September 29, 2023 02:55 (IST)
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Parliament panel move against BJP's Ramesh Bidhuri and abused BSP MP Danish Ali | ED summons TMC leader Abhishek Banerjee, his parents in teachers' job scam case | Varanasi court rejects application to stop ASI survey of Gyanvapi complex | Father of India's Green Revolution, MS Swaminathan, dies at 98; PM Modi mourns | CBI probes alleged scam in Arvind Kejriwal's new home, AAP responds

Max Life Insurance introduces ‘Max Life NIFTY Smallcap Quality Index Fund’

New Delhi: : Max Life Insurance Company Ltd has launched the ‘NIFTY Smallcap Quality Index Fund’  in the ULIP segment. This first Smallcap Index Fund of the Life Insurance industry is based on the NIFTY Smallcap 250 Quality 50 Index that has delivered 22% 10-year CAGR+.

IRDAI permits Go Digit Life Insurance to run life insurance business

Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) on Friday said that it has granted approval to Go Digit Life Insurance Limited to operate in the life insurance sector in India.

IRDAI orders SBI Life Insurance to take over Sahara India Life Insurance business

New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) has named SBI Life Insurance Company Limited (SBI Life) as the acquirer insurer of the life insurance business of Sahara India Life Insurance Co. Ltd (SILIC), media reports said.

LIC Q4FY23 profit leaps 466% to Rs 13,427.8 cr

Mumbai: Life Insurance Corporation of India (LIC) Wednesday reported a Q4FY23 standalone net profit of Rs 13,427.8 crore, marking a growth of 466 percent compared to the same period in the previous fiscal year.

ICICI Prudential Life Insurance Company’s AUM crosses Rs 2.5 lakh cr

ICICI Prudential Life Insurance Company has crossed 2.5 lakh crore in Assets under Management (AUM), the company said Thursday.

Most Indian women still depend on the ‘man of the house’ for financial planning decisions: Tata AIA’s survey

Indian women still shy away from making independent financial decisions and rely on the ‘man of the house’ when it comes to making financial decisions, although 44% of respondents prefer to make their own financial decisions when they have the option to do so, reveals a Tata AIA’s survey.  

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.

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.

TATA AIA Life announces record annual bonus of Rs 861 cr for its policyholders

Mumbai: Tata AIA Life Insurance Co. Ltd. (Tata AIA) Wednesday declared a bonus of Rs 861 crores for FY2022 to all eligible participating policyholders.

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. 

How to Keep Your Life Insured and Still Have a Regular Income?

Life insurance has long been used to safeguard the financial stability of the family even after the death of the breadwinner. A family that loses its breadwinner might quickly lose its financial standing, risking the financial future of its children. Therefore, life insurance plans, particularly term insurance plans, would provide a considerable quantity of funds to the grieving family and assist them in achieving their life objectives.

BhartiAXA Life focuses on women's aspirations and the importance of insurance through a doodle programme

Kolkata/IBNS: Private insurer Bharti AXA Life Insurance organised an interesting programme to mark International Women's Day earlier this month.

Bharti AXA campaigns to choose certainty for life goals with guaranteed solution

New Delhi/IBNS: Bharti AXA Life Insurance today announced the launch of its new integrated campaign on ‘Bharti AXA Life Guaranteed Income Pro’ that urges consumers to choose certainty when it comes to making decisions regarding life’s big goals like retirement plan, children’s college education and securing family’s future with a guaranteed solution.

Bharti AXA Life Renewal income rise 17% to Rs 1,359 cr in FY20

New Delhi/IBNS: Bharti AXA Life Insurance today said the company registered 17% growth in its renewal premium to Rs 1,359 core for the year ended March 31, 2020, against Rs 1,164 crore in the last financial year 2018-19.

Is It Okay to Have Multiple Life Insurance Policies?

Life insurance is an essential part of financial planning and can provide a level of security that allows you the peace of mind to know that your family will be taken care of if you are no longer around.