Money received in respect of ULIP policies issued after 1st February 2021, where the equity component has always been more than 65% in the fund, would be treated like equity oriented schemes/listed shares and taxed under Section 112A.
An informed health insurance policy can help individuals avail maximum benefits from the policy. One should be informed about the needs and requirements, as well as the reimbursement process as per the medical history and requirements of the family
The complainant can make a fresh complaint or escalate it to the Integrated Grievance Management System (IGMS) by visiting the website- igms.irda.gov.in, using an online complaint redressal portal of IRDAI
As per IRDAI guidelines, the insurance company should ideally address your concern within 15 days. However, if your grievance is not resolved within 15 days, or if you are not satisfied with the resolution, you can further escalate the issue to next level
For those who don’t know, a term plan is a type of life insurance cover, where the family of the policyholder gets financial protection upon his sudden death. Here are seven mistakes you should avoid while choosing a term insurance policy
The advantages of a family floater plan are it is cheaper than the individual policy plan especially when it comes to senior citizen's health plans. The entire sum assured can be used by anyone of the family members who fall sick