Endowment policies as well as Whole Life Insurance policies both are permanent life insurance plans. Whole life insurance plans are a kind of Term Plan. It covers policyholders till the age 100, as long as the premium is paid on time.
If your age criteria fulfills, your policy will be guaranteed approved. Age required 66 to 85. Here it doesn’t matter of your medical history. Just you need to ask some health questions to get the rate and it makes an easy approval guaranteed for life.
The investing stock market scares everybody, not only to you. Those who have little financial knowledge are either horrified by losing a great chunk of their portfolio or overwhelmed by hot tips to make more money. Either ‘Greed’ or ‘Fear’, anyone must be present in the stock market, it moves one to another.
The human Life Value approach is the method of calculating the amount of Insurance value required for a family’s financial loss, if the bread winner of the family were to die today.
The investment era is extremely evolving and dynamic. It needs to be understood by the basic principles and different asset classes thoroughly, then one can make significant benefits out of long-term investments.
Non-convertible Debentures are debt instruments that are issued by companies to raise long-term capital. NCDs work at a fixed rate and have a fixed tenure of time.
Debt Mutual Funds are less risky funds. It generates money by lending your money to the corporates and Government, including treasury bills, debentures, corporate bonds, commercial papers etc.
In India, Small Cap Equity Funds invest in the smallest companies. Generally, these companies are beyond Top 250 companies. These companies are very volatile in nature and also make losses in the short to medium term. But give good returns.
Could you tell me when you last paid your CAR Insurance ? You might not remember the date / month. Yes it might be, due to a lot of workload you bear in your busy life. But Check-it-out now, so that it would not create financial hazards and other consequences that come along.
Term insurance is an insurance product which offers life coverage.to the insured. An Endowment plan is an insurance product consisting of both life coverage and investment. It is good to have insurance coverage, which protects your family’s financial loss in your absence.
Emergency Fund means money kept somewhere which can be used at the time of an emergency. The purpose of an Emergency Fund is to develop financial security by creating a safety account that can be used for unexpected expenses, such as illness or major home expenses.
There is a 100% online process for buying. Instead of visiting Doctors and Path Labs for Medical Exams or Blood Test, just some health questions will give solutions. It gives you a policy in minutes rather than what traditionally took weeks of waiting. The reason you bought the insurance is your first priority.
An NFT is a digital asset, which represents real objects like music, art,videos,game items etc.It is easily bought and sold online in Cryptocurrency..NFTs encoded with similar crypto software.It exists on blockchain technology which is a distributed public ledger that records various transactions.
In Canada, there is an unemployment insurance program, called Employment Insurance. It provides individuals, a temporary financial assistance, who recently lost their jobs. Employment Insurance available for individuals who are seriously ill family members or caring for young children.
Nobody can prevent the unexpected from happening. but sometimes you can protect your family from the worst financial situations. Insurance can protect your family from this kind of situation.
Decentralized Finance is a Financial technology used by cryptocurrency. This is based on a secure distributed ledger. This system doesn’t come under control of any Bank, financial institutions etc.
Investing in Fixed Deposits for a long term basis is good but if someone needs it in the mid term of the maturity, what will you do ? Here the Money-Back policy will help you a lot. As the name suggests, the payouts come periodically on a regular basis. At maturity, you may get the lump sum amount. A Money-Back plan gives you a solution of liquidity.
Travel insurance covers the costs and losses incurred at the time of traveling. It is very beneficial for those who travel abroad as well as domestically.
There are many common things you can find in Mutual Funds and ETFs. It gives a good diversification opportunity to invest from both Mutual Funds and ETFs as they consist of many different assets. Though they are having similarities, they are having many differences. The major difference is ETFs can be traded on Intraday but Mutual Funds can be purchased at the end of each trading day only.
In daily financial life, nobody knows when you need to borrow money to pay certain items as your current cash level just may not cover it. This can be financing your large item like any medical emergency or paying off any credit card debt. it’s a situation , you should make a loan and also many financial institutions are there to provide it.So it can be an unsecured personal loan.
Savings account is the most useful account among the majority of people. It is an account, which can be used for many purposes. Many types of Savings accounts are provided by different banks. Saving Account is the first and starting relation with banks for many helpful transactions
Home insurance is a type of property insurance, which covers all types of losses or damages to the individual’s residential property, other assets and furnishings as well.
Women are making remarkable changes in their homes, workplaces and in their communities. But women are still at disadvantages when it comes to wealth wellness.
