6 Common Life Insurance Myths Busted

INDERPAL AHLUWALIA | December 7, 2017

article image
Life insurance is not a glamorous topic and thus it is not discussed enough by people. Thus, making it an easy victim to myths and misperceptions. These myths result in the procrastination while making a decision in buying the most important financial protection of our life. Let’s dig out the common myths associated with a life insurance policy.

Spotlight

The New India Assurance Co. Ltd.

New India Assurance one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region excluding Japan. The New India Assurance Company Ltd wins NDTV Profit Business Leadership Awards 09 in Non-Life Insurance Category.

OTHER ARTICLES

How insurance companies are responding to COVID-19

Article | April 13, 2020

Amid COVID-19, banks began offering mortgage deferrals and slashing credit card interest rates in half for cardholders who need relief. Home and auto insurance companies COVID-19 plans are now being released. How will this impact your insurance right now? How can you save on insurance during COVID-19, while making sure to stay protected?

Read More

How Insurance Industry Can Better Leverage the Potentials of Big Data?

Article | March 5, 2020

The insurance sector has largely been driven by data to drive the dynamics of the industry for several years. However, advances in technology now have led to a broad range of solutions to assess large volumes of information for useful patterns. So, in order to succeed and remain competitive in the ever-changing field, insurers are turning to Big Data and analytics. The increasing use of these solutions delivers the capabilities to transform the industry by providing valuable insights into all facets of company operations and performance.

Read More

2020: Winning in the Digital Revolution of Insurance

Article | February 19, 2020

Technology, consumer demand, new competition, and changing market dynamics are revolutionizing the insurance industry. The increased pace of innovation and change has challenged traditional insurance practices and created a new age of insurance defined by greater connectivity and automation. Technology and innovation are creating unprecedented opportunity to generate greater operational efficiencies and more value for your business.

Read More

How technology will transform life insurance

Article | April 20, 2020

Do you know what the UK insurance industry is going through? A disruption that calls for complete metamorphosis. Not so different from what the whole world is going through at the moment. Crafting one-size-fits-all products and expecting them to sell like hotcakes is a huge misconception. Customers want products to be as personalised as possible. Pay per mile insurance or lower car insurance premiums for safe drivers are some examples. In the current global crisis, personalised life insurance would look like factoring in the unique health/ living conditions of the person and then providing insurance options.

Read More

Spotlight

The New India Assurance Co. Ltd.

New India Assurance one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region excluding Japan. The New India Assurance Company Ltd wins NDTV Profit Business Leadership Awards 09 in Non-Life Insurance Category.

Events