How to use Health Insurance to save on taxes
One method the government uses to encourage Indians to save and invest a portion of their incomes is by providing […]
5 health insurance mistakes you should avoid
Choosing health insurance is complicated, but a little homework can save you you hundreds or even thousands of dollars
HDFC Life launches ‘HDFC Life YoungStars’ and other top insurance news
HDFC Life, India’s leading private life insurance company and #fame announced the launch of India’s first ever digital talent hunt
Life insurance industry to grow 12-15% in FY17: ICRA
The Indian life insurance industry is likely to report 12-15% growth in the financial year 2016-17, according to an ICRA
How to File a Life Insurance Claim
Life insurance benefits are not paid automatically. If you are the beneficiary of a life insurance policy, you must
IRDA revises third-party motor insurance premium rates for 2016-17
Third party insurance cover is set to increase for various categories of motor vehicles, including by a steep 40 per
No refusal for motor insurance
Third-party motor insurance refusal rates have seen a big drop, with the regulator cracking the whip on insurers refusing to
What You Need to Know About Buying Term Insurance Plans Online
Term insurance policies are among the most notable, so it is important that you understand why you should buy a
How to choose the right retirement plan?
Once you decide on investing in a retirement insurance policy, consider the following: • Whether the plan offers the option
Who can join Atal Pension Yojana?
Anyone who is in the age group of 18 to 39 years and 364 days is eligible for Atal Pension
Retirement Planning Questions
What is Atal Pension Yojana?
Atal Pension Yojanaor APY, a pension scheme for Indians in the unorganized sector. According to this scheme there is a
Retirement Planning Questions
What are employment based pension plans
An employment-based Pension plan is retirement insurance plans or annuity plans where the employee allocates a portion of the current
Retirement Planning Questions
Can I get NPS if I am self-employed?
Yes. All Indian residents in the age group of 18-60 years can invest in the NPS. The scheme is mandatory
Retirement Planning Questions
What happens if I move residence to another city?
The NPS is portable. Subscribers can keep the same PRAN regardless of whether they move residence or location. The same
Retirement Planning Questions
Does the NPS send a monthly statement?
Yes. NPS sends a physical annual statement with details of unit holdings via the CRA within 3 months of the
Retirement Planning Questions
What will be my rate of return for my contribution?
The pension fund manager invests your savings in a scheme chosen by you. Investment allocations directly impact the growth of
Retirement Planning Questions
Will the government contribute to my NPS account?
No. The Government will not contribute to your NPS account. However, if you have opted for the Swavalamban scheme, government
Retirement Planning Questions
Whom to contact if I have a grievance about my NPS?
A grievance about your NPS account can be registered via the Call Center or IVRS at a toll free phone
Retirement Planning Questions
Can I exit NPS before I am 60?
Yes. If you exit NPS before 60 years, you must invest at least 80% of the pension wealth to buy
Retirement Planning Questions
Does NPS have default annuity and ASP?
Yes. Life Insurance Corporation (LIC) is the default annuity service provider. The default annuity scheme offers annuity for life with