Did u know that surrender value of your insurance policy can be taxable if proper care is not taken? Life insurance policies are popular among customers because of their tax saving nature. The premiums paid up to Rs.1.5 lakhs are exempted from the taxable income under Section 80C. Similarly, the benefits received under a life […]
Selling insurance is challenging. Your clients have pre-conceived notions which create a mental blockade. This blockade tests your selling skills. You have to handle customer’s objections and bust some popular myths to sell a plan. Though customers have pre-conceived notions about all forms of insurance, when it comes to life insurance, the case is worst.[…..]
Technology and digital communications are rapidly changing the way we do business. The rise of artificial intelligence and machine learning have provided many opportunities for various industries, including insurance. This especially for those professionals who are innovative and open to leveraging new technologies effectively. Artificial intelligence refers to any intelligence displayed by machines, whereby technology[…..]
The last quarter of the financial year proves quite productive for insurance distributors. Everyone wants to save tax. That is why your clients show more inclination towards products which can save their tax liability. While life and health insurance plans are tax-saving, there are other avenues too. The Income Tax Act, 1961, lists various investment[…..]
Ever since the Goods and Services Tax (GST) Bill was passed in the Parliament, it has created widespread confusion and speculation in the market as to how its introduction would impact each of us. With the implementation of GST on July 1, 2017, there has been major tax implications across all financial and economic sectors.[…..]
