Rising Term Insurance Adoption Fails to Close Coverage Gap: Focus on Women-Centric Policies

Women in India are increasingly active in financial decision-making, yet a significant life insurance protection gap persists. Government data shows the Female Labour Force Participation Rate (FLFPR) climbed from 23.3% in FY18 to 41.7% in FY24, highlighting women’s expanding economic role. Despite this progress, a 2025 Policybazaar report reveals women make up only 11% of … Read more

The Goods and Services Tax (GST) could be eliminated for term life insurance and health insurance for seniors.

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India stands on the brink of a significant transformation regarding the tax implications of term life insurance premiums and health insurance premiums for senior citizens. The GST Council is considering the possibility of exempting these essential categories from the Goods and Services Tax. This change could result in substantial savings for millions and encourage greater … Read more

Role of GPS in Car Insurance Policies

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Car insurance is undergoing a technological transformation, and one innovation at the forefront is GPS tracking. Increasingly, insurers are incorporating GPS-enabled devices into their policies to monitor driving behavior, deter theft, and offer more personalized premium rates. But what does this mean for you as a car owner? Let’s break down how GPS technology integrates … Read more

Why Do Most Indians buy for Health Insurance Coverage of ₹5 Lakh or Less? Why are Health Insurance Premium high In India?

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In India, a large number of private health insurance policyholders are witnessing a concerning trend—rising premium costs coupled with an increasing number of claim rejections. 18% GST levied on premiums add to it, prompting many to forego policy renewals altogether. Healthcare remains one of the most significant expenses for individuals in India. With medical inflation … Read more

Licentiate exam helps in building a career in the Insurance Industry in India

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Upon certification, candidates can pursue various roles in the insurance industry, including Assistant Administrative Officer, Insurance Surveyor, Risk Manager, Underwriter, Claims Adjuster, Actuary, Insurance Consultant, and more. Potential employers include numerous Life Insurance and Non-Life Insurance companies across the country. The Insurance Institute of India (III) offers exams that certify and train candidates in different … Read more

Jobs in Health Insurance Claims

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Job description A Health Insurance Claims Job typically involves processing, evaluating, and managing claims made by policyholders under their health insurance policies. People in this role work with healthcare providers, policyholders, and insurance companies to ensure that claims are accurately processed, payments are made, and services are covered according to policy terms. Here’s a breakdown … Read more

Star Health Under Scrutiny for Claim Settlement Practices

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The Insurance Regulatory and Development Authority of India (IRDAI) has raised concerns over the claim settlement practices of Star Health and Allied Insurance, a prominent stand-alone health insurer. The regulator’s investigation uncovered significant issues in the company’s approach to settling claims. IRDAI’s report delved into various claim-related metrics, including the number of claims rejected, accepted, … Read more

Medical insurance for kabaddi, football, hockey players

Discussions are underway to launch a medical insurance scheme for kabaddi, football, and hockey players across Tamil Nadu, Deputy Chief Minister Udhayanidhi Stalin announced on Sunday. He made the statement while addressing the media at a welfare distribution event for kabaddi players in Keelakarai. During the event, Udhayanidhi distributed sports equipment and medical insurance to … Read more