I recently applied for a home loan, and the bank is urging me to buy home insurance. My property in Gurgaon, measuring about 1,500 sq ft, is valued at ā¹3 crore, and my loan amount is ā¹2 crore. However, the bank has sent me a quote with a sum assured of only ā¹2 crore. Should…
Union Finance Minister Nirmala Sitharaman has asked the insurance companies to increase the free look period to one year, compared to its current level of one month, according to a CNBC-TV18 report on Monday, February 17.Ā According to the report, Nirmala Sitharaman also said that the committee has finished the internal consultation process on the…
Focused on managing a home loan and investing in over ten mutual fund schemes, Singh delayed signing up, opting instead for a higher in-hand salary. His decision, influenced by hopes of the old pension scheme (OPS) returning in some form, highlights the financial dilemmas faced by young government employees navigating between immediate needs and long-term…
HDFC Ergo raises premiums, Star Health to hike premiums by 10%-15% for 30% of its policies, Niva Bupa and New India also to increase rates. After HDFC Ergo General Insurance that raised premiums for its flagship health insurance products āOptima Secureā and āOptima Restoreā from August and Star Health and Allied Insurance said it is…
