Life Insurance

Life Insurance: Is income tax benefit still the trigger for investment?

Proper Protection

14 April 2024, 21:23 IST

Life Insurance: Is income tax benefit still the trigger for investment?

14 April 2024, 21:23 IST

Claim settlement ratio - a tool to pick the right insurer

Favour foresight.

25 March 2024, 04:49 IST

Claim settlement ratio - a tool to pick the right insurer

25 March 2024, 04:49 IST

Nagaland govt announces universal life insurance scheme

The comprehensive scheme is part of the Budget tabled in the state assembly on Tuesday by Chief Minister and Minister in Charge Finance Neiphiu Rio. The Chief Minister's Universal Life Insurance Scheme will be fully funded by the state government.

27 February 2024, 16:50 IST

Nagaland govt announces universal life insurance scheme

27 February 2024, 16:50 IST

IRDAI proposes to set up online marketplace 'Bima Sugam'

A digital public infrastructure called 'Bima Sugam -- Insurance Electronic Marketplace' is proposed to be established to empower and protect the interest of policyholders, Insurance Regulatory and Development Authority of India (Irdai) said in a draft.

14 February 2024, 14:09 IST

IRDAI proposes to set up online marketplace 'Bima Sugam'

14 February 2024, 14:09 IST

LIC served with Rs 80 cr GST demand notice

The demand notice will have no material impact on financials, operations or other activities of the Corporation.

01 January 2024, 16:16 IST

LIC served with Rs 80 cr GST demand notice

01 January 2024, 16:16 IST

Life insurance death claims plummet by 31.8% as Covid-19 mortality drops: Report

For the fiscal year ending in March 2023, the amount paid by insurers was Rs 41,457 crore, almost 20,000 crore less compared to Rs 60,821 crore in the previous year.

30 December 2023, 12:56 IST

Life insurance death claims plummet by 31.8% as Covid-19 mortality drops: Report

30 December 2023, 12:56 IST

Life insurers paid Rs 42,322 crore to agents in 2022-23: IRDAI

In 2021-22, commission expenses by life insurance companies as 5.18 per cent of total premium.

27 December 2023, 21:34 IST

Life insurers paid Rs 42,322 crore to agents in 2022-23: IRDAI

27 December 2023, 21:34 IST

LIC to play key role in achieving 'Insurance For All by 2047: Chairman

LIC is also exploring options of having its own fintech arm that can be developed as a business model, he added.

17 December 2023, 10:31 IST

LIC to play key role in achieving 'Insurance For All by 2047: Chairman

17 December 2023, 10:31 IST

LIC notifies hike in gratuity limit to Rs 5 lakh for its agents

The increase was effected by amending the Life Insurance Corporation of India (Agents) Regulations, 2017.

15 December 2023, 16:48 IST

LIC notifies hike in gratuity limit to Rs 5 lakh for its agents

15 December 2023, 16:48 IST

Life insurance & the incidence of tax you need to be aware of

The deduction under Section 80 of the I-T Act is restricted to 20% of the capital sum assured, for policies taken prior to March 31, 2012 and 10% for those picked after April 1, 2012.

26 November 2023, 23:55 IST

Life insurance & the incidence of tax you need to be aware of

26 November 2023, 23:55 IST