Sukanya Samriddhi Yojana (SSY) was introduced in January 2015 as a government-backed savings scheme under the ‘Beti Bachao, Beti Padhao’ campaign to save for the future of girl children in India. SSY accounts can be opened for girls up to 10 years of age by parents or legal guardians with recurring deposits between INR 250… Continue reading How To Open a Sukanya Samriddhi Yojana Account in Private and Government Banks?
Day: August 20, 2024
Bundled health and life cover plans can be cost-effective
Insurance companies are offering combo plans with life and health cover in a single policy. Policyholders have a single point of contact for all their insurance needs, making it easier to track coverage, pay premiums, and handle claims. In combo plans, policyholders are covered for both life-threatening events and medical expenses. This ensures that policyholders and… Continue reading Bundled health and life cover plans can be cost-effective
Understanding All Details About Policy Lapse
If you want to protect yourself and your loved ones, you cannot overlook the importance of an insurance policy for financial emergencies. However, it’s not enough to have a policy; you must pay regular premiums to ensure that your coverage remains active. If you stop paying these premiums, your policy will lapse, which means you… Continue reading Understanding All Details About Policy Lapse
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