The central government on Thursday decided to keep interest rates unchanged on small savings schemes, including Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme or Public Provident Fund (PPF), for the July-September 2022 quarter. It is the ninth time in a row that the interest rates on these schemes have not changed.
Source News18 | 30/06/2022
India faces the twin problems of having to deal with a high rate of infectious diseases and growing incidences of chronic diseases, which is a result of the sedentary lifestyle we have been leading.
Source Financial Express | 28/06/2022
Health emergencies could come knocking on doors without much warning and yet a very small section of people in India purchase health insurance policies in their early 20s.
Source CNBCTV18 | 28/06/2022
In modern times, health insurance is an absolute necessity. It covers the cost of medical care as well as other related expenses. Understanding how health insurance works is crucial before purchasing this policy. We lay it out in detail for you.
Source MINT | 25/06/2022
Insurance is not taken seriously in India as is shown by low penetration figures of the sector. Here are a few reasons why it is important to get insured at the earliest.
Source ETNOW | 24/06/2022
Build an insurance portfolio in such a way, that it supports the individual’s investment plans, and ensures that the financial goals are intact, in case of any unforeseen situation.
COVID claims saw a steep rise and it was noticed that claims got rejected because people opted for hospitalization instead of opting for treatment under home care.
The insurance amount should be sufficient enough to cover expenses for all complications arising out of the pregnancy and also postpartum delivery complications.
Diagnosis and treatment of critical illnesses like cancer can lead to huge medical bills, substantial hospitalization costs and ongoing rehabilitation expenses for a considerably longer duration.
Source Financial Express | 18/06/2022
Although par plans are costlier, if one takes a whole life par policy, the element of uncertainty diminishes steadily over the years The par policies are costlier as there is bonus loading on premiums.
Source Financial Express | 17/06/2022
The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation.
Source News 18 | 16/06/2022
While the policyholder completes his part of the commitment by paying due premiums; fulfilment of the promise from the insurer’s side is completed by payment of the rightful claims.
Source Financial Express | 14/06/2022
A term life policy is as valuable for singles as for those married and with children. It will cover your liabilities, and ensure your dependents have financial protection in your absence.
Source Money Control | 10/06/2022
Life Insurance Underwriting is the process by which life insurance companies determine a customer’s eligibility for a particular policy.
Source Financial Express | 04/06/2022
Settling claims has never been an easy process, for insurers or for consumers. However, the process can be made simpler if consumers go in for digitally enabled insurance advisors who will help consumers choose the best policy as per their needs
Source Money Control | 02/06/2022
The best option is always to ensure that your policy remains active and the premiums are paid on time. If, for some reason, your policy lapses, get yourself covered again as soon as possible.
Source Money Control | 01/06/2022
The MWP Act is a provision that protects the insurance money from creditors, banks and government agencies.
Source Financial Express | 01/06/2022