Health risks and uncertainty are unavoidable aspects of life. Most people's stressful lifestyles, increased pollution, and bad eating habits are some of the reasons why lifestyle-related illnesses are on the rise in India. At the same time, the available therapies for these health conditions, as well as other life-threatening disorders such as cancer, have grown more expensive.
In the lack of enough financial support, you may be forced to compromise on either the quality or frequency of therapy, wasting your money.
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We are already in the third year of the new coronavirus epidemic. And we experienced the worst of what Covid-19 may do during the second wave last year, in 2021. Thousands of people were killed, and many more were financially harmed. Many people had to rely on life insurance to assist them get through these extraordinary circumstances.
As part of their proposal for the upcoming Union Budget, which will be published in February, the life insurance sector has suggested that the government establish a separate bucket for tax rebates under section 80 (C) and make annuities tax-free for the benefit of subscribers.
According to Karthik Raman, CMO and Head – Products, Ageas Federal Life Insurance, the Rs 1,50,000 limit for tax refunds is a rather crowded bucket that does not leave much room for life insurance payments (to obtain the full advantage of tax exemption).
According to Karthik Raman, CMO and Head – Products, Ageas Federal Life Insurance, the Rs 1,50,000 limit for tax refunds is a rather crowded bucket that does not leave much room for life insurance payments (to obtain the full advantage of tax exemption).
The aftermath of the COVID-19 outbreak may have been the most epochal for the life insurance business since its privatisation two decades ago. Adversity has brought out the best in the life insurance industry and spawned a plethora of new ideas. For me, the previous two years have been a lesson in resilience, bravery, and the capacity to persevere in the face of adversity.
More and more people are travel insurance ; however, breaking news can unexpectedly alter travel plans. You might be prepared to book your next vacation
but it's wise to consider buying a comprehensive travel insurance policy to protect you from financial losses incurred by unexpected issues, both before and during your travels. We have assembled our list of six things you need to know about travel insurance. Let's get right to it.
but it's wise to consider buying a comprehensive travel insurance policy to protect you from financial losses incurred by unexpected issues, both before and during your travels. We have assembled our list of six things you need to know about travel insurance. Let's get right to it.
Because of the many advantages it provides during health and medical insurance, health insurance has become essential. Not only does it provide financial protection against medical expenditures, but it also qualifies for medical and health insurance deductions under Section 80D of the Income Tax Act of 1961.
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