If the insurer doesn't resolve the problem within the stipulated timeline, policyholders can turn to Irdai for instant help.
Non-renewal of home insurance policy leads to zero coverage. Oncethe existing tenor is over, the insured is no longer covered by the company’s policy.
ULIPs also ensure financial compensation to the policyholder's family in case of sudden death. In return, the insurer levies a mortality charge.
Govt pensioners must submit their life certificate at the nearest bank or post office between November 1 to Novemebr 30 every year.
Life insurance claims are increasingly being accepted online by insurers. This includes diigtal mediums like emails and WhatsApp.
State Bank of India's Kavach Personal Loan is exclusively meant to offer instant personal loans (Rs 25,000 to Rs 5 lakhs) to Covid positive patients.
The premium for senior citizen's health insurance policies will always higher than those for younger people.
Form D is required to be filled and submitted to the bank/post authorities where the PPF account is held to apply for loan against PPF.
Critical illness plans are most effective when bought early. The health risks are minimal when you're young and will thus fetch you a low cost cover.
The Hurun India list names the richest individuals in the country having a wealth of Rs 1,000 crore or more as of September 15, 2021.