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PPF, NSC, Other Small Savings Schemes Interest Rates Kept Unchanged For July-September

PPF, NSC, Other Small Savings Schemes Interest Rates Kept Unchanged For July-September

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


National Insurance Awareness Day: Tips to keep in mind while purchasing a health insurance policy

National Insurance Awareness Day: Tips to keep in mind while purchasing a health insurance policy

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


10 reasons why buying a health insurance in your 20s is a good idea

10 reasons why buying a health insurance in your 20s is a good idea

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


How does a health insurance policy work

How does a health insurance policy work

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 FAQs you need to know & why it is important to be insured

Insurance FAQs you need to know & why it is important to be insured

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


Why insurance is a must-have for your investment portfolio

Why insurance is a must-have for your investment portfolio

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.

Source Financial Express | 23/06/2022


Coronavirus: Reasons why Covid-19 health insurance claims are denied

Coronavirus: Reasons why Covid-19 health insurance claims are denied

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.

Source Financial Express | 23/06/2022


Couples opting for surrogacy to buy 3-year health insurance for surrogate mothers: Govt

Couples opting for surrogacy to buy 3-year health insurance for surrogate mothers: Govt

The insurance amount should be sufficient enough to cover expenses for all complications arising out of the pregnancy and also postpartum delivery complications.

Source Financial Express | 23/06/2022


Why health insurance is important for the youth

Why health insurance is important for the youth

Young people often refuse to buy health insurance thinking that there is nil or very low probability of falling ill and hence there is no point in wasting money in paying premiums.

Source Financial Express  | 20/06/2022


Holding a health insurance plan? Here’s why you may also opt for Critical Illness plan

Holding a health insurance plan? Here’s why you may also opt for Critical Illness plan

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


Life Insurance: Par or non-par policies —what’s better for you?

Life Insurance: Par or non-par policies —what’s better for you?

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


US Fed Announces Biggest Interest Rate Hike Since 1994

US Fed Announces Biggest Interest Rate Hike Since 1994

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


How does life insurance claim settlement work in India?

How does life insurance claim settlement work in India?

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


Three reasons why you must consider buying term insurance, even if you are single

Three reasons why you must consider buying term insurance, even if you are single

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


What is life insurance underwriting and how is it done? Here’s what buyers need to know

What is life insurance underwriting and how is it done? Here’s what buyers need to know

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


How to insure against hassles at the time of health claim settlement

How to insure against hassles at the time of health claim settlement

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


Should you revive your old term insurance policy or buy a new one?

Should you revive your old term insurance policy or buy a new one?

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


Is your insurance policy safeguarded under MWP Act?

Is your insurance policy safeguarded under MWP Act?

The MWP Act is a provision that protects the insurance money from creditors, banks and government agencies.

Source Financial Express  | 01/06/2022