The regulator noted that mis-selling frequently leads to higher premiums, dissatisfaction and ultimately non-renewal of policies, contributing to a rise in lapse cases across the industry.

Life insurance saw 15.72 complaints per lakh policies, higher than general insurance. Claims issues dominated complaints, with 1.22 lakh claim-related grievances reported. Mis-selling complaints in ...

Life insurance policyholders agree to make regular payments to insurance companies in exchange for a guaranteed death benefit. That benefit is paid to the policyholder’s beneficiaries if the ...

Corebridge stands out for its low term life insurance premiums, but it also has higher-than-average complaints Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an ...