by Lokmanya | Apr 6, 2026 | Blog, Insurance
Introduction The insurance industry has undergone significant transformation with the rise of digital technology. Today, customers can purchase insurance either through digital platforms or traditional agents. Both methods have distinct advantages and limitations....
by Lokmanya | Apr 6, 2026 | Blog, Insurance
Introduction Life insurance plays a vital role in financial security by providing protection to individuals and their families. In India, life insurance companies are broadly classified into public and private sectors, each with its own features and advantages. Public...
by Lokmanya | Apr 2, 2026 | Blog, Insurance
Introduction Healthcare costs have been rising rapidly in countries like India, making medical treatment increasingly expensive. From hospital stays to medicines and diagnostic tests, the financial burden on individuals has grown significantly, leading to greater...
by Lokmanya | Mar 9, 2026 | Blog, Insurance
Journey of strengthening people On 31st August 2024, Lokmanya Multipurpose Co-operative Society celebrated its 29th foundation day, marking nearly three decades of remarkable growth and expansion. Over the years, the society has established a strong presence across...
by Lokmanya | Mar 9, 2026 | Blog, Insurance
A No-Claim Bonus (NCB) is a discount offered by motor insurance companies to policyholders who do not make any claims during a policy year. It is a reward for safe and responsible driving and helps reduce the premium at the time of policy renewal. What...
by Lokmanya | Mar 9, 2026 | Blog, Insurance
Commercial Insurance (business insurance) protects companies from financial losses caused by risks such as property damage, lawsuits, employee injuries, cyberattacks, or business interruptions. It helps businesses recover quickly and continue operations...
