According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

by | Mar 15, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC

New business premiums of life insurance companies in India continued to decline in February, marking the fourth consecutive month of decline since the new surrender value guidelines came into effect in October 2024. The data from the Life Insurance Council showed that...
According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

The State Consumer Forum’s handling of disputes related to the defrauded LIC scheme is marred by lengthy delays, exacerbating the suffering of innocent beneficiaries, says Ravindranath.

by | Mar 14, 2025 | Insurance, LIC

On March 14, 2023, Udupi Human Rights Protection Foundation president Ravindranath Shanbhag expressed his concerns about the lack of progress in resolving the issue of LIC’s Jeevan Madhur policyholders in Chikkamagaluru district. Over 50,000 policyholders have...
According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

According to the latest settlement ratios, Axis Max and HDFC secured the top spots with an impressive 99% rate, while Reliance Nippon trailed slightly behind at 94%.

by | Mar 14, 2025 | Aviva Life Insurance, Insurance, LIC

The article discusses the importance of claim settlement ratio when it comes to life insurance, as it helps policyholders understand how likely an insurer is to honor their claims. The claim settlement ratio is the percentage of claims that an insurance company pays...