News

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 crore

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 crore

All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.

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Minimum Balance Rules Of SBI, HDFC Bank Explained Here

Minimum Balance Rules Of SBI, HDFC Bank Explained Here

Banks also charge a penalty from customers who fail to maintain an average monthly balance in their savings account

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RBI to come out with mobile app for currency notes identification

RBI to come out with mobile app for currency notes identification

NEW DELHI: The Reserve Bank of India (RBI) will come out with a mobile application to help visually challenged people in identifying currency notes as cash still remains a dominant mode of transaction.

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LIC’s Nav Jeevan offers good insurance cover, tax benefits with options to pay single or limited premium

LIC’s Nav Jeevan offers good insurance cover, tax benefits with options to pay single or limited premium

LIC’s Nav Jeevan plan is a non-linked with profit endowment assurance plan, with the options to pay either single premium or limited premium for 5 years.

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Life insurers close Q1 with 65% growth in first year premiums; LIC beats industry

Life insurers close Q1 with 65% growth in first year premiums; LIC beats industry

Life Insurance Corporation of India (LIC) posted an 81 percent YoY growth in new premiums at Rs 44,794.78 crore in Q1

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LIC increases market share over 73% as private insurers lag

LIC increases market share over 73% as private insurers lag

Life Insurance Corporation of India (LIC) has increased its share of the insurance market in the country by 7 percent this year and now corners 73.2 percent of the industry.

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LIC Money Back Plan-20 Years: Money Back, Sum Assured, Premium, Other Details Here

LIC Money Back Plan-20 Years: Money Back, Sum Assured, Premium, Other Details Here

LIC Policy: The policy term for LIC Money Back Plan-20 Years is 20 years while the premium paying term is 15 years.

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Budget 2019: How To Claim Rs. 3.5 Lakh Income Tax Deduction Against Home Loans

Budget 2019: How To Claim Rs. 3.5 Lakh Income Tax Deduction Against Home Loans

If an assessee satisfies conditions of both Section 24 and Section 80EEA of Income Tax Act, he/she will be able to claim benefits under both sections.

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Are you waiting to fall ill to get health insurance cover? You might get rejected by the insurance company

Are you waiting to fall ill to get health insurance cover? You might get rejected by the insurance company

Various companies have disease-specific plans, such as those for cancer and diabetes. Critical illness plans offer cover even after the insured have been diagnosed with any of the listed critical illness.

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