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Life Insurance

Tax Benefits of Life Insurance Policy

Tax Benefits of Life Insurance Policy Tax laws are subject to modifications from time to time. Before making any decisions based on the information below, please consult your tax advisor for more information. Life Insurance Plans That Save You Money life insurance policies are useful tax planning tools...
Facts you need to know about Health Insurance Portability

Health Insurance Portability in India

Facts you need to know about Health Insurance Portability in India. The demand for healthcare facilities has been gradually growing in recent years. And so, the number of insurance companies in India has increased in response to the rising demand for health insurance. These days, if you...
Tax Benefit on Term Plan

Tax Benefit on Term Plan

Who is eligible for tax benefits? Policyholders do not receive tax benefits on their own. In reality, the tax exemptions favour the policyholders' dependents as well. Benefits of the Income Tax Act under Section 80C Term insurance policy premium must be paid on a regular basis. The...
Retirement planning

Best Tips and Practices for Retirement Planning

Many people are not familiar with the concept of retirement planning. Retirement isn't just about relaxing in an armchair sipping morning tea; it's about much more. A wise and secure investment plan is necessary for a comfortable life after retirement. No matter whether you're still...
Gst impact : Insurance Premium

GST impact: Insurance premium, bank charges to increase

GST has affected personal finances, especially financial services since GST on banking, insurance, and investment has increased the tax rate from 15% to 18%. Impact of GST GST has affected various sectors as discussed below :   GST and Insurance Applicability of service tax in payment is totally different on life assurance products like insurance plans such as...
Marine Insurance

Different Types of Marine Insurance & Marine Insurance Policies

Marine Insurance is extremely wide and consists of marine insurance and myriad types of marine insurance policies depending upon the transporter's necessities, desires, and specifications. NEED FOR MARINE INSURANCE Maritime insurance is obligatory for ships and ship owners to manage the chance of any unfortunate event...
Step By Step Guide To Choosing Perfect Term Plan

Step by Step guide to choosing the perfect term plan

With responsibility comes the need for providing financial protection to the family. The term plan insurance provides financial protection through sum assured to the family members in case of any unfortunate event. Features of a best term insurance plan for family. Consider the following points when selecting...
Term Insurance

Advantage of term insurance over other types of life insurance

Many people have invested in investment plans with the high premium which gives certain benefits and a lump sum amount on the death of policyholders or completion of the policy term. But is it sufficient to invest in an endowment plan which gives good insurance...
wealth management adviser

What does a Wealth Management adviser do and how can they help you?

Our focus is diverted by our daily tasks that we could not get the time to think about the bigger things in life. For instance, will you have enough funds at the time of retirement? Or should you take early retirement? Whether you will stay at...