Category: Insurance
8 Benefits of Buying Car Insurance Online
Over the past few years, the number of cars on roads has increased significantly. With the increase in the number of vehicles, comes the rise in the number of accidents in India. This is why having a motor insurance policy is mandatory in India. Today, it has become easy to buy car insurance online from anywhere in very simple steps. However, some people are skeptical about buying insurance online due…
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Questions to Ask Your Insurance Provider Before Getting Life Insurance
When you decide to buy life insurance, it can be intimidating to make several decisions that are associated with it. Even though it feels overwhelming in the beginning, once you ask questions, you will understand what it offers. It is important that when you are buying life insurance; you go with a clear head with no doubts. Here are a few questions that you would have to ask your insurance…
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How Do Home Insurance Comparison Tools Work?
Insurance companies sell several insurance policies, including health, life, and homeowners insurance. Consumers use home insurance to protect themselves from financial hardships due to unforeseen circumstances, such as wind storms or car accidents. When you buy property, you must acquire a suitable home insurance policy. Lenders who finance mortgages require mortgage holders to have homeowners insurance. Fortunately, home insurance comparison tools simplify the process of identifying suitable home insurance companies…
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What is the difference between comprehensive and third-party car insurance?
As we reach newer heights of success, we like to indulge ourselves and buy things that we work hard for. Your hard-earned money deserves to be protected and insurance is an effective tool that can be used. Cars are considered more than just tools by owners and are empowering to say the least. With the constant evolution of cars, streets are getting smaller. Since the number has increased considerably, the…
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Mudra loan NPAs up by 8% in Q3
The pandemic had caused a severe plummet in economic growth all around the country. It had led to the slowdown of several micro and small businesses during the financial year. However, Non-Performing Assets (NPAs) that were a part of the PMMY scheme rose by 8% during the December quarter in 2020. The valuation of Non-Performing Assets (NPAs) went from Rs. 526.32 Crores to Rs. 567.9 Crores. In addition to the…
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J&K approves Rs 2L interest-free loan for PMAY-U beneficiaries
The PMAY or Pradhan Mantra Awas Yojana is a special scheme that is aimed to help promote homeownership among the citizens of the country. Specially curated for first-time homebuyers, the scheme enables beneficiaries to enjoy subsidy on a home purchase. PMAY was initiated in 2015 and has progressively helped a large number of homebuyers attain their dream through affordable housing. PMAY-U or Urban is a component listed under the scheme…
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Advantages For Married Couples For Availing a Joint Home Loan
Purchasing a house is one of the most important steps a couple can take. Since it’s a big decision, it’s best to be prudent about every tiny detail involving the purchase decision. Besides the happiness of co-owning a home with the person you love, a joint home loan also has many financial benefits. Let’s have a look at a few. 1. Enhanced home loan eligibility A married couple has a…
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Is It Advisable To Buy All Your General Insurance From A Single Provider?
General insurance is a broad category of several insurance types that are separate from the life insurance segment. Some of the most common general insurance types are – health insurance, home insurance, two-wheeler and four-wheeler insurance, and to a certain extent, travel insurance. When searching for any one of these, you must have noticed that the other forms of general insurance are also provided by the same insurer. This raises…
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What Would You Do Differently Next Pandemic With Regards To Securing Income Protection?
The global financial and commercial impacts of the coronavirus pandemic have starkly exposed the fragility of our modern economy. Within four months of the first cases being identified in China in November 2019, most countries had entered some form of lock down, domestic and international travel had been virtually brought to a standstill and businesses around the world were laying off staff and, in many cases, collapsing. The impacts on…
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