Life Insurance Archives

Credit Life Insurance: Why Ditch the Bank’s Policy and How To Cancel It During Free-Look Window

By Donald Gonsalves|2026-10-22T19:06:41+05:30October 23, 2026|

Buying a credit life insurance policy often follows after you take a loan from a bank. But is a credit life policy the right insurance policy to secure your family from debt in case of your demise or will it benefit the bank more than you? Is there any better alternative and what to do if you have already purchased a credit life policy? We have answered all these questions to help you make a informed decision.

Individual vs. Group CSR: The Hidden Trap in Your Insurance Ratio

By Donald Gonsalves|2026-07-03T10:33:30+05:30July 4, 2026|

Think a 99% Claim Settlement Ratio means your insurance policy is safe? Think again. Discover the crucial difference between Individual and Group CSR, and why looking at the wrong number could leave your family unprotected.

Ageas Federal Life Insurance Clinches No. 1 in FY26 with Record 99.82% Claim Settlement Ratio

By Donald Gonsalves|2026-07-03T08:09:46+05:30July 3, 2026|

Ageas Federal Life Insurance has secured the #1 position in the industry for its Retail (Individual) Claim Settlement Ratio (CSR), posting an unprecedented 99.82% for the 2025–2026 financial year (FY26). "Every claim we settle is a promise honoured," said Jude Gomes, Managing Director & CEO of Ageas Federal Life Insurance. "Being recognised as the industry's leader in Individual Claim Settlement Ratio reflects the trust our customers place in us and the dedication of our teams to stand by them when they need us the most." Since 2022, Ageas Federal is the first life insurance company in India to see its foreign partner control a full 74% stake, the absolute maximum allowed under the country's Foreign Direct Investment (FDI) regulations.

Early Payout Life Insurance Plans: Are You Really Growing Wealth

By Donald Gonsalves|2026-06-14T08:19:04+05:30June 14, 2026|

Early Payout Life Insurance Plans create excitement because money starts coming back quickly. But cash flow and wealth creation are not the same thing. But before deciding, it helps to understand what is actually happening.

Term Insurance is Emerging as an Unexpected Mental Health Tool, Research Suggests

By Donald Gonsalves|2026-01-08T16:38:19+05:30January 8, 2026|

Term insurance is increasingly being seen not just as a financial product, but as a powerful mental health tool. Research in psychology shows that removing financial uncertainty significantly reduces stress, anxiety, and anticipatory fear among earners with dependents. Adequate term cover provides peace of mind by ensuring family security, allowing individuals to live and work with greater emotional stability.

Bima Central Alerted Policyholder Over Nominee Data Discrepancy in Term Insurance

By Donald Gonsalves|2025-07-12T12:38:31+05:30July 12, 2025|

A Reddit post has spotlighted a hidden risk in term insurance: incorrect nominee relationship data. Bima Central alerted the user to this discrepancy. This incident underscores the vital role of digital repositories like CAMSRep in safeguarding insurance records.

Top 10 Life Insurance Companies in India: A Comprehensive Guide

By Donald Gonsalves|2026-06-16T10:33:53+05:30June 26, 2024|

Life insurance is an essential investment that provides financial security to individuals and their families. There are numerous life insurance companies that offer different types of policies to cater to the diverse needs of customers. To help individuals make an informed decision, we have compiled a list of the top 10 life insurance companies in India.