Is there an investment opportunity in PSP Projects shares?
Is this the right time to invest in the shares of PSP Projects, a company that does construction work for the government and corporate India? How much benefit will there be from investing in this stock? What targets are experts giving regarding this stock? Watch this video to know-
There are times in life when a person comes to a point where he starts wondering if he could have taken a better decision than this. One such point in life is the decision to choose your insurance cover. Many people are not able to decide how much cover is good for them and which insurance company to choose. It is very important to choose the right knowledgeable intermediary to answer all your life insurance policy-related questions and not only guide you in choosing the right cover but also advise you on other related aspects.
If you are single then you will not need to worry much, but once you are married and have kids things will change.
Read the documents carefully
Once you have decided to invest in a particular policy, it becomes imperative to read the relevant documents carefully. You need to understand its implications and the real benefits you will get.
Don’t make mistake in filling the form
One of the most important documents that bind the contract is the offer form which requires all the columns to be properly completed by the proposer (for example existing medical conditions or habits etc.).
Background check
It is necessary to check the background of the company concerned. You can easily access the website of any life insurance company to view the policy structure, customer service capabilities, network, online platform, claim payout capability, actual settlement ratio in the past, etc.
Compare different policies
You can compare various insurance policies as well as premiums through several websites and applications. The insurance sector is very well regulated by IRDA and all companies need to maintain a solvency ratio to ensure that the customer does not suffer.
Cost of premium
After selecting the policy, you have to pay a premium to keep the policy active. This can be monthly, quarterly, or annually depending on the policy and your choice. While taking the decision you need to ensure that you will be able to pay that amount, else your policy will lapse.
Use the ‘Free Look’ period
You should exercise the option of ‘Free Look’ period to understand the cover and premium in order to take a prudent decision to continue or cancel the policy and get a full refund.