What Role Does An Underwriter Play?
Mini Balakrishnan
Underwriters are an integral part of the life insurance industry. They evaluate the risks associated with providing life insurance coverage and determine the premiums that should be charged to cover those risks. When an individual applies for a life insurance policy, an underwriter must review the application and decide whether to approve coverage and at […]
What To Know About Child Education Insurance Plans
Mini Balakrishnan
As parents, we want nothing but the best for our children, and the soaring expense of higher education is a major cause of anxiety. As a result, many parents are looking at ways to save money for their children’s education, with child education insurance plans being a common choice. A Child Education Plan aims to […]
Guide to Sukanya Samriddhi Yojana: Benefits and Eligibility
Mini Balakrishnan
On January 22, 2015, Prime Minister Narendra Modi unveiled the Sukanya Samriddhi Yojana program at Panipat, Haryana. The program seeks to improve the lives of girls throughout the country by ending practices such as sex assignment and discrimination based on gender, as well as by ensuring their safety and encouraging their increased engagement in society […]
Guide to ULIPs: Unit-Linked Insurance Plans, Fees, and Benefits
Mini Balakrishnan
A select few categories get all the attention when people talk about investing to save money on taxes under Section 80C of the Income Tax Act. Among these are the Sukanya Samriddhi Yojana, the Employee Provident Fund (EPF), the Public Provident Fund (PPF), the National Pension System (NPS), and the Equity Linked Savings Schemes (ELSS). […]
Employee Provident Fund (EPF): Benefits and Claim Process
Mini Balakrishnan
The Employee Provident Fund (EPF) is an employee fund administered by the Employee Provident Fund Organisation of India (EPFO). It requires both the employee and the employer to pay a certain sum of money at regular intervals. The part of your pay that does not go directly into your hands is something you likely already […]
National Pension Scheme- NPS Features & Benefits
Mini Balakrishnan
When you think about retirement, many significant things come to mind. If one is willing to put in the effort, one can achieve any of these goals. Retirement planning is unique among all of life’s monetary considerations. In retirement, there is no longer any need to work to make money; you no longer have any […]
How to Secure Health Insurance When Changing Jobs
Mini Balakrishnan
If you are having a group health plan it means that your employer pays the policy premium for you. But what happens when you decide to move to a different job? As you might know, the employee group health insurance or the employee insurance is valid only till the employee stays with the company that […]
How Insurance Can Protect Your Assets Against Natural Calamities
Mini Balakrishnan
Natural calamities, in general, are unexpected events caused by nature itself including events like earthquakes, floods, cyclones, landslides, tornadoes, hurricanes, storms, etc. which have an impact on a lot of sufferings, deaths, and damages. Unfortunately, mankind has mingled with nature in such a way that nature has started reacting in these ways including climate changes, […]
Why Buying Term Insurance Early Is Always a Smart Move
Mini Balakrishnan
When is the right time to secure the financial security of your loved ones? “As soon as possible” is perhaps the best way to answer this question. In the wake of recent global pandemics, it is clearer than ever that having a good life insurance policy is an absolute must. Purchasing a life insurance policy […]
Explore the Top Investment Plans for Maximum Returns
Mini Balakrishnan
The primary aspect to focus on while making any kind of investment in your insurance plans is to make sure it is worthy to clear off your debts if any and to help in your large financial expenditure like paying for your child’s education, marriage or even for your retirement financial management. Hence you need […]
