The Gyansurance Editorial team is a mix of financial journalists, insurance advisors and copy editors. Together, we are aiming to demystify life insurance for Indian readers around the world.
14 articles published
IRDAI has asked insurers to define “claim” and standardise claim settlement ratio. The answer matters for every term insurance buyer comparing CSRs.
100% FDI, Bima Trinity, zero GST, and a distribution reform crackdown. Every 2026 insurance reform explained with what it means for you.
IRDAI is collecting granular commission data from every life insurer. The numbers explain why agents push endowments over term plans — and what the commission restructuring could change.
Where do LIC, HDFC Life, ICICI Pru, and SBI Life actually earn their money? Six years of product mix data from investor presentations, with VNB margins.
Track your insurance complaint on the IRDAI IGMS portal. Step-by-step filing guide, escalation to ombudsman, and 12 years of insurer-wise grievance data.
All 24 life insurers ranked by individual death claim settlement ratio — by count AND by amount. IRDAI FY 2024-25 verified data with the gaps most sites don’t show you.
IRDAI Member Deepak Sood calls out high distribution costs and mis-selling as the two biggest barriers to expanding insurance coverage in India, where penetration has stalled at 3.7% for two years.
In December 2024, Max Life Insurance Company Limited was officially renamed Axis Max Life Insurance Limited, reflecting the deepening role of Axis Bank, which now holds approximately 20% of the company alongside Max Financial Services (~80%). The rebrand followed IRDAI approval and changed the brand identity, the domain (maxlifeinsurance.com now redirects to axismaxlife.com), and the … Read more
ICICI Prudential Life Insurance is a joint venture between ICICI Bank (51%) and Prudential Corporation Holdings (22%), and was the first Indian life insurer to list on stock exchanges when it went public in 2016. In term insurance specifically, the company is known for its flagship iProtect Smart range, which has expanded over the years … Read more
SBI Life Insurance is effectively a subsidiary of State Bank of India, which holds approximately 55.4% of the company. The insurer was originally a 74:26 joint venture with BNP Paribas Cardif, but the French insurer has progressively reduced its stake since 2019 and now holds a negligible position. For term insurance buyers, SBI Life’s most … Read more
HDFC Life is India’s largest listed private life insurer by market capitalisation, and its term insurance portfolio carries one of the most consistent claim settlement records in the industry. Founded in 2000 as a joint venture with Standard Life Aberdeen (UK), the company today operates as a subsidiary of HDFC Bank, which holds approximately 50.41% … Read more
LIC term insurance plans explained — New Tech Term, New Jeevan Amar, CSR 98.15%, solvency ratio 2.19. Everything you need to decide if LIC is right for you.
When you buy term insurance as an NRI, the base policy handles the big question: if something happens to you, your family gets a lump sum. But then comes the follow-up question from every insurer: “Would you like to add riders?” Riders are optional add-ons that cover specific risks like accidents, critical illness, or disability. … Read more
One of the most common questions NRIs ask: “Do I need to fly to India just to buy a term insurance policy?” The short answer is no. Indian insurers have made it possible for Non-Resident Indians to purchase term insurance entirely from abroad, using digital onboarding, embassy attestation, and telemedical exams. But “possible” does not … Read more