Is LIC policy a good investment? Kirtan Shah’s LinkedIn post sparks debate on insurance vs investment | Mint

Is LIC policy a good investment? Kirtan Shah’s LinkedIn post sparks debate on insurance vs investment | Mint

Source: Live Mint Life insurance provides financial security to a family in the event of the unfortunate death of the policyholder. Its primary aim is to ensure financial independence for the policyholder’s family. However, some policyholders may choose a life insurance policy as an investment option. Kirtan Shah, Co-founder and CEO of FPA Edutech, an…

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India’s self-employed: Bridging the insurance gap with tech-enabled solutions

India’s self-employed: Bridging the insurance gap with tech-enabled solutions

Source: Live Mint India is home to over 300 million self-employed individuals, accounting for nearly 50% of the workforce. This diverse group includes gig workers, small business owners, freelancers, and independent professionals like doctors, lawyers, and architects, among others. Read this | Your rights in life and health insurance claims: Unpacking the moratorium clause Self-employment…

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India’s insurance reforms: A bold transformation, but not without challenges

India’s insurance reforms: A bold transformation, but not without challenges

Source: Live Mint India’s insurance industry, long seen as an underpenetrated yet promising market, is poised for a major transformation with the government’s proposal to permit 100% foreign direct investment (FDI) in insurance companies and introduce composite licences. These reforms, if implemented effectively, could catalyze significant changes in the sector, attracting fresh capital, improving competition,…

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