Delhi govt to soon notify city logistics plan : CM Rekha GuptaDelhi is set to unveil a new city logistics plan aimed at boosting industrial investment. The national capital has achieved the highest 'Ex...
Zerodha’s Nithin Kamath flags ULIP, endowment traps; says health policies remain complexNithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans de...
IRDAI misses to measure average sum assured per policyholder in its annual reportWhen IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...
Canara HSBC Life Insurance shares soar 10% as Q4 net profit rises 9% to Rs 35 croreCanara HSBC Life Insurance shares surged 10% after reporting a nearly 9% net profit increase to Rs 35 crore for Q4 FY26. The insurer saw a ...
SBI Life Q4 Results: Profit falls marginally to Rs 805 crore; net premium income rises 16% YoYSBI Life Q4 results: SBI Life reported a marginal 1% decline in Q4 standalone profit to Rs 805 crore, despite a 16% YoY rise in net premium...
Returns from ULIP investment to get tax treatment as capital asset in these conditions, clarifies Budget 2025Budget 2025: ULIPs to which exemption under clause (10D) of section 10 does not apply, is a capital asset and any profit and gains from the...
Life insurers see little impact from tax sop removalThe finance minister announced in the February budget the scrapping of the tax exemption on maturity proceeds of non-unit linked insurance ...
Getting tax free income from insurance policies, except Ulips, restricted furtherThese amendments will take effect from 1st April, 2024 and will accordingly apply to the assessment year 2024-25 and subsequent assessment ...
Five aspects to consider before buying a ULIPULIP is a hybrid investment product, that strives to meet both investment and insurance needs. The policy premium gets invested in differen...
ULIPs with over Rs 2.5 lakh annual premium to lose their tax-edge over equity MFs“Instances have come to the notice where high net worth individuals are claiming exemption under this clause by investing in ULIP with a hu...
Ulip holders may get option to stagger maturity payments to cushion current stock market impactWhere unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyhol...
Insurers wooing Ulip investors as redemption pressure mountsThough many companies have confirmed that they are witnessing mass-scale redemption of old Ulip policies, they refused to share any numbers.
ULIP premiums of private insurers surge even as mutual funds attract inflowsICICI Prudential Life Insurance, the largest private life insurance company, has had 85% of its new premiums coming from ULIP schemes in FY...
Why you should stay with UlipsLife Insurance is a long-term product and Ulips are no different. It is important to keep the Ulip policy in force for the entire term by p...
- Insurers pull out 208 Ulip schemes, unveil just 42
Stricter regulations help cos rationalise policies; most cos withdraw 10-30 products each in August.
- ULIP policies must come with life cover, says IRDA
Insurance regulator IRDA, locked in a turf war with capital market watchdog Sebi over regulation of unit-linked policies, has reemphasised ...
- IRDA likely to prescribe fair share of traditional policies in product mix
The decline in the sales of unit-linked insurance plans policy has prompted the Insurance Regulatory Development Authority to consider maki...