How government is over-taxing your insurance for GST bounty
This is one pinch we all feel every time we pay the premium for our life and health insurance policies. The prohibitive 18% Goods and Services Tax (GST) adds to…
PNB MetLife Launches Bharat Manufacturing Fund in ULIP Segment
New Fund Introduction PNB MetLife India Insurance Company Limited has launched the Bharat Manufacturing Fund, offering policyholders a chance to invest in India's manufacturing sector. This fund is available as…
Max Life’s 50th edition of Super Customer Week
Celebrating Milestones and Strengthening Customer Relationships Max Life Insurance Company Ltd. ("Max Life") recently celebrated the 50th edition of its Super Customer Week, a unique initiative aimed at fostering strong…
Aviva India launches two new innovative insurance products
Aviva Life Insurance, has launched two innovative insurance products. The Aviva Signature Investment Plan - Platinum and the enhanced Aviva Signature 3D Term Plan with Preventive Wellness Package represent a…
ICICI Prudential Life Insurance Q1 Profit Rise
Strong Performance in Market-Linked Insurance Drives Profit Growth ICICI Prudential Life Insurance reported a 9% increase in its first-quarter profit. The profit after tax for the quarter ending June 30…
Budget Slashes TDS on Life Cover Pay-outs and Insurance Commission
In the Union Budget 2024-25, the Finance Minister proposed reducing the TDS rate on life insurance policy payouts and insurance commissions from 5% to 2%. This change will take effect…
IRDAI Master Circular on Life Insurance Products
Introduction The Master Circular on Life Insurance Products, issued on June 12, 2024, by the Insurance Regulatory and Development Authority of India (IRDAI), consolidates various guidelines and regulations to streamline…
Future Generali India Insurance to Include Specially-Abled in Workforce
Inclusion Initiative Aims for 1% Representation by December Future Generali India Insurance (FGII) has announced a significant step towards workplace inclusivity by planning to ensure that specially-abled individuals will constitute…
LIC Ranks 4th Most Valuable Brand in India
Brand Finance India 100 Report Highlights LIC's Market Strength Life Insurance Corporation of India (LIC) has been ranked as the 4th most valuable brand in India with a brand value…
India Post Payments Bank Launches Wallet-Friendly Accidental Insurance Plan
India Post Payments Bank (IPPB) has introduced an affordable accidental insurance policy with coverage ranging from ₹10 lakh to ₹15 lakh, and annual premiums between ₹520 to ₹799. Targeted at…