Money Control

2024-12-16

Insurance in 2024: Higher life insurance surrender values, shorter moratorium period in health insurance and more

The regulatory reform from IRDAI that attracted the maximum attention was the change in computation of surrender values and charges for endowment policyholders, but the regulator modified several other rules that directly affect retail life, health and general insurance policyholders.

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2024-08-19

This Raksha Bandhan, give more than cash: Gift your sister financial wisdom and investments

Gift your sister a term deposit, a SIP in mutual funds, enrol her for a financial planning workshop or book an appointment with a financial adviser to make a personalised investment plan.

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2024-08-17

Health insurance: How to choose the best plan

A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a grim picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the world”, highlighting a worrying rise in cancer cases and other non-communicable diseases (NCDs).

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2024-07-23

Budget 2024: What’s cheaper and costlier? Here's the list

The reduction in customs duties on gold and silver to 6% is expected to stimulate retail demand and help mitigate smuggling issues in the world's second-largest bullion consumer.

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2024-07-23

Budget 2024 Key Highlights: From capital gains, income tax changes to employment initiatives, here are the key takeaways

Union Budget FY25: FM Nirmala Sitharaman presented the 2024-25 budget focusing on job creation and boosting consumption. Key highlights include capex at ₹11.11 lakh crore, tax rationalisation efforts, and schemes for employment, skilling, and women empowerment.

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2024-05-28

LIC maintains lead in Indian insurance market, eyes rural expansion

With an eye on expansion, the management outlined plans to penetrate Tier-2, Tier-3, and rural areas, and to fortify its position against private competitors

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2024-05-28

LIC Q4 net profit rises marginally to Rs 13,762 cr, asset quality healthy; announces Rs 6 interim dividend

LIC Q4: Its gross non-performing asset (GNPA) stood at 2.01 percent against 2.56 percent in the year-ago period The insurer announced an interim dividend of Rs 6 per share.

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2024-03-08

International Women's Day: Only 26% women are decision-makers when it comes to buying health insurance, finds Future Generali study

International Women's Day: Compared to motor insurance, where over 50 percent women said they understood their policy benefits and clauses, only 32 percent were aware of their health insurance coverage details.

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2024-02-16

LIC launches Amritbaal, a traditional savings life insurance plan for children

The product is targeted at parents who wish to create a long-term corpus to meet the higher education needs of their children.

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2024-02-08

LIC Q3 results: Net profit jumps 49% YoY to Rs 9,441 crore

The insurer’s net premium income grew 4.67 percent to Rs 1.17 lakh crore in the quarter under review, from Rs 1.11 lakh crore in the year-ago period

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2023-10-24

This Dussehra, use this method to boost your health insurance

While financial planners plan for retirement, education, marriage, home purchase, travel, etc., they generally miss out on one of the most important life goals – the physical survival goal. Here is how it can be remedied.

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2023-10-11

GST refund on premiums makes term insurance more attractive for NRIs

The 18 percent refund should sweeten the deal for expat Indians seeking to secure their families back home.

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2023-08-29

How to choose the right health insurance plan for your needs

[Partnered] The right health insurance plan should be chosen after giving considerable thought to your needs, finances, and accessible possibilities. It's an investment in your health and financial stability that gives you peace of mind by ensuring that you and your loved ones are covered in the event of an emergency medical situation.

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2023-07-25

Buying health insurance? Six factors individuals with pre-existing conditions should be aware of while purchasing a plan

Health Insurance: Healthcare costs are skyrocketing significantly. And, this is when health insurance comes in handy. The financial security of an individual is protected by having health insurance. With the ever-rising instances of diseases, health insurance today is a necessity.

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2023-06-13

How Much Health Insurance should a fresher get?

It is wise to purchase a personal health insurance policy even if you have one through your employer

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2023-06-13

Section 80D: Ensure you claim all tax benefits on health insurance premiums while filing I-T returns

Section 80D offers tax breaks on health insurance premium paid for self, spouse, children and parents. You can avail of tax breaks at the time of filing returns, even if you have missed out on claiming these while submitting tax-saver investment proofs to your employer

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2023-05-25

LIC Q4 profit surges nearly 6-fold to Rs 13,428 crore; dividend declared

LIC earned net commission of Rs 8,428.5 crore for the last quarter of FY23, growing 5.4 percent over the year-ago period, and showing a massive 33.4 percent increase compared to previous quarter.

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2023-04-07

World Health Day 2023: 3 things you must check before buying health insurance

World Health Day 2023: Innovations in health insurance have led to the inclusion of day-care and OPD expenses, and even the cost of preventive health checkups, in certain policies for a reasonably priced premium.

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