'We want to play the value game for our consumers, which is health and retail will grow faster for us than the group.'
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
While that may be easy, what is not easy is to buy the policy that is right for you
Keep these things in mind as you head out into the monsoon rains to enjoy your drive and remain tension free
Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act. Also among them are issuance of long-term bonds, tax incentives for home insurance premiums, and a separate section to claim deduction for term-insurance premium, among others. These suggestions would help improve the penetration of insurance in the country.
Payments can be made till April 21; for motor the relaxation is only for third-party insurance.
The Insurance Regulatory Development Authority of India (Irdai), the regulator for insurance companies, is set to allow the insurers to offer wellness programmes along with life insurance policies that can earn reward points for the policyholders. These reward points can be redeemed for getting a discount during renewal. The insurance regulator has circulated draft guidelines to insurance companies for feedback before issuing the final guidelines, as is the norm.
The GST to be implemented from April 1, 2016, will increase the premiums.
Interesting twists but the bottom line is the same: it does not work for you.
Here are all the things you need to know so that you worry about nothing but your grades, says Mahavir Chopra. Read on!
These policies can help you protect against the risk of financial loss.
You are in the midst of your marriage and suddenly you hear your relatives scream. The caterer has turned tail at the last moment, they tell you. Don't worry. Simply insure it.
Although insurers feel loss ratios in the health segment may get impacted, and profitability will take a hit, capital erosion will not take place, at least for the large entities.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
Are all the benefits of group life insurance for real? Naval Goel finds out
India currently performs around 6,00,000 to 7,00,000 laser-assisted in situ keratomileusis (Lasik) and refractive procedures a year, and the uptake is accelerating.
How high or low will be your policy premium depends upon these.
Policyholders would be given an option to check whether any amount is lying due with insurance firms
Here's what you must know about the premiums that you pay to service your insurance policies.
The amount for which free check-up is offered can be quite low, while in some policies it comes only after a considerable waiting period.
Life insurance offers dual benefits: financial security to your family in case of the policyholder's death as well as helps you save tax, says Alok Patnia.
The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.
'Pandemic has triggered interest and awareness among the people about the need for healthcare.'
Aslam Hunani presents some of the frequently asked questions about health insurance in India.
Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.
Tax benefits should not be the driving force for an insurance policy.\n\n
The shortest duration for which one can buy travel insurance is seven days.
Bike insurance? Car insurance? Health insurance? Roopam Asthana answers them all.
The next time you buy a householder's insurance policy, you could be paying premiums that are 35 to 50 per cent lower. This is the result of the de-tariffing or lifting of price controls on insurance policies from January this year.
Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025
Terrorism insurance is insurance purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities.
Top-up insurance is important as it can help fill the gap when companies opt for co-payment for dependents.
in the longer run, there is no substitute for a standard term, accident, and a comprehensive health cover, with adequate sum insured that will give you round-the-clock and year-after-year coverage.
Some of these plans will weigh on your pocket. The increase in premium could also be large as you grow older.
It is the actual cost of insurance by the life insurance company. It is usually deducted with other charges in the policy, before investing your money.
Buying an auto insurance cover? Beware of these myths
Be it poor, middle class, upper middle class or rich, every individual who is 70 years and above is eligible for getting Ayushman card and will receive free treatment up to Rs 5 lakh at any of the AB PMJAY empanelled hospitals once the expanded scheme gets launched.
