life insurance News

Sebi's Innovative Plan: Mutual Funds Paired with Life Insurance to Attract Rural Investors

Sebi plans to introduce mutual fund schemes bundled with term life insurance to attract rural investors, aiming for financial inclusion and low-cost premiums. A 'Pay Right' initiat...

Over Rs 22,000 Crore Unclaimed: The Hidden Wealth in Life Insurance Policies

Life insurers hold over Rs 22,000 crore in unclaimed amounts, with efforts underway to reduce this figure. Policyholders are urged to engage in proper estate planning, especially w...

India's Insurance Penetration Dips: A Closer Look at the Numbers

India's insurance penetration has declined for the second year in a row, reaching 3.7% in FY24. This contrasts with global trends of increasing insurance penetration, highlighting ...