At 2:16 pm, shares of SBI Life were trading at Rs 944.30 apiece, down 5.6%, after hitting the day’s low of Rs 930. The stock has risen by a massive 66% in the past one year.
Tax deductions under 80C are available for Hindu Undivided Families and individuals.
SBI Life shares had fallen nearly 5% on Tuesday after foreign partner BNP Paribas Cardif said it will sell up to 2.5% stake in the company.
According to the Union Health Ministry, Breast Cancer ranks as the number one cancer disease among Indian females.
Life insurance companies often give add-on services which are called Riders. Make sure you research and make full use of these Rider services.
Some analysts believe that the IPO market for the second half of the ongoing financial year will be poor as the secondary market would continue to be choppy on account of high crude price, depreciating rupee and tariff war between US and China.
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