by AIP Online Bureau | Aug 17, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy
According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year New Delhi: The Income Tax department...
by AIP Online Bureau | Aug 8, 2023 | Indian News, Life
Life insurance behemoth Life Insurance Corporation has seen a slow down in its premium accretion in the month of July. The corporation’s total premium has declined by 47 per cent y-o-y to Rs 15386.57 in the month of July Mumbai: Despite bullish performance by the...
by AIP Online Bureau | Jul 12, 2023 | Data, Life
Among total collections in the first quarter, private players grew 10.6 per cent to Rs 28,167.7 crore year-on-year from Rs 25,473.5 crore, when it grew by 48.8 per cent Mumbai: Life insurers collectively witnessed a 0.9 per cent decline in the first quarter new...
by AIP Online Bureau | Jul 11, 2023 | Banking & Bancassurance, Briefs, Life
Max Life Insurance Company Ltd. has announced its partnership with DCB Bank for providing a variety of life insurance products to the bank’s customers, including term, savings, and retirement plans, allowing them to protect their financialfuture and expand their...
by AIP Online Bureau | May 10, 2023 | Facts, Life
Another key finding of the report is that 22 per cent of customers cited ‘Company does not keep in touch’ as a potential reason for leaving. In addition, 8 out of 10 customers would like the bank RM/agent to call/meet them after purchase at least once...
