BUSINESS
Five money myths that women must bury
Even if you do not earn a salary, invest your regular savings – even if the amounts are small – to create a corpus for your retirement
BUSINESS
Women’s day: Do not just leave your joint finances to your spouse. It's your money as well
Find out whether he is a spender or a saver and then come to the conclusion on the way forward
BUSINESS
LIC IPO: What LIC’s policyholders must know about investing in it
The LIC IPO is likely to open for subscription on May 4 and close on May 9, 2022
BUSINESS
LIC IPO | 60-70 lakh PAN updated on LIC portal so far, says Chairman MR Kumar
Participating policyholders need not feel shortchanged due to change in profit-sharing arrangement, says LIC’s top management.
BUSINESS
LIC IPO | 5-10% discount will make it attractive for policyholders: ithought Financial's Shyam Sekhar
Investors should not worry too much about LIC’s market share but should look at how the business is run, how risks are taken, the cost of acquiring customers, and VNB margins, says ithought Financial Consulting’s Shyam Sekhar
BUSINESS
How LIC's insurance agents are gearing up for the IPO and competing with digital distribution channels
LIC relies primarily on its strong, diverse network of individual agents to sell life insurance policies, but is now taking steps to expand its footprint in the digital space too. Agents, however, remain unruffled.
BUSINESS
How reliable is LIC's claim of least amount of mis-selling complaints?
LIC received 2.4 mis-selling complaints per 10,000 policies in April-September 2021. Over the years, a plethora of cases where distributors across life insurance companies mis-sold such products to unsuspecting, gullible policyholders have come to light.
BUSINESS
LIC’s tie-up with Policybazaar: Will it manage to attract millennial customers?
Policybazaar will offer LIC’s term as well as investment products through its online as well as offline platforms
BUSINESS
LIC IPO | Insurer to keep up to 10% of issue size for policyholders and at discount
Only eligible policyholders who have updated their PAN by February 28, 2022 can apply under policyholder's quota.
BUSINESS
Explained: How you can revive your lapsed LIC policy
Do a cost-benefit analysis to figure out whether buying a fresh policy is better than paying arrears for the previous years plus the late fees
BUSINESS
How to choose between the new and old income tax regimes
Since we are in the midst of the tax-saving season, it is a good time to revisit your tax-saving strategy and ascertain which regime suits you the best
BUSINESS
Budget 2022 offers additional tax concessions to the differently abled: Here are the details
Section 80DD is meant to provide relief to tax-payers – parents or other guardians – taking care of medical treatment, training and rehabilitation of differently-abled dependents
BUSINESS
LIC IPO: The art and science of valuing an insurer’s growth potential
Insurers’ valuation process varies significantly from that of other industries. It's not just the Price-Earnings multiple. Will it retain its market share?
BUSINESS
Budget 2022: State government employees to get NPS tax benefits at par with their central peers
State governments’ tax-deductible contribution to their employees’ NPS has been raised from 10 percent to 14 percent
BUSINESS
A year after Budget 2021, I-T department clarifies taxation rules of ULIP gains
The renewal premiums paid on Ulips bought before February 1, 2021, will continue to be tax-exempt
BUSINESS
Simply Save | How COVID-19 has affected Indian life insurance sector and policyholders
Term insurance premiums have risen in India, but continue to be cheaper compared to global markets, says Kamlesh Rao, MD and CEO, Aditya Birla Sunlife Insurance
BUSINESS
HDFC Life indicates gradual rise in term insurance premiums: Here's what you must do
Term insurance premiums are on the rise. Do not delay your decision if you have been planning to buy one, but let price not be the sole driving factor
BUSINESS
How LIC’s IPO has pushed a race for new demat accounts
As many as 10-30 lakh new demat accounts are expected to be opened just to participate in the LIC IPO
BUSINESS
Admitted to a hospital with mild COVID symptoms? Your insurance claim may be rejected
One of the reasons for claim rejection is that some patients get admitted to hospitals anticipating that their condition could turn serious later
BUSINESS
Job instability, medical costs key concerns in COVID times: SBI Life study
Over a third of the Indians (35 percent) have not seen any recovery in their income levels that took a hit in 2020
BUSINESS
Insurers see spike in Omicron claims, but fewer than second wave
Hospitalisation claims have shot up in the last ten days, but are still fewer than what insurers had witnessed during the second wave in March-May 2021
BUSINESS
Why you must verify your income tax returns
When you verify the tax returns, you provide a confirmation of the information you have submitted
BUSINESS
Simply Save | Missed the tax return-filing deadline? File your return before March 31
You will have to pay a penalty of up to Rs 5,000, but it is best to complete the process as soon as possible
BUSINESS
HDFC Life completes acquisition of Exide Life: Here’s what policyholders must know
There will be no changes in Exide Life's existing policy terms and conditions. HDFC Life will not issue new policy documents to existing customers of Exide Life
