Life Insurance
Latest news, explainers and analysis on Life Insurance. Tracking 5 stories on Arth Vani.
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Latest on Life Insurance
Breaking₹1 Crore Term Insurance: Why Claim Settlement Ratio Matters Most
For high-value term insurance policies like ₹1 crore, an insurer's Claim Settlement Ratio (CSR) and low repudiation volume are paramount. This ratio indicates the likelihood of your family receiving the full sum assured, making it a critical factor when choosing a life insurance provider in India.
US Expert Highlights Crucial Life Insurance Questions for Indian Savers
An article published on September 8, 2026, featured US Insurance Expert Michael Oehrke discussing fundamental questions around life insurance: when to buy it and how much coverage is adequate. These core questions are highly relevant for Indian retail investors planning their financial security and ensuring family protection.
BreakingWidow Wins ₹1 Crore Life Cover Battle After Insurer Cites Nondisclosure
A widow has successfully claimed ₹1 crore from Tata AIA Life Insurance after the company initially rejected her claim, citing nondisclosure of prior insurance issues. The court ultimately ruled in favour of the family, highlighting the importance of clear communication and adherence to policy terms.
BreakingLapsed Life Policy: Nominees May Get Premiums Back, Rules Consumer Panel
The Maharashtra State Consumer Disputes Redressal Commission has ruled that nominees are generally not entitled to a death benefit from a lapsed life insurance policy. However, in exceptional circumstances, insurers may be required to refund premiums paid.
New LaunchPlutus to Launch AI Platform for Life & Annuity Insurers on July 30, 2026, Boosting Operations
Plutus, an insurance AI company, is set to launch a new 'Agentic Platform' on July 30, 2026, designed to streamline operations for life and annuity insurance providers. Built within ServiceNow, this platform will introduce six AI-powered solutions aimed at enhancing transaction processing and overall service quality for carriers.
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