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After Covid, Budget 2022 must hike tax exemption limit for health insurance under Section 80D
Sat, Jan 15, 2022     Source : Economic Times
Section 80D of the Income-tax Act, 1961 provides income tax exemption for health insurance premium and select health expenses.
INSURANCE NEWS
How much money did Indians get as life insurance death claim in 2020-21?
Sat, Jan 15, 2022     Source : Economic Times
We are in year three of the novel coronavirus pandemic.
INSURANCE NEWS
The dos and don’ts when buying health insurance policies in covid times
Fri, Jan 14, 2022     Source : Mint
Taking an adequate health insurance cover for you and your family is a sensible option.
INSURANCE NEWS
Buying a term plan? Go by hard numbers while selecting a life insurer
Fri, Jan 14, 2022     Source : Business Standard
Avoid insurers with large difference in claims settled by number of policies and by benefit amount
INSURANCE NEWS
Insurers insist on three-month 'waiting period' for Covid-infected
Thu, Jan 13, 2022     Source : Economic Times
Life insurance companies are insisting on a mandatory three month wait period for people infected with the Covid virus and wanting to buy a term plan.
INSURANCE NEWS
Insurance policies that can help save tax under Section 80C
Thu, Jan 13, 2022     Source : Mint
Did you know that you can save tax under section 80C of the Income-tax Act by investing in different insurance products?
INSURANCE NEWS
Max Life Insurance's death claim settlement at 99.35% in FY 2020-21
Thu, Jan 13, 2022     Source : Economic Times
Max Life Insurance's death claim settlement stood at over 99 per cent in the financial year 2020-21, in which the company paid claims worth over Rs 885 crore.
INSURANCE NEWS
Govt bats for loss-making insurers, seeks regulatory forbearance
Wed, Jan 12, 2022     Source : Economic Times
The government is in discussion with the insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) seeking extension of special dispensation to the state-run general insurers for ...
INSURANCE NEWS
Will the third wave push up health insurance premiums?
Wed, Jan 12, 2022     Source : Mint
India’s health insurers are surveying a surge in coronavirus infections and a rush of hospitalization claims before deciding on raising premium rates.
INSURANCE NEWS
India aims to file LIC IPO prospectus in week of 31 Jan
Wed, Jan 12, 2022     Source : Mint
Life Insurance Corporation of India could file a prospectus in the final week of January for what would be the nation’s biggest initial public offering, according to people with knowledge of the matter.
INSURANCE NEWS
LIC hikes stake in this multibagger chemical stock
Tue, Jan 11, 2022     Source : Mint
State-owned insurer and investment giant Life Insurance Corporation (LIC) has increased its stake in chemical manufacturing company Deepak Nitrite, according to an exchange filing.
INSURANCE NEWS
Health insurance companies can no longer deny claims, deduct charges for specific Covid treatment
Tue, Jan 11, 2022     Source : Financial Express
IRDAI has advised the health insurance providers to take appropriate action for ensuring that the claims are settled as per terms and conditions of the policy.
INSURANCE NEWS
Non-life insurance companies register over 7 pc rise in gross premium at Rs 18,953 cr in Dec 2021
Tue, Jan 11, 2022     Source : Economic Times
The gross direct premium underwritten by non-life insurance companies grew by 7.3 per cent to Rs 18,953.09 crore in December 2021, data from Irdai showed on Monday.
INSURANCE NEWS
Insurance cover likely for traders under national retail trade policy
Mon, Jan 10, 2022     Source : Business Standard
Proposed national retail trade policy to support kirana stores
INSURANCE NEWS
10 ways to reduce car insurance premium
Mon, Jan 10, 2022     Source : Economic Times
When you buy a car, the convenience comes for a price. Besides maintenance, you also pay for the vehicle’s insurance, which has two components:
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