GST on life insurance premiums

Since the implementation of the GST (Goods and Services Tax) in India on July 1st, 2017, it has drastically affected the taxation and economic services industry. It became a subject of extensive conversation overnight because it affected almost all sectors, including life insurance premiums, with its associated rules. The GST, which is an all-inclusive multi-stage,… Continue reading GST on life insurance premiums

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Is suicide covered under life insurance in India?

Life insurance is a crucial financial safety net that provides for one’s family in the unfortunate event of the policyholder’s death.However, one of the most sensitive and often misunderstood aspects of life insurance is whether it covers death by suicide. This article aims to clarify this complex issue in the context of life insurance policies… Continue reading Is suicide covered under life insurance in India?