Capital markets regulator SEBI is planning to come out with a new combo product under which mutual funds can pair investments with life insurance, its chief Madhabi Puri Buch said on Friday. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: […]
Young high-salaried individuals drive 30% growth in term insurance purchases; ₹2 crore covers most popular – CNBC TV18
Young high-salaried professionals in cities like Delhi, Bangalore, and Mumbai are fueling a surge in term insurance purchases, according to Policybazaar data. This segment of buyers, earning ₹15-40 lakh annually, has driven a 30% year-on-year (YoY) growth in term insurance policies. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
How to claim health insurance deductions under Section 80D – CNBC TV18
As health insurance premiums rise, policyholders must look at ways to leverage tax deductions under Section 80D of the Income Tax Act. This provision, which is currently only available under the old tax regime, allows policyholders to claim deductions for premiums paid towards health insurance policies, thus reducing their taxable income and tax liability. Index […]
Why are more NRIs buying Indian insurance products | Explained – CNBC TV18
For millions of non-resident Indians (NRIs), the deep-rooted connection to their families back home remains unbreakable. As their loved ones grow older, face health challenges, or require financial security, NRIs are increasingly turning to Indian insurance products to provide vital support from afar. But why this surge in demand? Affordability of Indian insurance products The […]
RenewBuy launches insurance product ‘RB Suraksha’: Check key features – CNBC TV18
RenewBuy has introduced RB Suraksha, its second proprietary insurance product aimed at addressing the insurance needs of the “Missing Middle.” The new plan is designed to serve individuals aged 21-49 nationwide, a demographic which often struggles to afford term life insurance. Key Features of RB Suraksha RB Suraksha provides a one-year policy term cover of […]