Principal sum

Invest capital for a lifetime pension with the Saral pension plan. Details inside

Invest capital for a lifetime pension with the Saral pension plan. Details inside New Delhi: The Insurance Regulatory and Development Authority of India (Irdai) has asked life insurers to offer a standard immediate annuity plan called Saral Pension. The product offers a life annuity with a return of the purchase price of 100%; and a […]

Principal sum

Sundaram AMC Acquires Core Business of Principal for Undisclosed Amount

Sundaram Asset Management Company (Sundaram), a wholly-owned subsidiary of Sundaram Finance Ltd, announced the purchase of the core business of Principal Asset Management Pvt Ltd. The value of the transaction is approximately Rs 338.53 crore. Sundaram will acquire the plans managed by Principal Asset Management Pvt Ltd and acquire 100 percent of its share capital, […]

Principal sum

7 figures that summarize the record trading activity on the over-the-counter markets in 2020

It has been a historic year for investors, good and bad, depending on the market and the industry. Trading activity increased significantly on the first two levels of OTC Markets, OTCQX and OTCQB, as traders negotiated their way through a global pandemic, presidential election and record volatility. Below are seven numbers to help put 2020 […]

Principal sum

You can change the insured amount of the health plan at the time of renewal

My husband had taken out unit-linked insurance (Ulip). After his death, the request was raised automatically and was rejected. The company said it had not disclosed other details of its policy. Can I still get a claim amount? The form was filled out by the officer and even the candidate’s name was misspelled. —Praveena In […]