Life insurers’ new premium slump second month in a row, down 22% in December to ₹30,218.71 crore

Life insurers’ new premium slump second month in a row, down 22% in December to ₹30,218.71 crore

New business of LIC for December was down more than 41% at ₹13,523.87 crore (₹22,981.28 crore), while for the nine months it was 7.16% higher at ₹1,57,955.95 crore (₹1,47,405.59 crore). File | Photo Credit: Reuters New business of life insurers declined almost 22% year on year in December to ₹30,218.71 crore on the back of tight … Read more

Term Insurance vs Life Insurance: Key Differences And Which Policy Is Best for You

Term Insurance vs Life Insurance: Key Differences And Which Policy Is Best for You

Last Updated:December 25, 2024, 20:53 IST Term insurance offers affordable, high coverage without maturity benefits, while life insurance combines insurance with savings but has higher premiums Term insurance offers risk coverage without maturity benefits. Life insurance is a vital tool for securing your family’s financial future, especially if you are the primary breadwinner. Life insurance … Read more

HDFC Life Insurance Data Breach: 1.6 Crore Customers’ Information Leaked On Dark Web

HDFC Life Insurance Data Breach: 1.6 Crore Customers’ Information Leaked On Dark Web

Last Updated:December 05, 2024, 19:44 IST CyberPeace’s investigation reveals that the stolen data is being sold in bulk, with records available in batches starting from 1,00,000 entries. HDFC Life Insurance confirmed the data breach. If you’re a policyholder with HDFC Life Insurance, it’s crucial to stay vigilant. A massive data breach has come to light, … Read more

‘My Mom Got Evicted Without Her Knowledge’ – Writer Shares Devastating Reason And What Saved The Costly Predicament

‘My Mom Got Evicted Without Her Knowledge’ – Writer Shares Devastating Reason And What Saved The Costly Predicament

Matt Seidholz, a freelance healthcare content writer and journalist from Brooklyn, experienced the devastating impact of foreclosure firsthand when his family lost their home. This traumatic event motivated him to make a wise financial decision that many young people often neglect—purchasing life insurance. While life insurance may not be a top priority for some until … Read more

China arrests former insurance executive as anti-corruption campaign sweeps finance sector

China arrests former insurance executive as anti-corruption campaign sweeps finance sector

According to the Supreme People’s Procuratorate, Li is accused of serious violations, including severe breaches of party discipline and abuse of power, following an investigation by the National Supervisory Commission that concluded in late September. Li is accused of ignoring regulations by accepting invitations that could compromise his impartiality, breaching organisational principles to benefit others … Read more

GST on health cover: BJP’s allies, TDP & Jana Sena, seek rollback of GST on life, health cover

GST on health cover: BJP’s allies, TDP & Jana Sena, seek rollback of GST on life, health cover

BJP’s southern allies — the Telugu Desam Party (TDP) and Jana Sena Party — have demanded a rollback of the goods and services tax (GST) levied on health and life insurance and handlooms. The demand was raised by BJP’s two allies during the discussion in the Lok Sabha on the Budget. Speaking on the budget, … Read more

INDIA bloc protests on 18 percent GST on health and life insurance

INDIA bloc protests on 18 percent GST on health and life insurance

The INDIA alliance leaders held a protest against the Central government outside the Makar Dwar in the Parliament on Tuesday, demanding to roll back GST on health and life insurance. Meanwhile, Congress leader Rahul Gandhi also joined the protest. Congress MP Jebi Mather spoke on this and said that no GST should be applied to … Read more

If You Have A Car Payment, ‘You Will Be Broke Your Whole Life’

If You Have A Car Payment, ‘You Will Be Broke Your Whole Life’

Dave Ramsey may be an expert at running a toxic company where employees aren’t even treated with basic respect, but when it comes to giving financial advice, he has a questionable background at best. Earlier this month, he gave some truly dumb advice to a woman whose husband got taken advantage of by a Kia … Read more