LIC has recently launched their new single Premium Pension plan called ‘ LIC Jeevan Shanti’ (LIC Plan No. 850). It offers the guaranteed pension to the policyholder, with options like an immediate pension or deferred pension. “What is a Single Premium Plan? – It is the insurance policy where you pay insurance only in the first year […]
Insurance
7 major reasons why you need Travel Insurance while travelling abroad!
Although travelling to a new place can be very exciting, lack of proper planning can put one in peril in a foreign country. A lot might occur during the travel which can be beyond one’s control. Losing one’s passport and baggage, encountering a medical emergency or getting trapped in a natural calamity are only a […]
HDFC Ergo my:health Medisure Super Top Up Health Insurance Plan : Features, Benefits & Review
Life is an unpredictable journey. It can take sharp, fatal turn at moments, which are capable of leaving one physically, mentally, emotionally and financially bruised. Many of us ignore buying a personal Health Insurance plan (Mediclaim). Most of us also think that the mediclaim coverage provided by the employer (if salaried) is sufficient enough to […]
Checklist For Attaining Lifelong Financial Fitness
“Eventually, what are you going to do with all that money in the world?” Well, a lot! While some may argue money doesn’t buy happiness, we fail to understand that most of our life is chronicled around either earning or spending money. Happiness comes in different forms – Buying a dream home, providing the best […]
LIC Bima Shree – New Moneyback Plan | Features, Review & Returns Calculation
LIC is proposing to launch its new MONEY-BACK plan called LIC Bima Shree (Plan no.848) on 16th March, 2018. Bima Shree is a Non linked, Money back, Limited premium payment with guaranteed additions plan. This plan is almost similar to LIC’s recently launched plan i.e., Jeevan Shiromani. What are Money-back policies? – They provides life coverage during the […]
Income Tax Deductions List FY 2018-19 | List of important Income Tax Exemptions for AY 2019-20
Budget 2018-19 & the Finance Bill 2018 have been tabled in Parliament. The Income Tax Slab rates have been kept unchanged by the Finance Minister for the Financial Year 2018-19 (Assessment Year 2019-2020). Tax planning is an important part of a financial plan. Whether you are a salaried individual, a professional or a businessman, you can […]