Tag: Insurance

Canara Bank offers Corona Kavach Policy
COVID-19, News

Canara Bank offers Corona Kavach Policy

July 31, 2020

Mysore/Mysuru: Due to the quick spread of highly-infectious Novel Coronavirus (COVID-19), panic-stricken people are feeling insecure and scrambling to take a health insurance cover.  The steep rise in Covid cases has resulted in the Insurance Regulatory and Development Authority (IRDAI) to compel insurers to offer short-term Covid-specific health plans that will cover hospitalisation expenses related…

Top 4 Reasons You Must Buy Term Insurance in Your 30s
News

Top 4 Reasons You Must Buy Term Insurance in Your 30s

February 5, 2019

Term insurance plans offer unmatched financial security to your family in case of any mishappening. Because, these plans are available at the most affordable premium rates, you get the optimal coverage on your life. This optimal coverage provides your family with the much needed financial security in case of your untimely demise. However, despite knowing the importance…

Can ULIP be a fruitful Investment in the Long run?
News

Can ULIP be a fruitful Investment in the Long run?

February 5, 2019

Unit-linked Insurance Plan, i.e. ULIP is a pioneering, hybrid investment-insurance product, which offers triple benefits of alluring investment opportunity, life insurance cover, and tax saving benefits to the investor. As per a report by the International Monetary Fund (IMF) of India, the country probably grows at 7.8 per cent of the GDP in the year…

Govt. urged to withdraw GST on Insurance
News

Govt. urged to withdraw GST on Insurance

October 29, 2017

Mysuru:  The 11th General Body Meeting of LIC Employees’ Union, Mysuru Division, was held in city recently. The meeting discussed about the present political and economic scenario of India as well as Karnataka. Opposing the GST on premium of Insurance policies which are of social security nature to the people covering risk of life and…

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