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    Money Control

    This Raksha Bandhan, give more than cash: Gift your sister financial wisdom and investments

    Gift your sister a term deposit, a SIP in mutual funds, enrol her for a financial planning workshop or book an appointment with a financial adviser to make a personalised investment plan.

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    Health insurance: How to choose the best plan

    A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a grim picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the world”, highlighting a worrying rise in cancer cases and other non-communicable diseases (NCDs).

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    Budget 2024: What’s cheaper and costlier? Here's the list

    The reduction in customs duties on gold and silver to 6% is expected to stimulate retail demand and help mitigate smuggling issues in the world's second-largest bullion consumer.

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    Budget 2024 Key Highlights: From capital gains, income tax changes to employment initiatives, here are the key takeaways

    Union Budget FY25: FM Nirmala Sitharaman presented the 2024-25 budget focusing on job creation and boosting consumption. Key highlights include capex at ₹11.11 lakh crore, tax rationalisation efforts, and schemes for employment, skilling, and women empowerment.

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    LIC Q4 net profit rises marginally to Rs 13,762 cr, asset quality healthy; announces Rs 6 interim dividend

    LIC Q4: Its gross non-performing asset (GNPA) stood at 2.01 percent against 2.56 percent in the year-ago period The insurer announced an interim dividend of Rs 6 per share.

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    LIC maintains lead in Indian insurance market, eyes rural expansion

    With an eye on expansion, the management outlined plans to penetrate Tier-2, Tier-3, and rural areas, and to fortify its position against private competitors

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    International Women's Day: Only 26% women are decision-makers when it comes to buying health insurance, finds Future Generali study

    International Women's Day: Compared to motor insurance, where over 50 percent women said they understood their policy benefits and clauses, only 32 percent were aware of their health insurance coverage details.

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    LIC launches Amritbaal, a traditional savings life insurance plan for children

    The product is targeted at parents who wish to create a long-term corpus to meet the higher education needs of their children.

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    LIC Q3 results: Net profit jumps 49% YoY to Rs 9,441 crore

    The insurer’s net premium income grew 4.67 percent to Rs 1.17 lakh crore in the quarter under review, from Rs 1.11 lakh crore in the year-ago period

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    This Dussehra, use this method to boost your health insurance

    While financial planners plan for retirement, education, marriage, home purchase, travel, etc., they generally miss out on one of the most important life goals – the physical survival goal. Here is how it can be remedied.

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    GST refund on premiums makes term insurance more attractive for NRIs

    The 18 percent refund should sweeten the deal for expat Indians seeking to secure their families back home.

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    How to choose the right health insurance plan for your needs

    [Partnered] The right health insurance plan should be chosen after giving considerable thought to your needs, finances, and accessible possibilities. It's an investment in your health and financial stability that gives you peace of mind by ensuring that you and your loved ones are covered in the event of an emergency medical situation.

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    Buying health insurance? Six factors individuals with pre-existing conditions should be aware of while purchasing a plan

    Health Insurance: Healthcare costs are skyrocketing significantly. And, this is when health insurance comes in handy. The financial security of an individual is protected by having health insurance. With the ever-rising instances of diseases, health insurance today is a necessity.

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    How Much Health Insurance should a fresher get?

    It is wise to purchase a personal health insurance policy even if you have one through your employer

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    Section 80D: Ensure you claim all tax benefits on health insurance premiums while filing I-T returns

    Section 80D offers tax breaks on health insurance premium paid for self, spouse, children and parents. You can avail of tax breaks at the time of filing returns, even if you have missed out on claiming these while submitting tax-saver investment proofs to your employer

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    LIC Q4 profit surges nearly 6-fold to Rs 13,428 crore; dividend declared

    LIC earned net commission of Rs 8,428.5 crore for the last quarter of FY23, growing 5.4 percent over the year-ago period, and showing a massive 33.4 percent increase compared to previous quarter.

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    World Health Day 2023: 3 things you must check before buying health insurance

    World Health Day 2023: Innovations in health insurance have led to the inclusion of day-care and OPD expenses, and even the cost of preventive health checkups, in certain policies for a reasonably priced premium.

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    LIC Q3 result: Life insurer's net profit surges multi-fold to Rs 6,334 crore

    LIC Q3 result: The life insurance behemoth’s net premium income grew by 14.5 percent to Rs 1.11 lakh crore for the December quarter from Rs 97,620 crore a year ago

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    What's OPD? What about 30-day waiting period? Health insurance nuances still vague to most policyholders

    A survey by ICICI Lombard showed that about 48 percent of policyholders were unaware of the features of their own health insurance policies, like out-patient cover, pre-post hospitalisation and so on.

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    Looking to buy a term insurance policy? Calculate your Human Life Value (HLV) first

    Buying a term life insurance policy is the decision of a lifetime. So, it’s important that the amount arrived at is correct. Human life value (HLV) is one of the methods of computing the right cover amount.

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    Why you should buy health insurance now, and not wait till retirement

    Buying health insurance when you are comparatively younger and healthier will supplement your employer-provided cover for any higher hospitalisation bills and there will be no hassles in terms of renewability. If you want to buy insurance at an advanced age and have some new health issues, insurers may not even be willing to cover you.

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    Three reasons why you must consider buying term insurance, even if you are single

    A term life policy is as valuable for singles as for those married and with children. It will cover your liabilities, and ensure your dependents have financial protection in your absence.

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    How to insure against hassles at the time of health claim settlement

    Settling claims has never been an easy process, for insurers or for consumers. However, the process can be made simpler if consumers go in for digitally enabled insurance advisors who will help consumers choose the best policy as per their needs

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    Should you revive your old term insurance policy or buy a new one?

    The best option is always to ensure that your policy remains active and the premiums are paid on time. If, for some reason, your policy lapses, get yourself covered again as soon as possible.

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    Supplement your corporate health plan with personal insurance policy

    In view of the rising incidence of health issues, increased cost of hospitalisation, employees should have a second line of coverage.

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    How to maximise your chances of securing an insurance claim

    The most important document that is referred to at the time of the making a claim is the proposal form that is filled out when applying for the insurance policy

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    Four advantages of opting for a multi-year health insurance plan

    If you don’t want the hassle of renewing your policy each year and can afford the higher one-time premium outgo, opting for a multi-year health insurance plan could work to your advantage.

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