Union Budget 2021: Hike in insurance FDI limit to draw fresh capital Union Budget 2021: The Budget also proposes to allow foreign ownership and control with safeguards. February 2, 2021 01:10 IST
Capital gain tax in Ulips if premium above Rs 2.5 lakh/year – Check details Budget 2021: Clause (10D) of section 10 of the Act provides for the exemption for the sum received under a… Updated: February 1, 2021 19:44 IST
Your Money: Know tax sops on health insurance, medical costs Adequate health insurance plan will not only secure you and your family during unforeseen circumstances, but can also help save… February 1, 2021 00:45 IST
Give priority to risk prevention over insurance claim settlement: IRDAI Chairman For the financial year ended March 31, 2020, the claims settlement ratio for the entire industry remained stagnant at 85.18… January 30, 2021 17:55 IST
1.28 cr people covered under corona insurance policies: Irdai chief Subhash Chandra Khuntia During the pandemic, two corona-specific products — Corona Kavach and Corona Rakshak — were launched by insurers under the guidance… January 29, 2021 15:38 IST
Budget 2021: Senior citizens expect increase in tax benefit on health insurance Budget 2021 Expectations: With medical expenses surging every year, the need for higher health insurance cover for senior citizen is… Updated: January 29, 2021 11:46 IST
Invest Lumpsum for Lifetime Pension – Standard annuity plan to be launched soon! The life insurance companies will introduce a standard pension plan with simple features and standard terms and conditions. January 27, 2021 10:27 IST
Embedded Value: Buy insurance for long-term protection, not just to save tax Exiting a policy contract, after the cooling off period as provided by the insurance regulator, is almost impossible though one… January 27, 2021 00:45 IST
Your Queries- Health Insurance: Take separate family floater for parents or go for a multi-individual health policy Alternatively, you may go for a multi-individual policy where spouse, children and parents could be covered under the same policy… January 26, 2021 03:30 IST
Irdai asks insurers to offer standard annuity product Saral Pension from April 1 Saral Pension — prefixed by the insurer’s name — will offer only two annuity options, Irdai said in its guidelines… Updated: January 25, 2021 22:34 IST
Your Money: General insurers see premiums up 10% in Q3 Retail health was up 23% y-o-y in Q3FY21 compared to 43% y-o-y in Q2FY21 due to gradual softening in risk… January 25, 2021 02:30 IST
Cyber risks: Need to popularise cyber insurance Irdai panel suggests that insurers should offer cyber insurance as a part of package policies such as Householders Package policy January 25, 2021 02:15 IST
Income guaranteed for life! Canara HSBC Oriental Bank of Commerce Life Insurance launches new plan Guaranteed Income4Life plan is a non-linked, non-par individual life insurance savings cum protection plan January 22, 2021 16:45 IST
Union Budget 2021 Roadmap – Health Insurance: GST rate cut can act as a booster dose Union Budget 2021 India: Raising tax deduction limit on premiums paid for health insurance will lead to people buying adequate… January 22, 2021 07:30 IST
Your Money: Urban Indians feeling less financially secure Awareness about term insurance has grown, medical expenses more crucial today, finds survey January 22, 2021 03:00 IST
IRDAI panel not in favour of standardisation of cyber insurance Standardisation may not be able address all the emerging risks and is likely to limit innovation, said the report on… January 20, 2021 22:07 IST
Standard professional indemnity policy for insurance intermediaries soon; IRDAI committee recommends details An insurance broker or corporate agent/agent, web aggregator or insurance marketing firm etc. are recognised as intermediaries in the insurance… Updated: January 20, 2021 11:25 IST
Term Plan: 10-year delay in buying costs a 35-year-old 70% more, says India’s first insurance price index PolicyX.com claimed that the insurance price index uses concepts of indexing and basic statistics. Updated: January 19, 2021 16:23 IST
