Insurance Reforms Needed in Budget to Bridge Coverage Gap
India's insurance penetration lags at 3.7% of GDP. Experts urge tax parity for pensions, wealth products & stamp duty relief in rural areas to enhance financial inclusion.
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Digital Growth, Reforms to Drive Indian Insurance in 2025
India's insurance sector is poised for robust growth in 2025, fueled by government reforms, digital adoption, and rising awareness. Leaders highlight key trends shaping the future. Read more.
How to Challenge a Wrongful Critical Illness Claim Rejection
Insurer rejected a bacterial meningitis claim? Learn the steps to successfully challenge the denial, from policy review to ombudsman. Expert advice from Insurance Samadhan.
Consumer panel fines insurer, TPA for illegal claim deduction
Ranga Reddy consumer commission holds insurer & TPA guilty for illegal mediclaim deduction. Ordered ₹19,535 refund with 9% interest & ₹15,000 compensation. Read the full verdict.
Essential but Lesser-Known Travel Insurance Covers
Discover crucial yet often overlooked travel insurance covers in India, from adventure sports to mental health. Ensure you're fully protected on your next trip. Read more!
Why Honesty is Crucial for Health Insurance Claims
Concealing health details can lead to claim denial & policy cancellation. Learn why full disclosure is key to securing your family's financial health against 12-15% medical inflation. Read more.
Consumer Court Slaps Cigna TTK for Wrongful Claim Rejection
Noida's consumer court directs Cigna TTK Health Insurance to pay a ₹35,000 claim with interest for wrongly labeling it as fraud. The insurer failed to verify documents properly. #ConsumerRights #HealthInsurance
Consumer Forum fines HDFC Ergo for denying insurance claim
Dharwad Consumer Commission orders HDFC Ergo to pay Rs 2.19 lakh claim with interest, Rs 50k compensation for mental agony. Landmark ruling for policyholders.
Insurer to pay Rs 1.87 lakh extra for electric shock death
Chandigarh consumer commission directs insurance firm to pay additional Rs 1.87 lakh with interest to parents whose son died from a streetlight shock. The order cites deficiency in service.
Sons used snake to kill father for insurance, say police
Tamil Nadu police uncover a chilling plot where two sons allegedly murdered their father using a Russell's viper to claim Rs 3 crore in life insurance. Six arrested in the meticulously planned crime.
Rs 116 Crore PMFBY Claims Pending in Haryana
Haryana govt reveals Rs 116+ crore in PMFBY crop insurance payouts are stuck for 2022-25. Bhiwani district worst affected. Steps taken for digital resolution.
Young Tigress Dies at Kolkata's Alipore Zoo
A young tigress died at Kolkata's Alipore Zoo. Vets suspect bacterial infection but are probing other complications like haemoprotozoa. Read the full investigation details.
MACT awards Rs 20 lakh to accident victim, rejects insurer's claim
After a nine-year fight, a Thane accident victim gets Rs 20 lakh compensation. The MACT rejected the insurance company's fraud allegation. Read the full story of justice served.
Insurer fined for denying claim over hospital paperwork delay
A Bengaluru consumer commission fined Aditya Birla Health Insurance for rejecting a genuine claim citing hospital's late intimation. The firm must pay Rs 2.6 lakh with interest and compensation.
Dubai's New Digital Service for Weather-Damaged Vehicle Certificates
Dubai Police launch a new online service for 'To Whom It May Concern' certificates for weather-damaged vehicles. Skip police station visits, upload photos, pay AED 95, and get your certificate in 1-2 days. Essential for insurance claims.
How to Pick the Right Term Insurance Plan in India
Choosing term insurance? Don't just look at price. Use these 4 objective metrics—Claim Settlement Ratio, Amount Settlement Ratio, Solvency Ratio & Business Volume—to select a financially stable insurer that will honor claims. Protect your family's future
GST Exemption on Term Insurance Plans from 2025
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Lok Sabha Passes Sabko Bima Sabko Raksha Bill 2025
Lok Sabha passes key insurance bill, raising FDI limit to 100% and strengthening IRDAI. Can it bridge India's low insurance density gap without over-regulation?
Understanding the Principle of Contribution in Marine Insurance
Learn how the principle of contribution in marine insurance impacts claim settlements when multiple policies cover the same risk. Essential reading for Indian shippers and exporters.
Parliament Passes Insurance Amendment Bill 2025
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
North India Fog: Secure Insurance Claims with a Dashcam
Dense winter fog in North India increases accident risks. Learn how investing in a dashcam can provide crucial evidence and streamline your motor insurance claims process.
Insurance Bill 2025: Biggest Reform in Decades
The Sabka Bima Sabki Raksha Bill 2025 marks India's biggest insurance reform, allowing 100% FDI, new intermediaries, and stronger policyholder protection. Read the full analysis.
Govt weighs ₹5,000 cr infusion for 3 PSU insurers
The Indian government is considering a fresh capital infusion of up to ₹5,000 crore into three struggling state-owned general insurers to shore up solvency and enable future reforms like consolidation or sale. Read the full analysis.
Lok Sabha Passes Bill to Raise Insurance FDI Limit to 100%
The Lok Sabha has passed a crucial bill to increase the foreign direct investment limit in the insurance sector to 100%. This move aims to boost capital inflow and enhance insurance penetration in India. Read more for details and analysis.
PB Partners Launches New Experience Center in Delhi
PB Partners, a leading PoSP insurance advisor, has inaugurated a new Experience Center in Delhi's Rajendra Place. The center aims to simplify insurance and provide expert guidance to customers.
Insurance Bill 2025: 100% FDI, Universal Coverage by 2047
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
Insurance Bill 2025: 100% FDI, New Licences, Regulatory Shifts
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
Latur man burnt alive in car for Rs 1 crore insurance claim
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Term Insurance for NRIs: Coverage, Tax & Policy Guide
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health to Launch Travel Insurance, Targets ₹400 Cr GWP
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
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