Tata AIA Life Insurance has recently rolled out a new unit-linked product - Suraksha Kosh - that comes with certain in-built rider benefits.
Rating agency CRISIL has said that while the impact of the central government's slew of policy measures on investment climate and business confidence will be positive.
In line with the ongoing trend of launching term insurance plans with added benefits, Aegon Religare Life Insurance has recently launched a pure protection cover.
ICICI Lombard has launched a new health product, termed Complete Health Insurance, ostensibly to compete with the newer players.
Axis Bank has launched a new housing loan scheme that will waive off the last 12 EMIs for borrowers who have been diligently repaying their loan.
HDFC Life has recently announced the launch of a single premium ULIP targeted at those looking to create their post-retirement corpus.
Another government-owned lender - Central Bank of India - has announced a reduction of up to 2% in interest rates across retail loan categories.
ET explains the reasons for increase in premiums and suggests ways to tackle the surging healthcare inflation.
With a minimum sum assured of Rs 50 lakh, this pure protection policy falls in the 'high-end' term plan category.
The minimum sum assured under the policy is Rs 20 lakh & it comes with rider benefits like critical illness and hospital cash.
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