Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd. ("Axis Max Life"/ "Company"), has launched the ...

Powerful mix of both trader and investor packs with timely expert advice. Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of ...

Lemonade and Pumpkin are both relatively new to the pet insurance landscape. Both companies prioritize extensive plan customizability and diverse selections of elective wellness add-ons to help ...

The Union Budget for 2025-26 has proposed a major tax arbitrage for unit-linked insurance ... term gains at 20%. What if resident Indians buy a dollar-denominated ULIP or an endowment plan from ...

In Budget 2025, the government clarified that returns from Unit Linked Insurance Plans (ULIPs) not exempt under ... Section 10(10D) incentivises long-term savings by exempting life insurance ...

ULIPs, or Unit Linked Insurance Plans, are a type of insurance policy that combines investment and insurance in a single product. They are a great way to save for your long-term financial goals, such ...

issued by insurance intermediary office located in IFSC, shall be exempted without any condition on premium amount (i.e. Rs 2,50,000 for ULIPs and Rs 5,00,000 for other policies). However, the premium ...

b) The amount of premium or aggregate amount of premium payable during the term of such policy or ... “Currently unit linked insurance plans (ULIPs) issued on or after Feb 1, 2021, with an ...

Because it's only active for a set period and doesn't earn cash value, term life is generally the cheapest type of life insurance. A whole life insurance plan, for example, can cost more than ten ...

Specifically those ULIP's that don't fall or qualify for the exemptions provided under Section Section 10(10D) of the Income Tax Act. A Unit Linked Insurance Plan ... the long-term future of ...

Budget 2025 provided much-needed clarity around taxation of redemption or maturity proceeds of unit-linked insurance ... than ULIP),” the income tax (I-T) department’s FAQs say. Long-term ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...