How Artificial Intelligence Controls Your Health Insurance Coverage: Over the last decade, artificial intelligence (AI) has dramatically reshaped multiple industries, and health insurance is no exception. Unlike doctors or hospitals that use AI to diagnose illnesses, predict outcomes, or tailor treatment plans, health insurance companies are deploying AI in a far more consequential way: to…
Insurance Awareness Day 2025: National Insurance Awareness Day, celebrated annually on June 28, plays a crucial role in educating individuals about the importance of insurance in modern life. As we navigate an unpredictable world filled with risks—from natural calamities to health emergencies—insurance provides the financial backup needed to safeguard our assets, income, and loved ones….
How Vehicle Insurance Supports: As the number of vehicles on roads continues to grow exponentially, the associated risks of accidents, injuries, and fatalities are also rising. Expanding road networks and the trend of faster-moving traffic have led to an alarming increase in road accidents globally. These unfortunate incidents not only bring emotional trauma but also…
GST on Health Insurance Premiums: In a much-anticipated move, the central government is considering a proposal to reduce the GST on health and term insurance premiums from the current 18% to just 5%. This landmark decision could be finalized in the upcoming GST Council meeting, expected before the Monsoon Session of Parliament 2025. If implemented,…
Bajaj Allianz Launches State-Wise Health Insurance Plans: Bajaj Allianz General Insurance has made a game-changing move in the Indian health insurance sector by introducing state-wise customised health insurance plans, tailored to the cultural, linguistic, and healthcare needs of residents across the country. This is the first-of-its-kind initiative in India where health insurance policies are not…
HDFC Life Insurance Company Stock Analysis: HDFC Life Insurance Company has emerged as a strong contender for investors looking for a profitable stock to buy today. Currently trading at ₹693.10, analysts predict that its share price can potentially rise to ₹740-760 in the near term. The stock has exhibited a consistent uptrend, forming a rounding…
Impact of Climate Change on Insurance: Climate change is no longer a distant threat—it is a present-day reality affecting individuals, communities, and industries globally. In India, the insurance sector is facing increased pressure due to a rise in extreme weather events such as Cyclone Amphan, the devastating floods in Assam and Kerala, and the intense…
General Insurance Sector Faces Short-Term: The Indian general insurance sector is currently grappling with mounting short-term challenges, particularly in the first quarter of 2025. The industry witnessed a concerning 2.8% year-on-year (Y-o-Y) decline in Gross Direct Premium Income (GDPI) for February 2025, signaling a broader trend of stagnation and instability. This decline is driven by…
Fires and Gas Explosions at Home: Home is where we feel safest, but even the most well-maintained homes are not immune to sudden dangers like fires and gas explosions. In recent times, the surge in domestic gas-related accidents has reignited public interest in understanding home insurance coverage. While fire and explosion hazards are rare, their…