Page 22 - Life Insurance

Readers' Corner: Life Insurance

Life insurance riders offer additional benefits and coverage at a low premium.

Everything you must know about tax benefits of medical and life insurance

The income tax laws provide a tax deduction under Section 80D of the premium paid towards a medical cover taken for oneself or family (spouse and children) upto Rs 25,000 from the individual's income

IndiaFirst Life Insurance ties up with Oxigen to widen reach

The partnership will begin as a pilot project for three to six months, first in Bihar and Odisha, and then in Uttar Pradesh, to understand ground challenges

Readers' Corner: Will life insurance be in force even outside India?

It is always prudent to have a life insurance cover irrespective of where one lives

How technology impacts life insurance

Hype around what's possible in digital does injustice to what's possible in real

Life insurers' new premium up 6% to Rs 16,995 cr in November: Irdai

State-owned LIC registered a fall of over 1.5 per cent in new premium collection at Rs 12,336.53 crore during the month

Reader's Corner: Life Insurance

As per the IRDAI regulations, each and every insurance company has to declare their investment return to their policyholders each year

Readers' Corner: Mutual Fund

You can align your SIPs with a specific goal and withdraw money when you have achieved

Why you should stick to your life policy for entire tenure

Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid

Readers' Corner: Life Insurance

Since life insurance is long-term contact, it is difficult for policyholder to change renewal date

Life insurers' new business premium surges 47% to Rs 20,428 cr in July

The country's life insurance firms earned Rs 13,854 cr as premium from new biz in the same month

Readers' Corner: Life insurance

To avail of a group insurance policy one needs to insure at least 50 employees, says Pankaj Razdan

Claiming life insurance for a missing person

In case of a natural calamity or a terrorist attack, the claim settlement period can be waived off

Reader's corner: Life insurance

Arijit Basu, MD & CEO, SBI Life, answers your questions

First year premium growth of life insurers rebounded in FY16

Life insurance sector had witnessed decline of 13.55% in in 2015-16

Guaranteed return plans see renewed interest

While they offer assured returns, you may miss out on any upside when interest rates rise

Demonetisation helped life insurance companies

Lot of money from bank accounts came into insurance products

Life insurance sector unfazed by demonetisation

On a year-on-year basis, private insurers and LIC grew at a robust pace of 42% and 38%, respectively

Your Money: Avoid single premium plans for tax saving

A combination of ELSS or PPF with a term plan offers better coverage and returns

Life insurers' claim settlement improves

According to the Insurance Regulatory and Development Authority of India's (Irdai) Annual Report 2015-16, Ulips registered growth of 12.62 per cent in premium in 2015-16, compared to 2014-15. In comparison, the growth in premium from traditional products was 11.72 per cent for the same period.