Government approves 100% FDI in insurance sector: Paves the way for foreign investment through automatic route; The limit in LIC will remain only 20%

Government approves 100% FDI in insurance sector: Paves the way for foreign investment through automatic route; The limit in LIC will remain only 20%

The Central Government on Saturday (May 2) has approved 100% Foreign Direct Investment i.e. FDI in the insurance sector. Now foreign investors will be able to take full stake in Indian insurance companies through the automatic route, although the investment limit for LIC has been retained at 20% only. What are the conditions for insurance…

Read More
You can also sell life insurance if needed: You can get more money by selling the policy than surrendering it, but it is better to take a loan.

You can also sell life insurance if needed: You can get more money by selling the policy than surrendering it, but it is better to take a loan.

Director of Riya Insurance Brokers S. Of. sethi31 minutes ago copy link These days, the trend of selling insurance policies to a third party or bank is increasing. In such a situation, a big question arises whether it is better to surrender life insurance in case of financial crisis or sell your policy to a…

Read More