March 25, 2023 07:20 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Karnataka scraps 4 pct quota for OBC Muslims, now divided between two categories | Congress calls for 'systematic opposition unity' after Rahul Gandhi's disqualification | 'Centre so scared': Arvind Kejriwal on Rahul Gandhi's disqualification from Lok Sabha | 'Fighting for India's voice, ready to pay any price': Rahul Gandhi on disqualification from Lok Sabha | Rahul Gandhi disqualified from Lok Sabha after court conviction over Modi surname remark

Secure Your Future – Choose The Right Term Insurance Policy

Term insurance is an often overlooked yet essential component of a comprehensive financial plan. It provides low-cost, high-coverage protection for individuals and families for a specified duration.

Tax benefits of different types of life insurance

Life insurance is a modern-day necessity. As they say, life is always unpredictable and uncertain. Hence, safeguarding your family's financial future is necessary for mental peace and stability. Investing in life insurance is thus a no-brainer. However, life insurance is not just about coverage or some added benefits that may accrue in the case of certain types of policies. Did you know you get tax advantages on your life insurance plans? Here's taking a closer look at the same.

Importance of Term Insurance at Different Stages of Life

Financial well-being is a basic life necessity. With life being uncertain, your sudden demise can bring your family’s financial well-being to a standstill. Term insurance plans will secure your family’s financial future despite your absence. Term insurance has become one of the basic necessities of life.

Edelweiss Tokio Life offers new Flexi Savings Plan

Kolkata: Edelweiss Tokio Life Insurance today announced a new participating product called Flexi Savings Plan which offers an innovative optional feature called Accrual of Survival Benefit.

PNB MetLife announces Rs 594 cr bonus for 4.95 lakh participating policyholders

Kolkata: PNB MetLife India Insurance Company Limited (PNB MetLife) has announced a bonus of Rs 594 crore for all eligible policyholders of participating products for FY22.

Is Your Group Life Insurance Enough?

Introduction Shiva, a 30-year-old happily working in a renowned multinational company. While working in the office, one morning, he gets a stroke and meets with an untimely death. As Shiva was the family's sole bread-earner, they entered a dark phase of their life post his death. But, fortunately he had a group life insurance that helped his family sail through the dire times. 

Why Buy Aditya Birla Sun Life Insurance for Term Plans?

Introduction In 2020, the total size of the insurance market in India was estimated to be US$ 280 billion. The life insurance business in India is expected to develop at a CAGR of 5.3 percent between 2019 and 2023. In FY21, the insurance prevalence in India was 4.2 percent, with life insurance accounting for 3.2 percent and non-life insurance accounting for 1 percent. In terms of insurance population, India had a total concentration of US$78 in FY21. In general and health insurance, the private sector's market share increased from 47.97 percent in FY19 to 48.03 percent in FY20. In the life insurance sector, private companies had 33.78 percent of the market.

Things You Must know About the Commercial Vehicle Insurance in India

In India, a significant portion of the population relies on commercial transport to travel or send goods to the desired destination. 

Why You Should Kick-Start Your Bike Every Morning

Bike owners are of two categories. Some are passionate about bikes and for others, it is just a means of transport. Regardless of the purpose, a bike requires proper maintenance. It is advisable to kick start the bike every morning instead of self-starting. Especially if your bike was manufactured before 2010, you might have to do this because unlike bikes manufactured after 2010 that have advanced engine systems and batteries, the older models do need the kickstart regime. Let us understand the benefits of kick-starting the bike every morning.

Term Plan Adjustments: What does it mean and how does it work?

In the grand scheme of events, most of you would have prioritized leading a comfortable life and ensuring that your family is safeguarded in case of any unforeseen event. One of the first steps needed to achieve this goal is financial planning. To ensure stable and steady growth of your wealth, financial experts advise you to invest in various financial assets.  One such asset that not only provides you with an enhanced return but also provides financial security to your family, in case of your untimely death, is term insurance. Read ahead to know more about offline andonline term insurance plans and the importance of term plan adjustments.

Covid-19: IRDAI asks insurers to settle policyholders' claims on cashless basis

New Delhi/IBNS: Insurance regulator IRDAI on Friday asked the insurers to settle the claims of policyholders on cashless basis after reports emerged that some hospitals demanded cash payments from Covid-19 patients.

Do you want to build wealth? Bet you've missed this unique option of building your wealth

Wealth can easily fulfil our dreams. There is truly no secret that has been there to build up wealth. You don’t require any special connections, luck, trick, or seminars to build wealth. There are so many people, who want to become rich, but then their actions don't go with their words. Making money is never a bigger deal, but keeping the money is.

Union Budget: FDI limit in insurance sector increased from 49 pct to 74 pct

New Delhi: While presenting the Union Budget 2021-22 in Parliament today the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman announced that the Government will amend the Insurance Act, 1938 to increase the permissible FDI limit from 49% to 74% and allow foreign ownership and control with safeguards.

Money Logic: Who Should Invest in The Best Savings Plan

We go through our lives, making sure that our loved ones are healthy and happy. For most of us, that means taking care of their present and future financial requirements. If you are an earning individual, these may be some of the prevailing concerns in your mind before making any investment-related decision.

Bharti AXA Life introduces insurance with guaranteed returns, maturity benefits in COVID times

Kolkata, Dec 16: Leading private insurer Bharti AXA Life Insurance Wednesday announced the launch of its novel plan - Bharti AXA Life Guaranteed Income Pro - that offers life insurance along with maturity benefits and guaranteed returns.