E-policies, akin to electronically held shares, require an e-insurance Account (eIA). Centralized storage of e-policies reduces the likelihood of missing policy renewals. CAMS, Karvy, NSDL Database Management (NDML) and the Central Insurance Repository of India facilitate the electronic conversion of Read More
Term insurance is pure life cover at very reasonable premium wherein sum assured is paid by the life insurance company to the nominee on the death of insured person when the policy is in force. Buy term plan earlier as Read More
Maintaining extravagant life but investing conservatively. Failing to repay education loan earnestly and delaying it. Priority is to close education loan instead of prolonging it. Going for multiple loans at the same time impacts the ability to repay in time. Read More