Budget 2025: Hike in 80D deduction limit, insurance for all, tax relief – insurers list their wishes for FM

Budget 2025: Hike in 80D deduction limit, insurance for all, tax relief – insurers list their wishes for FM

Budget expectations: The upcoming Union Budget for 2025, scheduled to be announced on February 1, is anticipated to bring forth reforms to bolster the expansion and reach of the insurance industry in India. Given the sector’s upward trajectory in recent times, industry experts are optimistic about initiatives that could promote financial inclusivity and stability.  Insurers … Read more

Insurance query: I want to know whether smoking and drinking are major clauses in a term insurance or not

Insurance query: I want to know whether smoking and drinking are major clauses in a term insurance or not

My friend and I are in the process of considering term insurance, and a major point of concern for us is regarding smoking and drinking. Every broker has asked us whether we smoke or drink. One of us is a smoker who smokes almost daily, while the other person drinks occasionally on weekends or skips … Read more

Aditya Birla Sun Life Insurance’s Income Suraksha: 5 things to note before you decide to invest

Aditya Birla Sun Life Insurance’s Income Suraksha: 5 things to note before you decide to invest

Aditya Birla Sun Life Insurance (ABSLI) has introduced a novel income protection plan within its term insurance portfolio, known as Income Suraksha. In contrast to traditional term insurance policies that provide a one-time payout, ABSLI’s Income Suraksha stands out for its unique feature of monthly income disbursements that have the potential to accumulate in a … Read more