Why your money needs your help in 2025

2 days, 7 hours ago

Investment word of the day: Unit-linked insurance plans — how ULIP works, pros & cons and more

Investment word of the day: Imagine you have a sum of money and you are confused about whether to use it for investment or as a measure to protect finances from unforeseen circumstances. They come with a mandatory five-year lock-in period which motivates long-term savings and ensures deep commitment to wealth accumulation,” according to Siddharth Maurya, MD & Founder of …

Benefits Insurance Investment Charges Premium Ulip Investment Word

4 days, 10 hours ago

Beyond Savings: The Importance of Term Insurance for Women’s Financial Security

Live Mint

Women play multiple roles in society, from professionals and entrepreneurs to homemakers and caregivers. A term insurance policy is a crucial financial tool that provides high coverage at low premiums, ensuring that women and their families remain financially stable in case of unforeseen events. By opting for a term insurance or a life insurance policy, women can: Secure their family's …

India Policy Insurance Women Financial Life Tax

2 weeks, 1 day ago

How reinsurers can help bridge India's huge protection gap

Live Mint

According to data from the Swiss Re Institute, total insurance premium collections are projected to grow by 7.1% over the next five years. With low insurance penetration, the large economic losses inflicted by natural catastrophes in India are mostly uninsured. This significant disparity between economic losses and insured losses highlights a critical gap in coverage that presents a considerable opportunity …

India Insurance Financial Economic Risk Insurers Gap

2 weeks, 1 day ago

Policies are a nightmare: Nithin Kamath on why life insurance is getting tougher

India Today

Life insurance is becoming increasingly complex, owing to stricter rules by insurance companies. Nithin Kamath said that many avoid life insurance because policies are confusing and getting harder to understand. “Based on my interactions with folks, perhaps the biggest reason why they don't have life insurance is because the policies are a nightmare to understand with all sorts of jargon …

Insurance Life Life Insurance Policies Improve Insurance Companies Nithin Kamath

3 weeks ago

7 Common insurance mistakes that can jeopardise your financial security

India TV News

7 Common insurance mistakes that can jeopardise your financial security Insurance is a vital part of financial planning, offering protection against unforeseen events. However, common insurance mistakes—like not reviewing coverage needs, ignoring policy details, or failing to compare plans—can leave you vulnerable. A smoker who conceals their smoking history to obtain reduced life insurance rates stands to have their policy …

Policy Insurance Medical Financial Claims Coverage Policies

1 month ago

Ultra-long bonds: Centre mulls strategy to deepen insurance market, cushion insurers’ businesses

Live Mint

New Delhi: The Indian government may consider issuing 50-year on-tap bonds in the next fiscal, in a bid to encourage insurance companies to subscribe and better manage their business, two people familiar with the matter said. For insurers, investing in these 50-year on-tap bonds would provide them with a stronger financial cushion needed to operate a business that handles long-term …

Insurance Companies Bond Bonds Insurers Insurance Companies Issuance

1 month, 1 week ago

Insurers Turn to Term Insurance to Protect Profit Margins

Deccan Chronicle

Mumbai: Rising consumer awareness, affluence, and insurers' focus on protecting their profit margins after the revised surrender value norms took effect last October have led to an uptick in the demand for term insurance covers. Private life insurers saw a surge in retail sum assured by 41 per cent year-on-year from April to December 2025, compared to 30 per cent …

Insurance Retail Term Value Cent Sum Term Insurance

1 month, 3 weeks ago

Budget proposal to incr FDI cap in insurance to attract more foreign players: Experts

Live Mint

New Delhi, Feb 3 The proposal of the government to increase the foreign direct investment limit in the insurance sector will help attract more overseas players in the sector, experts say. They said that 100 per cent FDI will attract substantial foreign capital, which will lead to improved technological interventions and advancements in the country. She also proposed to raise …

Insurance Cent Fdi

1 month, 3 weeks ago

Have you managed to lower your insurance premiums? We want to hear from you

ABC

Inflation inevitably pushes the cost of living up every year and the one expense that isn't spared is the cost of insurance. With the destruction from LA bushfires adding more financial pressure to the global reinsurance market, exorbitant surges on insurance premiums can be expected on Australian shores. It's becoming more common to hear home owners opting out of insurance …

1 month, 4 weeks ago

Economy Survey 2025: Insurance coverage lower than global average, notable gaps

Live Mint

MUMBAI : India's insurance penetration at 3.7% is much lower than the global average of 7%, and there is a “notable gap" in the country's insurance coverage, said the Economic Survey 2024-25 on Friday. Citing Swiss Re Institute’s projections, the survey said India’s insurance sector is expected to grow 11.1% and become the fastest-growing market among G20 nations over the …

Global India Premium Survey Life Insurance Sector Schemes

1 month, 3 weeks ago

Insurers seek Budget support for tax incentives, more global participation, push for health cover

Live Mint

Insurance companies are looking at government support for the sector through Budget announcements that enhance accessibility, simplify tax benefits, and encourage innovation in insurance products. “The government might table the Insurance Laws Bill 2024 in the Budget session, therein proposing a score of changes to capital requirements, permissible FDI limit, opening up of the agency channel, minimum capital requirements and …

Health India Healthcare Support Insurance Life Tax

2 months ago

Why Union Budget 2025 can enhance insurance and healthcare access for all

Firstpost

While we are getting ready for the forthcoming budget, it is the time to address reforms that might make insurance and healthcare more inclusive, reasonably priced, and easily available. Reducing GST rates on health and life insurance premiums will assist to relieve family financial load and provide these important protections within the reach of more households. Further improving access to …

Health Financial Tax Insurance Premiums Budget 2025

2 months ago

Here's how Budget 2025 can increase the number of insured Indians and fund infra goals

Live Mint

For India to ensure consistent economic growth and achieve its ambitious target of becoming the third-largest economy by 2027, it needs robust financial systems in which the insurance sector plays a critical role. Buying health insurance early on: The government could look at incentivising first-time health insurance buyers, especially those below the age of 30. The government could look at …

Health Travel India Financial Life Tax Budget

2 months ago

Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?

Live Mint

When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. Falling long-term investments The trend isn’t confined to life insurance; even equity-linked savings schemes are witnessing a decline, despite equity markets delivering stellar returns in recent years. One potential solution is to introduce a flat deduction of 30% of gross …

Insurance Financial Savings Tax Income Life Insurance Essential

2 months ago

Awareness, affordability, and attractiveness: Insurance sector's budget wishlist

Live Mint

The Union budget 2025 has provided a good opportunity to consider measures that can further support the insurance sector, which is fundamental to fostering a secure and resilient economy, supporting both individual and collective financial well-being. This wishlist focuses on three key areas that merit attention and action: improving public awareness, enhancing the affordability of basic insurance products, especially for …

India Insurance Awareness Tax Products Insurance Products Budget Wishlist

2 months, 1 week ago

100% foreign direct investment in insurance in the works

Live Mint

Mumbai: The Insurance Regulatory and Development Authority of India is considering a proposal to increase foreign direct investment in the insurance sector to 100% from 74% now, Deepak Sood, member of Irdai, said at the 17th edition of the Mint BFSI Summit and Awards on Friday. Allowing 100% FDI in insurance may not only open the floodgates for offshore capital …

India Insurance Coverage Need Sood Insurers Fdi

2 months, 1 week ago

Health insurance: ‘Ultimate Care’, ‘Elevate’ and ‘Super Star’ — three policies that offer a range of benefits

Live Mint

Health insurers are getting innovative and are offering jumbo benefits to customers. After ICICI Lombard’s ‘Elevate’ that offers infinite sum insured, 100% cumulative bonus and unlimited restoration benefits and Star Health Insurance’s ‘Super Star’ that provides similar benefits along with the option to lock in your age at entry, wherein premiums are fixed at the entry age until a claim …

Health Policy Treatment Health Insurance Care Star Person

2 months, 1 week ago

Budget 2025: 5 key expectations from India's insurance sector

India Today

The Union Budget 2025 is expected to play an important role in shaping India’s insurance sector. This can allow them to focus on product innovation and customer service.” FDI REFORMS The insurance sector hopes for simplified procedures for Foreign Direct Investment, as increasing FDI limits could bring in more capital. "The Union Budget 2025 presents a significant opportunity for growth …

India Tax Life Insurance Sector More People Fdi Union Budget

2 months, 1 week ago

5 financial products that could cost you big – Don’t invest in them

Live Mint

The financial market is brimming with investment options, each with its own set of risks and rewards. Whole life insurance plans Whole life insurance plans offer coverage for a lifetime, but they come with significant drawbacks. These policies are much more expensive than term life insurance, and the value of the death benefit decreases over time due to inflation. Unnecessary …

Insurance Financial Life Products Gold Digital Fees

2 months, 2 weeks ago

Insurers eye tax benefits, incentives in Union Budget

The Hindu

Insurers are seeking tax benefits for buyers and incentives for selling policies in their wishlist for the upcoming Union Budget as the country is projected to emerge as the G20's fastest-growing insurance market. Balachander Sekhar, co-founder & CEO of RenewBuy, said the Union Budget provides excellent opportunities to pump up the insurance sector, which is hoping for a reduction in …

India Insurance Life Tax Budget G20 Cent

2 months, 2 weeks ago

Budget 2025: Why making insurance affordable should be on agenda

India Today

The Union Budget 2025 is approaching, and one area that demands urgent attention is the insurance sector. With health insurance premiums expected to remain high, improving affordability and accessibility could make a huge difference to the lives of millions of Indians. "With wages and healthcare expenses exceeding CPI inflation, health insurance pricing is likely to remain elevated," said the regulator. …

Health India Healthcare Insurance Budget Health Insurance Insurance Penetration

2 months, 3 weeks ago

10 tips to help you change your relationship with money in 2025

LA Times

Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated, said Courtney Alev, consumer advocate for Credit Karma. Know your ‘why’ When setting your …

Financial Credit Money Debt Goals 2025 Card

2 months, 3 weeks ago

Creating a budget for 2025 - everything you need to include on your planner to help you save

The Independent

The new year brings with it all sorts of opportunity and possibility, time to reflect and a natural moment to attempt improvements in many ways – which, for many people, has to do with money. Go to website Non-negotiable and fixed bills Mortgage or rent Energy and other fixed bills Debt repayments Here’s where you really start to get a …

Savings Money Budget Income Spending Month Need

6 New Year’s resolutions to boost your financial fitness in 2025

The Independent

The ‘fresh start effect’ refers to our tendency to want to take action towards achieving a goal in line with a special occasion or key date – like a new year. Set financial goals New Year’s resolutions are good for targeting areas of your life such as health and wealth. The nation’s biggest savings goals are to build a rainy …

Financial Savings Money Pension Interest 2025 Goal

2 months, 4 weeks ago

What does good financial health mean? The key metrics for a check up

The Independent

As we wave goodbye to 2024 and start a new year, now is a sensible time to take stock of our finances. Ranald Mitchell, director of Charwin Mortgages, says: “Financial health isn’t about wealth, it’s about balance, resilience, and creating the security needed to thrive in the present while preparing for the future.” To make things simple, here are the …

Health Financial Savings Money Debt Income Financial Health

2 months, 4 weeks ago

You've got one day left to sort out your 2025 health insurance

Dutch News

You’ve still got today to decide whether or not to change health insurance company. Next year health premiums are rising by an average of around €11 a month, but you can save money in several ways – by moving to a new insurer, cutting back on supplementary insurance or making a few tweaks to your coverage. If you don’t want …

Health Insurance Check Choice Basic Zorgwijzer

Top 10 financial new year resolutions that you can’t afford to miss out on in 2025

Live Mint

Happy New Year 2025: One of the top priorities for many people in 2025 is improving financial health. 4)Build an Emergency Fund The emergency fund has always been an essential element of personal financial management, and when embraced in the new year, it is even more so. Industry experts advise combining government-backed initiatives like the Employees' Provident Fund and the …

Financial Savings Tax Fund Your Money

2 months, 4 weeks ago

Thousands trying to switch health insurers at last minute to save hundreds of euros

NL Times

In the final days of 2024, a significant surge in Dutch consumers is switching their health insurance, as many wait until the last moment to secure a more affordable plan. According to a new press release by the comparison site Zorgverzekeringwijzer.nl, the number of individuals changing their health insurance at this time has more than doubled compared to the same …

Insurance Switch Health

2 months, 4 weeks ago

Is LIC policy a good investment? Kirtan Shah’s LinkedIn post sparks debate on insurance vs investment

Live Mint

Life insurance provides financial security to a family in the event of the unfortunate death of the policyholder. Kirtan Shah, Co-founder and CEO of FPA Edutech, an accounting and finance ed-tech company, has shared the consequences of opting for life insurance as an investment tool. Shah's LinkedIn Post In a post on LinkedIn, Shah explained the returns on a LIC …

Policy Insurance Life Life Insurance Shah Linkedin Cent

2 months, 4 weeks ago

2024 in Review: The future of life insurance – trends to watch for 2025

Live Mint

The year 2024 has been transformative for India’s life insurance sector, marked by regulatory advancements, evolving customer needs, and innovative product developments. Customer-centric Innovations powering product evolution Post-pandemic customer preferences have reshaped life insurance products. Trends Shaping 2025 Several key trends are expected to shape the life insurance sector in 2025: Rising demand for long-term savings products amid market volatility. …

India Life Insurance Customer Product Bancassurance Partnerships Distribution Models

3 months ago

The top money resolutions people plan to make in 2025

The Independent

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Financial Goals 2025 Plan Financial Goals Money Resolutions

3 months ago

Fixed household costs are rising much faster than inflation, research shows

NL Times

The average family’s fixed costs will rise much faster than inflation next year. An average family will pay almost 500 euros more in fixed costs in 2025, more than 120 euros higher than what would be expected based on the rate of inflation. A family with two adults, two children, a home and a car will pay 474 euros more …

Costs Increase Euros Fixed Fixed Costs Household Costs

3 months ago

Healthcare cost inflation soaring, raising health cover premiums

The Hindu

Since COVID-19 pandemic, India has been witnessing a surge in healthcare cost inflation making assured and standardised healthcare unviable for several sections of the society and pushing up health insurance premiums. Speaking to The Hindu, Sumit Bohra, president of the Insurance Brokers Association of India notes that currently in India the rising healthcare cost and growing health insurance premiums are …

Health India Healthcare Insurance Costs Health Insurance Cost

3 months ago

New Year 2025 resolutions: Don’t let THESE health insurance blunders derail your financial planning

Live Mint

New Year 2025 is less than a week away, making it the perfect time for people to revisit their health and financial priorities. Highlighting the importance of comprehensive coverage, Rakesh Kaul, Chief Business Officer, SBI General Insurance, said, “Look for policies that offer comprehensive benefits, including preventive health checkups, critical illness riders, and senior citizen coverage, as these also qualify …

Health Benefits Policy Insurance Health Insurance Coverage Plan

3 months ago

Why Understanding Health Insurance Plans is Crucial for Your Financial Future

Live Mint

Health insurance plans, sometimes called medical insurance, are valuable financial security that assists in meeting your healthcare needs with coverage for recurrent and emergency medical bills. When purchasing health insurance plans, you must consider factors such as your medical history, lifestyle, age, and income. Tax Benefits Tax benefits are crucial in effective financial planning, and health insurance plans offer several …

Health Healthcare Insurance Expenses Medical Planning Financial

3 months ago

Understanding Life Insurance Premiums: Factors That Influence Your Rates

Live Mint

In India, life insurance is a crucial part of comprehensive financial planning. 6 Key Factors that Influence Your Life Insurance Premium Rates Life insurance comes in several forms, each designed to meet different financial needs and objectives. If you're thinking about purchasing a life cover, then it is highly recommended to familiarise yourself with the different plans available in the …

Health Insurance Life Coverage Premium Life Insurance Rates

3 months ago

Cutting costs: fewer people are opting for top-up insurance

Dutch News

People switching healthcare insurers via comparison site Independer are opting for fewer additional insurance policies this year, and many have upped the own risk element to the maximum of €885. In 2020 almost 70% of people who changed insurers via the site took out extra insurance for dental care and physiotherapy, which are not covered in the basic healthcare package. …

Insurance Care

3 months ago

Fewer Indians Seem To Have Life Insurance Now. Here’s Why

ABP News

By AR Hemant The BankBazaar Moneymood 2025 survey report revealed a troubling trend: life insurance uptake in India is on the decline. Of the salaried men and women surveyed in 2024, only 37 per cent of Indians invested in life insurance-linked investment products in 2024, a sharp drop from 46 per cent in 2022. Endowment Plans and ULIPs Lose Their …

Health Insurance Financial Life Investment Products Health Insurance

3 months, 1 week ago

Soaring inflation pushes up health insurance premiums; makes standardised care costlier

The Hindu

Since the COVID-19 pandemic, India is witnessing a surge in healthcare cost inflation, making assured and standardised healthcare unviable for several sections of the society and pushing up health insurance premiums. Speaking to The Hindu, Sumit Bohra, president of the Insurance Brokers Association of India notes that currently in India, rising healthcare costs and growing health insurance premiums are feeding …

Health India Healthcare Insurance Costs Health Insurance Premiums

3 months, 1 week ago

How to Choose the Best Term Insurance Plan

Live Mint

When it comes to securing your family’s future, a term insurance plan is one of the most important steps you can take. Reliable insurance companies, like Tata AIA Life Insurance have a claim settlement ratio of 99.13%* Why Choose Tata AIA Sampoorna Raksha Promise? Tata AIA Sampoorna Raksha Promise offers coverage and a range of benefits designed to meet your …

Policy Insurance Coverage Premium Plan Tata Claim

3 months, 1 week ago

Build Wealth: Secure Your Future With These 5 Personal Finance Habits

ABP News

By Ramneek Ghotra Managing personal finances effectively is key to building a secure financial future. 20 per cent to self-care and discretionary expenses like dining out, hobbies, entertainment or even personal development. 20 per cent for savings aimed at long-term goals like retirement, buying a house, or starting a business. 10 per cent for emergencies to ensure you’re prepared for …

Personal Financial Cent

4 months ago

Insurance mis-selling can trap you! Follow these tips to ensure the right plan. Check coverage exclusions & inclusions

Live Mint

At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. "Term insurance becomes increasingly crucial for high-income earners whose monthly income is more than ₹1 lakh as their financial liabilities and lifestyle expectations are usually greater. Factor in the uncertainties Another factor worth considering is that loans and other liabilities …

Policy Income Plan Cover Your Income Term Insurance

4 months ago

Life insurers must avoid unnecessary delays with claims, says City regulator

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We expect all life insurers to act on our …

Insurance Life Good Cover Fca Firms Insurers

4 months, 1 week ago

Which health insurance plan may be right for you?

Associated Press

Everyone likes a good deal, and health insurance bargains abound this time of year. Insurers selling Medicare Advantage plans are dangling coverage with $0 premiums, and individual insurance marketplaces created through the Affordable Care Act offer tax credits to help with the premium or cost of coverage. The federal government’s website for finding insurance plans makes it easy to filter …

Coverage Covered Bill Patient Deductible Bremer Insurance Plans

5 months ago

This Diwali, secure your family’s future

New Indian Express

As one with an avid interest in investor psychology, it is interesting to note that even those that plan things meticulously often fail to plan for the only thing that is inevitable after one is born in this world. A primary reason for underinsurance among the few that have life insurance is the Indian obsession with deriving ‘returns’ for any …

Life

5 months, 1 week ago

Hundreds of thousands of people downgrade private health cover as cost of living bites

ABC

The cost-of-living crisis is forcing hundreds of thousands of people to downgrade their private health insurance, new data suggests. "For the first time, we're seeing hard evidence that people with private health insurance, who are desperate to keep it, are really struggling with cost-of-living pressure," she said. While the number of people with private health insurance overall has risen modestly, …

Health Insurance Health Insurance Pressure Hospital Cost Public

5 months, 3 weeks ago

What “The Golden Girls” teaches us about personal finance

Salon

Growing up, I remember watching reruns of “The Golden Girls” with my mom. Not enough life insurance For both Blanche and Rose, their husbands clearly didn’t have enough life insurance to cover the women’s living expenses after they died. “They would be in what is called the ‘black-out period,’ not qualifying for survivor benefits and not old enough for widow …

Insurance Women Financial Life Life Insurance Live Rose

7 months ago

My Father-in-Law Has Offered the Entire Family a “Bribe.” We Might Be the First to Take It.

Slate

Pay Dirt is Slate’s money advice column. —Betrayed By Friend Dear Betrayed, This is a huge betrayal, but it’s also a lesson in being careful about who you trust before you uproot your life. —Times are Tight Now Dear Times are Tight, For those who aren’t familiar, a whole life policy is a type of life insurance policy that also …

Policy Insurance Life Money Pay Help Think

7 months, 1 week ago

How I Selected the Best Health Insurance Policy for your Family

Hindustan Times

Choosing the right health insurance policy for your family can be an arduous yet crucial task, given the numerous options available in the market. Evaluating Different Policy Types Family Floater Plan: A family floater plan covers the entire family under a single sum insured, which can be beneficial if multiple members do not require significant medical treatment simultaneously. Making the …

Health Insurance Parents Coverage Senior Citizens Hindustan Times Sum

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