CBDT notifies rules to calculate life insurance income where premium exceeds Rs.5 lakh

The Central Board of Direct Taxes (CBDT) issued a circular on 16…

A Brief Note on Term Insurance

Term insurance policies is a life insurance product that compensates when an…

New Insurance Rules: KYC is Mandatory

It is now mandatory to submit Know Your Customer (KYC) documents for…

Upgrade Your Insurance Policy to Cover OPD Costs

Optimising your health insurance and getting the best coverage is essential as…

IRDAI Panel Suggests to Introduce a Combi Micro Insurance Product

A panel on Micro-Insurance (MI) set up by the Insurance Regulatory and…

No Medical Insurance? Here’s What You Can Do

As per a recent survey, 46% of the participants purchased health insurance…

Know the tax implications on ULIP schemes

Unit Linked Insurance Policies (ULIP) offer a combined benefit of wealth creation…

Common Errors You Need to Avoid When Buying a Health Insurance Policy

When you buy a health insurance policy, you could make several mistakes,…

Here’s What You Should Know About Overdraft Facility

The overdraft facility can be considered as a kind of a loan.…