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Latest news on Personal finance, mutual funds, investments, insurance, tax, schemes for senior citizens, retirement planning, and other financial aspects. Gain insights on financial planning and other financial aspects from Outlook Money Magazine.
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News
Life Insurance Surrenders Climb As Policyholders Seek Cash Before Maturity
1+ mon, 4+ week ago (582+ words) Life insurance surrenders reached 38.3 per cent of benefits paid Premature policy exits accounted for nearly Rs 2.8 lakh crore Policyholders should compare surrender, paid-up, and loan options first For a life insurance policyholder, maturity is supposed to be the finish line....