As monsoon picks up, be ready to drive through water-logged areas and mushy roads. Since motor accidents typically see a rise during rains, motor claims also move up.
The onus is on you to reject financial products that don't suit your needs.
After the policy gets paid up, opt for ETI plan if you wish to extend your life cover or take the reduced paid-up if you need cash in hand
Three or four accounts are enough for one family. Having more increases paperwork and can be misused as well.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Interview with chief investment strategist, Reliance Capital.
Interview with Richard Rekhy, chief executive officer of KPMG India.
Covering your own damage, especially if the vehicle is old, is very important
It will improve the purchasing power of many buyers, but high interest payout will be a deterrent.
Insurers have introduced new profiling parameters such as marital status, income and even ownership of flat.
Top-up insurance is important as it can help fill the gap when companies opt for co-payment for dependents.
There are host of policies one needs to manage. These include property, business continuation, health, and life.
Installing good anti-theft devices can reduce your premium by 2-3%.
The rent for a small unit in a commercial area may earn much more than a big property in the outskirts
Lenders offer both fixed and floating rates and the period usually varies between three and five years.
Though there are many options, tread with caution even after you understand the business.
These products contribute almost 20 per cent to the total premium collection of life insurers.
In the past month, when the Essel Group started picking up shares of the company, IVRCL's stock has risen 31 per cent, a rare feat in a market where infrastructure stocks have been suffering due to slow movement in projects and high interest burden.
There could possibly be some reduction in home/auto loan outgo.