Articles

What is nomination? Nomination is a service that allows people to name someone else as the beneficiary of a deposit account, investment, or safe deposit locker in the event that the original depositor, investor, or locker holder passes away. This beneficiary can then receive the funds from the account, investment, or locker. If you want…

What is exactly a hit-and-run case? A hit-and-run accident occurs when a driver hits another car, pedestrian, or property and drives away without exchanging insurance information, helping the wounded, etc. In this case, the driver leaves the accident site without sharing insurance information or contacting the police. What should you do when you become a…

Welcoming a new member of your family is the most joyous experience, right? But, for some couples, parenthood is challenging. The blame goes to infertility which prevents a couple from conceiving a child. It is such a heartbreaking situation. Fortunately, IVF treatment has become the solution to it. But, not everyone can afford it as…

Within India, the availability of four-wheelers is quickly growing. When purchasing a car in India, you should obtain car insurance. That being said, the good news is that most insurance companies offer NCB perks to their customers. What does NCB even mean? And how can you protect it? Keep reading to know the answers. An…

Taking responsibility for each other after marriage is the key to having a happy life. Not only social duties but also managing finances has become a crucial part. So, it is always better to think about everything early so that you both can prepare for your future. Proper planning will ensure that you both are…

Everyone needs financial planning to maintain the economy, regardless of work type. Financial planning may provide monetary security in uncertain times. Due to their unpredictable income, self-employed and freelancers should create a financial strategy. 5 best financial tips for both self-employed and freelancers Here are some essential financial plan steps: Make an individual business account:…

The loan against the life insurance policy is a convenient way to have a high-ticket credit. This type of loan is considered to be a secured loan. This is a financial contract between lenders and individual borrowers. Lending institutions offer a loan amount depending on the surrender value of the existing policy. Also, the interest…

A comprehensive car or motor insurance policy shields your car against theft. But, it never covers the loss of the personal items inside the car when it is stolen. So, there is a way to protect your belongings too. But, it comes with an extra charge. It means you have to pay an additional premium…

Do you know that now many insurers allow policyholders to revive their insurance policy? This sudden change encouraged more people to continue their risk coverage. The policyholders are given a 2-year grace period after missing a premium payment for renewing their policy. So, reviving that lapsed policy is now possible. What Is Policy Lapsation? Whenever…