Commission payouts in the insurance sector are high, especially when compared to other financial sector segments such as mutual funds where expense ratios have been trending downwards.
Don’t just go for the policy with the lowest premium. Conditions could apply, and you could end up spending a lot more than you saved on the premium.
Health insurance companies have launched a host of products with new or enhanced features such as additional cumulative bonus for claim-free years, worldwide coverage and insurance despite pre-existing diseases.
Young customers don’t see health as a pressing issue, and, therefore, make the mistake of waiting until it’s too late. Buying a policy when you are young will enable you to skip the mandatory waiting period. Also, you can get higher coverage at a lesser premium.
BOI AXA M & I Fund - Direct (G)
Axis Small Cap Fund - Direct (G)
Invesco India Infra. -Direct (G)
BOI AXA M & I Fund (G)
Axis Small Cap Fund (G)
|S&P BSE Smallcap||26159.03||-207.42||-0.79|
|S&P BSE Midcap||23446.74||-99.06||-0.42|
|S&P BSE Capital Goods||33487.82||-262.36||-0.78|
The new product will be on the lines of other standardised products launched earlier, such as Aarogya Sanjeevani, Corona Rakshak, and Corona Kavach. The flipside: pricing has been left to the insurers, which will be one of the key differentiators while choosing the product.
Bima Sugam is expected to usher in greater simplicity, security, transparency, trigger innovation, and level the playing field for all players. It is expected to do for insurance what UPI has done for payments
Female customers make up 45-48 percent of those covered by New India Assurance’s health insurance policies today, says Neerja Kapur, Chairperson and Managing Director.
The Association of SEBI-registered Investment Advisors would offer financial planning counselling to people who receive death insurance claims.
Physical gold and insurance plans that were bought for steady returns do not help create wealth. There are better alternatives. On this Women’s Day, it’s time to make some crucial changes to your portfolio
Guaranteed, tax-free maturity proceeds may sound inviting but low rate of return is a dampener for Jeevan Azad, as is the case with most non-participating, guaranteed endowment plans