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Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

What Are Equity Mutual Funds? Meaning, Types and Benefits
27 Mar '26
74 Views
9 minute read
Learn what equity mutual funds are, how they work, their types and benefits to help you make informed investment decisions.
Read More
Investment
Personal Finance Profit and Loss Statement: How to Create One?
25 Mar '26
75 Views
7 minute read
Understand how to prepare a personal profit and loss statement to track income, expenses and improve financial planning effectively.
Read More
Personal Finance
What is Basic Premium in Life Insurance and How Does It Work?
25 Mar '26
101 Views
6 minute read
Learn what basic premium in life insurance means, how it is calculated, and why it matters when choosing the right life insurance policy.
Read More
Life Insurance
What is Net Premium in Insurance and Why is It Important?
25 Mar '26
108 Views
7 minute read
Learn what net premium in insurance means, how it is calculated, and why it plays a key role in determining policy costs.
Read More
Life Insurance
How to Manage Your Salary Smartly on Payday? Budgeting Tips
25 Mar '26
96 Views
7 minute read
Learn smart salary saving and monthly budgeting tips to manage your income on payday. Build savings, control expenses, and improve financial stability.
Read More
Personal Finance
How LTCG Tax Impacts ULIP Investments and Returns?
25 Mar '26
69 Views
7 minute read
Learn how LTCG tax affects ULIP investments, including taxation rules, returns impact and key considerations for long-term financial planning.
Read More
Ulip
What Is an Employee Salary Slip? Format, Components & Tax Benefits
19 Mar '26
4085 Views
13 minute read
Learn what a salary slip is, why it matters, and how it impacts your tax-saving strategies. Includes downloadable format and latest rules.
Read More
Tax Saving
What is TDS and TCS? Difference Between TDS and TCS
18 Mar '26
8056 Views
9 minute read
Understand the key differences between TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) for smarter tax savings. Explore the Canara HSBC Life Insurance blog for insights.
Read More
Tax Saving
Who is an Insurance Agent? Role & Responsibilities Explained
18 Mar '26
102 Views
8 minute read
Learn who an insurance agent is, the role of an insurance agent, and how they help you choose the right insurance coverage and manage policies effectively.
Read More
Life Insurance
What is an Appointee in Life Insurance? Role & Meaning Explained
18 Mar '26
101 Views
8 minute read
Learn what an appointee in life insurance is, their role, and how they differ from an insurance nominee in managing policy claims for minor beneficiaries.
Read More
Life Insurance
What is Adverse Selection in Insurance? Meaning & Impact Explained
18 Mar '26
99 Views
6 minute read
Understand adverse selection in insurance, its impact on premiums, and how insurance risk assessment helps insurers manage high-risk policyholders effectively.
Read More
Life Insurance
What is an E-Term Insurance Plan? Benefits & Features Explained
18 Mar '26
95 Views
7 minute read
Learn what an e-term insurance plan is, how it works, and its benefits. Understand term insurance plans, features, and tips to choose the right cover.
Read More
Term Insurance
How to Withdraw from Your Retirement Plan Before Maturity?
13 Mar '26
503 Views
5 minute read
Thinking of early withdrawals from your retirement plan? Learn when it is allowed and how to avoid costly mistakes with smart planning.
Read More
Retirement Plan
Senior Citizen Card: How to Apply for it Online?
12 Mar '26
13612 Views
10 minute read
Learn the step-by-step process to apply for a Senior Citizen Card in India. Discover eligibility criteria, required documents, and benefits that come with the card for senior citizens.
Read More
Retirement Plan
No Smoking Day: How Smoking Affects Life Insurance and Financial Security?
11 Mar '26
323 Views
8 minute read
On No Smoking Day, learn how smoking impacts life insurance premiums, policy eligibility and long-term financial security for you and your family.
Read More
Life Insurance
Why Life Insurance for Women Is Crucial This International Women’s Day?
07 Mar '26
125 Views
7 minute read
On International Women’s Day 2026, understand why life insurance for women is essential to secure financial independence, protect families, and plan for long-term stability.
Read More
Life Insurance
What Is Tax Liability? Meaning, Calculation & Examples
05 Mar '26
1994 Views
7 minute read
Tax liability is the total tax payable after deductions and exemptions. Learn its meaning, how to calculate tax liability and how it affects ITR filing in India with examples for individuals.
Read More
Tax Saving
What is the Principle of Contribution in Insurance?
05 Mar '26
1711 Views
7 minute read
Understand the principle of contribution in life insurance and how it applies to your policy. Explore insights from Canara HSBC Life Insurance to safeguard your financial future.
Read More
Life Insurance
Pradhan Mantri Jan Dhan Yojana: Eligibility & Benefits Explained
04 Mar '26
3853 Views
9 minute read
Pradhan Mantri Jan Dhan Yojana ensures financial inclusion by providing access to banking, insurance, pension, and credit for Indian citizens. Learn more!
Read More
Saving Plan
12 Best Saving Plans & Schemes in India with High Returns
04 Mar '26
895 Views
7 minute read
Know about the best saving plans in India such as NSC, SCSS, RD, MIS, PPF, KVP, SSY, Atal Pension Yojana and more. Read this blog and choose the best savings scheme for yourself.
Read More
Saving Plan
Types of ITR: Learn Which ITR Should You File in 2026
03 Mar '26
1256 Views
10 minute read
Learn the changes in the income tax return rules for FY 2024-25. Understand the alterations and determine the appropriate ITR form for filing your tax return this year.
Read More
Tax Saving
What Does Sum Assured Mean in ULIP Plans?
02 Mar '26
2001 Views
7 minute read
Planning to buy a ULIP but worried over the sum assured? Here is what exactly the term means and how you can calculate it.
Read More
Ulip
Why Should You Not Exit ULIPs After the Lock‑in Period Ends?
02 Mar '26
903 Views
6 minute read
A host of financial products are available in the market catering to people with different financial goals and return expectations. People looking to financially secure
Read More
Ulip
ULIP Investment Plans for Women and Single Mothers
02 Mar '26
1085 Views
5 minute read
ULIP instruments offered by Canara HSBC Life Insurance, are the best instrument for women and especially single mothers who want to help their children achieve their long-term dreams.
Read More
Ulip
Budgeting for Short & Long-Term Financial Goals
01 Mar '26
2898 Views
11 minute read
Struggling to balance short & long-term financial goals? Get expert budgeting tips & strategies to help you plan smarter & achieve your goals in India.
Read More
Term Insurance
How Much Should You Save Every Month for a Secured Future?
01 Mar '26
1661 Views
9 minute read
Not sure how much to save every month? Find out the ideal monthly savings amount, smart saving tips & how a term plan helps secure your future in India.
Read More
Term Insurance
Why Legacy Planning for Future Generations Matters Now?
28 Feb '26
1032 Views
6 minute read
Want to secure your family's future for generations? Find out why legacy planning matters & how a term plan helps you build a lasting financial legacy.
Read More
Term Insurance
Does Term Life Insurance Cover Disability? Know the Facts
28 Feb '26
938 Views
10 minute read
Wondering if term life insurance covers disability? Get a complete breakdown of disability coverage, riders & options available under term plans today.
Read More
Term Insurance
How a Term Plan Secures Your Family's Financial Future?
28 Feb '26
986 Views
8 minute read
Worried about your family's financial future? Find out how a term plan provides the right coverage & ensures your family stays protected no matter what.
Read More
Term Insurance
6 Best One Time Investment Plans in India
28 Feb '26
1215 Views
12 minute read
One-time Investment Plan - Check the best one-time investment plans to achieve your financial goals in 2026.
Read More
Ulip
How a Good Term Life Insurance Gives You Financial Freedom?
28 Feb '26
2520 Views
7 minute read
Did you know the right term life insurance can set you free financially? Find out how a good term plan gives you confidence, freedom & lasting security.
Read More
Term Insurance
5 Reasons Your Life Insurance Application May Be Rejected
27 Feb '26
2610 Views
7 minute read
Learn the top 5 reasons why a life insurance application may be declined, including medical history, incorrect details, financial risks, and underwriting concerns.
Read More
Life Insurance
Key Features and Benefits of Life Insurance in India
27 Feb '26
1416 Views
13 minute read
Understand the key features and benefits of life insurance in India, including financial protection, tax advantages, savings options, and long-term security.
Read More
Life Insurance
Do You Need Term Insurance Even If You Are Healthy?
27 Feb '26
987 Views
5 minute read
Think you don't need term insurance because you're healthy? Find out why being healthy is actually the best time to buy a term plan & secure your future.
Read More
Term Insurance
Gift Your Partner Financial Security with a Term Plan
27 Feb '26
891 Views
6 minute read
Looking for a meaningful gift for your partner? Find out how gifting a term plan can secure your partner's future & give you both lasting peace of mind.
Read More
Term Insurance
Do You Need a Whole Life Plan or Is Term Life Cover Enough?
27 Feb '26
887 Views
5 minute read
Not sure whether whole life or term life cover is right for you? Get a complete comparison of both & find out which plan best suits your financial goals.
Read More
Term Insurance
Can Senior Citizens Get Term Insurance Online?
27 Feb '26
1087 Views
5 minute read
Wondering if senior citizens can get term insurance online? Find out the eligibility criteria, age limits & best term plans available for seniors today.
Read More
Term Insurance
How Life Insurance Protects Families Facing Rare Health Conditions?
27 Feb '26
24 Views
8 minute read
Learn how life insurance helps families facing rare health conditions maintain financial stability through income protection and long-term planning support.
Read More
Life Insurance
Life Insurance Payout Process: How It Works in India?
26 Feb '26
897 Views
5 minute read
Understand how life insurance payouts work in India, including claim settlement process, payout options, timelines, and nominee payment methods.
Read More
Life Insurance
What is Health Insurance and How Can It Help You?
26 Feb '26
887 Views
8 minute read
A health insurance plan provides coverage against medical and surgical expenses incurred due to accidents, illness or any injury during a specified tenure.
Read More
Health Plan
Which Medical Insurance Plan is Perfect for You?
26 Feb '26
951 Views
7 minute read
Find the perfect medical insurance plan tailored to your needs. Compare policies, benefits, and coverage options to make the right choice.
Read More
Health Plan
EPF Guide: Meaning, Contribution Rules, Interest Rate & Withdrawal
26 Feb '26
1534 Views
7 minute read
Learn everything about Employees’ Provident Fund including EPF schemes, interest rates, benefits and features to start saving for a secured future.
Read More
Saving Plan
How a Term Plan Protects You Against Financial Liabilities?
26 Feb '26
989 Views
6 minute read
Worried about outstanding loans & liabilities? Find out how a term plan protects your family against financial liabilities & ensures their security today.
Read More
Term Insurance
Can a Term Plan Replace Your Income for Your Family?
26 Feb '26
882 Views
6 minute read
Worried about your family's finances in your absence? Find out how a term plan can effectively replace your income & keep your family financially secure.
Read More
Term Insurance
Extending Term Insurance Tenure - Is It Possible & How?
26 Feb '26
2979 Views
10 minute read
Wondering if you can extend your term insurance tenure? Find out if it is possible, how it works & what options are available to extend your coverage.
Read More
Term Insurance
Term Insurance vs Whole Life Insurance - Key Differences
26 Feb '26
991 Views
5 minute read
Not sure whether to choose term or whole life insurance? Get a complete breakdown of key differences, benefits & which plan suits your needs in India.
Read More
Term Insurance
5 Crore Term Plan - Cost, Premium & What You Need to Know?
26 Feb '26
3887 Views
7 minute read
Thinking of buying a 5 crore term plan? Find out how much it costs, what factors affect the premium & why a 5 crore cover is worth investing in India.
Read More
Term Insurance
Term Plan vs Health Insurance - Key Differences Explained
26 Feb '26
1890 Views
6 minute read
Confused between a term plan & health insurance? Get a complete breakdown of their key differences, coverage & benefits to make the right choice today.
Read More
Term Insurance
3 Benefits of Buying Health Insurance Plan for Senior Citizens
26 Feb '26
888 Views
8 minute read
Buying the best health insurance plan has multiple benefits. It offers a financial shield when your income slumps. Learn the 3 benefits of buying health insurance plans for senior citizens to buy the best health plan online.
Read More
Health Plan
Does Term Life Insurance Premium Increase with Age?
25 Feb '26
1150 Views
7 minute read
Did you know your age directly impacts your term insurance premium? Find out how term life insurance premiums change with age & why buying early saves more.
Read More
Term Insurance
How Long Should be the Term of Your ULIP Plan in India?
25 Feb '26
938 Views
6 minute read
Determine the ideal term for your ULIP plan to maximize returns, achieve financial goals, and enjoy tax-saving benefits.
Read More
Ulip
iSelect Smart360 Term Plan - More Affordable Than You Think
25 Feb '26
4400 Views
6 minute read
Think term insurance is expensive? Find out 7 everyday things that cost more than the iSelect Smart360 Term Plan & why it is the smartest buy in India.
Read More
Term Insurance
10 Key Benefits of Term Life Insurance You Must Know
25 Feb '26
885 Views
5 minute read
Looking for the right life cover? Find out 10 powerful ways term life insurance can benefit you & help secure your family's financial future in India.
Read More
Term Plan
Best Term Insurance Plan for Senior Citizens - 6 Key Tips
25 Feb '26
841 Views
6 minute read
Looking for term insurance for a senior citizen? Find out 6 expert tips to help you choose the best term insurance plan for your loved ones in India.
Read More
Term Plan
Section 195 of Income Tax Act - TDS for NRIs Explained
25 Feb '26
1067 Views
7 minute read
Learn all about Section 195 of the Income Tax Act, its applicability on NRI payments, TDS rates & how it impacts non-resident Indians earning in India.
Read More
Tax Saving
Consequences of Missing a Term Insurance Premium Payment
25 Feb '26
1319 Views
5 minute read
Missed your term insurance premium payment? Find out the consequences, grace period rules & steps to reinstate your policy before it lapses in India.
Read More
Term Insurance
Is Term Insurance Claim Guaranteed? Key Claim Approval Factors
25 Feb '26
60 Views
7 minute read
Learn whether term insurance claims are guaranteed, common reasons for rejection, and best practices policyholders should follow to ensure smooth claim settlement.
Read More
Term Insurance
FATCA Declaration: Meaning, Eligibility & Filing Guide
25 Feb '26
67 Views
6 minute read
Understand FATCA declaration requirements, who must submit it, reporting rules for foreign financial assets, and why compliance is important for Indian taxpayers.
Read More
Tax Saving
Pension Plan Payout Options: Choosing the Right Retirement Income
25 Feb '26
73 Views
6 minute read
Explore different pension payout options such as annuity types, lump sum withdrawals, and income streams to select the best retirement income strategy for your needs.
Read More
Retirement Plan
Concentration vs Diversification: Which Investment Strategy Wins?
25 Feb '26
30 Views
5 minute read
Compare concentrated and diversified investment strategies, understand risk-return trade-offs, and learn how to choose the right allocation approach for long-term goals.
Read More
Investment
Insurance for All by 2047: India’s Financial Protection Vision
25 Feb '26
33 Views
7 minute read
Understand India’s Insurance for All 2047 initiative, its objectives, expected benefits, and how expanding insurance penetration can strengthen financial security nationwide.
Read More
Personal Finance
Retirement Age in India: Current Rules & Planning Insights
25 Feb '26
70 Views
6 minute read
Learn about the official retirement age across sectors in India, early retirement considerations, and how retirement timing impacts long-term financial planning goals.
Read More
Retirement Plan
Income Tax Rates in India: Latest Slabs & Comparison Guide
25 Feb '26
78 Views
6 minute read
Explore current income tax rates under old and new regimes, slab-wise comparisons, and practical tips to select the most suitable tax regime for your income profile.
Read More
Tax Saving
What is SIP - SIP Meaning, Types, How Does SIP Work?
24 Feb '26
1098 Views
7 minute read
SIP - Systematic Investment Plan is the best way to invest in mutual funds. Learn more about SIP Investment, its meaning, benefits, and how to find the best SIP plans.
Read More
Financial Planning
Latest TDS Rate Chart FY 2025-26 - Section-Wise Breakdown
24 Feb '26
1223 Views
7 minute read
Looking for the latest TDS rates? Check the complete TDS rate chart for FY 2025-26 (AY 2026-27) covering all sections, thresholds & applicable rates.
Read More
Tax Saving
Form 10E of Income Tax: Claim Tax Relief on Arrears
24 Feb '26
1443 Views
7 minute read
Learn what Form 10E is, who should file it, and how to claim tax relief on salary arrears or advance salary us 89(1) while filing your income tax return.
Read More
Tax Saving
3 Key Benefits Your Term Insurance Plan Must Have
24 Feb '26
914 Views
6 minute read
Not all term insurance plans are created equal. Find out 3 must-have benefits your term insurance plan should offer to give you the best protection today.
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Term Insurance
Key Factors to Check Before Buying a Low Premium Term Plan
24 Feb '26
5887 Views
12 minute read
Looking for a low premium term plan? Find out the key factors you must consider before choosing one to ensure the best coverage & value for your money.
Read More
Term Insurance
Presumptive Income Tax Filing - A Complete Guide
24 Feb '26
4245 Views
10 minute read
Learn all about presumptive income tax filing, its eligibility, key benefits & how it simplifies tax compliance for businesses & individuals in India.
Read More
Tax Saving
Are You Overpaying Tax as a Salaried Individual? Find Out
24 Feb '26
1535 Views
7 minute read
Did you know salaried individuals often overpay tax without realising it? Discover common reasons & smart tips to avoid overpaying taxes in India.
Read More
Tax Saving
Old vs New Tax Regime - Which One is Right for You in 2026?
24 Feb '26
794 Views
6 minute read
Confused between old & new tax regime in 2026? Get a complete comparison of both regimes, key differences & find out which one suits your income best.
Read More
Tax Saving
Group vs Individual Life Insurance Policy: Which Is Better?
24 Feb '26
673 Views
6 minute read
Understand how group and individual life insurance differ in terms of cost, coverage, and control. Perfect for professionals, families, and anyone planning for the future.
Read More
Group Insurance
Family Health Insurance Plans: Meaning, Benefits & Comparison
24 Feb '26
3747 Views
10 minute read
Secure your family’s health with the right insurance. Compare benefits, coverage & features to choose the best health policy.
Read More
Health Plan
Retirement Planning for Couples with Unequal Income Levels
24 Feb '26
55 Views
6 minute read
Learn how couples with unequal income streams can plan retirement effectively through joint investments, income pooling, and optimized retirement corpus strategies.
Read More
Retirement Plan
7 Percent Rule for Retirement in India: How It Works?
24 Feb '26
82 Views
7 minute read
Understand the 7 percent retirement rule, how it estimates required retirement savings, and how Indian investors can apply this approach for stress-free retirement planning.
Read More
Retirement Plan
Funding a Master’s Degree Abroad: Investment Planning Guide
24 Feb '26
66 Views
7 minute read
Discover investment planning approaches, education funding options, and saving strategies to finance your master’s degree abroad without disrupting long-term goals.
Read More
Investment
Child Education vs Retirement Planning: Which Should Come First?
24 Feb '26
67 Views
7 minute read
Understand how to balance child education funding and retirement planning effectively using goal prioritization, investment allocation, and long-term financial strategies.
Read More
Personal Finance
Investment Planning for Buying Your Dream Home
24 Feb '26
64 Views
7 minute read
Explore investment strategies, savings timelines, and financial planning techniques that help you build a strong corpus for purchasing your dream home confidently.
Read More
Investment
How to Save for Solo Travel? Smart Financial Planning Tips
24 Feb '26
62 Views
8 minute read
Learn practical saving strategies, budgeting methods, and investment options that can help you build a travel fund efficiently for your first solo international trip.
Read More
Personal Finance
What is a Deferred Pension? Meaning and It's Types
23 Feb '26
750 Views
7 minute read
Deferred Pension means you get the pension fund that you have accumulated a little later. You have the option to delay the accessibility to your pension pot.
Read More
Retirement Plan
Top 5 Features of Online Term Insurance Plans in India
23 Feb '26
982 Views
5 minute read
Thinking of buying term insurance online? Find out the top 5 features of online term insurance plans & why they are a smart choice for your family.
Read More
Term Insurance
Why Buy a Term Plan Before 30? 5 Reasons You Cannot Ignore
23 Feb '26
788 Views
5 minute read
Still in your 20s? Find out why buying a term plan before you turn 30 is one of the smartest financial decisions you can make for your family's future.
Read More
Term Insurance
Short Term Capital Gains Tax & Calculation | STCG Tax India
23 Feb '26
10714 Views
11 minute read
Understand short term capital gains tax in India. Know how STCG is taxed, rates, and calculation for different assets under current tax rules.
Read More
Tax Saving
What Is TAN? How to Apply for TAN in India
23 Feb '26
1958 Views
10 minute read
What is TAN? Understand its structure, importance, and how to apply for a Tax Deduction and Collection Account Number (TAN) easily in 2026.
Read More
Tax Saving
What is EPF Form 10C? Meaning, Benefits, Eligibility
23 Feb '26
1411 Views
6 minute read
Learn about EPF Form 10C. Its meaning, benefits, and eligibility. Find out how submit form 10C online and how can help you with your Employee Provident Fund.
Read More
Tax Saving
Import Tax in India: Why Imports Are Heavily Taxed?
23 Feb '26
1970 Views
6 minute read
Understand why imports are heavily taxed in India, how import tax works, and the economic and policy reasons behind high import duties.
Read More
Tax Saving
Health Insurance for HIV-Positive Individuals: Coverage Guide
23 Feb '26
86 Views
5 minute read
Explore health insurance options for HIV-positive individuals in India, coverage inclusions, waiting periods, eligibility rules, and factors to review before buying a policy.
Read More
Health Plan
Signs of Financial Stability: How to Know You’re Secure
23 Feb '26
99 Views
5 minute read
Discover key indicators of financial stability, including savings strength, debt control, emergency funds, and long-term investment readiness for a secure future.
Read More
Personal Finance
TDS on EPF Withdrawal: Rules, Limits & Tax Impact
23 Feb '26
92 Views
7 minute read
Learn when TDS is deducted on EPF withdrawals, applicable thresholds, tax-saving exemptions, and steps you can take to avoid unnecessary deductions.
Read More
Personal Finance
Expenditure Tax in India: Meaning, Applicability & Examples
23 Feb '26
114 Views
6 minute read
Understand the concept of expenditure tax in India, when it applies, sectors affected, calculation approach, and practical examples to clarify its financial implications.
Read More
Tax Saving
TDS on Foreign Remittances: Rates, Limits & Rules Explained
23 Feb '26
37 Views
7 minute read
Learn how TDS applies to foreign remittances under LRS, applicable rates, thresholds, exemptions, and how these deductions affect your overseas payments and tax filing.
Read More
Tax Saving
Margin of Safety in Financial Planning: Protect Your Wealth
23 Feb '26
91 Views
6 minute read
Learn how applying the margin of safety principle in financial planning helps manage risks, build investment buffers, and protect long-term wealth from uncertainties.
Read More
Personal Finance
Systematic Transfer Plan (STP): Meaning, Benefits & How It Works
23 Feb '26
31 Views
7 minute read
Discover how STPs help investors shift funds gradually between schemes, manage market volatility, and optimize investment returns through disciplined transfer strategies.
Read More
Investment
Short-Term Capital Gains (STCG): Tax Rules & Calculation Guide
23 Feb '26
63 Views
6 minute read
Understand how short-term capital gains are calculated, applicable tax rates across asset classes, exemptions available, and planning tips to manage STCG tax liability.
Read More
Tax Saving
Buying Life Insurance for Someone With a Critical Illness
22 Feb '26
894 Views
7 minute read
Covers eligibility, underwriting considerations, and factors involved when purchasing life insurance for someone with a critical illness.
Read More
Life Insurance
Best Age to Start Investing in a Savings Plan for Your Child
22 Feb '26
1003 Views
7 minute read
Wondering when to start investing in a savings plan for your child? Discover the right age & smart tips to secure your child's financial future today.
Read More
Saving Plan
How to Check Old Age Pension? A Step-by-Step Guide
22 Feb '26
1038 Views
7 minute read
Discover the easy steps to check your old age pension status with our comprehensive guide. Ensure a secure retirement with Canara HSBC Life Insurance expert advice and assistance. Stay informed about your pension effortlessly.
Read More
Retirement Plan
Monthly Income Plan - Benefits, Features & How It Work?
22 Feb '26
3887 Views
6 minute read
Curious about monthly income plans? Discover what a monthly income plan is, how it works & the key benefits it offers for steady long-term security.
Read More
Saving Plan
Section 80CCG - Tax Deduction, Eligibility & How It Works
22 Feb '26
1061 Views
6 minute read
Want to save more on taxes? Get a complete overview of Section 80CCG, its meaning, eligibility criteria & deduction benefits for equity scheme investors.
Read More
Tax Saving
Section 206AB of Income Tax Act - All You Need to Know
22 Feb '26
1010 Views
6 minute read
Learn all about Section 206AB of the Income Tax Act, its key provisions, applicability & how it impacts TDS deductions for specified persons in India.
Read More
Tax Saving

Editor's Choice

What is Insurance

What is Insurance? Definition, Types and Benefits

02 Dec '25
9311 Views
10 minute read

Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.

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Types of Term Insurance Plans in India

01 Sep '25
1587 Views
10 minute read

Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.

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TDS on Rent: Section 194I of Income Tax Act Explained

12 Dec '25
8245 Views
14 minute read

Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.

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What Is Tax? Understanding the Tax Concept in India (2026 Guide)

15 Jan '26
6381 Views
11 minute read

Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.

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How Should You Plan Retirement Effectively in Your 50s?

17 Dec '25
1086 Views
8 minute read

If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.

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5 Smart Tips to Plan Your Child’s Education Abroad in 2026

07 Aug '25
1233 Views
10 minute read

Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.

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What is Insurance

What is Insurance? Definition, Types and Benefits

What is Insurance? Definition, Types and Benefits
02 Dec '25
9311 Views
10 minute read
Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.
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Types of Term Insurance Plans in India

Types of Term Insurance Plans in India
01 Sep '25
1587 Views
10 minute read
Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.
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TDS on Rent: Section 194I of Income Tax Act Explained

TDS on Rent: Section 194I of Income Tax Act Explained
12 Dec '25
8245 Views
14 minute read
Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.
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What Is Tax? Understanding the Tax Concept in India (2026 Guide)

What Is Tax? Understanding the Tax Concept in India (2026 Guide)
15 Jan '26
6381 Views
11 minute read
Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.
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How Should You Plan Retirement Effectively in Your 50s?

How Should You Plan Retirement Effectively in Your 50s?
17 Dec '25
1086 Views
8 minute read
If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.
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5 Smart Tips to Plan Your Child’s Education Abroad in 2026

5 Smart Tips to Plan Your Child’s Education Abroad in 2026
07 Aug '25
1233 Views
10 minute read
Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.
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Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.