It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
The sector needs to move away from such concepts.
The shortest duration for which one can buy travel insurance is seven days.
An analysis of the National Housing Bank's Residex shows from 2007 to now, almost all tier-II cities have seen their residential property prices appreciate by 45-120 per cent.
ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
Most policies have a 30-90 days waiting period, during which you will not be able to claim any hospitalisation expense, except in case of accidents.
If not, an assessee might be charged interest for not paying TDS on time.
The interest rate on FDs hasn't changed much over the years.
Now insurance companies will train agents not only to get new business but retain existing customers.
Such a will, a cheaper and more convenient option, has to be signed by two witnesses.
ICICI Bank's new offer is for those with savings in fixed deposits but no immediate liquidity
Automobile sector accounts for the third-highest equity mutual fund contributions.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
Combination of term plans and mutual funds will provide the same benefits.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
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