Confused? Besides your age, here are a few factors that may have influenced this outcome.

Exide Life Insurance has witnessed 200% jump in term policy sales in April as compared to the previous month, as the need for insurance coverage increased in the wake of COVID-19 pandemic, a senior company official said. He however noted that there was a significant drop in sales of non-term policies.75621896 Given the current scenario, there is a lot more predisposition towards taking insurance, especially term insurance because people are a little bit scared about what could happen, Ashwin B, Chief Operating Officer, Exide Life Insurance Company said in an interaction. He said this has also created a space for the company to solicit policies to those customers who are willing to buy insurance during the lockdown currently. "People are becoming a little cautious of taking any long-term commitment,

In our latest interview series, we talk to brands to understand how they are coping with the new normal and their strategies towards navigating these difficult times.We speak to Aalok Bhan, Director & Chief Marketing Officer, Max Life Insurance about the impact of the lockdown on the brand, and the life insurance industry in general and all that they have been doing to minimize business impact and ensure business continuity.The recent Covid-19 lockdown has impacted different sectors in different ways. Hospitality, travel, retail and aviation are perhaps the most impacted. With the lockdown now extended by another 2 weeks, its still some time till we understand what things look like in the post-Covid world. At the same time, there are a few sectors like FMCG, Telecom, Healthcare and Life insurance

HDFC Life Insurance Company Ltd is quoting at Rs 519.65, up 5.08% on the day as on 12:54 IST on the NSE. The stock is up 26.88% in last one year as compared to a 17.57% slide in NIFTY and a 20.42% slide in the Nifty Financial Services index.

The Delhi Sikh Gurudwara Management Committee (DSGMC) on Saturday announced an insurance cover of Rs 2 lakh for its employees in the forefront of the coronavirus fight in case of death due to the disease. As the country battles the COVID-19 pandemic, the DSGMC has been providing free food to the lockdown-hit homeless people and shelter to health workers in its gurudwaras. It will now provide an insurance cover of Rs 2 lakh each to its 2,500 frontline workers who are providing free community meals, and sanitation and transport-related services across the national capital, its president Manjinder Singh Sirsa said. Staff members of the DSGMC-managed gurudwaras have been distributing food and relief material in JJ colonies, labour camps, shelter homes, etc., as a result of which there is a risk of them contracting the novel coronavirus, Sirsa said. The life insurance scheme will include sanitation staff, cooks preparing langar, religious preachers, security staff and other frontline ...

State-owned Punjab National Bank (PNB) will retain stake in two life insurance ventures as the lender has got permission from Insurance Regulatory and Development Authority of India (IRDAI).

Prabhudas Lilladher is bullish on SBI Life Insurance Company has recommended buy rating on the stock with a target price of Rs 880 in its research report dated May 06, 2020.

As per industry experts, life insurance in India is still seen as a product that comes into play only when something goes wrong with its primary focus on the mortality aspect.

LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features.

Online Resource

This popular guide provides critical insight into the many roles life insurance plays in Estate Planning. An essential reference for anyone involved in estate planning, this book will demonstrate how life insurance can assist your clients in securing lifetime financial success and establishing a strong legacy.

This handy reference includes:

• A comprehensive Estate Planning Fact Finder
• How to resolve and plan for estate liquidity needs
• The role of corporate-owned life insurance in estate and business planning
• Detailed strategies for funding buy/sell agreements
• Insurance needs and succession planning for owners of family businesses
• The use of life insurance in planning with trusts
• The role of life insurance in charitable giving

New for this edition:

• Discussion of new income tax rules for 10/8 policies and leveraged insured annuities
• Discussion and planning issues regarding recent CRA statements on corporate ownership and beneficiary designations
• Review of proposed new rules for exempt life insurance policies
• Expanded commentary regarding the transfer of insurance policies between corporations and shareholders
• Update on changes to dividend tax rates and the capital gains exemption
• Expanded commentary on post-mortem tax planning including “pipeline” planning
• Detailed new section on family shareholders agreements
• Review of new rules affecting retirement compensation arrangements
• Important new cases concerning shareholder disputes and dependant and spousal support claims
• Expanded case studies

Glenn Stephens LLB, was called to the Ontario Bar in 1982 and spent two years with a major accounting firm before joining the insurance industry as a tax and estate planning consultant. Glenn subsequently became a partner in a Toronto law firm before returning to the insurance industry in 1996 as a tax and estate planning consultant to a major Canadian insurance distributor. Glenn is a Director, Planning Services with PPI Advisory in Toronto, and provides tax and legal support to PPI Associates across Canada. He has been with PPI since 2004. Glenn has le

If you would like more details about this product, or would like to order a copy online, please click here.