Life insurance companies in India generally offer term life insurance policies for tenures of 10 or 20 or 30 or 40 years. One of the primary benefits of these plans is that they may come with a built-in option that enables the policyholder to convert them into permanent life insurance plans...
Life insurance is more than just a financial product; it’s a long-term commitment to your family’s financial security. Here are the key benefits of life insurance in India: Financial Security for Loved Ones: Provides a lump-sum death benefit to your family in case of your untimely demise...
This paper studies the impact of grievances on the performance of life insurance companies in terms of premium collected by different selected life insurance companies in India. The main objective of life insurance sector in India is to ensure speedy settlement of genuine claims, to prevent ...
In simple words,Itprovides a dedicated sum of money on the demise of the policyholder or after a certain amount of time.Itis one of the essentials which an individual should have for the more stable future of his family in his absence.In India, 24 Life Insurance Companies are operating, ap...
Life Insurance Policy is helpful as it provides financial assistance to your family in your absence. These days considering the COVID-19 situation companies offer various life insurance plans which are convenient and are available at affordable rates for those who really need it. Life insurance pol...
Being one of the oldest and largest government-owned life insurance companies, LIC of India continues to be the dominant life insurer even in the liberalized scenario of the Indian insurance sector. For over years now, the company is surpassing its own past records. Here are few objectives of...
>>>Top 20 General Insurance Companies in India Check Modern Fund Value of SBI Life Policy Online Most of the policy holders are always eager to find out their fund value. The eagerness is so high that customers end up sharing private information such as policy number or mobile number to com...
The Life insurance market in India is projected to reach a market volume of US$134.30bn in 2029.
Figure 1 : The key problems plaguing the life insurance companies in India are as follows: Persistency ratio is defined as the percentage of all existing policies that are renewed by the insurer annually. Policy premiums in India are due monthly, quarterly and yearly. However, due to the facto...
Among the few profitable life insurance companies operating in India, PNB MetLife has been consistently profitable for the last 10 financial years. ...Read More What Our Customers Say arrow_back PNB MetLife Products are made keeping safety and utility in mind, making it very helpful to my fam...