Top life insurance mistakes even smart people make
From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.
Source Financial Express | 29/07/2021
Deposit Insurance of Rs 5 Lakh: Customers to Get Money in 90 Days if Bank Under Moratorium
To provide relief to depositors in stressed banks like Punjab and Maharashtra Co-operative (PMC) Bank, Union Cabinet on Wednesday cleared the amendments in Deposit Insurance and Credit Guarantee Corporation Act, 1961, (DICGC Act). Depositors of banks under moratorium the will no longer have to wait for the Reserve Bank of India (RBI) to rescue the bank to access their funds.
Source NEWS 18 | 28/07/2021
Bank FD: What the changes to Deposit Insurance Act mean for investors
Under the amendment, depositors of a bank under moratorium will no longer have to wait to access their money All commercial banks and even branches of foreign banks operating in India will come under the purview of this Act
Source mint | 28/07/2021
Top things you should know before co-applying for a home loan
It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant.
Source Financial Express | 26/07/2021
4 key points to take note of while buying a health insurance policy
In view of the exorbitant hospital and medical bills that are being accrued be it due to COVID treatment or any other medical reason, people have started not only opting for health insurance but also choosing the best health protection available.
Source Financial Express | 24/07/2021
Need money? Here are the best ways to get a loan in case of emergency
Even though an emergency fund of at least 3 months' expenses is a must to deal with a crisis, it might not be possible for everyone to hold up such savings. Under such circumstances, a quick loan comes out to be the only option.
Source Financial Express | 21/07/2021
LIC launches benefit based health insurance plan Arogya Rakshak, know how it will work
The Life Insurance Corporation (LIC) of India has introduced a new health insurance plan called Arogya Rakshak, which is a non-linked, non-participating, regular premium, individual health insurance plan.
Source The Economics Times | 21/07/2021
Home Loan: Why part-prepayments are a good idea
Try to make as much part-prepayments as possible when the applicable home loan interest rates are low and your credit score is high
Source Financial Express | 16/07/2021
What role do guaranteed insurance plans play in meeting long-term goals?
Even in a low interest rate scenario, life insurance products offer benefits that no other financial product does including life cover, additional riders, guaranteed returns, safety net, and tax benefits.
Source Financial Express | 15/07/2021
Health Insurance: Here’s all you need to know about Day Care procedures
The procedures that require medical care and are completed within 24 hours are called daycare procedures.
Source Financial Express | 08/07/2021
5 things you must know before investing in real estate during Covid-19
The pandemic may have brought drastic changes to our daily lifestyle, however real estate investments are here to stay and will grow in popularity.
Source Financial Express | 07/07/2021
The pandemic may have brought drastic changes to our daily lifestyle, however real estate investments are here to stay and will grow in popularity.
In case the minor children have not been appointed as nominees, the guardian can, on their behalf, produce proof such as death certificates
Source Money Control | 05/07/2021
10 Things to Consider Before Buying Health Insurance Cover
A health plan is your best help during medical emergencies. Ponder over these 10 points before you buy one
Source Outlook MONEY | 29/06/2021
Fixed income: Lock in small savings schemes by June-end
The government is likely to reduce the interest rates on small savings schemes from July 1 to keep in line with falling interest rates in the market
Source Financial Express | 28/06/2021
7 reasons why life insurance is a must for every individual
Many investment options are readily available in the financial market, but life insurance is the one if opted for at an early age, provides multiple benefits ranging from, providing protection to your family in your absence, planning your retirement, adds financial security, helps in saving tax.
Source Financial Express | 28/06/2021
Traditional savings products guarantee income for tomorrow – Here’s how
Do you have enough savings to live a comfortable retired life? Can you afford a sabbatical in your professional life and pursue your passion? Can you afford to send your kids abroad for education? If you are afraid to answer these questions, it is time you re-evaluate your financial choices and think about building wealth.
Source Financial Express | 28/06/2021
Insurance Awareness Day: How to make an informed buying decision
Life insurance policies of the pure protection variety, known as term Insurance, are basic and most necessary form of life insurance cover.
Source Financial Express | 28/06/2021
Term and health insurance top priority amidst Covid-19 pandemic: Study
According to a survey conducted by Policybazaar.com, over 90% of Indians believe that Health and Term insurance is important for their financial safety and mental wellbeing
Source mint | 28/06/2021
