Term Life Insurance Premium – Why it is not good to pay till 85 years?
Term Life Insurance Premium nowadays most people are thinking to pay till 85 years of age. I really appreciate the persons who are taking this insurance instead of traditional Endowment or Money back policies. Read this article, Why you should not buy the Unit Linked Insurance Plan for tax-free maturity purpose?… Most Investment Advisers like me advise our clients to take the term insurance till age 55 or 60. In addition, We sometimes recommend once you accumulate your targetted corpus stop paying term life insurance. So, sometimes no need for premiums till 55 years also. Now, Let’s understand with calculations …
Health Insurance Claim- Do You know can’t be rejected after 8 years?
Health Insurance Claim can not be rejected after 8 years. Yes, What you read above is right. As per IRDAI guidelines, Health Insurance Companies can not reject claims after years. If it becomes a law, then it will be a big advantage for many of us. Read the article about Arogya Sanjeevani Policy. Click this link to read. Also, read this article about health insurance. Many people are not buying insurance policy health or life, thinking that there is no guarantee that the insurance will pay the claim, when it is needed. In addition, In spite of the client has …
Net Asset Value (NAV)- What is the Definition and How to Calculate in MF?
Net Asset Value word is a very common word in MF (Mutual Fund) Account Statement. If you are a Mutual Fund Investor, then You may have seen or heard about it more frequently. In addition, NAV is the short form of Net Asset Value in the Mutual Fund Industry. Do read these articles about What is a Mutual Fund. Click this link to read. and also read the article What expense ratio in Mutual funds. Click this link to read. And also read the article about types of debt mutual funds. Click this link to read. What is the Definition …
Expense Ratio – What it is in Mutual Funds?
Expense ratio in Mutual Funds can decrease your returns. It is a common word in the Mutual Fund monthly Fact sheet when you are reading about funds information. In addition, You may have noticed that this ratio is not the same for all the funds. This ratio may be between 0.35% to 2.5% depending on the category and type of funds. In addition, If the fund category same, this ratio may be different from one mutual fund to another. This ratio exists in NPS, ULips also. But in this article, I will explain about mutual fund expense ratio for simplicity …
Arogya Sanjeevani Policy – What are its Features and Benefits?
Arogya Sanjeevani Standard Health Insurance Policy is announced by IRDAI. You may be getting a headache in understanding the features and benefits of the health insurance products available in the market. then, This Standard health insurance policy will be a solution for you. In addition, this product is labeled as “Arogya Sanjeevani Policy <Name of the Insurer>. For example, If Star Health is offering this Policy, then it called an Arogya Sanjeevani Policy Star Health. This product is not company-specific. In addition, this policy features and benefits are universal and standardized. As a result of this, you can easily understand …
CII – What it is? and How to calculate tax with it?
CII full form is the Cost Inflation Index. We can calculate the capital gain tax on real estate, gold, and debt mutual fund with CII. can you guess these numbers 100,105,109? Here, I am not asking you to do any calculations. The above numbers belong to the CII table. In addition, the above numbers belong to the Cost Inflation Index for the financial year 2001-2002, 2002-2003, and 2003-2004 respectively. Moreover, When you sell, these numbers will help you in not paying higher taxes on your real estate, gold, and debt mutual funds, Now, Let’s learn that How we can save …
Credit Card – How it will make money ?
You many been receiving calls asking you to take Credit Card. Do You know how they will make money? They offer 50 days of interest-free credit to you. In addition, Credit Card companies issue lakhs credit cards to the people. Moreover, these companies will make money on the basis of a lack of self-control of the people. I will tell you different ways that the credit card of the Bank will make money. 1) Interest Rate Charged by the Bank Credit Card … A large portion of the income for the credit card companies comes from the interest paid on …
Mutual Fund Meaning, What is its strong Structure?
Mutual Fund meaning is very simple. These funds will have a strong structure, pool investor’s money, having the aim to get profit from various assets like stocks. Asset Management Company is another name for Mutual Fund. Under Standing Mutual Fund meaning?… We all earn money. In addition, we would like to save or invest our money in asset classes like equity, real estate, and gold, etc. But many of us do not have the expertise to do research and then invest. yes, you can get experts who can guide you to invest in the above asset classes But their services …
Poor – Why Life Insurance Agents will become in India ?
Life Insurance Agents in India will become Poor. Don’t you believe me, then read this entire article to understand why? Just before I have stopped my career as Life Insurance Agent 8 years back in LIC Of India, I had seen a hoarding at a famous junction in my City. Hoarding had the following Catchy Head Line. ” Become a Lic Agent” to earn income in lakhs“. In addition, The Hoarding stated that the retired employees, housewives, teachers, and fresh graduates, etc can become a part/full-time Lic Agents to earn huge money as per their need. Moreover, That Hoarding …
Business – What is the best way to do to get profit ?
Business People, If I ask them why You are doing Business instead of putting money in a Bank Fd? They used to reply to get a profit. Why People do business instead of keeping their money in Bank Fd? Then, they used to give me an answer that they are doing it to get more profit. But this is not the right answer. People do biz in order to get more return over and above inflation. Why because of inflation money will lose it’s purchasing power. Read this article to understand inflation and its impacts on the purchasing power of …
