Demand to cut the GST rate comes at a time when the new business premiums of 24 life insurers have registered a 5% degrowth in October
"Why should insurance premium be taxed while all essential commodities are out of GST net?"
It will enunciate the rights and responsibilities of investors; not legally binding.
Private insurance company, Star Health and Allied Insurance, has agreed to insure unborn children
Corporate health cover should be seen as a tool to attract talent
Insurance, according to Rajeswari, raised risk awareness in addition to giving protection
If the insurer doesn't resolve the problem within the stipulated timeline, policyholders can turn to Irdai for instant help.
Mashak Rakshak policy, which was introduced by Irda, is a standard health insurance policy designed for vector-borne diseases.
Both term insurance and money-back life insurance policies are very popular but serve different purposes.
IRDAI's objective is to safeguard policyholders' interests while also advancing the industry as a whole.