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History of Insurance Sector in India

History of Insurance Sector in India

  The Insurance industry in India began in 1818 with the establishment of the Oriental Life Insurance Company in Calcutta, mainly serving Europeans. The Bombay Mutual Life Assurance Society (1870) was the first Indian insurer to cover Indian lives. The sector...
Importance & Role of Insurance

Importance & Role of Insurance

Insurance plays a vital role in modern life by providing financial protection and stability against unexpected risks. It acts as a safety net for individuals, families, and businesses, ensuring that sudden losses—such as accidents, illness, theft, or natural...
Impact of Insurance on SMEs

Impact of Insurance on SMEs

Insurance plays a crucial role in the growth, stability, and sustainability of Small and Medium Enterprises (SMEs). These businesses often face multiple risks, such as property damage, theft, accidents, liability claims, and financial uncertainties. Insurance helps...
Creating a Safe and Respectful Workplace | POSH Awareness

Creating a Safe and Respectful Workplace | POSH Awareness

As an HR Head and Presiding Officer of the POSH Committee, I often remind myself that policies alone don’t make workplaces safe — people do. Over the years, I’ve realized that creating a safe and respectful environment is not just about compliance with the POSH Act...
SIP Top-Up – Grow Your Investments Smartly

SIP Top-Up – Grow Your Investments Smartly

A Systematic Investment Plan (SIP) Top-Up is a feature that allows you to automatically increase your SIP contribution at fixed intervals — usually annually or half-yearly. This helps you align your investments with your growing income and long-term financial goals....
Whole life insurance policy

Whole life insurance policy

Whole Life Insurance Policy A whole life insurance policy is a permanent life insurance plan that provides lifelong coverage and builds a tax-deferred cash value over time. Unlike term insurance, which covers a specific period, a whole life policy stays active as long...