News Muncher - category premiums

2 days, 2 hours ago

CREDAI expresses concern over proposed 18% GST on Floor Space Index premiums

The Confederation of Real Estate Developers’ Associations of India has expressed deep concerns over the government’s proposal to impose an 18% Goods and Services Tax on Floor Space Index and additional FSI premiums. The proposed GST on FSI premiums, they warned, could further escalate property prices by 7-10%, jeopardising affordable housing projects. “The proposed GST could make homeownership more expensive …

India Housing Tax Gst Premiums Itc Credai

2 days, 4 hours ago

Soaring inflation pushes up health insurance premiums; makes standardised care costlier

The Hindu

Since the COVID-19 pandemic, India is witnessing a surge in healthcare cost inflation, making assured and standardised healthcare unviable for several sections of the society and pushing up health insurance premiums. Speaking to The Hindu, Sumit Bohra, president of the Insurance Brokers Association of India notes that currently in India, rising healthcare costs and growing health insurance premiums are feeding …

Health India Healthcare Insurance Costs Health Insurance Premiums

GST Council Delays Decision On Tax Reduction For Life, Health Insurance Premiums

ABP News

The GST Council on Saturday deferred its decision on reducing the tax rate on life and health insurance premiums, according to officials. The GoM also recommended exempting GST from health insurance premiums paid by individuals, excluding senior citizens, for policies with coverage up to Rs 5 lakh. However, premiums for health insurance policies offering coverage exceeding Rs 5 lakh will …

Insurance Tax Council Senior Citizens Cent Gst Premiums

2 days, 18 hours ago

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products

New Indian Express

The 55th Goods and Services Tax Council meeting, held in Jaisalmer, Rajasthan, under Finance Minister Nirmala Sitharaman on Saturday, deferred discussions on the much-anticipated proposal to restructure GST on insurance premiums. The GST Council also postponed discussions on the widely discussed rate rationalisation for various consumer items, including so-called ‘sin’ products. Under the current GST framework, e-commerce platforms face specific …

Council Gst Insurance Premiums Gst Council

1 week ago

International, domestic insurers push into catastrophe-hit US property markets

Live Mint

* Rising losses from natural disasters see some insurers cut cover in catastrophe-hit states * Homeowner premiums have soared, 50% rise not uncommon, broker says * Lloyd's of London insurance market has stepped in, has biggest market share By Carolyn Cohn and Noor Zainab Hussain LONDON, - International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, …

Insurance Florida Market Property States California Premiums

1 week, 4 days ago

GST Council Meeting: Industry eyes tax relief on health insurance premiums, higher levies on luxury items

Live Mint

Industry experts expect a reduction in GST rates on health insurance at the forthcoming GST Council meeting on December 21, 2024. However, if health insurance is exempted from GST for all or specified persons, the insurance companies would lose out on input tax credits to that extent and accordingly, the reduction in costs can be less than the amount of …

Health Insurance Tax Health Insurance Gst Council Gom Mani

1 week, 6 days ago

LIC share price drops 3.5% as November premiums decline 27% YoY

Live Mint

LIC share price: The share price of Life Insurance Corporation dropped by 3.5% during Tuesday's trading session as the life insurer encountered a tough month, with its premiums for November declining by 27% compared to the previous year. Nuvama Institutional Equities highlighted the impressive performance of private life insurers, which have shown a robust year-over-year growth of 15.4% in individual …

Life Share Lic Private Insurers Lic Share Price Individual Ape

2 weeks, 2 days ago

Health Care Premiums Could Go Up Fast If Republicans Don't Act

Huff Post

LOADING ERROR LOADING This article is part of HuffPost’s biweekly politics newsletter. The finding was about the cost of health insurance for people who buy private coverage through the Affordable Care Act, the landmark legislation that Democrats passed and then-President Barack Obama signed in 2010. But in the Affordable Care Act’s early years, those tax credits were smaller than the …

Health Insurance Tax Health Care Congress Trump Cost

3 weeks, 3 days ago

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Live Mint

* Demand was strong at beginning of the week - Indian trader * Demand seen improving with the onset of wedding season in India * China has issued import quotas to manage gold flows - analyst By Rajendra Jadhav and Rahul Paswan Nov 29 - Physical gold premiums were steady in India, as a rise in demand from this week's …

India China Demand Price Fluctuations Gold Premiums

3 weeks, 4 days ago

Can section 45 safeguard your nominee from life insurance claim rejection?

Live Mint

I purchased a term plan in February 2021. As per the section, after a period of three years from the date of policy issuance or reinstatement, an insurer cannot dispute a claim based on any misrepresentation, incorrect statement, or non-disclosure, provided the policyholder has paid all premiums on time and the policy has remained active. Since the policy has crossed …

Policy Claim Section 45 Your Policy 36 Months Endoscopy Your Nominee

4 weeks ago

Health insurance with no premium hikes: Should you buy such plans?

Live Mint

You bought health insurance in your twenties and have been paying premiums for 5-10 years. Some products that provide this option include Niva Bupa Reassure 2.0, Niva Bupa Aspire, and Super Star Health Insurance. View Full Image Mint Niva Bupa Reassure 2.0 and Aspire Both products come with 'lock the clock' feature which means the premium rate is fixed at …

Policy Insurance Age Health Insurance Star Premium Chopra

1 month ago

Home insurance premiums top £400 a YEAR due to record extreme weather claims

Daily Mail

The average home insurance premium has topped £400 a year for the first time, with insurers blaming a wave of claims for bad weather. This has led to the typical combined buildings and contents insurance premium rising 3 per cent, from £396 per year between April and June 2024 to £407 between July and September. The average payout per home …

Insurance Average Cent Quarter Price Paid Record Claims

1 month ago

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda

Live Mint

The GST Council will convene its 55th meeting on December 21 in Jaisalmer, Rajasthan, to address crucial policy changes, including possible tax relief on health and life insurance premiums. The council, chaired by Union Finance Minister Nirmala Sitharaman and including state finance ministers, is expected to also deliberate on rate reductions for essential goods, as per a report by PTI. …

Insurance Council Rate Gst Gst Council Gom

1 month ago

McKinsey: Operational Inefficiencies Hindering India’s Insurance Sector

Deccan Chronicle

Mumbai: India could potentially save about USD 10 billion annually by expanding insurance penetration to the uninsured population, these saved funds could then be redirected to stimulate economic growth, said a report by global consultancy management firm McKinsey titled Steering Indian Insurance from growth to value in the upcoming techade. The report said that India’s insurance sector has recorded a …

India Growth Insurance Life Report Cagr Mckinsey

1 month, 1 week ago

Dutch News podcast: the no product placement here edition

Dutch News

Want to support the DutchNews podcast and keep up our stocks of stroopwafels and orange tompouces? Amsterdam has been hardly out of the headlines this week, after trouble before, during and after a football match between Ajax and Maccabi Tel Aviv, with politicians at home and abroad pouring oil on troubled waters. Oil giant Shell, meanwhile, won the return match …

Dutch Maccabi

1 month, 1 week ago

What’s New in Medicare

LA Times

If you’re enrolled in Medicare and wondering if your current coverage is appropriate to your future needs, now is the time to consider modifying your plan or switching to another. Some Premiums Should Decrease Some Medicare beneficiaries, notably those prescribed costly brand-name medications, will start saving money on health costs next year due to the new $2,000 out-of-pocket drug cap …

Costs Coverage Premium 2025 Prescription Medicare Advantage Medicare Plan

1 month, 1 week ago

Dutch health insurance: what you should do now to stay on top

Dutch News

It’s time to start thinking about whether you should change health insurance company next year. All Dutch health insurance companies have announced their premiums for 2025 so that means you can now switch to a different company. Check out what is on offer This year, consumers have a choice out of 70 basic policies offered by 20 different health insurance …

Insurance Check Provider Basic Dutch Health

1 month, 1 week ago

Healthcare payments to rise by around €11 per month in 2025

Dutch News

Healthcare premiums are rising by an average of €11 per month in 2025, but the gap between cheapest and most expensive has stretched to €433, according to research by comparison website Zorgwijzer. Zilveren Kruis premiums are rising by an average of €9.62 a month, the lowest of the big four, while CZ is the most expensive, with a rise of …

2025 Healthcare Zorgwijzer

1 month, 1 week ago

Health insurance premiums rising nearly €10 per month in 2025

NL Times

Zilveren Kruis, VGZ, and Menzis are increasing the monthly premium for their most popular basic health insurance by almost 10 euros next year. Holders of VGZ’s most popular basic health insurance policy will pay 157.30 euros next year, 10.35 euros more than this year. Menzis used the premium announcement to advocate for the healthcare allowance to be paid directly to …

Health Healthcare Premium Euros Premiums Health Insurers Zilveren Kruis

1 month, 1 week ago

Car insurance premiums nudge lower... but are still up 40% in two years

Daily Mail

Car insurance premiums fell 2 per cent between July and September 2024, with the average driver now paying £612 a year for cover. It all adds up: The high cost of car insurance adds to the pain felt by overall rising bills In total, insurers paid out £2.9billion in motor insurance claims in Q3 2024 – up 14 per cent …

2024 Cent Insurance Premiums Car Insurance Car Insurance Premiums Cost Car Car Insurers

1 month, 2 weeks ago

Can I pay insurance premiums to a distributor instead of an insurer?

Live Mint

An insurance distributor has suggested that I pay the premium to them instead of the insurance company. - Name changed on request Under the law, insurance premiums can only be paid to insurers. - Name changed on request You can get a refund of the premium for the unexpired period of your policy. You can ask your current insurer to …

Insurance Car Premium Insurer

1 month, 2 weeks ago

It's almost time to reconsider your health insurance package

Dutch News

Health insurance premiums are rising again this year, so what does this mean for you? Health insurance premiums have indeed risen, though the exact increase varies by provider. Consider these strategies to reduce costs: Increase your deductible: Opting for a higher voluntary deductible can lower premiums Opting for a higher voluntary deductible can lower premiums Review supplementary insurance needs: Avoid …

Health Care Coverage Premiums Cover Insurers Needs

1 month, 2 weeks ago

Drivers pay the price in premiums as 'cash-for-crash' moped scams soar four-fold in a year, new figures reveal

Daily Mail

Scams involving moped riders deliberately crashing into other vehicles for bogus insurance claims have soared four-fold in the past year, new figures show. The Insurance Fraud Bureau and City of London Police's Insurance Fraud Enforcement Department have been investigating this growing trend, And now insurance firm Direct Line's intelligence manager Sarah Cashford says there has been a 'exponentially massive rise' …

London Insurance Drivers Cash Moped Direct Line

1 month, 2 weeks ago

Little-known insurance stealth tax to raise £46BILLION in the next five years - more than road tax

Daily Mail

A little-known insurance stealth tax is set to raise £46billion for the Government over the next five years - more than road tax. Insurance premium tax adds 12 per cent to the price of car, home and pet insurance, and 20 per cent on travel insurance and many forms of add-on cover. The OBR predicted IPT will rake in £42.4billion …

Insurance Budget Cent Ipt Road Tax Premiums

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Articles for Premiums

CREDAI expresses concern over proposed 18% GST on Floor Space Index premiums

Soaring inflation pushes up health insurance premiums; makes standardised care costlier

GST Council Delays Decision On Tax Reduction For Life, Health Insurance Premiums

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products

International, domestic insurers push into catastrophe-hit US property markets

GST Council Meeting: Industry eyes tax relief on health insurance premiums, higher levies on luxury items

LIC share price drops 3.5% as November premiums decline 27% YoY

Health Care Premiums Could Go Up Fast If Republicans Don't Act

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Can section 45 safeguard your nominee from life insurance claim rejection?

Health insurance with no premium hikes: Should you buy such plans?

Home insurance premiums top £400 a YEAR due to record extreme weather claims

GST Council’s December Meet: Waiver of levy on health, life insurance premiums on agenda

McKinsey: Operational Inefficiencies Hindering India’s Insurance Sector

Dutch News podcast: the no product placement here edition

What’s New in Medicare

Dutch health insurance: what you should do now to stay on top

Healthcare payments to rise by around €11 per month in 2025

Health insurance premiums rising nearly €10 per month in 2025

Car insurance premiums nudge lower... but are still up 40% in two years

Can I pay insurance premiums to a distributor instead of an insurer?

It's almost time to reconsider your health insurance package

Drivers pay the price in premiums as 'cash-for-crash' moped scams soar four-fold in a year, new figures reveal

Little-known insurance stealth tax to raise £46BILLION in the next five years - more than road tax