Taxation on proceeds of Life Insurance before or after maturity
All of us buy Life Insurance in various forms like Traditional plans, ULIPs, Pension plans. A prominent reason for buying Insurance in India remains the Tax savings definitely along with risk cover. Most of us generally do not have time to go in details of Insurance policies and rely on the small discussion with agent. We get to know...
Rescue yourself from credit default with Loan Insurance
Loans are important tools for any person to fulfill his desires like own house, higher education, etc or urgent requirements like medical emergency, etc. However, a typical fear which remain in the mind of any professional is the risk of losing a job. The EMIs could be killing in bad times when earning are not...
Third Party Auto Insurance Explained
The law says Third party insurance is the minimum level of requisition for car insurance. It covers a third party and not your car or you, the third party’s property and the passengers travelling in either car. To explain you a little more about the third party insurance let us take for instance that there...
10 Tips for Buying Health Insurance
So, you have finally decided to buy a health insurance for yourself. But are you confused on how to decide on which one to buy? Here are the top 10 tips for buying health insurance: 1. Wisely Select the Insurance Company: Generally, the companies offering health insurance either are life insurance or general insurance companies....
Health Insurance for Senior Citizens
It is indeed an irony that as we grow older, wiser and understand things better our bodies tend to become weaker and lesser-abled to deal with life’s issues. Any citizen above the age of 60 years is called a Senior Citizen. After a lifetime of working, raising families and contributing to the economy of the...
Car Insurance Basics You Must Know
Choosing a car insurance which fits all your needs and also the needs of that loved family, needs you to spare time and find the right insurance. But before that, it’s mandatory that you learn the basics to auto insurance.Auto insurance is not just meant to protect your car from theft or accidental damage but...
Various types on Business Liability Insurance – Saviour for Enterpreneurs
Most businesses should at least have some kind of liability insurances. Without it, a sole unfortunate accident can destroy your whole company. General Liability Policy for Business If your business even has minimal direct contacts with clients or customers, you need to have a general business liability policy. Just imagine that a client or customer...
How to Calculate Your Car Insurance Premium?
In India, according to the law, it is compulsory to insure your car. The compulsory nature helps in protecting you against any third party liabilities, which are financial losses caused by accident, damage or theft. Also while driving a car you are responsible for the safety of your passengers, pedestrians, other people’s property and yourself....
What, Why’s and How’s of Travel Insurance
Travel insurance is an extremely important aspect for any trip planning. And that is why there are myriads of travel insurance companies out there. Well, before getting into details of travel insurance, it is important to know the difference it creates for you. Most of us have a health insurance. So having a travel insurance...
Guide to Getting an Auto Insurance Claim Approved
Auto insurance is a robust protection against any vehicular eventuality. Every auto owner should get their vehicle insured to cushion themselves. The Motor Vehicles Act of India requires every vehicle to be insured. This stipulation is applicable to both the four wheelers as well as two wheelers. Apart from complying with the legal requirement, getting...
