PREMIUM PAYMENTS

Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entr...

If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.

Amazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company invested Rs 950 crore in the platform and Amazon Seller Services, facing challenges due to RBI actions. With tie-...

​​The GST Council also recommended clarifications on taxability of reimbursements of securities or shares as employee stock option plans given by a company to its workers. Officials said exemptions would be conditional and notified later. Coinsuranc...

RBI mandates credit card bill payments through BBPS, but only 8 of 34 banks are live on the network, causing concern among payment companies like PCI for an extension.

RBI uses forex tools to inject cash into banking system ahead of large outflows due to advance tax payments, keeping borrowing costs low and increasing reserves without impacting inflation-fighting stance.

The regulator issued a master circular, which mandates insurers to pay special surrender value (SSVs) after the first policy year, provided one full year's premium has been received.

Air India: A international AI flight from Delhi to Toronto return was booked by a retired Admiral. However for the entire journey of more than 14 hours the airline could not offer a working seat. This is despite the Admiral paying a premium for busi...

Regulator mandates 'pay as you drive' option in motor insurance. Customers to benefit from tailored products and roadside assistance services. Insurers bear salvage disposal burden, offer flexible 'fire' policy options.

Raheja Developers launches Surakshit Nivesh Yojna (PDPMY Phase-2) at Delhi Mall Complex, offering investment opportunities with shop sizes from 40-150 Sq. Ft. and special benefits for senior citizens and women.

The fund is collected by premiums received from insured banks, interest income from investments, and cash recoveries from failed banks. The deposit insurance limit in India is set at ₹5 lakh per depositor per bank.

In terms of cashless claims, the regulator wants insurers to decide on authorisation requests within one hour of receipt. It has directed insurance companies to put in place necessary systems and procedures to meet the new guidelines by July 31, 202...

Tide’s Bill Payments are expected to help small businesses pay for a range of utilities such as electricity, gas, postpaid mobile and broadband bills.

Orthodox tea exports are thriving, with Iran's controlled payments and Indian ambassador Rudra Gaurav Shresth's support aiding trade. Mohit Agarwal of Asian Tea anticipates a 10% increase in overall exports, citing a rise in exports to Russia.

Happy Monday! UPI's ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in today’s ETtech Morning Dispatch.

Rising childbirth costs in India drive a surge in demand for maternity insurance, growing at 80% annually. PolicyBazaar data reveals 78% of policies are bought by men. Insurers see these policies as customer magnets despite expected claims. Factors ...

Evaluate your coverage needs based on the type of vehicle and its usage. Determine whether you require basic third-party liability coverage or comprehensive coverage that includes protection against own damage, theft and natural calamities.

HDFC ERGO's Paws n Claws offers end-to-end pet care, encompassing everything from diagnostics to procedures and medications, guaranteeing thorough coverage. The cover extends the flexibility to insure up to 5 pets under a single policy, with a provi...

Finance Minister Nirmala Sitharaman highlighted the benefits of the Atal Pension Yojana (APY), calling it an affordable scheme with a guaranteed pension amount. The scheme has provided a competitive 9.1% return since its inception, she noted. Sithar...