Even with a travel insurance policy, your claims can be rejected based on a number of cases. Hence, policyholders should make necessary disclosures with the documentation, while opting for an insurance policy.
Kids saving accounts generally come with the security of zero liability. With this feature, the child's debit card is protected against theft or misplacement of the card, leading to an unauthorized purchase.
The changes that were brought in by the regulator earlier this year were to make life insurance more favorable to customers. The new rules also offered essential benefits and flexibility to the existing policyholders.
Not investing in the right instrument can mean you are losing out on the potential returns of your investment. For instance, while EPFO invests predominantly in debt instruments, investing in NPS promises higher returns over
This helps people who after buying a policy find out that the policy terms and conditions do not suit their needs. However, the cancellation and return of the policy to the insurer have to be done within the free look period,
Opting for premature withdrawal in FD means depositors can withdraw their amount and close the account before the term ends, with an added penalty which is generally a percentage of the deposited amount. Banks like the SBI, H
While determining asset allocation, investors should focus on their financial goals, time left to reach that goal and their risk appetite. A portfolio needs to be diversified across various asset classes, which should include
Adventurous sports or activities such as mountain climbing, bungee jumping, water rafting, and paragliding, are usually not covered by travel insurance policies and are termed as hazardous activities in the policy documents.
While planning it is important to make the right investment choices at the right time. There are various child plan investment options in the market but depending on your need you should opt for the ones that suit you the mos
This feature will be completely online and hence, eliminates the need for policyholders from visiting the bank or the life insurer. This offering will also be convenient for senior citizens by eliminating multiple processes f
To help the pensioners the government has enabled the submission of the certificate online through this platform. With this online platform, one can avoid the whole process, and do away with physical visits to the post office
If the EPF account holder dies without a proper nominee, it might get difficult to get a claim processed. But, with the new e-nomination facility, the claim process has become quicker as EPFO already has all the information.
Earlier, after a claim was filed, the insurer used to send a surveyor to analyze the situation and determine the damage of the claim that is lodged. Now, this step will be eliminated, in case of certain claims.
Switching the loan to a lender offering a lower interest rate helps the borrower in the long run. However, note that switching the loan will not be possible in case of irregular repayments made by the borrower to the current
Other than lungs getting affected, doctors say high levels of pollutants cause inflammation in blood vessels, which leads to the hardening of arteries. This triggers a stroke or heart attack among individuals already at risk
Under both auto and active-choice option, NPS offers equity allocation up to 75%, which was earlier capped at 50%. Experts suggest this scheme will allow young investors to have higher exposure to equities and earn higher ret
What credit cardholders don't understand is that extensive use of their credit card can result in a debt spiral that will not only ruin their budget but also eat into all of their future income, until it's cleared.