Indias Insurance Gap: In a country witnessing rapid economic growth, rising healthcare costs, and increasing financial complexity, insurance should be a critical safety net. Yet, the recently published Suraksha Kavach Report 2025 by Bajaj Capital Insurance Broking Ltd. reveals a stark truth — while awareness is at an all-time high, most Indians remain dangerously underinsured….
Insurance Awareness Day 2025: National Insurance Awareness Day, celebrated annually on June 28, plays a crucial role in educating individuals about the importance of insurance in modern life. As we navigate an unpredictable world filled with risks—from natural calamities to health emergencies—insurance provides the financial backup needed to safeguard our assets, income, and loved ones….
Insurance Penetration Rises, but Indians Still Financially Exposed: India’s insurance landscape has undoubtedly evolved, with awareness and policy uptake on the rise. Yet, a new report—Suraksha Kavach Report 2025 by BajajCapital Insurance Broking Ltd.—uncovers a sobering contradiction. Despite increasing insurance penetration, a large majority of Indians remain financially vulnerable during real-world emergencies. While digital tools,…
Insurance Illusion: A recent survey conducted by InsurTech platform CoverSure has brought to light a startling revelation: 79% of Indian policyholders are unsure whether their current insurance policies offer adequate coverage. Released ahead of National Insurance Awareness Day on June 25, the survey draws attention to a growing crisis of insurance illiteracy and under-insurance in…
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…
How to Avoid Insurance Claim Rejections: Insurance claims are designed to provide financial protection when unexpected challenges arise. Whether it’s a medical emergency, vehicle damage, or property loss, policyholders rely on insurance companies to cover their expenses. However, many claims get rejected due to various reasons, leaving individuals in a stressful financial situation. The frustration…
