7. Failure to provide valid travel medical insurance | All Schengen visa applicants must present proof of medical insurance covering at least $32,500 for emergencies, hospitalisation, or repatriation. If the policy is invalid, incomplete, or does not cover all Schengen countries, the application will be refused. Proper insurance ensures travellers can handle unexpected health or travel emergencies abroad. (Image: Shutterstock)
Personal Finance
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CNBC TV1809-12-2025, 14:26

Bajaj Life introduces India Consumption Fund ULIP for India's booming consumer sector

  • Bajaj Life Insurance launched the India Consumption Fund under its ULIP offerings.
  • The New Fund Offer (NFO) is open from December 8 to December 22.
  • The fund aims to capitalize on India's expanding consumption economy, investing in consumer-focused sectors.
  • It follows an actively managed, multi-stage investment approach, benchmarked against the Nifty India Consumption Index.
  • The fund is designed for investors with a high-risk appetite and long-term investment goals.

Why It Matters: New fund offers investors a chance to capitalize on India's consumption growth.

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