Latest news and updates about term insurance in India
Every year, the Union Budget reshapes how Indians save, invest, and protect their families. The 2025 Budget brought welcome changes for insurance buyers: lower costs on premiums, clearer tax rules for high-value ULIPs, and continuation of existing deduction limits. If you hold a term insurance policy or plan to buy one, these changes directly affect … Read more
You buy a term insurance policy today, and it protects your family for the next 30 years. But what about the rules governing that policy? Those are changing too. The Insurance Regulatory and Development Authority of India (IRDAI) has been quietly reshaping insurance regulation in India through a series of reforms aimed at making policies … Read more
Insurance in India has always been wrapped in jargon and complicated policy documents. Recognizing this challenge, the Insurance Regulatory and Development Authority of India (IRDAI) has initiated reforms aimed at simplifying insurance products. This move is designed to make insurance more accessible, transparent, and customer-friendly, in line with the vision of “Insurance for All by … Read more