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Articles from bindhu singh | Selfgrowth.com
- Options for Revival of Lapsed LIC Policies - by Submitted on Nov 28, 2018 from bindhu singhAn LIC policy is considered to be lapsed if premiums are not paid within the grace period set by the company. If a policy is lapsed, the coverage become void until it is revived by the policyholder. LIC allows different types of revival options for policyholders to activate their policies. In ...
Views: 576 - Cancer Insurance Plans: What you should focus on - by Submitted on Oct 24, 2018 from bindhu singhCancer is one of the most dreaded health conditions in the world today. As reported by Economic Times, a recent study revealed that the number of incidents of cancer is expected to go up from 14 lakh in the year 2016 to 17.3 lakh in the year 2020 in India. Various factors can lead to cancer. ...
Views: 617 - IT Returns filing: 6 key deductions allowed for all salaried individuals - by Submitted on Oct 29, 2018 from bindhu singhThe Income Tax Department of India has made it mandatory to file income tax returns for those earning above Rs.2.5 lakh per annum. For most salary earners in the country, income tax still remains a big expense they have to shell out every year. While losing your hard-earned money on taxes might ...
Views: 459 - Tips to purchase the right term insurance plan - by Submitted on Oct 29, 2018 from bindhu singhTerm insurance is considered to be one of the purest forms of insurance. A term insurance plan provides cover and ensures that the future of your loved ones is safe and secure. Purchasing a term insurance plan can be a great investment considering that it provides you with peace of mind and in ...
Views: 687 - 5 reasons why investing in ULIPs is a good option - by Submitted on Oct 29, 2018 from bindhu singhA unit linked insurance plan, popularly known as ULIP, is one of the life insurance options offered by most insurance companies in the market. This is a hybrid product that combines the benefits of insurance and investment under a single scheme. ULIPs are available in flexible options based on ...
Views: 665 - Things To Consider When Purchasing Term Insurance - by Submitted on Oct 29, 2018 from bindhu singhTerm Insurance can be called the purest form of insurance since it provides protective cover to its customers. If a person has a tight budget or has immediate financial liabilities to take care of, purchasing a term insurance can be ideal since the plan is cheap. However, one must not simply ...
Views: 620 - Top 6 Term Insurance Plans in India - by Submitted on Jun 06, 2018 from bindhu singhTerm insurance plans have become a popular choice for many, thanks to the affordable premium rates and high coverage offered by these plans. Since term insurance plans are purely protection-oriented, they only offer a death benefit to the nominee upon the policyholder’s death. Thus, the ...
Views: 706 - How to Customise your Term Insurance Plan with Riders - by Submitted on Oct 29, 2018 from bindhu singhA term insurance policy is a must-have if you want to provide financial security to your dependents without paying a high premium for the risk cover. Since these policies do not acquire a cash value, they are typically offered at a lower premium. While term insurance policies provide a ...
Views: 656 - Five Things to Keep in Mind before you Purchase a ULIP - by Submitted on Apr 26, 2018 from bindhu singhULIPs have grown to become a popular investment option for a large number of investors these days. The trend is only set to continue on an upward trajectory as more and more insurance companies are coming up with unique propositions to lure customers. What was earlier seen as a rather expensive ...
Views: 661 - Importance of Term Insurance Plans for Automobile Enthusiasts - by Submitted on Oct 26, 2018 from bindhu singhIt is essential for every individual to cover his/her risk so as to make sure his/her dependents are not stranded when he/she is not around to financially support them. While it is imperative for everyone to get a life insurance policy, it is particularly important for auto fanatics to get a ...
Views: 794 - Why is it a good idea to invest in child insurance plan - by Submitted on Mar 06, 2018 from bindhu singhIn this day and age, it is the duty of every parent to secure the financial future of his/her child. While a term insurance plan takes care of the needs of a whole family, child insurance plans are designed with the sole purpose of securing the financial future of the insured’s children. These ...
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