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Life Insurance Premiums

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Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

Remove 18% GST on life, medical insurance premium: Gadkari to Sitharaman

Union Minister of Road Transport and Highways Nitin Gadkari has requested Finance Minister Nirmala Sitharaman to withdraw the 18 per cent goods and services tax (GST) on life and medical insurance......

BRS manifesto: LPG cylinder at Rs 400, double security pensions

Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers and providing LPG cylinders at Rs 400 each are some of......

Life insurers turn to policies with high value

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in......

No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any......

New biz premium of life insurers rises 13% in October

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

Cut in FY25 estimates likely to keep SBI Life stock under pressure

SBI Life Insurance reported a weak performance in Q2FY25. Image used for representation purpose only. Illustration: Uttam Ghosh/Rediff.com The annual premium equivalent or APE grew 3 per cent......

'Will Keep Working To Grow Value Of New Businesses'

'Margins will be an outcome of that. They will likely remain somewhat range-bound.' Photograph: Kind courtesy HDFC Life/Instagram HDFC Life on October 8, 2024, reported a 14.85 per cent......

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