The long-running COVID-19 pandemic, which began last year in India and is still ongoing, has taught us all some of the very crucial financial lessons with financial security being the most important ...

If you are a first-time buyer of a life insurance policy with not enough understanding of insurance products, a standard term plan could be a great option for you. In line with insurance regulator ...

Edelweiss Tokio Life Insurance Co. Ltd has launched India’s first standard term insurance plan called Saral Jeevan Bima, which is aimed at first-time buyers and those who may not have easy access to ...

The launch of a standardised term insurance policy was meant to simplify products. Called the Saral Jeevan Bima, the Insurance Regulatory Development Authority of India (IRDAI) had asked all life ...

The current term plans usually offer a minimum sum assured of ₹25 lakh and a term of at least 10 years(Mint) Edelweiss Tokio Life Insurance Co. Ltd has launched ...

After moderate success with its standardised health product Arogya Sanjeevani and Covid-specific covers, Irdai has now come up with a standardised life insurance product “Saral Jeevan Bima.” The ...

Insurers are required to offer standard term life insurance starting January 1, according to the Insurance Regulatory and Development Authority of India's (IRDAI) guidelines. 'Saral Jeevan Bima' is ...

Globally, insurance penetration was 3.35% for the life segment and 3.88% for the non-life segment. Advertisment An unexpected and troubling find was made in the recently published Economic Survey of ...

Term plans are supposed to be simple products in the life insurance space. But life insurers add different features, pay-out options and other conditions, making the selection of a term plan difficult ...

The term life insurance business in India is soon expected to heat up, with insurers all set to rollout the standard term insurance policy Saral Jeevan Bima from January 1st 2021. In the month of ...