Insurance Is a Risk Cover and Not an Investment: Insurance is often misunderstood in personal finance. Many individuals view it as a form of investment, expecting returns and wealth creation from it. However, the fundamental purpose of insurance is risk coverage, not wealth accumulation. This misunderstanding can lead to poor financial planning and jeopardize future…
UPI Leads the Charge as Most Preferred Insurance Premium Payment Method: The Indian insurance landscape is undergoing a digital revolution, and at the heart of this transformation lies the Unified Payments Interface (UPI). According to the latest insights from Policybazaar, UPI has emerged as the most preferred payment mode for insurance premiums, capturing a substantial…
Gift of Protection: As time passes, roles often reverse in the relationship between parents and children. The same father who once protected us from life’s uncertainties may now need that same shield. This Father’s Day, instead of a conventional gift, why not present him with something truly meaningful — the gift of insurance? In a…
Reliance Health Infinity Insurance: Health is wealth, and safeguarding it has never been more important. With rising medical expenses and an increasing number of lifestyle diseases, having a robust health insurance plan is no longer an option—it’s a necessity. Reliance Health Infinity Insurance stands out as a comprehensive and affordable solution that caters to both…
Indias Insurance Penetration Below 5%: Despite being the world’s most populous country and one of the fastest-growing economies, India’s insurance penetration still lags significantly behind the global average. According to the latest data from 2023-24, India’s insurance penetration—the ratio of insurance premium to GDP—remains below 5%, highlighting a deep-rooted issue in financial protection and risk…
World Health Day: World Health Day, observed annually on April 7, is a reminder to prioritize our physical and mental well-being. But while we routinely check our vitals and fitness levels, one crucial aspect of health often gets overlooked — our health insurance coverage. With the rapid increase in medical inflation and evolving treatment costs,…
Monsoon Mayhem and Flight Disruptions: As India braces for an early and intense monsoon, major cities like Mumbai, Thane, and Nashik are already experiencing torrential rains, lightning, and flooding. These harsh weather conditions disrupt not only daily life but also significantly impact travel plans, especially flights. Travelers are encountering unexpected delays, diversions, and cancellations, causing…
LIC Rejects USTR Claims of Unfair Advantage in Indian Insurance Market: In a firm and detailed rebuttal, Life Insurance Corporation of India (LIC) has denied allegations made by the United States Trade Representative (USTR) suggesting that LIC enjoys an “unfair advantage” in the Indian insurance market due to sovereign backing. The USTR’s 2025 National Trade…
Life Insurance: In today’s unpredictable world, life insurance plays a vital role in ensuring your family’s financial stability even after you’re gone. A life insurance policy acts as a financial safety net, protecting your loved ones from economic hardship in the event of your death. Whether you’re the sole breadwinner or a contributor to your…