The Indian insurance sector is gearing up for a digital revolution as the government prepares to launch the Bima Sugam platform by December 2025. Envisioned as a one-stop online marketplace for all ...

Often, when life insurance is discussed, the first names that come to mind are LIC or private insurance companies. But as soon as the premium figures are revealed, people hesitate. Paying thousands of ...

The Life Insurance Corporation of India (LIC) has rolled out two new insurance offerings, Protection Plus and Bima Kavach, aimed at giving policyholders greater flexibility in how they plan protection ...

The health plan for CGHS beneficiaries serves as a complementary option alongside existing plans for central government employees.

Bima Sugam will be established under Section 8 of the Companies Act, 2013, as a not-for-profit company Shareholding of the company will be widely held amongst life, general and health insurers, with ...

It said that the marketplace would serve as a one-stop-platform for selling, servicing and claim settlements As per IRDAI, the platform will promote “transparency, efficiency, and collaboration across ...

(MENAFN- KNN India) New Delhi, Dec 19 (KNN) Parliament has passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which amends key legislation governing India's insurance sector, ...