CNBC

4 reasons why you should review your insurance portfolio periodically

Insurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk and losses. Rising inflation, increasing medical costs, increase in lifestyle diseases, uncertainty in climatic conditions are good enough reasons for people to protect themselves with a strong financial cushion.

  • By CNBC
  • 2023-05-24
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How much health insurance should you buy and when — an age-wise breakup

Considering the uncertain times we live in, health insurance comes in handy — irrespective of your age. Often, people make the mistake of underestimating the importance of getting insured in their early years, thinking that it brings value only in the later stages of life. However, no matter what the age group, unforeseen circumstances may strike at any point.

  • By CNBC
  • 2023-04-11
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Now, revive your lapsed LIC policy with late fee concession till March 24 — Here's how

Life Insurance Corporation of India (LIC) has launched a campaign to revive old insurance policies that were closed before maturity. Under this, LIC policyholders who shut their policies for any reason can start them again. The campaign will run till March 24, 2023. The insurance behemoth is also offering concessions in late fees during this tenure.

  • By CNBC
  • 2023-02-13
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Explained: Tax benefits that can be claimed on your home loan

While easy access to loans help individuals realize their dream, buying a home is also encouraged by way of tax benefits. Understanding these benefits can be useful in our tax planning and must be included as one of the important factors to consider.

  • By CNBC
  • 2021-03-24
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Term plan vs endowment insurance plans: Which is more suitable for you and why?

The coverage amount or the sum assured is paid to the nominee in case of death of the insured during the policy tenure.

  • By CNBC
  • 2020-10-12
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Government may list LIC as a corporation to continue with its guarantee on policies

To list LIC as a corporation, the government will have to make amendments in the LIC Act. The government guarantee is the biggest differentiator for LIC, and something that has given the behemoth an edge over its private sector rivals

  • By CNBC
  • 2020-06-25
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Asian markets fall as coronavirus continues to spread

Asia Pacific markets are falling Friday as fears about the novel coronavirus continue to spur a global sell-off. Japan's Nikkei 225 (N225) fell more than 3% in early trading. South Korea's Kospi (KOSPI) and Australia's S&P/ASX 200 each lost more than 2%. Hong Kong's Hang Seng (HSI) dropped 2.7%, while China's Shanghai Composite (SHCOMP) slid 3.4%.

  • By CNBC
  • 2020-02-28
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Dow falls 1,191 points -- the most in history

US stocks again sold off sharply on Thursday as worries about coronavirus mounted. The S&P 500 posted its worst day since August 18, 2011, and the three main indexes fell into correction territory. Stocks are on track for their worst week since the financial crisis.

  • By CNBC
  • 2020-02-27
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LIC increases market share over 73% as private insurers lag

Life Insurance Corporation of India (LIC) has increased its share of the insurance market in the country by 7 percent this year and now corners 73.2 percent of the industry.

  • By CNBC
  • 2019-07-12
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