"The government is considering an overarching, holistic insurance package for farmers," said Harini Kannan, head, agriculture, South-West Asia, Swiss Re.
They will offer services through own network of access points, business correspondents or networks provided by others.
SCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.
While an overwhelming majority of employees - 73% - in India expect their employers to offer life cover under group schemes, only 30% employers actually provide the facility, an Employee Benefits Trend study by PNB MetLife Insurance has found.
"Customers now have an assurance that once they are insured they will not go out of the net (due to the lifelong renewability clause)."
The debit card base in India grew by 40% last year, thanks mainly due to Jan Dhan Yojana enrollments, a study by WorldLine India found.
Everybody craves freedom from financial worries, but few are able to achieve this. Here are 5 things that will help you become financially free.
Financial institutions are warming up to the idea of funding offbeat courses, provided there is a likelihood of such studies leading to a job.
Income from investments in the name of your child would normally be clubbed with your income, but this is not so if the child is disabled.
Greece should set the alarm bells ringing for the individual borrower. If you haven't learnt already, start right now.
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