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ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...
Should you go for accidental death insurance despite having term insurance? Check this before decidingTerm insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replace...
Missed your term insurance premium? Here's what happens to your policy, claim, and life coverMissing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and nominees receive benefits if deat...
Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
PM Kisan eKYC deadline: What happens if you don’t complete eKYC process before Aug 31The Pradhan Mantri Kisan Yojana's eKYC deadline is quickly approaching. The deadline for completing e-KYC is August 31, 2022.
How new 'wage' definition in labour codes could impact your income tax outgoThe new wage definition under the Code on Wages, 2019 will change the way gratuity and provident fund calculations are done on salary. As p...
Suicide is covered under life insurance: All you need to knowSuicide is usually covered after 12 months from the date of the purchase of the policy.
IRDAI issues guidelines for standard travel insurance policies to be offered from April 1, 2021According to the exposure draft, insurers will be allowed to launch five standard travel insurance plan variants under domestic travel and ...
New social security code likely to hike retirals, cut take home pay for salariedWhile the intention of the Code on Social Security is to increase the retiral benefits of the employee, this could impact the take-home sal...
Should you buy Bajaj Capital's coronavirus health policy that pays a lump sum to surviving insured?This is an indemnity type medical insurance policy offered to individuals for reimbursement of hospitalization expenses subject to conditio...
Are deaths due to coronavirus covered by life insurance policies?It is reasonable to assume that a global health crisis like the coronavirus would have some impact on your life insurance policy acceptance...
Can’t deny health insurance to those suffering from genetic disorders: HCHC said exclusion of insurance claims in respect of genetic disorders creates a broad classification “which is writ with ambiguity and vagu...
LIC launches two Aadhaar based policiesThis plan is available to standard healthy lives from age 8-55 years, without any medical examination. The maximum age of maturity is 70 ye...
PF lens on companies tweaking pay to reduce contributionsThe PF department has instructed its officers to crack down on companies that structure employees' salaries into different allowances to re...
- Terms and conditions that an insurance contract does not cover.
To bring down the possibility of anti-selection & limit losses, insurers introduce the concept of exclusion to the cover.
- Exclusions clause in insurance policies
To limit losses and to discourage anti-selection, insurance companies make it clear that there will be some 'exclusions' to the cover offer...
- All-in-one policy lets you cover multiple risks
Bajaj Allianz's Star Package Policy policy offers to cover multiple risks and contingencies faced by an individual under a single policy.
- Textile cos seek easier norms for machine imports
The Indian textile industry has asked the commerce ministry not to exclude textile units that had availed funds for modernising their units...
- Insurers divided over cover for terror attacks
The terrorist attacks in Mumbai have made many wonder if they are covered under their existing insurance policies for such eventualities.