2022 Guide On Top 7 Differences Between Annuity And Life Insurance

Life is full of surprises. Understanding and planning before any unforeseen events give you the benefit of financial stability. Knowing your financial requirements and retirement plans can give you an upper hand in choosing the optimal insurance scheme. Both life and annuity insurance are great long-term insurance schemes. However, they differ in their meanings, benefits, …

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Cost Inflation Index FY 2021-22

The cost of inflation index (CII) for the financial year 2021-22 has been notified by the Ministry of Finance. The ministry has set the Cost Inflation Index FY 202-22 as 317. For the previous FY 2020-21, CII value was 301. The rate of inflation for indexation purposes is specified by the Indian Government for every …

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Does Life Insurance Pay For Suicidal Death: Suicide Cover In India

Life insurances are your safety protocols. They are to support the family after their family member’s demise financially. But what if the insured individual dies by suicide? Will the assured sum still be paid to their family? Does life insurance pay for suicidal death in India? Most policies cover suicidal deaths also. However, the death …

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Why Insurance Is A Must-Have For Your Investment Portfolio

Why Insurance Is A Must-Have For Your Investment Portfolio Mohit Pachouri Tue, 07/05/2022 – 10:43 Press Image News Date Tue, 07/05/2022 – 12:00 Insurance is one of the primary aspects that people should take into consideration while building their investment portfolio. However, insurance needs may vary drastically from individual to individual, and it requires meticulous …

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Top 6 Differences Between Nomination And Assignment In Insurance

Difference between nomination and assignment  In life insurance products, two terms assignment and nomination are frequently used. While not many may understand them, it is imperative to know the meaning and the difference between assignment and nomination before purchasing any insurance plan.  The primary difference is about policy ownership. While in nomination, the policy owner …

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Safety Abroad: Always Buy Travel Insurance For Your Foreign Trips

Safety Abroad: Always Buy Travel Insurance For Your Foreign Trips Mohit Pachouri Tue, 07/05/2022 – 12:08 Press Image News Date Tue, 07/05/2022 – 12:00 With the end of the pandemic-induced pause on all forms of leisure travel, a number of Indians are now raring to go on a foreign trip. However, travelling to another country …

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YSR Pension Eligibility Criteria, Benefits & Types

Introduction to YSR Pension Kanuka Y.S.Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh announced YSR Kanuka Pension Scheme in June 2019. YSR Pension Scheme has been launched by the state government of Andhra Pradesh for providing financial help to vulnerable sections of society. The vulnerable sections of the society include old age people, disabled …

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