Term Plan Adjustments: What does it mean and how does it work?
In the grand scheme of events, most of you would have prioritized leading a comfortable life and ensuring that your family is safeguarded in case of any unforeseen event. One of the first steps needed to achieve this goal is financial planning. To ensure stable and steady growth of your wealth, financial experts advise you to invest in various financial assets. One such asset that not only provides you with an enhanced return but also provides financial security to your family, in case of your untimely death, is term insurance. Read ahead to know more about offline andonline term insurance plans and the importance of term plan adjustments.
Covid-19: IRDAI asks insurers to settle policyholders' claims on cashless basis
New Delhi/IBNS: Insurance regulator IRDAI on Friday asked the insurers to settle the claims of policyholders on cashless basis after reports emerged that some hospitals demanded cash payments from Covid-19 patients.
Do you want to build wealth? Bet you've missed this unique option of building your wealth
Wealth can easily fulfil our dreams. There is truly no secret that has been there to build up wealth. You don’t require any special connections, luck, trick, or seminars to build wealth. There are so many people, who want to become rich, but then their actions don't go with their words. Making money is never a bigger deal, but keeping the money is.
Union Budget: FDI limit in insurance sector increased from 49 pct to 74 pct
New Delhi: While presenting the Union Budget 2021-22 in Parliament today the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman announced that the Government will amend the Insurance Act, 1938 to increase the permissible FDI limit from 49% to 74% and allow foreign ownership and control with safeguards.
Money Logic: Who Should Invest in The Best Savings Plan
We go through our lives, making sure that our loved ones are healthy and happy. For most of us, that means taking care of their present and future financial requirements. If you are an earning individual, these may be some of the prevailing concerns in your mind before making any investment-related decision.
Bharti AXA Life introduces insurance with guaranteed returns, maturity benefits in COVID times
Kolkata, Dec 16: Leading private insurer Bharti AXA Life Insurance Wednesday announced the launch of its novel plan - Bharti AXA Life Guaranteed Income Pro - that offers life insurance along with maturity benefits and guaranteed returns.
ICICI Lombard to buy Bharti AXA General Insurance
Mumbai/IBNS: ICICI Lombard General Insurance has said it has entered into a definitive agreement to buy Bharti Enterprises promoted Bharti AXA General Insurance, according to a media report.
Planning to Save Taxes? Here’s How Term Plan Can Help
Earning money has never been easy, as it takes not only hard work but also intelligent planning and patience. That is why making money is nothing short of a game. This game is also beset with tax problems that take away a large portion of your hard-earned money.
FAQ Session: Answering 6 Most Commonly Asked Questions Regarding Term Insurance
When you’re looking to invest in life insurance, you may find yourself a little overwhelmed. There are lots of terms that you may want explained and questions you may want to ask. Most term insurance plans are more affordable and offer peace of mind while still allowing for flexibility. Here are some answers that can help you with your insurance decision.
Life Insurance is Your Best Bet for a Safe Future – Find Out Why
Life has a way of reminding us of its uncertainty. While we go on about our daily lives, we hear about unfortunate incidents befalling other people. It is unbearable to imagine it happen to yourself. And yet, the harsh reality is that all human life is vulnerable towards a variety of factors, including sedentary lifestyle, quick-fix diets, and environmental changes. You need to accept the reality and plan your life accordingly so that you are not left wanting in desperate times.
User Reviews for Tata AIG's Insurance Talks About These 4 Things
“Rock, paper, scissors are sitting in paper’s insurance office. Paper said, “Rock, I can cover you, but scissors, you’re a big risk for us.”
Typical Exclusions in a D&O Insurance Policy You Should Be Aware Of
The directors and officers in an organization are its significant assets that are responsible for making critical decisions for its growth. In today’s dynamic environment of the business world, these leaders ensure that the organization grows, adapts and learns with time to stay ahead of the competition. However, they often face several challenges and litigation based on their roles and responsibilities. This is why most small and large organizations invest in Directors and Officers (D&O) liability insurance. While this liability insurance covers most of the lawsuits raised against the directors, there are specific exclusions to it as well.
A guide to calculating how much term life insurance to buy
In our younger years, we did not quite have to think about death as a factor — something which could affect our lives manifolds. However, with responsibilities weighing on our shoulders, it is imperative for us to think of such factors and come up with a backup plan for the worst.
Universal Sompo trains 110 unemployed youth in selling non-life insurance policies
Varanasi: The second batch of candidates trained by Universal Sompo General Insurance Company Ltd completed training as per the requirement of the Insurance Regulatory and Development Authority of India (IRDAI) and received
A Safety Net for Your Loved Ones: 4 Main Differences Between Term and Whole Life Insurance
We never know when “our time” will be. However, we know that whether it be in the next week or several decades that we want our loved ones to be financially cared for with or without us. Thankfully, life insurance, whether whole or term insurance, guarantees that a certain sum of money is given to our beneficiaries after our passing.