Life Insurance

In life insurance products that include a savings or investment component, part of the premium is used to cover life risk. As this cost generally increases with age, the portion available for savings or investment may reduce over time.

Facing twin deficits, failing disinvestment targets and a ballooning fiscal shortfall, the Congress-led regime repeatedly forced LIC into buying PSU stocks.

In the past, Ravish Kumar had argued that insurance was becoming too costly for the common man, and that high GST was discouraging people from buying or renewing policies.

GST on 33 life-saving drugs and medicines has been brought down from 12% to zero, offering significant relief to patients who rely on these medicines.

Some reports have suggested that GoI has cancelled the insurance scheme for Health workers. In reality it was extended for one month and new plans will be announced soon.

The government plans to raise Rs 1.75 trillion with its ambitious disinvestment proposal

In Budget 2020 speech, FM announced that the govt has proposed to sell a part of its holdings in LIC

It's not the first time that the Islamic seminary has issued bizarre fatwas.

They are not happy with life insurance