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INSURANCE WITHDRAWAL CHARGES
No two-factor authentication needed for payment up to Rs 15,000 through e-mandate; higher recurring limit for these transactionsThe Reserve Bank of India introduces a new e-mandate framework for digital payments effective 2026. As per new rules, all recurring transac...
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
TMC urges govt to withdraw GST on health, medical insurance premiumsMPs from INDIA bloc parties TMC and DMK walked out of the House, alleging that there was no clarification from the government over the issu...
New LIC life insurance cover: 7 important details about LIC’s Index Plus policyThe Life Insurance Corporation of India (LIC) unveiled Index Plus, a new unit-linked life insurance policy. It is a non-participating, regu...
Surrendering insurance policy early may cost you less in futureThe new rules would put insurers in a dilemma - they must either lower sales or lower profits to address premature policy closures. If insu...
India Post Payments Bank: How to book IPPB doorstep banking service onlineFor your daily financial transactions, India Post Payments Bank (IPPB) offers Doorstep Banking (DSB) services at your house. Citizens in ev...
ULIPS vs Mutual Funds: Confused where to invest?ULIPs or Mutual Funds – All you must know before making the investment.
Life insurance policy guidelines set to change from February 1. Here's how it will impact youNew guidelines for Ulips and traditional life covers will come into effect from February 1.
What happens when you stop paying ULIP policy premium during lock-in periodAt times, a policyholder may want to discontinue the Ulip, either because he is not happy with the policy or there are some issues with pay...
Regulator may tweak rules governing UlipsAt present, units are deducted from Ulips if one buys riders with it.
How new insurance, pension proposals can impact youCurrently, insurers are required to offer a minimum cover of 10-times the annual premium to those under 45 and 7-times to those over 45.
8 charges in Ulip that one needs to knowAs per the Irdai guidelines, for policies with term above 10 years, the net reduction in yield at maturity shall not be more than 2.25 perc...
Retirement saving: Immediate annuity vs deferred annuityAn immediate annuity plan is purchased with a lumpsum. People who want to start their retirement payout opt for immediate annuity.
- HDFC life launches single premium ULIP
HDFC Life has recently announced the launch of a single premium ULIP targeted at those looking to create their post-retirement corpus.
- High premiums may hit Ulip investors
The cap on charges has made Ulips out-of-reach for the lower, middle-classes as insurers are withdrawing low-value plans, which are unviabl...