The notification shall replace present insurance limits in Motor Vehicle Amendment Bill, 2016 and shall come into effect once the Bill is passed by Rajya Sabha.
Growing levels of financial literacy makes many individuals consider it and the online availability adds to the accessibility of the accident covers.
One can foresee that the short-term impact on GDP, triggered by demonetization, and the impending elections in four states of the country, will majorly impact the policies of this year‘s budget
Over 300 construction sites were penalised for violating dust pollution norms in Delhi, although the drive against open burning of waste did not gather as much steam. Analysis of data shared by the Delhi R
When Anmol Prabhakar wanted to buy some furniture online for his new home, he realised that he would be unable to get the delivery of his purchase, as his home in Noida Extension did R
This festive season could bring with it a big turnaround for the general insurance space. At least, general insurance companies are hoping it does. One reason for this optimism is the sudden spike in accident insurance by event organizers in the on-going festive season.
India scored 72.8 percent on an average that‘s considerably better than the regional sector‘s score of 65.3 percent. The assessment presents a comprehensive overview of India‘s over all wellbeing.
Basically, ageing is more of a social construct than a biological stage, and interestingly enough, the definition of being old increases by age. While the age group of 25-29 consider people within 50-56 as seniors, those above 60 think 70 is the age when one actually becomes old.
Indian professionals have simple needs. They seek job stability, and they are satisfied in this regard. Reasonable workload to maintain work-life balance is also a factor and majority pull off the load comfortably.
While Indian lay an emphasis on physical health and well-being, the importance of financial, social and work well-being are yet to be cultivated.
Personal accident cover offers coverage in case of accidental disability and accidental death. It ensures a certain lifestyle for the individual covered, in case the earning ability is compromised due to an accident.
PMRDA should be the near perfect model for development as it ensures transparency and governance.
Accidents frequently happen and happen irrespective of nature of your employment. Accidents can bring in a financial setback and buying an accident insurance policy can be the cheapest and most efficient means to handle such situations
Planned vacation can be more exciting as you are less worried about expenses and location. It is better to plan your vacation well in advance.
It is imperative to secure oneself against such chance misfortunes â€“ especially when there are products that have been specifically designed for the purpose.
Agents do not promote personal accident covers because of low commissions and advertising focuses on the big-ticket items. Nevertheless, personal accident insurance might be the missing ingredient in your finance portfolio.
Personal accident insurance -- Yes, you can include your family members i.e. your spouse and two dependent children in the family plan. You can also include your dependent parents up to 70 years of age.
In an interview to CNBC-TV18, personal finance expert, Pankaj Mathpal, Optima Money Managers gives his advice on investment in mutual funds.
Sulekha.com analyses whether it is right for NRIs to invest in property in India despite the fall in the rupee.
Debt funds are often ignored in favour of equity mutual funds. But of late, a lot of people are moving towards debt as well because they see it a little more as a safe risk option. Uday Dhoot of International Money Matters explains that debt funds, typically, would give you safety along with some amount of regular dividends.
In an interview to CNBC-TV18 Harshvardhan Roongta of Roongta Securities explained the importance of taking an accident cover and answered personal finance queries.
Accidents can occur unexpectedly in our daily lives. At our work place, home or on the road, they may strike anytime causing death or severe disability. To compensate and provide financial support at such traumatic times, a personal accident insurance policy may be an ideal answer.
Harshvardhan Roongta of Roongta Securities gives a few personal finance tips for investors. In an interview to CNBC-TV18, Roongta discusses the importance of a personal accident insurance policy and diversification of funds.