Insurance

Life Insurance: Customised plans for protection needs

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To get around this problem, some insurance companies offer plans where the cover increases every year by specified amount. The investment habits of consumers with respect to life insurance products is changing […]

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Insurance

Buying car insurance? Keep these points in mind

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Buying a car is a big life decision. Not only does it cost good chunk of money but also holds enormous emotional value. Although safe driving to some extent helps you protect […]

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Insurance

Budget 2020: DDT withdrawal to increase tax liability of life insurance firms

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Insurance companies have enjoyed tax exemptions on dividend income and as such their effective tax rates have been lower than their nominal tax rate of 14.5%. The Budget has two proposals that […]

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Insurance

Budget 2020: Don’t see huge impact on life insurance biz due to new tax regime, says Max Life

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The Union Budget 2020 offered a new personal tax option to tax payers and the finance minister has indicated that the old regime may be phased out over time. Discussing in detail how […]

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Insurance

You may be able to avail standard indemnity health insurance policy sooner than you think

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Those confused with the variety of health insurance plans on offer, a standard health indemnity health insurance plan will be available sooner than you think. The Insurance Regulatory and Development Authority of India (IRDAI), […]

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Insurance

Smart, cost-effective way to increase your health insurance cover

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NEW DELHI : One of the most common mistakes that people make when it comes to health insurance is depending on that one policy offered by the employer. It’s important to understand that […]

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Insurance

Insurance purchase to get simpler with plain vanilla policies, details here

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An insurance company or an insurance intermediary authorised to solicit and market insurance products can engage a POSP-LI. At a time when life insurance penetration—ratio of premium to GDP—has dropped to 2.76% […]

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Insurance

IRDAI directs Reliance Health Insurance to stop selling policies as solvency slips below threshold

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The Insurance Regulatory and Development Authority of India (IRDAI) has directed Reliance Health Insurance to stop selling new products and transfer its liabilities to Reliance General Insurance, with effect from November 15. The move from […]

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