In life insurance ↝ Life insurance

10 Reasons Why You Need to Invest in Life Insurance - HDFC Life

Nobody ever knows how their life is going to pan out. You may win the lottery tomorrow or may get that job offer you've been dreaming about for years. You may choose to set up your own business or want to ensure that your children will never have to struggle to achieve any of their dreams. To help you meet all your financial goals you need to do one simple thing – invest in insurance. If you aren't sure whether life insurance is the perfect fit for you, here are just 10 reasons why investing in a good policy will help you with all your needs: 1. It helps you save on taxes If nothing else, you should purchase insurance simply because you can get tax deductions on the premiums you pay. 2...

Saudi Arabia Life Insurance: Key trends and Opportunities to 2023

NEW YORK, May 12, 2020 /PRNewswire/ -- Saudi Arabia Life Insurance: Key trends and Opportunities to 2023 'Saudi Arabia Life Insurance: Key Trends and Opportunities to 2023' report provides in-depth market analysis, information and insights into the Saudi Arabian life insurance segment. 'Saudi Arabia Life Insurance: Key Trends and Opportunities to 2023' report provides a detailed outlook by product category for the Saudi Arabian life insurance segment. It provides values for key performance indicators such as gross written premium, gross claims, penetration and incurred loss during the review period (2014-2018) and forecast period (2018-2023). The report gives a comprehensive overview of the...

Cash value surrender: Is it worth cashing in life insurance?,

What is cash surrender value? If you surrender your permanent policy, you can collect some of the cash value it’s accumulated over time — minus any surrender fees, charges and outstanding loans. This dollar figure is known as the cash surrender value. How is the cash surrender value calculated? The amount of money you’ll get comes down to how long you’ve owned the policy, and whether you’ve dipped into the cash value you’ve built. Usually, the longer you’ve had the policy, the more money you’ll receive. That’s because your cash value has had more opportunity to grow, and your insurer has made a substantial amount of money via the...

The Difference Between Term and Whole No Exam Life Insurance - 2020 Guide - Chart Attack

There are many different types of life insurance out there, so if you’re in the market for a policy you may have a hard time deciding which type to get. Term and whole life insurance are two of the most popular forms of traditional life insurance, and they are also the most popular forms of no exam life insurance, a category of life insurance that offers coverage with no medical exam. No medical exam life insurance offers quick and easy coverage, particularly for people with preexisting health conditions, who don’t have time to get to the doctor, or who need life insurance quickly. Today, we’re going to look into the difference between term and whole no exam life insurance as they are...

Max Life Insurance: Axis Bank To Acquire 29% Stake In Max Life From Max Financial Services Limited (MFSL)

Axis Bank is set to acquire 29 per cent stake in Max Life Insurance Company from Max Financial Services Limited (MFSL), the flagship listed company of Max Group, in order to strengthen its position in the life insurance industry. This stake purchase will take the bank's stake in the insurer to 30 per cent. Axis Bank expects the transaction to complete in six to nine months, subject to regulatory approvals. The transaction is subject to approvals from Reserve Bank of India, Insurance Regulatory and Development Authority of India, and Competition Commission of India. Mr. Amitabh Chaudhry, MD and CEO, Axis Bank, said, "We continue to believe in the long term prospects of India's under-...

Getting Life Insurance Without the Medical Exam, Finder Canada

A health exam is required for traditional life insurance policies, but traditional isn’t the only option on the market. Depending on your insurer, you may only have to answer a health questionnaire, or you could get coverage with no questions asked. But no-exam policies are expensive, and coverage is limited. What is no medical exam life insurance? No medical exam life insurance works the same way as a regular policy, but it usually lets you skip the process of getting a medical examination and instead assesses your health via a simple questionnaire. Other types of no medical policies don’t even require a questionnaire. Types of no medical exam life insurance There are a few types of life...

Manappuram Finance: SEBI disposes of insider trading charges against Kotak Mahindra Life Insurance - Firstpost

Manappuram Finance: SEBI disposes of insider trading charges against Kotak Mahindra Life Insurance New Delhi: Markets regulator SEBI on Tuesday disposed of insider trading charges against Kotak Mahindra Life Insurance Company in the matter of Manappuram Finance. It was alleged that Kotak Mahindra Life Insurance Company (earlier known as Kotak Mahindra Old Mutual Life Insurance) sold shares of Manappuram Finance Ltd (MFL) while in possession of unpublished price sensitive information (UPSI) about the company and thereby violated insider trading norms. SEBI, pursuant to investigation in the matter of selective disclosure of UPSI by MFL, observed that Kotak had sold its shares while allegedly...

SS C to Acquire Capita's Life Insurance and Pensions Servicing Business in Ireland

WINDSOR, Conn., April 21, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC ), today announced it has entered into an agreement to acquire Capita Life & Pensions Services ( Ireland ) Limited (CLPSI) and certain related business. The acquisition grows SS&C's presence in the international life insurance and pensions servicing market. CLPSI provides business process management, technology and consultancy services to the international life and pensions sector. With approximately 380 employees in Dublin, Belfast, and Craigforth, the business offers financial and back-office administration services, claims management, actuarial and financial reporting, investment...

Federal Bank to buy additional 4% stake in life insurance JV from IDBI Bank

Private lender Federal Bank will buy additional 4 per cent stake in IDBI Federal Life Insurance Co Ltd (IFLIC) from the IDBI Bank, increasing the total shareholding in the life insurance joint venture to 30 per cent. In a filing to exchanges, the Kochi-headquartered bank said its board has approved a proposal to purchase additional stake of up to 4 per cent in the equity capital of IDBI Federal Life Insurance from IDBI Bank. "The board of Federal Bank on 20 April 2020 has approved in principle to purchase additional stake of up to 4 per cent in the equity capital of IDBI Federal Life Insurance Co (IFLIC) from IDBI Bank," Federal Bank said in a filing to the Bombay Stock Exchange. The...

Halifax man who killed his wife will receive her full life insurance, The Post Millennial - News, Politics, Culture, and Lifestyle

A Halifax man who was found not criminally responsible for killing his wife in their Nova Scotia home will receive the entirety of her life insurance policy. In April 2017, Richard MacNeil (real name Richard Maidment) killed his wife Sarabeth Forbes, who had been married and had a child together. Maidment had been diagnosed with schizophrenia in 2012, which forced him to quit his job as a welder and collect long-term disability. In December 2017, Maidment was found not criminally responsible for killing Forbes on account of a “mental disorder.” Forbes’ mother had since been taking care of the couple’s son, and had applied to be to recipients of her life insurance. A Supreme Court of Nova...