Budget 2023 Expectations: Reasons why term insurance should become a standalone deduction
The Budget is a financial blueprint that lays out the government's plans for revenue and spending for the upcoming year. This year's pre-Budget discussions have been particularly important as the world is still reeling from the economic impact of the COVID-19 pandemic. The government is expected to take into consideration the present global economic landscape while formulating the Budget.
Date: 31/01/2023 / Source: mintgenieRead more..
Benefits of Term Insurance
New Delhi (India), January 23: A term plan is a type of life insurance policy designed to provide financial benefits to a chosen beneficiary upon the death of the insured. It offers coverage for a specific period, most often 10, 15, 20 or 30 years and typically has no cash-value component.
Date: 23/01/2023 / Source: DeccanHearaldRead more..
Your money: Buying insurance? Don’t chase returns, maximise risk cover
Acquaintances often request me to suggest life insurance products that can fetch high returns. Occasionally, they are subjected to product presentations by insurance advisors, showing returns that make them thrilled but also make them circumspect on whether the insurance products can really earn such high returns.
Date: 20/01/2023 / Source: Source : FINANCIAL EXPRESSRead more..
LIC Jeevan Azad (Plan No. 868): New LIC policy for Rs 5 lakh cover and other benefits
The Life Insurance Corporation (LIC) of India has launched Jeevan Azad (Plan No. 868), which is a new plan aimed at individual savings and life insurance. As per LIC, the plan offers an attractive combination of protection and savings.
Date: 20/01/2023 / Source: Source: Financial ExpressRead more..
Health insurance evolving to suit millennial needs
India has a major share of the millennial demographic — 34% of the total population — to be precise. While this might be a significant percentage, before the pandemic struck, this consumer segment seldom considered having an adequate insurance policy.
Date: 08/01/2023 / Source: Source : The HinduRead more..