Insurance claims are meant to offer financial protection when life throws unexpected challenges. However, for many policyholders, the claims process can be fraught with obstacles. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index […]
81% of Indians underinsured, Bajaj Allianz Life survey finds – CNBC TV18
A recent survey by Bajaj Allianz Life Insurance, conducted with NielsenIQ, reveals that 81% of Indians underestimate their life insurance needs. While financial experts recommend life cover of at least 10 times an individual’s annual income, the actual coverage among Indians is only 3.1 times their income. Index Fund Corner Sponsored Scheme Name 1-Year Return […]
Insurance Costs Decoded: How premiums, commissions and tax benefits affect policyholders – CNBC TV18
Insurance is essential for financial security, but understanding its costs is just as important. Many factors influence what you pay, from premium calculations to hidden charges and tax benefits. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% […]
Tata AIA launches two new funds to tap Into India’s consumption growth – CNBC TV18
Tata AIA Life Insurance has launched two new fund offers (NFOs) to capitalise on India’s growing consumer market. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index Fund +38.59% Invest Now Equity: Large Cap […]
Sanjiv Bajaj confident India’s insurance sector is set for a decade of growth – CNBC TV18
Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, sees strong growth opportunities for India’s insurance sector over the next decade, driven by low penetration and rising demand for financial security. “We have such low penetration levels in India that it doesn’t worry me at all that as Bajaj continues to grow, there will be […]
ICICI Prudential launches GIFT Select with guaranteed income feature – CNBC TV18
ICICI Prudential Life Insurance has introduced ‘ICICI Pru GIFT Select,’ a long-term savings product offering guaranteed income along with a lump sum maturity benefit. The product is designed to provide financial stability amid market volatility. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% […]
Go Digit’s new insurance policy will pay Delhi-NCR migrant workers during pollution bans – CNBC TV18
Go Digit General Insurance Limited (Digit Insurance) has teamed up with K.M. Dastur Reinsurance Brokers (KMD) to introduce one of India’s first AQI-based parametric insurance policies for migrant workers in the Delhi NCR region. The policy aims to mitigate wage losses for construction workers during air pollution-induced construction bans. The parametric insurance policy will trigger […]
Insurers divided on government’s proposal to extend free look period – CNBC TV18
Life and health insurers have expressed mixed views on the government’s proposal to extend the Free Look Period (FLP) from one month to one year. The FLP allows policyholders to cancel their insurance policy without surrender charges if they believe it was mis-sold. Company Value Change %Change Life insurers’ view According to sources, life insurers […]
New insurance premium payment facility via UPI from March 1: What it is and how it will work – CNBC TV18
The Insurance Regulatory and Development Authority of India (IRDAI) has announced a new premium payment mechanism, Bima-ASBA (Applications Supported by Blocked Amount), using the Unified Payments Interface (UPI). Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis […]
Mirae Asset Sharekhan enters life insurance distribution with ICICI Prudential and HDFC Life partnerships – CNBC TV18
Mirae Asset Sharekhan, a prominent financial platform in India, has expanded its offerings by entering the life insurance distribution sector. The company has formed strategic partnerships with ICICI Prudential Life Insurance and HDFC Life, marking a significant step towards providing comprehensive financial solutions that integrate wealth creation with long-term financial security. Index Fund Corner Sponsored […]