Feb. 25 KOLKATA, India This is a million dollar experience. Life insurance companies are making it big in the qualifying round of the Million Dollar Round Table (MDRT) the prestigious organisation of insurance agents across the globe who get recognised for achieving the highest sales targets. While the Indian behemoth, Life Insurance Corporation (LIC), has […]
Feb. 21 MUMBAI, India Life insurance can prevent ownership disputes from destroying a business in the event of the owner’s death. One of the largely-neglected uses of life insurance in India is the business life insurance segment, which is aimed at protecting an enterprise by treating it as an independent entity. Speaking to ET, Stephen […]
Life insurance plays a key role in most financial plans. Advisers rightly point out to clients that proceeds can provide financial support for loved ones left behind or provide liquidity to pay federal estate tax. Proceeds are not generally subject to income tax and pass free of estate tax if the insured does not own […]