A new bill, Sabka Bima Sabki Raksha, has been introduced in Parliament. This aims to transform India's insurance sector. Foreign investment limits will rise to 100 percent. New licenses for specific ...

LIC Protection Plus is a non par, linked, life, individual, savings plan that offers life insurance cover cum savings throughout the term of the policy. Besides life insurance cover, it offers ...

Life Insurance Corporation of India (LIC) has rolled out two new insurance products—Protection Plus (Plan 886) and Bima Kavach (Plan 887)—to cater to a broad spectrum of policyholder needs. While ...

It can facilitate foreign funds to development projects and speed up claim settlements by ending the state insurer’s market dominance Government plans reinsurance law clause removal SBC lacks credit ...

If your claim is delayed, a refund hasn’t arrived, or a policy change was handled poorly, the Bima Bharosa portal gives you a formal, time-bound path to resolution. It’s IRDAI’s upgraded, ...

LIC Jan Suraksha Plan: This is a non-participating and non-linked insurance scheme specially made for low-income groups. LIC Bima Lakshmi Plan is a non-participating and non-linked scheme. Image from ...

Imagine an online platform where you can not only compare and purchase insurance policies, but also file claims, raise service requests, and track complaints. That’s the vision behind Bima Sugam, the ...

Envisioned as a single digital hub, the online platform will enable customers to compare, purchase, and manage insurance policies with ease. (Photo source: Canva) Insurance e-marketplace Bima Sugam is ...

Ajay Seth, Chairman of the Insurance Regulatory Development Authority of India (IRDAI) on September 17 (Wednesday), launched the official website of Bima Sugam India Federation (BSIF). In a statement, ...

The newly launched Bima Sugan Federation of India (BSFI) website is expected to significantly contribute to all stakeholders of insurance industry, according to experts. “Bima Sugam is a landmark ...