After a slowdown in protection and ULIP, the guaranteed return products have become the largest growth drivers for large private insurers. The budget announcement of the removal of tax exemption on high ticket policies directly impacts this segment, Credit Suisse said. ATS of non single premiums (with ticket size of more than 1.25 lakh) is […]
Removal of tax benefits on high-ticket premiums will hit insurance sector
After a slowdown in protection and ULIP, the guaranteed return products have become the largest growth drivers for large private insurers. The budget announcement of the removal of tax exemption on high ticket policies directly impacts this segment, Credit Suisse said. ATS of non single premiums (with ticket size of more than 1.25 lakh) is […]
