News
Hyderabad's Ethika Insurance Wins International Insurtech Award -- Proof That India Can Redefine Employee Benefits for Asia
2+ hour, 48+ min ago (686+ words) "Insurance should not start at hospitalization. It should start at happiness. This recognition tells us the world is ready for that idea." -- Susheel Agarwal, Founder & CEO, Ethika Insurance Broking For Susheel Agarwal, who built Ethika entirely without external funding -- 100% bootstrapped…...
What is time policy in marine insurance?
4+ mon, 2+ week ago (621+ words) What is the time policy in marine insurance? Marine insurance protects against risks and potential financial losses like damage to ships, cargo and other property involved in international or domestic transportation. Whereas, a time policy in marine insurance defines the…...
Exemption of GST on life insurance: How your premiums get cheaper from September 22
4+ mon, 3+ week ago (825+ words) New Delhi [India], October 1: Life insurance is one of the most important ways to secure your family's financial future. Upto September 21, 2025, every policyholder had to pay an extra 18% GST on premiums, making protection plans costlier than the base premium. That…...
Govt circular cannot curtail insurance coverage, orders insurer to pay balance COVID-19 claim: Delhi HC
4+ mon, 3+ week ago (249+ words) Justice Sachin Datta made the observation while directing United India Insurance Company Limited to release the balance amount to petitioner Reena Goel, whose Covid-19 hospitalisation claim was only partly reimbursed despite being within the insured coverage. The non-release of the…...
GST exemption on insurance will make protection affordable, attractive for families: Experts
5+ mon, 1+ day ago (438+ words) Balachander Sekhar, Co-founder & CEO of RenewBuy, said that by removing the 18 per cent GST burden, the government has made protection more affordable, accessible, and attractive for millions of ... GST exemption on insurance will make protection affordable, attractive for families: Experts…...
Boehringer Ingelheim India Welcomes GST Councils Tax Reforms for the Healthcare Sector
5+ mon, 4+ day ago (360+ words) Boehringer Ingelheim India commends the recent measures announced by the GST Council aimed at reducing tax rates on medicines and life-saving drugs used for treatment of severe chronic diseases, ... Boehringer Ingelheim India Welcomes GST Council's Tax Reforms for the Healthcare…...
SCBA urges Finance Minister to exempt GST on group insurance premiums for advocates
5+ mon, 1+ week ago (306+ words) Representing a community of over 23,000 Supreme Court practitioners, the SCBA emphasised that the current 18 per cent GST rate imposes a significant financial burden, making welfare schemes less accessible to advocates. In a letter signed by SCBA President Vikas Singh, the…...
Best 1 Crore Term Insurance Plans in India: Features, Premiums & Benefits
5+ mon, 1+ week ago (627+ words) Best 1 Crore Term Insurance Policies in India 1. LIC - Jeewan Amar 2. HDFC Life - Click 2 Protect Plus This policy has wider coverage, and you can choose how long you want the policy. It also offers riders like critical illness and waiver of…...
GST exemption may hit insurers in short term, but long-term gains likely: Executives
5+ mon, 2+ week ago (451+ words) Individual life and health insurance premiums have been exempted from the 18 per cent GST from 22nd September onwards. This includes term insurance, health policies, including family floater and ULIPs. Bankim Mapara, Chief Financial Officer, Universal Sompo General Insurance, said that "the…...
SBI General Insurance Launches Specialized Health Insurance Branches in Andhra Pradesh & Telangana to Provide Wider Access to Healthcare for All
6+ mon, 1+ day ago (667+ words) As part of its commitment to building a more inclusive and customer-centric ecosystem, SBI General Insurance aims to significantly enhance the awareness and adoption of health insurance in these ... SBI General Insurance Launches Specialized Health Insurance Branches in Andhra Pradesh…...