Insurance Planning | myMoneySage

Here is how to avail a Loan against Life Insurance Policy/Fixed Deposits/PPF/NSC

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Here is all you need to know to get a Loan against Life Insurance Policy/Fixed Deposits/PPF/NSC: Mr. Balaji had immediate fund requirement to support his daughter’s education. He had some Fixed Deposits with his bank. He was wondering whether he has to break the FDs to arrange funds or whether he can avail any overdraft or loan facility […]

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How to claim unclaimed investments in Bank Deposits & Insurance Policies

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Here is how you can claim unclaimed investments in Bank Deposits & Insurance Policies: Mr. Anurag bought an insurance policy few years back but did not tell about the policy to any of his family member. Unfortunately, recently he passed away in a car accident leaving behind his family in a shock. As his family members

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Insurance Benefit for employees through Employee Deposit Linked Insurance Scheme (EDLI)

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Here is all about Insurance Benefit through Employee Deposit Linked Insurance Scheme (EDLI): Most of the Employees are not aware that their employer also makes a contribution towards Pension Scheme (EPS) and Employee Deposit Linked Insurance Scheme (EDLI) apart from Employee Provident Fund (EPF). EPS and EDLI are social security schemes that are clubbed with EPF.

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12 Factors that determine your Life Insurance premium

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Important determinants of your Life Insurance premium: Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximise their wealth by leveraging the power of unbiased advice Ram and Shyam, twin brothers, bought the same Life Insurance product from the same company on the same

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How much Life Insurance coverage should you buy?

Leave a Comment / Insurance Planning, Personal Finance / By KishorKumar Balpalli

Life Insurance coverage: How much do you need to buy? Life Insurance purchase decision is often regarded as an intricate process. From choosing the right insurer to determining the adequate sum assured, needs to be handled wisely. The sum assured or the life insurance coverage needs to be adequate to ensure that your dependents lead

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Health Insurance Portability: How & Why

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Importance of Health Insurance Portability: In India, the concept of portability was first introduced in the telecommunication sector. The mobile number portability made life a lot easier for the cell phone users. It permitted them to shift to a better mobile network provider without having to change their mobile phone numbers. Such a phenomenon was

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Home Insurance: Claims Settlement & Grievance Redressal

Leave a Comment / Insurance Planning, Personal Finance / By KishorKumar Balpalli

Claims Settlement & Grievance Redressal Process for Home Insurance: Home Insurance Claim Settlement Process helps you in making good the financial loss that occurred due to natural or man-made disasters. It helps you in restoring your dream home and priced possessions contained therein. It makes you resilient towards impending disasters and gives you hope to

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Home Insurance: Shield your Dream Home from calamities

Leave a Comment / Insurance Planning, Personal Finance / By KishorKumar Balpalli

Home Insurance – Protect your Dream Home from Catastrophe: It is said that “the heart is where the home is”. Your home holds a special place in your heart in addition to other beautiful things in life. You are not only financially but also emotionally attached to your home. You work so hard to buy a

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9 Important Terms that you should know before buying a Car Insurance

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9 Important terminologies that you should be knowing before you purchase a Car Insurance: Ms Suhani Arya is a successful designer who works with a leading interior décor company. She is currently managing somehow with a two-wheeler, but she desires to buy a car as she moves up the career ladder. She does a primary research and finds

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Health Insurance: 9 Important terms you should know before buying a policy

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9 important terminologies associated with Health Insurance: Mr Siddhartha Mehra is a successful finance professional who works at a leading investment consultancy. He is a workaholic by nature. This hectic work & busy schedule makes him skip meals & leaves him with no time for exercise. He feels that this hectic life may soon take

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