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There may be no tax on income up to ₹500,000

by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security

  New Delhi: With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present ₹250,000 to ₹500,000 while also reinstating tax-free status for medical expenses and transport...

TATA AIG General launches ‘Medicare’ for health contigencies

by AIP Online Bureau | Jan 16, 2019 | Health, Indian News, Non-Life

  Mumbai: Tata AIG General Insurance Company has introduced its new healthcare variant ‘MediCare’,a flexible and all-inclusive product offering life-long renewal benefit to its customers and offers a sum insured option of up to Rs 20 lacs...

Cyber joins Business Interruption as leading Global Risk for first time: Allianz

by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  NEW YORK: In the wake of mega data breaches and privacy scandals, major IT outages and the introduction of tighter data protection rules in the European Union and other countries, cyber risk is now a core concern for businesses in 2019 and beyond.  ...

Max Life Insurance to pay death claims up to Rs 50 Lakhs in just 1 day

by AIP Online Bureau | Jan 16, 2019 | Indian News, Life

  New Delhi:  Max Life Insurance has launched InstaClaim™, an initiative that endeavours to pay death claims in just 1 day for policies up to Rs. 50 Lakhs where all minimum mandatory documents are received. Death claims shall be eligible for...

Bajaj Allianz General Insurance launches a Health Policy against Vector Borne Diseases

by AIP Online Bureau | Jan 16, 2019 | Health, Indian News, Non-Life

  Pune: Bajaj Allianz General Insurance, India’s leading private general insurer has launched a new health insurance product called M-Care. It covers 7 major vector borne diseases namely Dengue, Malaria, Chikungunya, Kala Azar, Japanese Encephalitis,...
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