Mutual Fund is among one of the best investment options for the long term. You might have noticed that many fund houses are now offering free Insurance along with mutual fund SIP. The basic idea behind this offer is to increase investment in Mutual Funds by attracting more investors. Recently I received an e-mail from […]
Do you know that, your health insurance premium may depend on your city? Yes, there is something called as “Zone based premium” in health insurance industry which I will share in this article today. For instance, premium amount for a person aged 30 years, living in Delhi, might be higher than the person of same […]
Why understanding benefit illustration is important when buying life insurance? A life insurance benefit illustration (BI) is a set of projections, prepared by the actuaries of the insurance company. The BI basically shows how your (policyholders’) insurance policy fund/money invested will perform over a period of time. Mis-selling in the insurance sector is rampant where […]
No charges on digital payments made to large biz establishments from Nov 1 FM Nirmala Sitharaman had said business establishments with annual turnover of more than 50 crore should offer low cost digital modes of payment to their customers and the RBI and banks should absorb cost of transactions. The government on Friday said banks […]
A pre-existing disease is a condition, ailment or injury that already exists at the time you buy a health insurance policy. IRDAI has modified the definition of pre-existing diseases, to include any disease diagnosed within three months of purchasing a health insurance policy. This change was included in the guidelines on standardisation in health insurance […]
