Vamseedhar Soma, ACC, GPHR®

Very interesting read. In a world of uncertainties, if we can safeguard 75% of our salary, nothing can be more reassuring. #insurance #employeebenefits #EB #generalinsurance #incomeprotection #mavicareservicesindia

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In a world where EMIs and NCDs have become a part of life, a product that protects your 'salary' is something to seize with both hands. There's nothing more reassuring than that kind of security. #insurance #mavicareservicesindia #employeebenefits #EB #generalinsurance #indiainsurance

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**Importance of Life Insurance for a Family** **திருக்குறள்:** **"தன்னுயிர் தற்காத்தல் சார்ந்தது பிறருயிர் பொறுத்தல் அதுவே மிகும்."** - திருக்குறள் 312 **Thirukural Explanation:** Securing your own life is essential, but even more important is caring for the lives of others. In the context of modern life, this Thirukural emphasizes the significance of life insurance. Life insurance is a crucial safety net that ensures the financial stability of a family in the event of the unexpected. It provides peace of mind, knowing that your loved ones will be taken care of, covering expenses such as education, mortgage, and daily living costs. Investing in life insurance is an act of love and responsibility, safeguarding your family's future and ensuring their well-being. It allows your family to maintain their standard of living, even in your absence, demonstrating the highest form of care and protection. #LifeInsurance #FamilyFirst #FinancialSecurity #PeaceOfMind #Thirukkural #LoveAndResponsibility 💖🏠👨‍👩‍👧‍👦Bharti AXA Life Insurance

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In a recent conversation with Financial Express (India), Sharad Bajaj, COO of InsuranceDekho, discusses how tailored term plans can address the unique financial needs of self-employed individuals. Click here to read more: https://lnkd.in/gVzB6rAN #TermPlan #TermInsurance #SelfEmployed #Insurance #InsuranceDekho

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Health is wealth, and ensuring your team's well-being with Group Health Insurance is a smart move. Discover the benefits and why it's a must-have for your organization. #insurance #grouphealthinsurance #ethikainsurance #employees

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Mr. Casparus Kromhout, MD & CEO of Shriram Life Insurance, shares his vision for the organization, including its expansion strategy across India. Article Summary: • Focus on lower-sum policies, particularly in rural areas. • 44% of the individual business comes from rural India. • Significant growth in individual policy sales (131%). • Expanding market share in states where it is currently below 1%. • The strategic goal is to increase the market share by 2% or more in targeted states. To read more: https://lnkd.in/g8gHuDV6 #ShriramLifeInsurance #ShriramLI #CasparusKromhout #MD #CEOofShriram #India #ProtectEveryFamily #SecuringFutures #LifeInsuranceForAll #AffordableCoverage #InnovatingForYou #RuralInsuranceReach #FamilyProtection #SecureFuture #CustomerFirstAlways #SmartInsuranceSolutions #FinancialSafetyNet

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These are hugely exciting times for the General Insurance Industry. But if the industry is to truly embrace the future, our partners and our workforce will have to adopt a fresh approach based on the AI and tech-based opportunities the future presents. The Confederation of General Insurance Agents Association of India (CGIAAI) recently hosted an insightful webinar on "The Future of Car Insurance - Trends & Innovation." #CGIAAI #GeneralInsurance #CarInsurance #InsuranceTrends #Innovation #CaringlyYours

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Caring for Your Future: Trustworthy Health Insurance for Life's Uncertainties. 🏥💙 Because your health deserves the best protection. Buy health insurance today at https://lnkd.in/dPbrNK_4 #HealthInsurance #PeaceOfMind #StayCovered #ShriramGI #SGI #Health #HealthCover

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We delve into job loss insurance coverage in India, examining its features, benefits, and key factors for individuals contemplating policy purchase. To read full story, subscribe to Consumer VOICE Magazine now: https://lnkd.in/dBc42VSH #job #joblayoff #consumers #insurance

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#PeopleSpotting: Rushabh Gandhi takes up the role of MD and CEO at IndiaFirst Life. More here: https://lnkd.in/dbr5fpMi #leadership | #success | #appointment | #CEO | #indiafirstlife | #insurance | #growth | Vishakha R M

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Age no longer defines coverage! IRDAI'S move to scrap the 65 age limit for health insurance opens doors for seniors. Our experts share insights on this game changer. Read more: https://lnkd.in/dykFiQdB #HealthInsurance #SeniorCare #IndustryUpdate #ProbusinNews

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In an exclusive conversation with ET Edge Insights, Vurakaranam Ramakrishna, Chairman, India Insure, delves into India’s evolving dynamics of risk management and insurance brokering. Read more - https://lnkd.in/dq5wmsfB #ETEdgeInsights #India #RiskManagement #Insurance #BFSI #FinTech Tanmoy Mitra

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On this special day, we honor the legacy of Lal Bahadur Shastri, a true leader who embodied simplicity, humility, and courage. #aksecurities #planahead #secureyourfuture #healthinsurance #lifeinsurance #homeinsurance #personalinsurance #protectedforlife #SIP #LalBahadurShastriJayanti

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The Imperative for Personal Retail Plans: In recent years, the importance of health insurance has become increasingly apparent to individuals and families across India, especially after COVID-19. With rising medical costs and an increasing burden of lifestyle diseases, having a robust health insurance plan has emerged as a necessity rather than a luxury. However, despite this growing awareness, the penetration of health insurance in the country remains low, with only a small percentage of the population having personal retail health insurance. Current Scenario and Business Penetration: As per recent reports, the penetration of health insurance in India stands at around 35%, significantly lower than many developed countries. While employer-provided health insurance and tailor-made policies offered by insurance companies do provide some coverage, they often come with limitations. For instance, many employer-provided policies cease to exist once an individual leaves their job, leaving them vulnerable in the event of a medical emergency. The Need for Personal Retail Health Insurance: It is imperative for all Indians to consider purchasing personal retail health insurance, which offers several advantages over other types of policies. Firstly, personal retail plans provide individuals with the freedom to choose a policy that best suits their needs and preferences. These policies can be customized based on factors such as age, health condition, and budget, ensuring comprehensive coverage. Furthermore, personal retail health insurance policies typically come with lifetime renewal guarantees, providing individuals with the assurance that their coverage will not be revoked as they age or if they develop pre-existing conditions. This feature is crucial, especially considering the rising healthcare costs and the unpredictability of medical emergencies. Why Dependency on Employer or Tailor-Made Policies is Risky: Relying solely on employer-provided health insurance or tailor-made policies offered by insurance companies can expose individuals to certain risks. Tailor-made policies offered by insurance companies may not always provide the level of coverage required by individuals, and they may come with restrictions on renewability or portability. In the unfortunate event that an individual needs to switch insurers, they may not be able to carry forward their existing benefits, leading to a loss of coverage. Conclusion: In conclusion, personal retail health insurance offers individuals the flexibility, security, and peace of mind that employer-provided or tailor-made policies may not provide. With the increasing prevalence of lifestyle diseases and the mounting healthcare costs, it is essential for all Indians to prioritize investing in personal health insurance plans that offer comprehensive coverage, lifetime renewability, and portability options, also ensure their financial well-being in the long run. #InsuranceDekho #HealthInsurance #Wellbeing

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Achar Ke Vichar – How can leaders apply the principle of Fairness within their organizations. Fairness is one of the strongest dynamics in an effective workplace. It promotes harmony, good will and a sense of equity among colleagues. A leader who practices fairness learns about the strengths and talents of the team members and works to engage them. Fairness does not mean that everyone is given the same recognition (job functions, promotion, pay increase, etc.), but it does reaffirm that all will receive equal opportunity for recognition. Fair leaders hold themselves accountable to be unbiased when handling issues that impact many. #acharkevichar

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No Age Cap: IRDAI Directs Insurers To Offer Health Insurance To All Age Groups In a major decision, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap for buying health insurance policies. Releasing the new Insurance Regulatory and Development Authority of India (Insurance Products) Regulations, 2024, which was notified in the official Gazette on 20th March 2024, IRDAI has specified its directions for the health insurance companies regarding their product designs i.e. the type of their health insurance policies. For more information click on the link below: https://lnkd.in/gDWCGJzC Dr. Alexander Thomas Narayana Health Association of Healthcare Providers - AHPI (India) Vayah Vikas #InsuranceRegulatoryandDevelopmentAuthorityofIndia #Irdai #healthinsurance #healthinsurancepolicy

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Our CHRO Sunder Natarajan, CFIRM, mentions “Indian companies in the organised sector are increasingly realising the value of life insurance as a tool for talent management as it fulfils an employee’s basic need to protect their family.” Read the insightful article in Times Ascent, where he highlights mutually rewarding benefits of offering term policies to employees by organizations. https://lnkd.in/dmHF-8vi Disclaimer : https://lnkd.in/dbhFKuhf   #IndiaFirstLife #ChilledLife #YehTohCertainHai

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