insurance news – Dnyan pravah news

What is Free Look Period? FM Sitharaman urges insurance companies to hike time to one year

adminFebruary 17, 202503 mins

[ad_1] Union Finance Minister Nirmala Sitharaman has asked the insurance companies to increase the free look period to one year, compared to its current level of one month, according to a CNBC-TV18 report on Monday, February 17. According to the report, Nirmala Sitharaman also said that the committee has finished the internal consultation process on…

GST on health and life insurance: How much do tax rates impact your premiums? check here

adminAugust 9, 202406 mins

[ad_1] Several political leaders are demanding the withdrawal of the Goods and Services Tax (GST) imposed on life and health insurance policies. Ministers and politicians such as Congress leader Rahul Gandhi, West Bengal Chief Minister Mamata Banerjee, and Union Minister Nitin Gadkari, have voiced their concerns over high GST rates on insurance as it is a major…