Have you ever heard about Marriage Insurance? Sounds weird but it’s true. Insurance companies these days, offer an insurance product that provides cover against loss which occurs due to cancellation or postponement... Read more »
Tax saving is considered as one of the most common motive behind investments. But which is the best investment option? Where should you invest to get tax exemption? There are numerous investments... Read more »
On the occasion of its Diamond Jubilee, state-run LIC (Life Insurance Corporation) announced its LIC Bima Diamond Plan in September 2016. The Bima Diamond Plan is a non-linked, with profits, limited premium payment... Read more »
Most students nowadays plan to go abroad for higher studies. If you also have any such plans then there is something very important for you to know i.e Student insurance policy. Student insurance... Read more »
Life Insurance Corporation (LIC), a well known name in the insurance industry has again come up with new insurance plans. LIC introduced two insurance policies with the name Flexi Plus and New... Read more »
Insurance is one sector in which almost every one want to invest the reason to put your money in insurance sector may vary with other. Some like to get returns, some want... Read more »
The worst thing for any insurance holder could be if he fails to pay premium due to any reason and then his policy lapsed. Many times you might not be able to... Read more »
Bajaj Allianz, a well known name in the insurance industry has launched a new ULIP plan with the name of ‘Guaranteed Maturity Insurance Plan’. As name suggest this plan offers guaranteed returns,... Read more »
With effect from 1st December 2011, the rate of interest on PPF, NSC, MIC and post office scheme will be raised to offer better returns to the investors. Public Provident Fund (PPF)... Read more »
Insurance regulatory and development authority (IRDA), has taken a great initiative to provide the details of all the insurance products available in India at there official website. A web app has been... Read more »
Life Insurance Corporation (LIC) of India have started a new SMS service to provide basic policy details to its customers via SMS. This free service has been offered for the convenience to... Read more »
As per the IRDA latest notification, holder of unit linked insurance plan (ULIP) who have discontinued their policy will get a minimum guaranteed interest on the fund value as applicable to savings... Read more »
Unit linked insurance policy (ULIP), are insurance cum investment plans that offers the policy holder to have reasonably good returns in a long term while providing insurance protection. ULIP = Insurance (Life... Read more »
Several licenses are required to work in the financial-planning and financial services industry. The Series 24 exam is given to those seeking license in a managerial position. The Series 24 license is... Read more »
Insurances are of many kinds. Insurances other than Life Insurance and Health/Medical Insurance include Travel insurance, Home Insurance, Corporate Insurance, Motor Insurance, Cancer Insurance, General Insurance, Casualty Insurance, Pet Insurance, Liability Insurance, Critical Illness Insurance, and Personal Accident Insurance.
There are different insurances for different purposes and to cater to different situations and needs. You can opt for as much insurance as you want on the basis of your need, circumstance, and benefit offered by an insurance scheme.
An unforeseen incident can happen to anyone, anything and anywhere. Hence these insurances offer a safe financial net, if you need it. Most of them are also good investment options and offer tax benefits to the policyholder under the Income Tax Act 1961.