should Buy With Max Life Term Insurance Plan
When considering any addon benefit riders with a term insurance plan, it's essential to carefully review the policy documents, understand the coverage details, and assess your specific needs before making…