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.
Category : Search result: fake insurance scam
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.
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.
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.
Man fakes death for insurance, kills another in Latur
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
Chef Scammed of Rs 1.73 Lakh in Fake Job Fraud
A Delhi chef lost Rs 1.73 lakh to a Bengaluru 'agency' promising overseas jobs. Delhi Police arrested three, including an MBA grad & bank manager, for the interstate cyber fraud syndicate. Read how the scam unfolded.
India's Life Insurance Claims: High Settlement Ratios & Challenges
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.
Goa Makes Coconut Worker Insurance Free from 2025-26
Goa govt approves major overhaul of Kera Suraksha Insurance Scheme, making Rs 7 lakh coverage free for all coconut workers from 2025-26. Details inside.
Small Cars, SUVs Lead Insurance Claims; EVs Most Expensive to Fix
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
Court orders insurer to pay Rs 3.9 lakh claim after 23-year policy
A Rajkot woman's insurance claim for knee surgery was rejected as 'experimental.' After 23 years of premiums, the consumer court ruled in her favour. Read the full story.
Govt's Insurance Reform Bill to Allow 100% FDI, Composite Licences
The Indian government is set to introduce a sweeping insurance reform bill, raising FDI to 100% and introducing composite licences. This aims to boost capital, competition, and penetration in the sector. Read more.
Chola MS Insurance Aims for H2FY26 Growth After Profit Drop
Chola MS General Insurance expects improved performance in H2FY26. MD V. Suryanarayanan discusses motor portfolio, crop insurance plans, and rural expansion to 2.2 lakh gram panchayats. Read the full interview.
76-Year-Old Loses Rs 6L in Insurance Fraud
Ahmedabad cybercrime police file case against 5 for cheating 76-year-old accountant of Rs 6,08,852 in fake insurance scam. Learn how to protect yourself from such frauds.
Delhi man's insurance fraud with mannequin exposed in UP
UP Police uncovers bizarre insurance fraud attempt where Delhi businessman tried to cremate mannequin to claim ₹50 lakh policy. Read the shocking details.
Term Insurance Boom in India's Tier-2 Cities
Discover why term insurance demand is growing 35% in India's tier-2 cities. Improved digital access, financial literacy, and younger demographics are driving this shift toward financial protection.
LIC, SBI Life Stocks Drop on New Insurance Bill
LIC, SBI Life and other insurance stocks fell up to 2% as government plans to introduce Insurance Laws Amendment Bill in Parliament's winter session. Key details inside.
Tata AIA Premier SIP Growth: Young Professionals Embrace Insurance
Tata AIA's Premier SIP sees 40% growth as young professionals drive demand for SIP-linked insurance plans. Discover how this financial instrument combines protection with wealth creation.
Top-Up Health Insurance Benefits for Indian Families
Discover how top-up health insurance plans provide enhanced coverage at affordable premiums. Learn about key benefits, cost savings, and why every Indian family should consider this financial protection.
Health Claim Denied Over Old Illness: Your Rights
Insurer rejected AMAN claim citing undisclosed 2008 spondylitis. Learn IRDAI rules on claim rejection, moratorium protection & grievance options. Know your insurance rights now!
How to Successfully Claim Ayurvedic Treatment Insurance
Learn why insurers scrutinize Ayurvedic hospitalization claims and discover 5 practical strategies to increase your approval chances. Get your legitimate claims paid with proper documentation.
Talegaon doctors held in ₹22 lakh insurance fraud case
Two Talegaon doctors arrested for submitting identical X-ray images in 14 fake insurance claims totaling ₹22 lakh. Police investigation reveals systematic forgery of medical documents.
Term Insurance Demand Grows 30% as Indians Seek Protection
Tata AIA Life Insurance reports 30% surge in term insurance demand as Indians prioritize long-term financial security. Learn how changing attitudes drive growth.
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