Life Insurance vs Term Insurance: Which one should you choose?
We all want to make sure that the financial future of our loved ones remains secured against uncertainties. Life insurance is something many people find useful, but not all types of life insurance products are the same. Term insurance is one kind of life insurance that gives you coverage for a set time. Which term insurance you pick depends on what’s going on in your life and what you need.

Growth path: Premium of non-life insurance companies grew 12.78% in FY24
The premium fell short of touching the Rs 3 trillion mark amid a slowdown in the growth rate of health and motor insurance, along with weak growth in the crop insurance segment.

Break the system of ill-health and incentivise health, says GOQii chief
Mumbai: Close to 60 per cent women fell into the “unhealthy” category, says GOQii India Fit Report (2024), underlining the need for targeted interventions for women. Vishal Gondal, GOQii Founder and Chief Executive, says that women are often seen caring for other’s health and not their own. And this gets compounded with conditions like PCOS, Thyroid etc, he adds. About 16 per cent of the women were also found to be obese.

More dependants, increased liabilities should prompt hike in term cover
Just like investments, your insurance portfolio too needs an annual check-up. Every year, you should assess if the current coverage amount is adequate, and in harmony with the medical inflation.

Checklist. Follow these tips to avoid rejection of health claims
Even though the claims process is the most critical aspect of your policy, yet, at the actual time of filing, it might be akin to navigating a complex maze. Whether it’s term or health insurance, any difficulty in getting the claim means that it’s the policyholder who ends up bearing the brunt of the process, which eventually erodes the trust in the industry. It is, therefore, better to be informed and prepared with practical solutions for whatever the claims process holds for you. Here we highlight some common problems faced by consumers and ways to address them.

Sebi cracks down on fininfluencer, orders to impound Rs 12 crore ‘unlawful gain’
Sebi has barred Ravindra Bharti Education Institute, co-founded by finfluencer and YouTuber Ravindra Balu Bharti, from the securities market and directed to deposit Rs 12 crore “unlawful gain” earned from the alleged unregistered investment advisory business.

Welfare pension disbursal almost complete in AP
The disbursal of welfare pensions in Andhra Pradesh, which was halted due to the model of code of conduct for ensuing elections, has almost been completed.

Local MFs tighten equity AUM grip further, close in on FPIs
The heft of domestic mutual funds has been rising amid an unabated inflow from retail investors. Their share in the equity assets under management (AUM) by institutions rose by 152 basis points to a record 20.1% in March 2024, the data from NSDL showed. This has reduced the gap between the proportion of the AUMs of domestic and foreign institutional investors to under 1%.

Tata Asset Management launches 6 innovative index funds aimed at growth sectors – Key details inside
Tata Asset Management Company on Monday announced the launch of six innovative index funds designed to provide investors with exposure to key sectors having growth potential in the current economic landscape.

Kotak Alternate Asset Managers raises Rs 2000 crore from its iconic fund
Mumbai: Kotak Iconic Fund, an open-ended fund, has raised ₹2000 crore, Kotak Alternate Asset Managers said in a release. Conceptualised as an equity multi-advisor portfolio solution, the fund has maintained a flexible approach by adopting diversified active and passive strategies across market capitalisation and tactical allocations.

Returned $2 billion, including co-investments, in 5 years: Everstone’s Mehra
Mumbai : Homegrown private equity firm Everstone Capital has returned almost $1.2 billion through exits in the last five years, a senior official at the firm said in an interview with Mint.

Bain Capital to sell 1.08% stake worth Rs 3,575 crore in Axis Bank
Source Credit: Rajesh Mascarenhas, The Economic Times

HSBC helps funds steer India bond mkt
HSBC Holdings Plc is engaging with over 200 overseas funds to help establish their presence in India ahead of the nation’s entry into global debt indexes.