While Life insurance policies provide low returns, these have long been considered as a safe investment for securing financial stability in the future. However, recent changes in tax rules have brought about significant shifts in how the maturity money from these policies is treated. The Central Board of Direct Taxes (CBDT) has introduced new guidelines that impact the taxation of […]
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3 Financial Instruments that can protect you and your family When you are young, you do not necessarily think of financial planning as a priority. But, as you grow older, the responsibilities in life also evolve. It becomes imperative when you are going through significant life stages, such as marriage. It is about two people sharing their goals and ambitions […]
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Telenor India free Life Insurance Coverage to its subscribers – How should you avail it? Last week, Telenor India, a mobile network operator has launched a one of kind new initiative by offering free life insurance coverage for its customers. This is a new initiative in telecom industry. Telenor India operates from 6 circles across India and this would benefit […]
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Should to opt for Postal Life Insurance Plans? Many of us do not know that the Post Office offers Life Insurance policies for Government / Semi-Government employees. Postal Life Insurance offers high returns / bonus, but charges very low premiums compared to other private life insurance providers. Should Govt employees opt for Postal Life Insurance Policies? What are the benefits, […]
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Pradhan Mantri Jeevan Jyoti Bima Yojana Life Insurance Plan-Review In recent budget 2015-16, Finance minister has announced a new life insurance scheme Pradhan Mantri Jeevan Jyoti Bima Yojana for poor and low income group. Premium for this Govt. promoted life insurance scheme is Rs 330 per annum. What are the features of Pradhan Mantri Jeevan Jyoti Bima Yojana life insurance? […]
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How good is Bharti Axa Life Secure Income Plan? Last week, Bharti Axa life has launched a new limited plan called Bharti Axa Life Secure Income Plan with guaranteed monthly income after a period and sum assured with guaranteed additions as maturity benefit. This is a traditional insurance-cum-investment product. While there are some good features about this plan, in this […]
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Online Life Insurance-Pros and Cons of buying online life insurance Life insurance is an important aspect in an individual life. A small mistake can move your family into difficult situations in your absence. While offline insurance has been traditionally working well, introduction of online life insurance in the last couple of years is helping several individuals who keep saying they […]
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