Benefits of Term Insurance
New Delhi (India), January 23: A term plan is a type of life insurance policy designed to provide financial benefits to a chosen beneficiary upon the death of the insured. It offers coverage for a specific period, most often 10, 15, 20 or 30 years and typically has no cash-value component.
Date: 23/01/2023 / Source: DeccanHearaldRead more..
Your money: Buying insurance? Don’t chase returns, maximise risk cover
Acquaintances often request me to suggest life insurance products that can fetch high returns. Occasionally, they are subjected to product presentations by insurance advisors, showing returns that make them thrilled but also make them circumspect on whether the insurance products can really earn such high returns.
Date: 20/01/2023 / Source: Source : FINANCIAL EXPRESSRead more..
LIC Jeevan Azad (Plan No. 868): New LIC policy for Rs 5 lakh cover and other benefits
The Life Insurance Corporation (LIC) of India has launched Jeevan Azad (Plan No. 868), which is a new plan aimed at individual savings and life insurance. As per LIC, the plan offers an attractive combination of protection and savings.
Date: 20/01/2023 / Source: Source: Financial ExpressRead more..
Health insurance evolving to suit millennial needs
India has a major share of the millennial demographic — 34% of the total population — to be precise. While this might be a significant percentage, before the pandemic struck, this consumer segment seldom considered having an adequate insurance policy.
Date: 08/01/2023 / Source: Source : The HinduRead more..
Fiscal Deficit, GDP, Other Financial Terms You Should Know Ahead of Budget 2023
Union Finance Minister Nirmala Sitharaman will present her fifth budget on February 1. The Union of India contains the government’s revenue and expenditure for a given fiscal year and is a massive and complex document. Here’s your guide to understanding various financial jargon that you may come across in Finance Minister Nirmala Sitharaman’s Budget speech.
Date: 06/01/2023 / Source: News18Read more..
Can’t decide what health insurance plan to buy? Here are some tips from Siddharth Singhal
“If you are somebody who already has health insurance and are looking to bump up your cover at a very low cost, top up is a great option to go for. The detectable amount of that top up has to be equivalent to the sum insured that you already have,” says Siddharth Singhal, Business Head, Policybazaar.com
Date: 05/01/2023 / Source: Source : The Economic TimesRead more..