Life insurance

Hela March 9, 2019

Term insurance is by far the best form of financial protection. Yet, very few people are aware of it and even fewer buy it, resulting in grossly low levels of protection in Indian cities, says a study by Max Life Insurance and Kantar IMRB. Here are some key takeaways of the survey conducted last month. […]

Hela March 8, 2019

Nomura India has a buy call on ICICI Prudential Life Insurance Company with a target price of Rs 430. The current market price of ICICI Prudential Life Insurance Company is Rs 333.50. Time period given by the brokerage is one year when ICICI Prudential Life Insurance Company price can reach the defined target. Investment rationale by […]

Hela February 15, 2019

An endowment policy maturing at the age of 60 or beyond is one of the best saving tools for women. Data from Insurance Regulatory and Development Authority of India (Irdai) show that 90 lakh women bought life insurance policy in 2017-18. During the same period, 1.91 crore policies were purchased by men. So, women accounted […]

Hela February 15, 2019

Once you have rightly identified your needs and constraints, it will become easier for you to select the best policy for your individual circumstances and needs. Each and every wealth management plan demands regular evaluation of the financial goals and objectives. In order to achieve them, it is very important to implement and practice a […]

Hela February 15, 2019

The data from Insurance Regulatory and Development Authority of India (Irdai) showed that LIC saw its first-year premiums at Rs 1.05 lakh crore in April to January 2019, against Rs 1.07 lakh crore in the previous fiscal. First-year premiums of life insurance companies stood at Rs 1.59 lakh crore between April and January, a rise […]

Hela February 15, 2019

SBI Life’s individual APE growth was muted at 1% y-o-y in January 2019, especially against the backdrop of 24% growth in December 2018. Individual annual premium equivalent (APE) growth for private sector life insurance companies was modest at 10% in January 2019 translating into year-to-date (YTD) growth of 11%. ICICI Prudential Life witnessed sharp rebound […]

Hela February 12, 2019

There EDMC budget announced on January 22, 2019 has proposed constructing new schools in 10 localities(HT File / Representative Photo ) The cash-strapped East Delhi Municipal Corporation (EDMC) has decided to scrap proposals to impose new taxes in the financial year 2019-20. To cope with losses, then EDMC commissioner Puneet Goel had in December proposed three new […]