The Aging Committee’s bill, one of at least 14 on the issue, would create a tax deduction and require public hearings for rate increases.

The regulator in its circular said that "to facilitate smooth transactions of payment of premium, a facility of the Unified ...

More than 90 percent of the participants in the policy claim regarding life insurance that had too high interest rates with ...

The government’s major reforms proposals include composite licence, differential capital, reduction in solvency norms, ...

Explore the role, types, and steps of using Life Insurance in Estate Planning. Understand ILITs and tax implications, and ...

The Bill, which has undergone extensive consultations over the past two years, proposes significant changes to the Insurance ...

Referred to as Bima-ASBA (applications supported by blocked amount), transfer of money from a prospective policyholder to the ...

Finance Minister Nirmala Sitharaman has suggested extending the free-look period for insurance policies from 30 days to a full year to prevent misselling. Experts, however, warn of potential fraud and ...

Swiss Re data shows that life insurance penetration in mature markets has fallen from 5.4% in 2007 to 3.6% in 2023 ...

A proposal to tie cancellation of private mortgage insurance policies to automated valuation models would add unnecessary ...

CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...