Life insurance companies report over 100% growth in May 2022 Life insurance companies reported high growth in annual premium equivalent (APE) during May 2022. This was primarily on account of low base figures for the month of May 2021 that was affected by a severe Covid strain. Over a longer time frame of 3 years, the APE for life insurance seems to be showing an annualised growth of about 13 per cent. Report by Kotak Institutional Equities on Life Insurance Life insurance companies reported high (101%) growth in annual premium equivalent (APE) during May 2022, on a low base (May 2021) that was affected by a severe Covid-19 strain. The preceding period (May 2020) was also affected by...
Continue reading...
Deciding on the amount of life cover requires careful consideration of all the value that one might bring to one’s family and dependents in the foreseeable future. Insurers offer Human Life value calculators that provide reasonable estimates while considering all such factors. The insurance sector in India was opened for private players in 2000, a little over two decades back. Since then, insurance awareness among buyers has seen a marked change. From different insurance products to the way insurance is being bought, the industry has evolved a lot. To make insurance serve its purpose, there are a few key things to keep note of. Let us look at some of them and make insurance buying a better-...
Continue reading...
Is it ever too soon or too late to buy life insurance? Here’s what life insurance can do for you at different times of your life. Whether you’re a recent grad in your 20s, married with a mortgage in your 30s or planning your estate in your 50s, you’re likely to have two things in common with people in every age group: There are people in your life whom you love. You can’t predict the future. That’s where life insurance comes in. While you can’t tell exactly when or how your life will end, you can prepare for the possibility and help protect the people you love in the process. Having the right life insurance can give you the peace of mind that comes with knowing the people you care about can...
Continue reading...
There’s a reason why some life insurance companies have started subsidizing Apple Watches for customers: the device, put simply, helps save lives. Most recently, an Apple Watch owner named Jorge Freire Jr. recounted how Apple’s wearable helped save his life by alerting him that his heart rate was unusually high. Curious and concerned as to what was going on, Freire Jr. eventually went to the hospital to get things checked out. There, he was diagnosed with tachycardia, an arrhythmia that, if left untreated, can lead to a stroke and heart failure. Detailing the ordeal on his Facebook page, Freire Jr. explains that he was returning from a trip in Sao Paulo when his Apple Watch...
Continue reading...
Choosing a Cheap Life Insurance Policy When it comes to purchasing cheap life insurance, you will find that there are actually several options out there. Nonetheless, it is important to keep a few things in mind in order to make certain your life insurance will be in place if you should happen to pass away. The reality is that some life insurance companies are not stable or reputable, which means your loved ones may be left without coverage after you pass away. In order to make certain your loved ones are protected, you need to check with the financial stability of the insurance company. Otherwise, when it comes time to pay the benefit to your beneficiary, the company may not have the money...
Continue reading...
Why Buy Life Insurance? Nothing matters more than the important people in our lives, especially those who depend on you. You'd do anything to help them - making sure they're looked after and have everything they need to feel happy, safe and secure. So it makes sense to think about how your family would cope financially if you were no longer around. Life insurance could prove to be the most important financial product you ever buy. If you die while you still have dependents, being able to claim on a life insurance policy could mean the difference between your loved ones struggling to make ends meet, and being financially secure. Despite this, many of us simply don't have any life...
Continue reading...
Dumpster Diving in the Financials Sector As we head into September, the stock market is making all-time highs, but many investors we speak to are worried about a recession. Many investors think ten years of economic expansion suggests a recession is right around the corner. We are not so sure. While there are some headwinds in the economy: trade tariffs, health care costs, student loan burdens, significant disruption in retail businesses, we think the economy is in good shape. Banks have not increased their high-risk lending relative to their capital as they did in past cycles. We believe demographics continue to favor significant household formations, which is a driver of economic...
Continue reading...
Cheapest Life Insurance When you are hunting for the best deals getting the cheapest life insurance can be the difference between buying something and forgetting you ever thought about it in the first place. Getting the cheapest life insurance is all about shopping around and finding the most appropriate life insurance for your needs, but that does not mean you have to forfeit anything and certainly shouldn’t mean getting a more basic service. Cheapest life insurance deals can be found everywhere and in particular life insurance comparison websites like this one, where you can find life insurance policies with leading UK insurers like Prudential, Friends Life, Ageas, Aviva and LV...
Continue reading...
What Life Insurance Is Cheapest? How to Find The Cheapest Life Insurance Policy Are You Trying to Find the Cheapest Life Insurance Coverage? If so, you may want to learn how your coverage may cost less, and what factors will have an impact on the price you pay for a policy. Two Keys to Getting Cheap Life Insurance Choose a term life insurance policy Get quotes from multiple life insurance carriers If you want to get the most affordable life insurance, there are several tips you can follow to lower your cost of coverage. Although you don’t have control over your age, there are other pricing factors you can control to help lower your cost. Get Multiple Price Quotes – Rates may vary...
Continue reading...
HONG KONG, Aug. 22, 2019 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2019 (the "Reporting Period") prepared under the International Financial Reporting Standards today. As at the end of the Reporting Period, the Company's total assets reached RMB3,479,860 million, an increase of 6.9% from the end of 2018. The Company's embedded value was RMB886,804 million, an increase of 11.5% from the end of 2018. During the Reporting Period, the Company's total revenues was RMB448,221 million, an increase of...
Continue reading...
