Among the different types of life insurance policies in India, whole life insurance plans are a category which many investors have warmed upto. The reasons range from the fact that they provide life cover all through your life, as their name itself suggests to the fact that they have a savings component built into them.Read More
Should you buy LIC New Jeevan Nidhi ?
It is the time of the year when tax saving investments rule the roost. Milking the opportunity high and dry are insurance companies who come out with a slew of investment products that help in tax saving purposes. The biggest insurance company in India has come out with it’s LIC New Jeevan Nidhi insurance policy.Read More
What is surrender value and paid-up value of a life insurance policy ?
Are you stuck with a life insurance policy that you want to surrender or discontinue? Surrendering a life insurance policy is a tough job as it often means a loss of a small amount of premium in many cases. You also have the option of making your policy paid up. What is surrender value and paid-upRead More
Should you buy HUDCO tax free bonds for 2013 ?
Housing and Urban Development Corporation Limited HUDCO Tax Free bonds for 2013 are out in the market. The issue opened on Jan 9th 2013 and will end on Jan 22nd 2013. There have been 4 tax free bond issues in the recent past and all of them have been popular with investors. Details on HUDCORead More
Does a pre approved home loan make sense ?
Shrikant Bangad, 27, successful entrepreneur, was planning on getting married soon. He was keen to buy a home before the wedding. Srikant’s secret to success was his foresight and planning. He wanted to get his home loan approval in place, so that if he liked a particular property he could close the deal without delay. Read More
Is a home loan transfer right for you ?
In 2009, when teaser loans were the rage, Suhas and Namrata Joshi, a young couple from Pune, India took a teaser loan from a public sector bank at a very attractive rate of 7.5% p.a. Like most teaser loans, for the next two years the rate rose by a percentage and then after the thirdRead More