LIC is going to launch its Online Term Insurance Plan “LIC Tech-Term (No. 854)” on 12th July 2019. This new plan is a non-linked and non-participating term insurance plan. LIC already have few term insurance plans in its portfolio namely LIC e-Term – Pure Online term plan, LIC Amulya Jeevan – II, LIC New Jeevan […]
How much gold in investment portfolio to protect against market crash like 2008?
Buying Gold for investment purpose is not considered a good strategy because neither does the Gold gives handsome returns nor the dividend as equity investment gives. Warren Buffet has termed Investment in Gold is “Stupidity”. However, each time when the gold prices surges and market plunges, there is a talk about “hedging portfolio through Gold”. […]
Sukanya Samriddhi Yojana – Sovereign Term Deposit Scheme for Girl Child
Sukanya Samriddhi Yojana Updates Aiming to promote “Beti Bachao, Bet Padhao” campaign, The Government of India had started Sukanya Samriddhi Yojana as one of the most successful small savings scheme dedicated purely towards social security and betterment of girl child. The scheme is curated in such a manner that each and every class of person […]
Rights of an Insurance PolicyHolder in India
Insurance PolicyHolder Rights in India Insurance policyholder in India enjoys certain rights as per law. Here is a list of some of these rights. Complete knowledge of the policy/plan Insurance Regulatory and Development Authority (IRDA) has laid down the stringent instructions to be followed by the insurance company or agent to provide the complete information […]
All You Want to Know About Public Provident Fund
Highlights of Public Provident Fund Public Provident Fund, popularly known as PPF, is a savings cum tax saving instrument. It also serves as a retirement planning tool for many of those who do not have any structured pension plan covering them. Public Provident Fund account can be opened at designated post offices throughout the country […]
When to Review your Life Insurance Policy?
Life insurance policy and health insurance policy are the two major pillars of every financial planning. Absence of any of the policy will completely destroy the financial plan. But simply taking the policies are not enough, one needs to make sure that the cover or the sum assured amount is sufficient to serve the purpose. […]
Company Fixed Deposits Risks and Rules to know before Investing
Investing in Company Fixed Deposits Currently, most of the banks are offering interest rates on fixed deposits in the range of 6% to 7%. Although fixed deposits with the banks are safe, post-tax returns of the bank sometimes do not even beat the inflation rate. So it is must for the investors not to stick […]