Why homemakers also need a term insurance plan?

Why homemakers also need a term insurance plan?

Term insurance plans cover pure risk and provide a substantial life insurance cover for a nominal amount. In the industry, these plans are commonly positioned as a safeguard for the breadwinner of the family against life’s unfortunate circumstances such as death or disability.

18/08/2022

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LIC launches special campaign for policyholders to revive lapsed policies

LIC launches special campaign for policyholders to revive lapsed policies

LIC gives a unique opportunity for policyholders to revive their lapsed policies,’ the insurance behemoth tweeted.

17/08/2022

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5 things to know about multi-year health insurance plans

5 things to know about multi-year health insurance plans

Multi-year policies are a great way to top up your savings and strengthen the financial safety net that health insurance provides.

03/08/2022

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How can a Super Top-Up health insurance plan help you amid rise in medical inflation?

How can a Super Top-Up health insurance plan help you amid rise in medical inflation?

To ensure that the hospital bills are paid in full by the insurer in spite of your basic health insurance plan falling short in meeting the hospital bill amount, you need to have a Super Top-Up plan.

02/08/2022

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Health insurance: Should you buy a critical illness insurance policy?

Health insurance: Should you buy a critical illness insurance policy?

Insurers provide a free look period of 15 days starting from the date of receipt of the critical illness policy document.

01/08/2022

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ITR Due Date: Have a refund, but failed to file Income Tax Return on time? Know the consequences

ITR Due Date: Have a refund, but failed to file Income Tax Return on time? Know the consequences

If a taxpayer has paid excess tax, but fails to file the ITR within the due date, the first question that comes to his/her mind is, if he/she will be able to get the refund.

01/08/2022

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ITR filing: These tax benefits are available on life insurance policies

ITR filing: These tax benefits are available on life insurance policies

If a policyholder has paid a premium on life insurance to insure his or her life or on the life of the spouse or any child of the assessee and in the case of HUF, then such premiums paid are eligible for benefit under section 80C.

25/07/2022

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Tax Talk: Know when income tax return form ITR-1 is not for you

Tax Talk: Know when income tax return form ITR-1 is not for you

It is no doubt that ITR-1 is the most popular income tax return form. As per the data available on the income tax department website, over the past three years, out of the total income tax returns (ITRs) e-filed, more than 45% have been in ITR-1.

20/07/2022

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Life Insurance: Why you need a term plan

Life Insurance: Why you need a term plan

As buying a life insurance plan is for protecting one’s family in the long run, the policyholder should go for an an adequate sum assured, pay the premium on time, know the surrender value and the various riders such as critical illnesses, permanent disability, accidental death benefit associated with it.

20/07/2022

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