Life insurance is largely sold through intermediaries like agents and brokers who guide customers through product choices, documentation, and servicing. To compensate these intermediaries, insurers pay commissions linked to the

Two indicators are used worldwide to understand how well insured a country really is: Penetration shows the importance of insurance to the economy while density shows the importance of insurance

Decembers are usually a busy holiday month for airports around the world, but on 2nd December 2025, India woke up to airports filled with stranded passengers, and thousands scrambling for

Have you ever noticed that the Claim Settlement Ratio (CSR) of nearly any Insurer in India always happens to be over 90%! The Government, with its goal of Insurance for

In April 2024, the insurance regulator IRDAI introduced changes to the health insurance regulations to protect policyholders and improve the health insurance experience. These revisions will be applied toall new

SURRENDER VALUE in Life Insurance policies Starting April 1, 2024, as announced by the insurance regulator IRDAI, revised surrender values in non-linked or linked life insurance products – traditional endowment

You may have heard the phrase ‘cohort-based pricing’ being tossed around a lot recently; owing to the news that the regulator IRDAI is considering a proposal from health insurers to

The wait for insurance inclusivity. In February 2023, the regulator IRDAI had mandated Insurance companies to offer annual health coverage to disabled, HIV-positive and mentally disabled people. The regulator had

A definition is a description of the nature, scope and the meaning of something. In health insurance, policy wording and definitions of various facilities, diseases, etc. are extremely important. Typically,

If it is true that insurance is not subject matter of solicitation then insurance is not purchased, it is sold. If insurance is sold, then it is one among the