There is a need to reduce the GST rate on insurance products, especially health and term insurance, which is 18 per cent at present, recommends the Standing Committee on Finance.
Lowering the Goods and Services Tax (GST) rate on health insurance products and incentivize more and more people to buy them are some of the key expectations of the insurance sector for the upcoming interim budget in 2024.
Mumbai (Maharashtra) [India], December 21: HDFC Life, one of India's leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have entered into a Corporate Agency tie-up enabling NKGSB Co-operative Bank customers to avail life insurance products of HDFC Life.
Chandigarh [India], December 19: Paul Merchants is a renowned NBFC based in Chandigarh that has conjoined with Bajaj Allianz General Insurance, one of India's leading private general insurers, to provide their customers with General insurance products. Now Paul Merchants along with Bajaj All
Mumbai (Maharashtra) [India], December 15: ICICI Prudential Life Insurance and Ujjivan Small Finance Bank (Ujjivan SFB), a leading small finance bank, have entered into a bancassurance partnership for the distribution of life insurance products.
New Delhi [India], October 26: Bajaj Allianz General Insurance, one of the leading private general insurers of India, announces the launch of its 'Sarvatra Bima' initiative. This pioneering initiative aims to bridge the insurance accessibility and service gap in tier 2 and tier 3 regions of
Mumbai (Maharashtra) [India], October 16: HDFC ERGO General Insurance Company, India's leading private sector general insurance company, has launched path-breaking suite of health insurance products and services to make health insurance Accessible, Affordable and Convenient. These health sol
Pune (Maharashtra) [India], September 30: Bajaj Markets, a subsidiary of Bajaj Finserv, is a leading destination of insurance products. One can find a wide range of insurance products on this platform. These policy plans can help the insured person and their loved ones stay financially secur
New Delhi [India], September 18: Alliance Insurance Brokers, one of India’s leading insurance service providers, risk managers, and reinsurance brokers, has joined hands with 25 plus companies so far in the renewable energy sector, to provide new age insurance products in the sector.
Pune (Maharashtra) [India], September 12: Bajaj Markets, a subsidiary of Bajaj Finserv, is home to multiple insurance policies from 15+ providers. Specifically, the health insurance products help people afford quality healthcare and medical services. Policies like these also act as a reminde
Pune (Maharashtra) [India], August 31: Bajaj Markets, a subsidiary of Bajaj Finserv, offers 200+ Pocket Insurance products that are extremely affordable. These plans are designed to provide great coverage to the policyholder. The Hospital Cash Cover is one such plan that ensures policyholder
Pune (Maharashtra) [India], August 30: Bajaj Markets, a subsidiary of Bajaj Finserv, is host to more than 200 Pocket Insurance products that start at a price of Rs 19 p.a. Users can find such products under the categories of health, lifestyle, assistance, and travel.