The staff collected the insurance bond from the family members, corroborated the same with the details in the FIR and other documents filed by the police

India has a major share of the millennial demographic — 34% of the total population — to be precise. While this might be a significant percentage, before the pandemic struck, this consumer segment seldom considered having an adequate insurance policy.

There has been a rise in awareness about the benefits of insurance, but the sector still has a long way to go

You can explore pay as you go model and work on deductibles, too Do you own a four-wheeler but find commuting via public transport on a daily basis more feasible than driving? Or are you someone who owns more than one vehicle but usually drives one of them more than the others? If yes, here are a few tips for you to save on your motor insurance premium.

The Draft National Policy for Senior Citizens has rightly placed emphasis on promoting the existing pension programmes

India’s largest life insurer, Life Insurance Corporation, has raked in tidy gains on its equity investments so far this fiscal, thanks to a sanguine capital market. LIC has booked profits of ₹14,857 crore as against ₹11,437 crore last year for the same period (April to September) showing a growth of 30.37 per cent.

It will not be mandatory for businesses now to pay wages to their workers during the lockdown. The Home Ministry’s guidelines for the fourth phase of lockdown starting Monday has withdrawn the order for such an action.

State-owned Life Insurance Corporation of India said it has achieved highest number of policies for the last six years in 2019-20. In a round-up of its performance for the last fiscal, LIC said it registered a growth of 25.17 per cent in first-year new business premium when compared to private players who collectively achieved a premium growth rate of 11.64 per cent.

The 2020 Olympics have been postponed amid the global coronavirus pandemic that has brought nearly all sport to a halt worldwide.

Growth has been driven by LIC's products that were closed and re-launched in February

Says IPO of insurance major will not lead to change in ownership

Crosses last fiscal’s figure with 67 days to spare this year

An insurance company’s obligation to pay out is contingent upon whether the premium has been paid

The insurer has come to the government’s rescue in its disinvestment agenda, time and again

Across the country, there has been a mad rush to renew lapsed insurance policies by motorists, thanks to the new Motor Vehicles Act that has imposed heftier fines for those driving uninsured vehicles. Apart from the fine, there are other reasons why you should renew your lapsed motor insurance policy.

State-owned Life Insurance Corporation (LIC) of India registered a 6.08 per cent increase in its total premium income to ₹3,37,185.40 crore in 2018-19 against ₹3,17,850.99 crore in 2017-18.

The Insurance Regulatory and Development Authority of India (IRDAI) on Friday allowed insurers, with effect from September 1, to issue standalone annual own damage (OD) cover for cars and two-wheelers, both new and old.

The Reserve Bank of India cut the repo rate by 25 basis points for a third consecutive time on Thursday and also shifted its stance to accommodative from neutral amidst concerns about slowing growth.

Life Insurance Corporation of India registered 5.68 per cent growth in premium at ₹1,42,192 crore

LIC switches to SMS alerts for policy premium and maturity reminders