01/04/2023

Life Insurance Maturity Taxable

New income tax rule: From 1st April 2023, insurance proceeds on premium above ₹5 lakh per annum would become taxable

01/01/2023

KYC Norms In Insurance

It is now mandatory to submit Know Your Customer (KYC) documents for purchasing all new insurance policies, including health, auto, travel, and home. From January 1, 2023, the rule is applicable to every type of insurance scheme, such as life, health, and general insurance.

01/04/2023

LIC as Investment Option in 2023

LIC Policies for investment are the best option to invest your hard-earned money. As LIC is a government-backed entity, one can fully be assured that their money is in the safe hands. LIC Investment plans offer comprehensive life cover to individuals along with opportunities to save money and grow wealth through market-linked returns.

IRDA Digital Platform & Initiative

UPI moment for insurance. Bima Sugam to be game changer for insurance sector: IRDAI Chairman

Mental Health & HIV Cover

Insurers grapple with policy pricing, design as IRDAI mandates mental health, HIV cover