Published in Cafemutual on 26th August, 2016 Agent attrition has been an ongoing issue in the life insurance industry. A recent data provided by Life Insurance Council (LIC) shows that around 27000 agents have left the distribution of life insurance policies. LIC is a trade body of the life insurance industry. Surprisingly, state owned LIC […]
Articles Tagged: term insurance plans
Financial instruments likely to cost more
Published in Mint on Mar 02 2015 Apart from mobile phone and restaurant bills, cost of financial products, too, will go up marginally due to the increase in effective service tax rate from 12.36% to 14%. The Finance Bill states: “In the new service tax rate the education cess and secondary and higher education cess […]