CBDT issues norms on life insurance policies
The Central Board of Direct Taxes (CDT) has issued guidelines on the recent Finance Act 2023 which introduced changes in Read more
life insurance policies
No Income Tax on life insurance policies of 10 or more years, ICAI recommends Central govt
In its Pre-Budget Memoranda – 2021, the Institute of Chartered Accountants of India (ICAI) has recommended the Union government to Read more
EARLY DEATH OF LIFE INSURANCE POLICIES IN INDIA
Insurance is a long-term business in which customers and the industry benefits if the policies are held for long. But Read more
On-line selling of term plans & availing other effective forms of life insurance distribution in this new age
Introduction:
Long-term disability insurance helps to replace the income if one is unable to work due to illness or injury. Illness and injury can happen at any age. If a person has created a financial cushion with disability insurance, a person is assured that the financial safety will help him to deal even the most difficult situations.
Read morePersistency of life insurance policies and servicing of orphan insurance policies
Life insurance policies are generally of long-term in nature. As such, in the interests of all parties, i.e., the policyholders, the intermediaries and other stakeholders, the insurer has to put in place measures to ensure that the policies remain in force all through their full term. The following are some of the issues that normally determine the persistency of life insurance policies: Read more