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GST on Health Insurance Premiums

GST on Health Insurance Premiums: May Be Slashed to 5% Major Relief for Policyholders Likely Soon

GST on Health Insurance Premiums: In a much-anticipated move, the central government is considering a proposal to reduce the GST on health and term insurance premiums from the current 18% to just 5%. This landmark decision could be finalized in the upcoming GST Council meeting, expected before the Monsoon Session of Parliament 2025. If implemented,…

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AU Small Finance Bank Partners

AU Small Finance Bank Partners: with LIC to Expand Life Insurance Reach Across India

AU Small Finance Bank Partners: In a landmark move poised to strengthen financial inclusion and deepen insurance penetration across India, AU Small Finance Bank (AU SFB) has officially partnered with the Life Insurance Corporation of India (LIC) — the country’s largest life insurer. This collaboration aims to bolster the Government of India’s vision of “Insurance…

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A Complete Guide to the Insurance Sector

A Complete Guide to the Insurance Sector: Overview, Eligibility, Benefits & Application Process

A Complete Guide to the Insurance Sector: The insurance sector plays a crucial role in the modern financial ecosystem, offering protection against unforeseen events through legally binding agreements known as insurance contracts. At the heart of this industry is the principle of risk-sharing. One party, typically the insurer, assumes the responsibility of covering financial losses…

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Choosing the Right Health Insurance Company

Choosing the Right Health Insurance Company: What to Look For in 2025

Choosing the Right Health Insurance Company: In a time when medical expenses are skyrocketing and unexpected health emergencies can derail your finances, having a reliable health insurance policy is more than just an option—it’s a necessity. Especially in fast-paced cities like Bangalore and across Karnataka, where quality healthcare is accessible but expensive, selecting the right…

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Air India Crash May Trigger $475 Million Insurance Claims

Air India Crash May Trigger $475 Million Insurance Claims: Everything You Need to Know About Aviation Insurance in India

Air India Crash May Trigger $475 Million Insurance Claims: India is grappling with one of its worst aviation tragedies in over a decade, as the recent Air India crash is projected to result in insurance claims of up to $475 million. This devastating incident, which claimed hundreds of lives including passengers, crew members, and people…

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Bajaj Allianz Launches State-Wise Health Insurance Plans

Bajaj Allianz Launches State-Wise Health Insurance Plans: A Revolution in Personalized Health Coverage

Bajaj Allianz Launches State-Wise Health Insurance Plans: Bajaj Allianz General Insurance has made a game-changing move in the Indian health insurance sector by introducing state-wise customised health insurance plans, tailored to the cultural, linguistic, and healthcare needs of residents across the country. This is the first-of-its-kind initiative in India where health insurance policies are not…

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