Life insurance

Insurance Amendment Bill Aims To Boost Sector Growth, Strengthen Oversight: Sitharaman

Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight.

 

Dec 16, 2025, 19:22 PM IST

CA Explains Strategy Of Buying Pre-owned Life Insurance Policies; Says With 12% Returns This Insurance Loophole Could Beat FDs

The post has received widespread response on social media with many users commenting that turning lapsed insurance into a fixed-income opportunity shows how innovation is reshaping traditional finance.

Oct 09, 2025, 12:58 PM IST

No GST Benefit In Sight: Insurance Companies Arbitrarily Hiking Premiums, Alleges Investment Analyst; Post Goes Viral

Health and life insurance, which earlier attracted 18 per cent GST, have now been moved to the nil tax category.

Sep 16, 2025, 11:46 AM IST

Centre Directs Insurance Companies To Pass On GST Benefits To Policyholders

Health and life insurance, which earlier attracted 18 per cent GST, have now been moved to the nil tax category.

Sep 16, 2025, 09:31 AM IST

Rs 1 Crore Vs Rs 3 Crore Vs Rs 5 Crore Term Life Insurance – How Much Is Right For You?

Choosing between Rs 1 crore, Rs 3 crore, and Rs 5 crore term life insurance depends on your income, liabilities, and family's future needs, with online calculators helping determine the ideal coverage.

Aug 20, 2025, 13:49 PM IST

Life Insurance Sector To Get Booster Shot With FDI Limit At 100%

Private insurers saw a surge in retail sum assured by 41 per cent YoY in 9M FY2025 (30 per cent in FY2024), higher than the retail NBP growth of 17 per cent (7 per cent in FY2024).

Feb 19, 2025, 14:52 PM IST

ICICI Pru Life Insurance Shares Close Down By 6%

On the NSE, ICICI Prudential Life Insurance stock declined by 5.91 per cent to close at Rs 598 per piece. 

Jan 22, 2025, 19:42 PM IST

Will Term Life Insurance Premium, Senior Citizen's Health Coverage Be Exempt From GST? Final Decision Next Month

A final decision on GST on health and life insurance premiums, as well as rate rationalisation, is likely to the taken by the GST Council, chaired by Union Finance Minister and comprising state counterparts, in its meeting scheduled to take place next month.

Oct 21, 2024, 09:32 AM IST

GST Council Forms GoM To Review Tax Rate On Health, Life Insurance; Report By Oct 30

The 54th GST Council meeting on September 9 decided to set up a GoM to examine and review the present tax structure of GST on life and medical insurance.  

Sep 15, 2024, 19:41 PM IST

Post Office Life Insurance Plan: Sum Assured Up To Rs 50 Lakh; Who Can Take The Scheme, What Are The Loan Provisions? Explained

Here is all about Post Office Whole Life Assurance-Suraksha Policy you want to know

Aug 08, 2024, 08:51 AM IST

IRDAI Introduces Higher Surrender Payouts On Early Exit From Life Insurance Policies

The IRDAI also allowed insurers to design a variety of new products, including index-linked plans and variable annuity payout options.

Jun 16, 2024, 14:11 PM IST

DNA: New rules for insurance people!

Our next news in DNA is going to provide relief to crores of people who have taken General Insurance. IRDAI has issued a circular for this in which big relief has been given for the policy holder.

Jun 13, 2024, 00:14 AM IST

Interim Budget 2024: Life Insurance Sector Demands Distinct Tax Deduction Limit Apart From 80C

Gupta said that even though the upcoming budget is a Vote on Account, the insurance sector sees continuation of the infra capex and self-dependency themes.

Jan 22, 2024, 15:15 PM IST

DNA Exclusive: This Health Insurance News Will Bring Smile To Your Face

In the coming times, you will only receive Cashless Medical services in every hospital. The system of Reimbursement Claims is soon going to be abolished.

Dec 19, 2023, 23:10 PM IST

6 Expert Tips For Avoiding Claim Rejection And Resolving Disputes In Health Insurance

By being proactive and well-informed, consumers can protect their rights as policyholders and ensure smooth healthcare financing through their health insurance coverage.

Jul 14, 2023, 07:19 AM IST

'No Tearing Hurry': SAT Stays IRDAI's Order To Transfer Sahara India Life Biz To SBI Life Insurance

Staying the IRDAI's June 2 order transferring the life insurance business of Sahara India Life to SBI Life, the SAT said: "... we find it strange that such steps have been taken after a gap of 5 years and that too without granting an opportunity of hearing."

Jun 14, 2023, 14:26 PM IST

Sahara India Life Merging With SBI Life? Here Is All You Want To Know

This is not a merger between the two companies but only a transfer of the policyholder related assets and liabilities of Sahara Life Insurance to SBI Life, the company said.

Jun 05, 2023, 09:12 AM IST

DNA: Medical Insurance.. Benefit or Trouble?

There would be many of you who had to struggle a lot for medical insurance claims. Actually, companies make big promises while selling medical insurance, but as soon as the time comes to pay the claim, they put some clauses in front of you.

Mar 15, 2023, 23:50 PM IST