Health costs are rising fast and it has becoming increasingly difficult to cover medical expenses from your own pocket. In such a situation, a family health cover is important to meet medical expenses of your family members.
LIC Jeevan Utsav insurance plan will provide assured returns and after maturity, the policyholder will get 10 percent of the sum assured life long.
There are a number of reasons why a health insurance claim gets rejected. Policyholders can take a few measures to get the claim approved.
A loan against insurance policy can be helpful during emergencies as it offers considerably higher loan value at comparatively lower interest rates. Many LIC policies come with a loan facility and the loan amount is based on the surrender value of the policy.
Choosing between a term plan and a money back policy can be difficult as they both offer appealing benefits. However, the decision should be based on the specific needs of the insurance buyer.
Many people opt for health insurance in their 30s but they often fail to calculate the ideal sum assured or the amount that will be paid by the insurer in case of any unfortunate event.
While thorough research helps to find the best health policy in the market, there are a few factors that could cause problem for the policyholders. In India, health insurance policy holders face several issues from rejection of claim to insufficient coverage.
The focus on health insurance lately has taken a different trajectory especially post-COVID where most of us have at least understood that we should have some coverage available at all times.
Do you know the difference between a ‘Mediclaim’ and ‘Health Insurance Policy’? These two are being used interchangeably. Although, both these terms are used in the context of hospitalisation and medical expenses, they are two very different protection plans. Read this space to know how
अगर आपने कोई इंश्योरेंस पॉलिसी (Insurance Policy) ली है तो स्वाभाविक है प्रीमियम (Premium) भी जमा करते हैं. लेकिन क्या आप इसे समय पर जमा करते हैं? हां, कई बार ऐसा होता है कि कुछ खास वजहों से लोग समय पर प्रीमियम नहीं चुका पाते हैं. नतीजा यह होता है कि उनकी बीमा पॉलिसी लैप्स हो जाती है. तब इसका नुकसान भी उठाना होता है. एक तो आपको पेनाल्टी भी देनी होगी और दूसरा क्लेम के समय भी परेशानी आ सकती है.
Income Tax return (ITR) filing: Investment is essential to growing wealth with time, and one must focus on both short and long-term financial goals to secure one’s financial future.
PPF Account: In case of a change in one's residential address, premature PPF account closure is allowed but not before five years of the PPF account.
"The Life Insurance Corporation of India (LIC) Corporation regularly endeavours to provide a bouquet of life insurance products to cater to the needs of various strata of society."
This significant financial document is also required when you seek to open a bank account, filing tax, booking tickets, besides being mandatory for purchasing anything worth over Rs 50,000. Twitter
LIC New Jeevan Anand policy is a combination of protection and savings that offers attractive benefits to insurees. The combination plan provides financial protection against death throughout the lifetime of the policyholder.
LIC policyholder can check policy details, bonus, premium, nominee related information by visiting the LIC website or sending SMS at 56677.
As per the Income Tax rules, leave encashment is taxable as a salary if you receive it while in service.
Income Tax Return for FY 2019-20: The deadline for filing Income Tax Return (ITR) is approaching fast. If you are a salaried employee, you would have to file the income tax return (ITR) before the deadline to avoid penalty.
Income Tax Return filing for AY 2019-20: The process to file income tax returns for the new financial year has started. The income tax return is a form where taxpayers declare their taxable income, deductions, and tax payments.
The policy statement tells you about the policy maturity, premium paid for the policy, policy status etc and this information can also be accessed through SMS.
An investor having life insurance and accidental insurance is beneficial if he or she dies in an accident as his or her nominee can claim death claim in both policies.
To make tax compliance easier, the Income Tax Department has broken down taxpayers in various groups based on their income and source.
Income Tax on black money in India: Have you got black money? You may end up paying a big price, if yes.
LIC Jeevan Lakshya maturity calculator: Worried about your children's education or marriage? There is one LIC scheme that may end your woes at an small investment of as little as Rs 120 per day (or Rs ₹ 43,639 annually, including GST).
LIC's offers both protection and savings to High Net-worth individuals (HNIs).
It is a myth that life insurance provides only death benefits, conversely; it is much more than that. Life insurance is a risk protection vehicle through which people can insure themselves against the inability to work, set aside money for retirement or protect themselves against the loss of their assets.
Income tax returns (ITR) filing: Tax planning is a continuous and meticulous process. It is always advisable to keep things in order before the tax filing season begins.