Increase in term insurance premiums delayed by 10-15 days; buy now to avail lower prices
According to Indraneel Chatterjee, Co-Founder, RenewBuy Insurance, the renewed contracts of term policies need to be approved by the Insurance Regulatory Development Authority of India (IRDAI) and…
How Saral Jeevan Bima fares among term plans
According to Inderaneel Chatterjee, Co-Founder and Principal Officer, RenewBuy, "The premium for the standard product appears relatively high because the other terms plans cater to individuals…
Tweak your portfolio to help it meet challenges of the new financial year
Above, we said that if your current expense is Rs 10 lakh a year, you should aim for a retirement corpus of Rs 3 crore by 60. Suppose you are 40 and have a corpus of Rs 1 crore. Then you should…
All you need to know about term insurance premiums increase
Term insurance plans are the simplest form of insurance in which the beneficiaries of the policy receive the sum assured in case of the demise of the policyholder during the tenure of the policy.…
All you need to know about term insurance premiums increase
Term life insurance plan premiums are set to go up by several insurance providers in the country. The increase in the term insurance can range between 10-15 percent. While some insurers have…
Cancellation of a policy is different from non-renewal
Did you know that there is a difference between an insurer cancelling a policy and choosing not to renew it? Cancellation means termination of the policy. It can be done either by the insurer or…
Term insurance set to become costlier by up to 15% post April 1 – Here’s what you can do
Premiums for term insurance plans are likely to increase between the range of 10 per cent to 15 per cent soon. While some insurers have already increased the premiums in recent months, some others…
RenewBuy to provide insurance for electric vehicles
Technology is playing a vital role in disrupting the insurance industry in India and is helping create differentiation in consumer experience and service as well as enhancing geographical access,…
Insurtech Gets a Boost in India Amid Rising Digital Adoption
Fundamental shifts in consumer preferences, favourable regulation, and rising interest from investors are stimulating the growth of insurtech in India. Results of a survey conducted by the Boston…