Life insurance claims can be completed over WhatsApp in 5 minutes now

1 day, 15 hours ago

Claims ratio of non-life insurers dips to 82.52 pc in FY24: Irdai report

New Delhi, Dec 23 Net incurred claims to net earned premium of non-life insurance industry stood at 82.52 per cent during 2023-24 as against 82.95 per cent in the preceding fiscal year, as per the Irdai's annual report. "The incurred claims ratio of the non-life insurance industry was 82.52 per cent during 2023-24 as against 82.95 per cent of the …

Insurance Life Claims Report Crore Sector Cent

1 week, 1 day ago

Your rights in life and health insurance claims: Unpacking the moratorium clause

Live Mint

The fatal shooting of Brian Thompson, who was chief executive of UnitedHealth Group Inc.’s insurance arm, has turned the spotlight on insurance companies rejecting policyholders’ claims for various reasons. However, as per the moratorium clause for health insurance policies as defined by the Insurance Regulatory and Development Authority of India, if a policyholder has paid five or more annual premiums, …

Health Policy Insurance Fraud Life Health Insurance Period

‘Disagree’: Meta to challenge CCI's order on WhatsApp data-sharing policy

Hindustan Times

Social media giant Meta on Tuesday expressed its intention to appeal a ruling by the Competition Commission of India that prohibits the American tech company from exchanging advertising data between WhatsApp and its other apps. The Competition Commission of India fined the U.S. tech giant $25.4 million on Monday for antitrust violations about WhatsApp's 2021 privacy policy and ordered the …

Data Meta Whatsapp Cci Whatsapp Service

2 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

3 months, 2 weeks ago

Why Quick Claim Intimation Is A Lifeline For Term Insurance Beneficiaries

News 18

Term insurance, which is the essence of any financial planning, is often overlooked until an unfortunate event strikes the family and ends up bearing the brunt of financial uncertainty. The quick claim intimation comes to the rescue in such cases that requires minimal formalities to process the amount of Rs 1-3 lakhs to be disbursed to the nominee. A feature …

Insurance Financial Term Quick Benefit Feature Nri

4 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

6 months, 1 week ago

Record Year For Life Insurance Sector: Policies Jump, 31% Increase In Premium, Check Latest Details

News 18

The Life Insurance Council has released updated industry business numbers for May 2024. New business premiums expanded from Rs 23,448 Crs in May 2023 to Rs 27,034 Crs in May ’24, with YTD collections growing even more from Rs 36,043 Crs to Rs 47,293 Crs this year. According to data released by the Life Insurance Council, the life insurance industry …

Growth Insurance Life Premium Premiums Crs Lic

8 months, 3 weeks ago

Tata AIA launches industry-first payment solutions on WhatsApp New introduction is an outcome of a partnership with Meta and Infobip

Hindustan Times

• The Payment Solution will enable consumers to make payment for renewal of Tata AIA products using Credit card, Debit card or Net banking option on the WhatsApp platform. Mumbai, 2 April 2024: Tata AIA Life Insurance Co. Ltd., one of India's leading life insurers, has launched a premium payment service on its WhatsApp platform marking the first-ever launch of …

India Insurance Life Hong Kong Credit Card Payment Company

10 months, 1 week ago

Life Insurance Gains Momentum In Urban India, Report Highlights Shift In Awareness

News 18

In a notable development for financial preparedness, a recent report revealed that three-quarters of urban Indians have embraced life insurance products, showcasing significant progress in urban India’s financial landscape. The following findings reveal insights that highlight urban India’s shift in attitude and approach towards financial preparedness; Financial Preparedness Of Urban Indians The highest progress is seen in awareness of life …

India Insurance Awareness Financial Life Protection Urban

10 months, 1 week ago

Achmea considering selling off its life insurance division: report

NL Times

Insurer Achmea is considering selling off its life insurance branch, Achmea Pension and Life. The division is struggling with declining income and unchanged costs, and the insurer asked investment bank JPMorgan to map out the possibilities for the branch’s future, sources within the insurance sector told Financieele Dagblad. The insurer confirmed to FD that it is “exploring options for the …

Insurer Achmea Life Division

11 months, 1 week ago

National Youth Day: How to leverage insurance as a financial ally in your 20s?

Live Mint

With India expected to have one of the youngest populations across major economies in the world till at least 2030, it is important to secure the financial and social security of the country’s youth in order to capitalise on this demographic dividend. As more young Indians begin to prioritise their financial well-being over spending on lifestyle enhancements, insurance solutions that …

Insurance Financial Life Wealth Goals Indians Young Indians

1 year ago

Insurance regulator’s baby step to guard policyholders

Hindustan Times

The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go into a huddle. The Insurance Regulatory and Development Authority of India has taken a baby step to potentially reduce the costs that a policyholder must bear in …

Insurance Industry Money Premium Life Insurance Lakh Paid

1 year, 1 month ago

Edelweiss Tokio Life Insurance top boss Sumit Rai on work, productivity, and managing stress in an ROX-driven industry

Hindustan Times

Our home is more than just a safe haven that keeps us protected from the turbulence we see in the outside world, whether professionally or otherwise. In a recent video, Sumit Rai, Managing Director and Chief Executive Officer, Edelweiss Tokio Life Insurance, spoke about the correlation between living space – whether at home or at the workplace – and productivity, …

Technology Insurance Stress Life Work Customer Experience Experience

1 year, 1 month ago

SBI Life Q2 Results: Net profit jumps to ₹380 crore, income rises 21.7%

Live Mint

India's SBI Life Insurance Co Ltd reported a near-flat quarterly profit on Friday as higher expenses offset a surge in premium income. SBI Life, one of India's largest life insurers, reported profit after tax of 3.8 billion rupees for the three months ended Sept. 30, compared with 3.77 billion rupees a year earlier. Net premium income rose 21.7% to 200.5 …

Life Sbi Life

1 year, 2 months ago

HDFC Life Insurance Company Q2 FY24 results: profit rise by 14.95% YOY

Live Mint

HDFC Life Insurance Company declared their Q2 FY24 results on 13 Oct, 2023. HDFC Life Insurance Company has delivered 0.05% return in the last 1 week, 17.45% return in the last 6 months, and 10.31% YTD return. Currently, the HDFC Life Insurance Company has a market cap of ₹134270.1 Cr and a 52wk high/low of ₹690.85 & ₹457.8 respectively. As …

Hdfc Life Insurance Company Profit Increased Q2 Fy24

1 year, 2 months ago

WhatsApp may extend status duration to two weeks in upcoming update

India TV News

WhatsApp, a widely used instant messaging platform owned by Meta, with over 2 billion global users, is set to introduce a significant update to its status feature. According to a report from WABetaInfo, a reliable source for WhatsApp updates, the company is working on a feature that will allow users to keep their status live for up to two weeks. …

App Status Users Whatsapp Update Beta Version

1 year, 3 months ago

Pramerica Life Insurance launches new age ULIP designed for the new generation’s financial ambitions. Details here

Live Mint

Pramerica Life Insurance Company has announced the introduction of its latest offering, “Pramerica Life Super Investment Plan ”. On the occasion of the launch Pankaj Gupta, MD & CEO, Pramerica Life Insurance, said, “Modern India is aspirational and is looking out for new age life insurance products that support changing lifestyles and aspirations. Pramerica Life Super Investment Plan is designed …

India Life Investment Life Insurance Policyholders Ulip Ulips

1 year, 4 months ago

The great car insurance con: Premiums soar to record high as prices hiked 50% in a year

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. Read our privacy policy Car insurance premiums have rocketed …

London Insurance Inflation Independent Car Prices Drivers

1 year, 5 months ago

HDFC Life Insurance Q1: Net profit rises 15% to ₹415 crore; check details

Live Mint

HDFC Life Insurance on July 21 reported a net profit of ₹415 crore for the April-June quarter of FY24, up by 15 percent from ₹361 crore recorded in the year-ago period. The net premium income of the insurer came in at ₹11,479 crore, up 16.5 per cent in the first quarter of current fiscal, from ₹9,847 crore in the year-ago …

Insurance Life Crore Cent Hdfc Hdfc Life Hdfc Life Insurance

1 year, 5 months ago

Great strides made in insurance, but there is still a long way to go

Live Mint

Two decades ago when I joined the insurance industry, it had just about been privatized. Today, insurers cannot deny a life claim after three years and a health claim after eight years of buying an insurance policy; health insurance products are renewable as long as you live, irrespective of claims you make; premiums cannot be changed based on your claim …

Insurance Health Insurance Claims Life Insurance Insurers Irdai Policy Health

1 year, 6 months ago

WhatsApp scam: Hoping to win iPhone 14 Max, a man lost lacs

India TV News

In a recent incident reported from Mumbai, a person fell victim to a fraudulent lucky draw scheme on WhatsApp, which promised a free iPhone. The iPhone's status as a premium smartphone has fueled a widespread desire among people to own it, leading to various means, including deceitful tactics, employed by individuals to obtain it. The chain of events began when …

Person Iphone Whatsapp

1 year, 9 months ago

The ‘tax-free’ insurance pitch has several holes

Live Mint

Insurers are prodding investors to buy insurance policies. With the financial year-end now nearing, their sales pitch has been flying thick and fast: “Budget 2023 has made life insurance policies with annual premiums above ₹5 lakh taxable from 1 April onwards. View Full Image Tax-free insurance pitch data Guaranteed return plans Among the popular products in the market is HDFC …

Insurance Life Tax Income Lakh Gst Policies

1 year, 10 months ago

LIC WhatsApp service registration: Here’s how users can check policy status, premium due details on WhatsApp

India TV News

Life Insurance Corporation of India has introduced its first-ever WhatsApp services for its policyholders. The LIC policyholders can utilise WhatsApp services to receive a variety of advantages, such as premium information and ULIP plan statements. LIC WhatsApp Services: How to use it Save LIC's official WhatsApp number - 8976862090 Launch WhatsApp, look for the LIC of India, and then access …

Policy Whatsapp Lic Services Whatsapp Services Lic Whatsapp Lic Whatsapp Service

2 years ago

Fraud alert! Beware of ‘Hi Mum’ message on WhatsApp

Live Mint

WhatsApp is a popular social media app with more than 2 billion users worldwide. A new scam called the Hi Mum or family impersonation scam is buzzing around that has caused many users in Australia to lose $7 million or more than ₹57 crore in 2022, reports The Independent. The scam starts with the victim receiving a message on WhatsApp …

India Fraud Scam Whatsapp Mum

2 years, 1 month ago

Buy life insurance at zero premium with this unique benefit

India Today

The preciousness of life can never be overstated. HDFC Life Click 2 Protect Super does just that: You can get your premiums back on survival till maturity of policy and your life insurance is effectively zero premium! Level/Increasing Life Cover + Terminal Illness Cover: Under this plan, the Death Benefit is payable as a lump sum if life assured dies …

Death Illness Premium Life Insurance Plan Sum Benefit

2 years, 1 month ago

7 factors affecting your life insurance premium

Live Mint

Life insurance is one of the common yet the best ways to protect your family’s life financially in your absence. If your life insurance's time horizon is for a longer period of time, you have to pay less premium than short duration ones. This might be the reason why females have to pay less premium than male, which becomes a …

Insurance Life Pay Premium Life Insurance Factors Less Premium

2 years, 3 months ago

Looking for a life insurance policy? Here is a 5-point checklist to consider

Live Mint

Are you planning to get a life insurance policy? Buying a life insurance policy might be confusing due to the information overload on the internet. However, when purchasing a life insurance policy, it is crucial to understand the components that go into making the premium sweet for you. Your life insurance policy is based on your needs, so it is …

Family Policy Insurance Financial Life Insurance Claim Your Family

2 years, 5 months ago

5 Pieces Of Financial Advice That Every Adult Should Know

The Quint

Personal finance is rarely taught in high schools or colleges even though it is the most important chapter of our life. Track Your Expenses And Learn To Budget There are about two rules that every personal finance advisor can’t get enough of repeating: Never let your expenses exceed your income, and Always keep your eye on where your money goes …

Expenses Life Income Your Money Your Expenses Your Income

2 years, 5 months ago

What is the ideal way to buy a life insurance plan?

Live Mint

I am 30 years old and I am planning to buy a life insurance policy. -Name withheld on request Great to know that you are thinking of taking a Life Insurance plan. This makes it more necessary for you to take a life insurance policy, which will safeguard your loved ones in unfavourable times. Along with financial protection, there are …

Insurance Life Life Insurance Plan

2 years, 7 months ago

Buy in haste, regret at leisure

The Hindu

A delightful part of my work while writing the Cover Note column is responding to readers’ questions. Life insurance policy choices seem to lead to the most regrets. selling and marketing leads to a blind belief that the policy touted is the best; and two, accept the fallacy of insurance combined with investment returns. You get only one chance to …

Policy Life Insurance Policies Cover

2 years, 8 months ago

Investing In A Life Insurance Policy Is The Need Of The Hour

The Quint

In a world full of uncertainties, all of us want something safe, secure, and tangible to hold on to, especially in adverse conditions when the going can get tough. Recently, the Life Insurance Council surveyed over 12,000 people across 40 cities to understand the India’s perception towards life insurance. 64% of the respondents surveyed across cities in South India believed …

Insurance Financial Life South Survey Life Insurance

2 years, 9 months ago

Are People Buying More Life and Health Insurance Policies After Covid-19? Know Here

News 18

After a muted show in December 2021 and January 2022 due to the third wave of the COVID-19 pandemic, life insurance companies reported impressive growth of 22.47 per cent in new business premium to Rs 27,464 crore in February, according to a report by SBI Research. “NBP of life insurers rose 22.47 per cent to Rs 27,464.76 crore in February, …

Growth Insurance Life Report Covid Policies Insurers

2 years, 10 months ago

Dear Women: Forget The Hustle, Make Smart Investment And Insurance Choices

The Quint

Indian women are raised to believe that they are always racing against time. HDFC Life Sanchay Par Advantage is a participating life insurance plan that provides an option to avail cover for the whole of life. The policy offers two plan options: Immediate Income: An option that provides regular income by way of cash bonuses, from 1st policy year and …

Policy Life Income Plan Par Provides Option

2 years, 10 months ago

Max Life extends term cover for homemakers independent of spouse’s insurance

Live Mint

Max Life Insurance on Tuesday said it has extended its Max Life Smart Secure Plus Plan, a non-linked non-participating individual pure risk premium life insurance plan, as an independent term insurance cover for Indian homemakers. The ‘Max Life Smart Secure Plus Plan’ offered on Policybazaar will help secure female homemakers’ lives independent of their spouse’s life insurance cover, the insurer …

Indian Life Insurance Plan Max Policybazaar Max Life Homemakers

2 years, 11 months ago

Insurers tighten rules, raise rates

Deccan Chronicle

Mumbai: Saddled with a large number of death claims in the last two Covid waves, life insurance companies are increasing the prices of term plans, introducing tighter medical underwriting and longer waiting periods, besides increasing their reserves to combat the impact of the ongoing pandemic. While a large number of death claims continued to be reported during the first two …

Insurance Claims Crore Covid Wave Death Claims

2 years, 11 months ago

Life Insurance Policy Rule Changed: Had Covid? Wait for 3 Months to Buy a Policy Now

News 18

Life Insurance Policy Rule Change: A life insurance is important for every individual, to secure himself or herself and the family financially. According to a PTI report quoting industry experts, the waiting period for individuals, who have recovered from coronavirus infection, in order to take a new insurance policy has been implemented against the backdrop of high mortality rate related …

Policy Insurance Coronavirus Life Period Infection Wait

3 years ago

Life insurance, your most important personal finance decision?

Live Mint

You may have probably heard the old adage: “Buy term and invest the difference." Sajja Praveen Chowdary, head— term insurance, Policybazaar.com, said, “Several elements, including your age, sum assured, health risks and plan length determines a term insurance premium. Benefits of buying term policy Affordable premiums: You get term insurance of a high-value life cover at an affordable premium compared …

Insurance Personal Finance Life Premium Life Insurance Chopra Term

3 years ago

How to choose the right insurance policy?

Live Mint

The task to choose amongst the several forms of life insurance available can be a challenging one. It should be kept in mind that the most important forms of insurance policies are determined by your age and personal demands.The insurance policy you choose must be based on how much life insurance you require. For example, if you want to secure …

Policy Insurance Life Age Term Your Family Your Insurance

3 years, 1 month ago

Term insurance premium set to rise up to 40% from December 2021 | Know why

India TV News

Term insurance policy premiums are set to hike anywhere between 25 per cent to 40 per cent as reinsurers tightened underwriting norms in the wake of the Covid-19 pandemic. About 140,000 Covid-related claims have been made so far, amounting to Rs 12,948.98 crore, of which 93.57 per cent by volume and 85.42 per cent by value were settled, a Business …

Insurance Claims Hike Set Life Insurers Munich Re Premium Rates

3 years, 3 months ago

Why individuals should buy health insurance in their 30s

Live Mint

There has always been a great emphasis on insuring oneself with a comprehensive healthcare scheme early in life. Naval Goel, Founder & CEO, PolicyX.com, said, “Indeed, taking a health insurance plan early in life helps in saving extra premium, but at the same time, there are a lot more benefits that a customer signing before 30 years of under a …

Health Policy Insurance Health Insurance Buy

3 years, 3 months ago

HDFC Life to take over Exide LIfe for Rs 6.7K cr

Deccan Chronicle

Mumbai: Private life insurer HDFC Life Insurance on Friday said it will fully acquire Exide Life Insurance for Rs 6,687 crore. As many as 8.7 crore shares of HDFC Life will be issued, at Rs 685 per share, to Exide Industries Ltd, the holding company of Exide Life. Once the share issue happens, Exide Industries will be on-boarded as a …

Life Share Crore Cent Hdfc Hdfc Life Exide

3 years, 3 months ago

Bye Money Problems: HDFC Life Insurance, Your Solution to A Calmer Life

The Quint

Financial Protection To Your Family Your policy must be able to ensure that your family is not hard-pressed for money under any circumstances. Cover Treatment Costs For Critical Illnesses We are living in increasingly uncertain times and we can all do without having to worry about hospital bills if we are diagnosed with a critical illness. Blame it on all …

Life Income Your Family Option Your Life Insurance

3 years, 6 months ago

Indians more inclined towards life insurance during Covid's second wave

India Today

The deadly second wave of Covid-19 in India has claimed more than 3.83 lakh lives so far. The individual life insurance rose by 27.06 per cent during the first two months of the current fiscal year. “There has been a rising awareness about insurance, more so during the current pandemic times,” Bikash Choudhary, Appointed Actuary and Chief Risk Officer, Future …

India Life Insurance Covid Cent

3 years, 7 months ago

Centre directs WhatsApp to take back its new privacy policy, demands reply within seven days: Report

Firstpost

MeitY says that deferral of the privacy policy beyond 15 May does not absolve WhatsApp from respecting the values of informational privacy, data security, and user choice for Indian users. The Ministry of Electronics and Information Technology has again directed WhatsApp to take back its new privacy policy and demanded a reply within seven days, Gadgets360 reported on Wednesday. However, …

Policy Privacy Data Security Ministry Users Indian Citizens Whatsapp

3 years, 7 months ago

Telegram and Signal Saw Nearly 1,200% Growth Ahead of WhatsApp's New Privacy Policy Deadline

News 18

WhatsApp’s updated Terms of Service is now in live, months after facing severe backlash from users and even governments around the world. Meanwhile, WhatsApp rivals like Signal and Telegram continue to take a jab at the Facebook-owned company over the new terms of service. Both platforms had Data also shows that both Telegram and Signal peaked installs in January 2021, …

Million Yoy Whatsapp Facebook Telegram Signal

3 years, 7 months ago

'Asking users to agree to privacy policy, accounts will be deleted if they don't': WhatsApp to Delhi high court

Hindustan Times

Mobile messaging service WhatsApp told the Delhi high court on Monday that it has not deferred the May 15 deadline for users to accept its new privacy policy. The ASG urged the court to record the statement of WhatsApp's counsel that the company will conform with the Indian law and maintain status quo where neither the account or the data …

Policy Privacy Court Information Company Centre Users

3 years, 7 months ago

WhatsApp privacy policy: 15 May deadline deferred, user accounts won't be deleted

Firstpost

WhatsApp has clarified that it will not delete accounts of users who do not accept the latest update. WhatsApp announced its new privacy policy update and Terms of Service for its users back in January this year. This means we will always protect your personal conversations with end-to-end encryption, so that neither WhatsApp nor Facebook can see these private messages.” …

Privacy Services Information User Whatsapp Facebook Transaction

3 years, 7 months ago

WhatsApp scraps May 15 deadline for accepting privacy policy terms

The Hindu

Instant messaging application WhatsApp has said it will not delete accounts of users who are yet to accept its controversial privacy polic y update on the May 15 deadline Following severe backlash over the latest update to its privacy policy, the Facebook-owned firm had in January announced pushing back of the policy rollout by three months to May 15 as …

India Whatsapp 15 Deadline

3 years, 9 months ago

Stop Implementation Of WhatsApp's New Privacy Policy : Centre Tells Delhi High Court

Live Law

Responding to a public interest litigation before the Delhi High Court, the Centre has sought for WhatsApp to be restrained from implementing its new privacy policy and terms of service dated 04.01.2021 from 08.02.2021 or any subsequent date pending adjudication on the case by the court.The Centre also stated in its reply that in discharge of its obligation imposed by …

Protection Data Protection Court Data Delhi High Court Right Centre

Life insurance claims can be completed over WhatsApp in 5 minutes now

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