IT is commonly believed that life insurance plans are meant for saving on individual taxes. This belief is further reinforced by reports appearing in the media during the last quarter of the financial year when people start t
In spite of a long-term contract, the promised services as per the insurance contract are available to policyholders or to their nominees only if the policies are renewed by paying the contracted instalments of premium on or
According to an estimate by Google India, by 2020 more than 200 million Indians are likely to be make purchases and sales online. This will result in making paperless transactions as high in volume as the cash transactions in
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima Yojana (PMSBY) have been a masterstroke by the NDA government in carrying the benefits of insurance to the common man.
The finance minister stirred the hornets’ nest when he announced taxing 60% of total EPF withdrawal at the time of maturity unless it is used to buy an annuity product from an insurer. This was the government’s attempt to
Every insurer has to introspect whether it has to move faster than the existing pace, whether it has to achieve better service efficiency or whether it has to bring in cheaper and more customer-friendly products
Jeevan Jyoti Beema Yojana and Suraksha Beema Yojana, recently launched through the banking network by the Centre, have proved fairly successful in ensuring ease of access to the poor and the middle-class citizens in both rura