Finance Advisor Talk

  In 2025, artificial intelligence (AI) is transforming how people choose life insurance policies in India. Gone are the days of browsing through dozens of brochures or relying solely on agents for advice.  With AI-powered tools, you can now compare policy options based on your specific profile—age, income, lifestyle, and financial goals—within minutes, all online. How AI is improving policy comparison Traditional comparison platforms typically show plans based on sum assured and premium. However, AI tools go a step further. They assess your profile holistically, using algorithms that consider: Your age and life stage (young earner, married, nearing retirement) Income level and future earning potential Financial responsibilities, such as loans or dependents Risk tolerance and coverage preferences Desired policy term and premium payment frequency Based on this input, the platform ranks or recommends the most suitable life insurance plans tailored to your goals—whether that’s i...

  In 2025, life insurance in India has taken a historic step forward by including mental health as part of the base coverage. This change follows regulatory mandates by the Insurance Regulatory and Development Authority of India (IRDAI), requiring insurers to treat mental health conditions on par with physical health under the Mental Healthcare Act, 2017. With stress, anxiety, and depression on the rise—especially among young professionals—this development is timely and transformative. Why mental health coverage matters in life insurance Mental health issues affect millions of Indians, yet access to care has long been a challenge. According to recent reports, 84% of employees experienced workplace anxiety in 2025, and nearly 150 million people require mental health services. Until recently, therapy and psychiatric consultations were either excluded from life and health insurance policies or included only as expensive add-ons. Today, major life insurance providers now offer plans t...