• By NRIs can claim a GST refund on insurance premiums, which makes purchasing Indian policies more affordable
• 2025-04-04

Learn More

• By The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or telecom device.
• 2025-02-12

Learn More

• By As per the new tax bill, 'undisclosed income' includes 'money, bullion, jewellery, virtual digital asset or other valuable article' or expenditure, income based on any entry or transaction, where such entry wholly or partly represents income which has not been disclosed.
• 2025-02-12

Learn More

• By Insurers also want FM Sitharaman to consider extending the additional Rs 50,000 tax exemption for NPS contributions to pension plans from life insurance companies too
• 2025-01-13

Learn More

• By The regulatory reform from IRDAI that attracted the maximum attention was the change in computation of surrender values and charges for endowment policyholders, but the regulator modified several other rules that directly affect retail life, health and general insurance policyholders.
• 2024-12-16

Learn More

• By Gift your sister a term deposit, a SIP in mutual funds, enrol her for a financial planning workshop or book an appointment with a financial adviser to make a personalised investment plan.
• 2024-08-19

Learn More

• By A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a grim picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the world”, highlighting a worrying rise in cancer cases and other non-communicable diseases (NCDs).
• 2024-08-17

Learn More

• By The reduction in customs duties on gold and silver to 6% is expected to stimulate retail demand and help mitigate smuggling issues in the world's second-largest bullion consumer.
• 2024-07-23

Learn More

• By Union Budget FY25: FM Nirmala Sitharaman presented the 2024-25 budget focusing on job creation and boosting consumption. Key highlights include capex at ₹11.11 lakh crore, tax rationalisation efforts, and schemes for employment, skilling, and women empowerment.
• 2024-07-23

Learn More

• By LIC Q4: Its gross non-performing asset (GNPA) stood at 2.01 percent against 2.56 percent in the year-ago period The insurer announced an interim dividend of Rs 6 per share.
• 2024-05-28

Learn More

• By With an eye on expansion, the management outlined plans to penetrate Tier-2, Tier-3, and rural areas, and to fortify its position against private competitors
• 2024-05-28

Learn More

• By International Women's Day: Compared to motor insurance, where over 50 percent women said they understood their policy benefits and clauses, only 32 percent were aware of their health insurance coverage details.
• 2024-03-08

Learn More

• By The product is targeted at parents who wish to create a long-term corpus to meet the higher education needs of their children.
• 2024-02-16

Learn More

• By The insurer’s net premium income grew 4.67 percent to Rs 1.17 lakh crore in the quarter under review, from Rs 1.11 lakh crore in the year-ago period
• 2024-02-08

Learn More

• By While financial planners plan for retirement, education, marriage, home purchase, travel, etc., they generally miss out on one of the most important life goals – the physical survival goal. Here is how it can be remedied.
• 2023-10-24

Learn More

• By The 18 percent refund should sweeten the deal for expat Indians seeking to secure their families back home.
• 2023-10-11

Learn More

• By [Partnered] The right health insurance plan should be chosen after giving considerable thought to your needs, finances, and accessible possibilities. It's an investment in your health and financial stability that gives you peace of mind by ensuring that you and your loved ones are covered in the event of an emergency medical situation.
• 2023-08-29

Learn More

• By Health Insurance: Healthcare costs are skyrocketing significantly. And, this is when health insurance comes in handy. The financial security of an individual is protected by having health insurance. With the ever-rising instances of diseases, health insurance today is a necessity.
• 2023-07-25

Learn More

• By Section 80D offers tax breaks on health insurance premium paid for self, spouse, children and parents. You can avail of tax breaks at the time of filing returns, even if you have missed out on claiming these while submitting tax-saver investment proofs to your employer
• 2023-06-13

Learn More

• By It is wise to purchase a personal health insurance policy even if you have one through your employer
• 2023-06-13

Learn More

• By LIC earned net commission of Rs 8,428.5 crore for the last quarter of FY23, growing 5.4 percent over the year-ago period, and showing a massive 33.4 percent increase compared to previous quarter.
• 2023-05-25

Learn More

• By World Health Day 2023: Innovations in health insurance have led to the inclusion of day-care and OPD expenses, and even the cost of preventive health checkups, in certain policies for a reasonably priced premium.
• 2023-04-07

Learn More

• By LIC Q3 result: The life insurance behemoth’s net premium income grew by 14.5 percent to Rs 1.11 lakh crore for the December quarter from Rs 97,620 crore a year ago
• 2023-02-09

Learn More

• By A survey by ICICI Lombard showed that about 48 percent of policyholders were unaware of the features of their own health insurance policies, like out-patient cover, pre-post hospitalisation and so on.
• 2023-02-07

Learn More

• By Buying a term life insurance policy is the decision of a lifetime. So, it’s important that the amount arrived at is correct. Human life value (HLV) is one of the methods of computing the right cover amount.
• 2022-12-28

Learn More

• By Buying health insurance when you are comparatively younger and healthier will supplement your employer-provided cover for any higher hospitalisation bills and there will be no hassles in terms of renewability. If you want to buy insurance at an advanced age and have some new health issues, insurers may not even be willing to cover you.
• 2022-12-07

Learn More

• By A term life policy is as valuable for singles as for those married and with children. It will cover your liabilities, and ensure your dependents have financial protection in your absence.
• 2022-06-10

Learn More

• By Settling claims has never been an easy process, for insurers or for consumers. However, the process can be made simpler if consumers go in for digitally enabled insurance advisors who will help consumers choose the best policy as per their needs
• 2022-06-02

Learn More

• By The best option is always to ensure that your policy remains active and the premiums are paid on time. If, for some reason, your policy lapses, get yourself covered again as soon as possible.
• 2022-06-01

Learn More

• By In view of the rising incidence of health issues, increased cost of hospitalisation, employees should have a second line of coverage.
• 2022-05-26

Learn More

• By The most important document that is referred to at the time of the making a claim is the proposal form that is filled out when applying for the insurance policy
• 2022-05-24

Learn More

• By If you don’t want the hassle of renewing your policy each year and can afford the higher one-time premium outgo, opting for a multi-year health insurance plan could work to your advantage.
• 2022-05-17

Learn More

• By Health insurers can incentivise policyholders who meet wellness criteria by offering reward points or lowering health insurance premiums at the time of renewal. This feature is a win-win for both parties.
• 2022-05-16

Learn More

• By Taking treatment at non-cashless network hospitals, ‘unnecessary’ hospitalisation and ‘unreasonable’ charges are some of the lesser-known causes due to which your health insurance claims could get rejected
• 2022-05-16

Learn More

• By This Mother’s Day, you should consider purchasing an adequate and comprehensive health insurance cover for yourself and your family.
• 2022-05-08

Learn More

• By LIC reserves up to 10% of offer size for policyholders
• 2022-04-27

Learn More

• By The main difference is that home loan insurance covers property, while a term policy covers a person’s life
• 2022-04-27

Learn More

• By Medical insurance policies don’t cover all expenses incurred on hospital treatment. Becoming aware of the exceptions will help in the selection of a medical policy and reduce one’s out-of-pocket expenses.
• 2022-04-19

Learn More

• By A recent survey conducted by the Life Insurance Council showed that 91 percent of those surveyed are aware of what an insurance policy is, but only 60 percent own a policy.
• 2022-04-13

Learn More

• By Will seek feedback from policyholders on complaint resolution, lay emphasis on data analytics to ensure quick corrective action, says IRDAI chief Debashish Panda
• 2022-04-12

Learn More

• By The absence of a valid motor insurance policy will expose you to the risk of huge financial and personal loss, in the event of an accident. The absence of a policy can also land you in legal trouble.
• 2022-04-06

Learn More

• By Car and Bike Motor Insurance for Fire: Here are the key points you should know Individuals planning to buy a motor insurance for their cars of bikes need to be aware of certain facts when it comes to fire. Representative image
• 2022-04-05

Learn More

• By Third-party motor insurance cover protects you from the legal liability, financial liability, accidental liability, or property damage that may arise.
• 2022-03-31

Learn More

• By Many couples put off buying insurance, especially life insurance, considering the subject too morbid. But there are ways to bring this up by highlighting that it is actually a life-saver for your dependents.
• 2022-03-24

Learn More

• By The insurer may refuse to extend a policy or in some cases throw in a waiting period or an extra charge, but that's a better alternative than having your claim denied because you weren’t acting in good faith
• 2022-03-11

Learn More

• By Create an email that includes all that your family needs to know to make an insurance claim Term life insurance is a crucial step for securing the financial well-being of your family members when they do not have your shoulder to rely on.
• 2022-03-02

Learn More

• By Both these options are economical and offer a higher sum insured
• 2022-02-25

Learn More

• By Talk about everything, ranging from personal finance management, stock markets, investment plans or budget – the more couples converse, better is the education
• 2022-02-14

Learn More

• By Insurers will invest considerable resources in re-imagining the consumer's journey across the life cycle of a policy
• 2022-01-14

Learn More

• By Once you buy a policy, the term rates will remain the same throughout the tenure, so it makes sense to lock into lower rates now
• 2021-11-29

Learn More

• By The due date of furnishing of Return of Income for the Assessment Year 2021-22 was July 31, 2021; it has now been extended to December 31, 2021.
• 2021-09-10

Learn More

• By In case the minor children have not been appointed as nominees, the guardian can, on their behalf, produce proof such as death certificates
• 2021-07-05

Learn More

• By “I know these premiums would pinch us a bit, but both of us know that in case something happens to me in the next few years, our current savings are not enough to take care of Varun’s expenses for the rest of his life.” Madhavi could clearly recollect her late husband Rahul’s exact words while filling his life insurance claim form.
• 2021-03-30

Learn More

• By The RBI has been cracking down on weak co-operative banks over the last few years. In 2020, the RBI cancelled permits of three co-operative banks and imposed restrictions on several other banks.
• 2021-02-20

Learn More

• By EXCLUSIVE: LIC gross investments will exceed Rs 5 lakh crore in FY21, says chairman MR Kumar LIC's`contrarian’ strategy when investing in equity markets, to sell when the sentiment is bullish and buy when the mood is bearish, has paid rich dividends
• 2021-02-10

Learn More

• By This deduction is over and above the deduction of Rs 2 lakh for interest payments available under Section 24(b) of the Income Tax Act, 1961
• 2021-02-01

Learn More

• By If you do not require the entire PPF account balance in one go, it’s best to extend it
• 2020-12-08

Learn More

• By At the end of October 2019, LIC held a market share of 70.9 percent while private insurers held 29.1 percent based on new premium collection
• 2020-11-08

Learn More

• By Legal heirs of the dead must file income-tax returns for income earned in the year the dead passed away. Legal heirs cannot just merge the income with their own income and file just one tax return
• 2020-10-30

Learn More

• By While many women have a keen sense of finance, in most cases, they take a backseat when it comes to avenues for growing money and making investment-related decisions
• 2020-10-26

Learn More

• By MR Kumar, chairman of India’s largest insurer, due for an IPO next year, on his management style, the book that influenced him and lessons in leadership.
• 2020-10-19

Learn More

• By The term insurance cover should be calculated after factoring in existing savings and investments
• 2020-10-07

Learn More

• By During 2019-20, LIC registered a growth of 25.17 percent in its 'New Business' in terms of first year premium.
• 2020-08-31

Learn More

• By As of December quarter there were more than 350 stocks on the LIC's radar and in March quarter, it held stake in 326 stocks.
• 2020-07-02

Learn More

• By LIC’s term products launched last year, with lower premiums, could be the cheapest ones available in the market
• 2020-06-18

Learn More

• By The company has gained a market share of around 5 percent in the highly competitive biscuit segment, helped by Parle-G biscuits, which was proffered by the people while stocking pantry during the pandemic.
• 2020-06-10

Learn More

• By It joins Japan, Germany and some other European countries in selling debt yielding less than 0 percent, reflecting the prospect the coronavirus pandemic will cause a severe global recession and bond-buying by central banks to mitigate its impact.
• 2020-05-20

Learn More

• By The decision is restricted to six funds which, the company said, have material direct exposure to the higher-yielding, lower-rated credit securities in India that have been most impacted by the ongoing liquidity crisis in the market.
• 2020-04-24

Learn More

• By The Government has proposed to widen the scope and reduce the threshold of various transactions to further include even white good purchases, property tax payment, medical and life insurance premium and even hotel payments.
• 2020-04-14

Learn More

• By The PM-CARES Fund was set up on March 28 to raise money to deal with any COVID-19 like emergency situation and provide relief to the affected.
• 2020-03-31

Learn More

• By What happens to your EMI burden? Which kinds of loans will the moratorium apply to? What about the interest component? Read on
• 2020-03-27

Learn More

• By LIC says it will cross its 25 million policy sales target well before March 31. The Coronavirus outbreak and subsequent slowdown has led to uncertainty among Indian companies about their ability to meet sales targets for FY20.
• 2020-03-18

Learn More

• By The government official sees scope for a 50 bps repo rate cut
• 2020-03-11

Learn More

• By Investors can exit their mutual funds that had Yes Bank bonds, but they may have to do so at a loss
• 2020-03-09

Learn More

• By The bank will not be allowed to pay depositors a sum exceeding Rs.50,000/- lying to his credit, in any savings, current or any other deposit account, the government said in a notification.
• 2020-03-05

Learn More

• By The premiums for term insurance products may go up by 15-20 percent from April 1 onwards as reinsurance rates have been revised for these policies. LIC customers, however, may see a lower hike.
• 2020-02-11

Learn More

• By Section 80CCD: Income Tax Deductions under section 80ccd can be availed for contributions made by an employer to the National Pension Scheme.
• 2020-02-03

Learn More

• By Budget 2020 may ring in massive income tax relief.
• 2020-01-22

Learn More

• By Data from the LIC Annual Report 2018-19 released last week showed that the income from investments stood at Rs 2,21,573.72 crore at the end of FY19.
• 2020-01-15

Learn More

• By It is important to fulfil our overlapping needs and desires at the outset itself as we step into the world of financial freedom along with the ability to earn and chose our lifestyle
• 2020-01-14

Learn More

• By This is the first time ever any single vertical of the insurer has crossed this record premium income figure, LIC said in a statement.
• 2020-01-07

Learn More