A life insurance policy works on the simple fundamentals of business wherein you keep paying the premiums towards the policy and it stays active throughout the term of the plan. However, if you miss any of the premium payments due to any reason, the policy lapses. With that, the benefits attached with the policy also … Read more
When one thinks of insurance policies by the Indian government, the first organization that comes to mind is Life Corporation of India (LIC). A lot of individuals might not be aware that the Department of Posts also offers life insurance under the name of Postal Life Insurance (PLI). Table Content Options Confuse People Types of … Read more
Sanju, a 28 years old Area Sales Manager in an MNC company, bought his dream car after years of saving and hard work. He was very much happy with his car and was also very much concerned about its safety and maintenance. He also knew that buying third-party insurance is compulsory in India without which … Read more
With the increasing number of road accidents and deteriorating condition of roads, car insurance becomes a necessity for every car owner and driver. A car insurance policy doesn’t only save you from the financial and legal liability against the miss happenings on the road, but saves your money for car repair and service also. But … Read more
No wonder if cancer insurance policy would become the most sought-after healthcare product in the segment. The rising cases of cancer due to changes in lifestyle and of course the awareness of cancer care and skyrocketing treatment costs pulling people to buy cancer care insurance policies. According to a report of the British Journal of … Read more
The Sukanya Samriddhi is the saving scheme, especially launched for the financial protection of the girl child which has been in conjuction with the social initiative “Beti Bachao Beti Padao”campaign initiated by the Govt. of India in the year 2015. A Sukanya Samridhhi Yojna offers a wide range of benefits which would ensure the assured … Read more
The insurance sector in the country has been on an upward trajectory, and with the recent FDI liberalization it is set to conquer new heights. This means more insurance players, more plans and more options for the ultimate buyers. However, more options sometimes, mean more complications and when one is spoilt for choice, taking the … Read more
Health Plans The new health insurance market makes competing for a two-stage proposition—win consumers on your health plan’s value proposition, but keep them based on the right consumer experience. Because products will become more standardized and consumers are becoming more discerning and informed, price and innovation are the keys to getting them in the door. … Read more
Tax saving is an important part of financial planning, but choosing the right tax saving instrument is much more important. There are various tax saving instruments in the market with different benefits and features. The best tax saving instrument is the one which fulfills your financial objective. Fulfilling your financial goals along with tax saving … Read more
Star Union Dai-ichi Life Insurance Co. Ltd. is a joint venture between country’s two leading public sector banks – Bank of India (BOI) and Union Bank of India, and Japan’s renowned life Insurance company – Dai-ichi Mutual Life Insurance Company. With over 11,000 branches across the country, the insurance company is catering to more than … Read more