Hardik Lashkari 
Buying term insurance in India used to mean filling out a paper form, waiting for a medical examiner to visit your home, and then waiting 3-6 weeks for a decision. In the last few years, two technologies have begun reshaping this process: artificial intelligence (AI) in underwriting and digital KYC (Know Your Customer) for identity … Read more
There is a persistent belief in Indian personal finance circles that the earlier you buy term insurance, the better. And in many cases, that is true: premiums are lower when you are young and healthy. But “earlier is always better” is an oversimplification that ignores a basic principle: term insurance exists to protect financial dependents. … Read more
The standard approach to term insurance in India is simple: buy one large policy that covers all your financial obligations. A ₹1 crore or ₹2 crore policy, purchased in your late 20s or early 30s, and held until retirement. It works, but it is not the only approach, and it may not be the most … Read more
In insurance, trust matters. When your family files a death claim, the insurer either pays or it does not. The claim settlement ratio (CSR) tells you how often each insurer pays. Here is how private and public sector insurers compare on that metric and on the speed and amount of what they actually pay out. … Read more
Your family buys term insurance expecting that if the worst happens, the claim will be paid without hassle. In most cases, it is. Industry-wide claim settlement ratios in India are above 98%. But the remaining 1-2% of claims that get delayed, disputed, or denied are often caused by issues that were completely preventable. These are … Read more
Life cover is not a legal condition for a home loan. RBI’s conduct directions treat compulsory bundling as mis-selling, and IRDAI has proposed banning it outright. Here’s when you can say no, and what to do if a lender insists.