Aim is to boost sales volumes and increase penetration.
Finance Minister P Chidambaram has called a meeting of officials from life insurance companies on September 1. The meeting is aimed at improving insurance penetration and addressing concerns of companies in the sector.
Once you follow these, it is also important to deploy your savings in inflation-beating investment avenues.
While these two are important, there are other risks such as loan repayment and retirement that you need to insure.
Carefully observe these important steps before you hit 'buy' to buy an online term insurance policy.
Do you think that buying term insurance online is a headache one must avoid? This 7-point checklist will help ease your anxiety.
According to insurers, the premium is quite low, claims are very high.
A comprehensive look into what this scheme is all about and why as an investor one should not go for this scheme.
One might wonder what's wrong if one were to get the best of both worlds by buying one product. There are basically two problems... cautions Rajiv Raj
The new rules of the Insurance Regulatory and Development Authority take effect from September 1.
ICICI Prudential Life Insurance Company has launched a completely online term insurance plan named 'iProtect' on Tuesday.
Term insurance policy provides a stated benefit only upon the holder's death, provided the death occurs within the policy period. There will be no stated benefits if the policy holder outlives the policy period.
Home loan cover from the lender may not be the best option
Following recent changes to the guidelines for unit-linked insurance plans, companies are likely to focus more on single-premium products.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
Go for a term insurance if you are an unmarried individual. A simple whole life insurance would best suit a 40-plus married person with two grown up kids while the same with a term rider would be best for a married person less than 40 years with two kids!
Policyholders would be given an option to check whether any amount is lying due with insurance firms
Chances are that some so-called investment consultant will confuse you with so many permutations and combinations that you will resign yourself to buying something that is not needed.
For any long-term term investor, it is always advisable to have well-diversified large-cap funds as core holdings in your portfolio.
Here's what you must know about the premiums that you pay to service your insurance policies.
Neeraj Prakash, MD, Shriram General Insurance, explains how new measures proposed in the Motor Vehicles Act can smoothen the lives of the insured and insurer and how the government plans to make more vehicles owners buy insurance.
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
The other day I did a small gig on what a real estate agent says and how you should interpret it... today it is the turn of the insurance agent. :-)
Did you know that annual premium-paying option is cheaper than a monthly premium paying option?
Don't buy a cover because your neighbour, whose needs are different from yours, has bought it. Buy only according to your own need.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Cover the spouse under the same policy. A joint life plan offers assurance that one will continue to receive the same financial care in case of an unforeseen loss of a partner, advises Pankaj Razdan.
Insurance expert T Srikanth Bhagavat explains the advantages and disadvantages of insurance as an investment option.
New one-stop shops will redefine how you transact in shares, funds, insurance and debt.
We asked you to tell us your reason for choosing not to vote. This is what our readers shared.
For the vehicle-owner, the overall cost of buying a car can go up by 2% to 3$%. For two-wheelers, the cost can rise by 1% to 1.5%
They help the policy holder insure himself for a larger amount at a relatively low premium.\n
Wondering if you did the right thing with your mutual fund investments?
Combination of term plans and mutual funds will provide the same benefits.
Here's how you can make buying insurance the cakewalk that it is, says Anit Jain
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances