Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
A massive fire that ripped through a seven-storey shopping mall in Dhaka overnight killed at least 46 people and injured 22 others, the government said on Friday, in one of the worst infernos to hit Bangladesh in recent years.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
When large companies fall into financial difficulties, it always amazes me to see where they turn first for help in overcoming their problems -- to their hourly workers and other frontline employees, who are asked to take pay cuts and reductions in benefits such as health insurance and pensions.
Wait till these are refiled as it will give you added benefits.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
Surprised? Well, old age is no more associated with uncertainties with insurance companies coming out with specific plans for this segment!
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
The Budget has increased the limit of deduction for medical expenditure in respect of certain critical illness
With no apparent wave on the ground or pressing everyday issues, that's what it boils down for voters as Rajasthan readies for assembly polls this week.
Take these factors into consideration before buying a healthcare policy
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Why are family floater plans so very important? Anil Rego answered readers' queries in an online chat on October 7
The new Insurance Bill will boost investment in the sector
Tenants insurance offers a person living in a rented house cover against losses arising from theft, fire and natural calamities, among other things.
You are charged the same premium and also enjoy continuity benefits
The order eases restrictions that the Affordable Care Act (placed on the individual health insurance market).
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
If you quit or change jobs in your 40s, buying an individual term plan will be expensive. You might not even get one if you have health problems, says Priya Nair
Ayushman Bharat aims at providing a cover of Rs 5 lakh per family annually and is aimed at benefitting more than 10 crore poor families across the country.
Health portability came into force this month. However, financial planner Gajendra Kothari is advising health insurance clients to wait and watch before shifting one's insurer.
As many as 11 newspersons have died of the infection in Odisha since the beginning of the pandemic, sources said.
Health insurance has become a modern day necessity. Hence, it is vital that we understand how it works to make the best of it.
'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Currently, the select committee is considering the Bill.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
We want to know from you, dear readers, what you think about Jaitley's budget.
Study reveals alarming trend.
Since 1993, when the BJP came to power after a stint of President's rule, the state has alternated between the Congress and the BJP.
Launching the Ayushman Bharat scheme via a video-conference to extend health insurance benefits to all residents of Jammu and Kashmir, he said the three-tier panchayat system has fully taken shape in the UT, describing it as a realisation of Mahatma Gandhi's dream of 'gram swaraj' (village self-rule).
The product, named Saral Suraksha Bima, will have a maximum sum assured of Rs 1 crore and minimum Rs 2.5 lakh.
Addressing a party rally in Rajasthan, Gandhi also flayed the BJP over the situation in ethnic strife-torn Manipur and said the ideology of the BJP has set the northeastern state on fire.
In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian cancer, uterine cancer and other related health issues. However, lawsuits filed against its third international subsidiary Namaste Laboratories LLC, would continue before the US District Court for the Northern District of Illinois, according to a statement from Dabur on Wednesday. Dabur International and Dermoviva were removed and got relief in the multiple suits due to lack of jurisdiction as they have not either manufactured, marketed, distributed or sold hair relaxer products in the US, it added.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
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