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ANNUITY POLICIES IN INDIA
India plans Rs 35,000 crore highway asset monetisation in FY27The National Highways Authority of India (NHAI) has prepared a list of the highway stretches for monetisation with Haryana accounting for t...- NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clauseThe Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...
- Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- ICICI Pru Life Q4 Results: Profit jumps 58% YoY to Rs 609 crore; premium growth steadyICICI Prudential Life Insurance reported a 58% jump in March-quarter profit to Rs 609 crore, while FY26 profit rose 35% to Rs 1,600 crore. ...
- Autism Acceptance Month: Care, from beyond the spectrumFamilies raising autistic children face a daunting financial future. India's systems fall short in providing lifelong support and structure...
- LICs Smart Pension Plan: What is it and other important FAQs for your retirement planningLIC Smart Pension Scheme 2025: LIC has introduced the Smart Pension Plan, a non-linked, non-participating annuity plan offering liquidity o...
- LIC’s Smart Pension Plan: Key features, eligibility, annuity options, death benefits and moreLIC has introduced the Smart Pension Plan, offering flexible annuity options and secure income streams for retirees. The plan is designed f...
- LIC Jeevan Dhara II policy launched: New annuity plan with guaranteed income; know detailsLIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...
- Free to raise commissions, insurers push annuity plansThe insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer hi...
- LIC hikes payout under New Jeevan Shanti annuity scheme; details hereThe modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...
- Change in NPS pension rules proposed by PFRDA: How subscribers could gainNPS subscribers: The PFRDA has held discussions with the IRDAI to allow NPS pensioners to port their annuity plans. All you need to know ab...
- LIC increases annuity rates of Jeevan Akshay VII, New Jeevan Shanti with effect from Feb 1The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...
- Budget 2022 introduces new tax relief for parents of disabled under Sec 80DDEarlier, Section 80DD allowed deduction on the premium amount to the proposer of the policy if it was a term plan where the disabled person...
- LIC’s Saral Pension scheme launched: Who can buy, how much regular income you will get, other detailsLIC Saral Pension is a non-linked, non-participating plan. The buyer needs to buy this annuity with a single premium after which the annuit...
- Planning your return after retirement? A guide for NRIs looking to buy pension plans in IndiaBuying a pension plan, is a way to ensure a steady flow of income after retirement. A pension is essentially a fund where you invest a regu...
- Irdai ask insurers to offer standard annuity product Saral Pension from April 1Indian life insurance market currently has several individual immediate annuity products marketed by life insurers, with each product havin...
- Hurry! This LIC pension scheme that can provide Rs 10,000 a month will end March 31Pradhan Mantri Vaya Vandana Yojana pension scheme, meant for senior citizens, is available only till March 31.
- Builders may opt for annuity & capital grant based models to develop affordable homes: ReportThe scheme was not able to draw private players towards the sector due land availability, its high cost and non-availability of constructio...
- Budget 2016: Service tax on single premium annuity plan cutCalled the Immediate Annuity plans in the insurance industry, Budget 2016 proposes to reduce service tax burden on single premium annuity p...
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