Life Insurance Archives

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 efficiency, the benefits of digitization are manifold for both insurers and policyholders. As the industry embraces technology-driven solutions, policyholders can look forward to a future where insurance is not just a safety net but a seamless and empowering tool for financial security and peace of mind.

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Canara HSBC OBC Life Insurance launches Invest 4G Plan

Life Insurance / iAdvisor

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 be customized as per the goals and changing requirements of the individual.

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Artificial Intelligence in Life Insurance Industry

Life Insurance / iAdvisor

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 designing to customer acquisition to customer onboarding to servicing to claims & risk management.

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Why Millennials Should have Life Insurance?

Life Insurance / iAdvisor

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 only offer protection, but it will also make the best use of one’s money along with financial stability for their loved ones.

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Is there an insurance plan to preserve family savings amidst inflation

Life Insurance / iAdvisor

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 future.

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Top 12 Life Insurance Customer Satisfaction in 2024

Life Insurance / iAdvisor

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 Promoter Score (NPS) metric to gauge customer satisfaction within the life insurance industry, indicates same ranking in this critical area from 2023 to 2024.

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Tax Benefits on Life Insurance Policies

Life Insurance / iAdvisor

Life insurance is a secure source for healthy investment. It provides financial safety in case of death, accident or critical illness. To top that, life insurance also provides tax benefits such as claim over tax deductions and tax-free maturity returns.

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