Health insurance is essential for covering unexpected medical expenses, but sometimes claims get rejected. This can lead to a significant financial burden on the policyholder. There are several common reasons for this. One reason is providing incorrect information such as age, income, existing medical insurance, and occupation details. Another reason is failure to disclose pre-existing … Read more
If you have a general insurance policy, new laws have been introduced to protect and uphold the rights of policyholders. These laws aim to protect those with insurance policies more, ensuring they can make claims and handle other policy matters carefully. General insurance policies, such as those for vehicles, medical expenses, homes, and travel, fall … Read more
A New Payment Method is to Transfer Money Using Facial Recognition with SmilePay. In the past, withdrawing cash from ATMs required entering a PIN. With the advent of UPI (Unified Payments Interface), the way we make payments has evolved, allowing us to complete transactions directly from our phones. Now, new payment technologies continue to emerge, … Read more
Are you considering investing in shares of small and medium-sized companies (SMEs)? These shares tend to fluctuate, making them a riskier investment. However, despite the risk, many investors are interested in these shares due to their recent profitability. Over the last decade, SMEs have raised over Rs. 14,000 crores in funds, with Rs. 6,000 crores … Read more
Recently, especially after the COVID-19 pandemic, people have realized the growing importance of having insurance. Many individuals are now purchasing policies that suit their needs to secure their future. Earlier, insurance policies were given in physical form, but things have changed. The Insurance Regulatory and Development Authority of India (IRDAI) has instructed all insurance companies … Read more
Rising medical treatment costs are placing a financial burden on individuals. To cover these expenses, many people are turning to health insurance policies. By obtaining an essential policy and adding a top-up plan, individuals can enjoy numerous benefits and reduce the burden of premiums. Before acquiring a health insurance top-up, several factors must be considered. … Read more
The pay commission is a boon for employees and pensioners. Each time a new pay commission is introduced, salaries and pensions change. The same happened when the 5th, 6th, and 7th Pay Commissions were implemented. Therefore, it’s expected that if the 8th Pay Commission comes into force, there will be another increase in salary and … Read more
The Central government is reportedly preparing a festive surprise for central government employees with a significant Dearness Allowance (DA) hike in 2024. This move is expected to provide much-needed financial relief and support as inflation continues to impact the cost of living. DA Hike: Central Government Employees to Get 3% Increase in Wages There is … Read more
Understanding No-Claim Bonus Benefits in Health Insurance: Today, many people are interested in purchasing health insurance due to changing lifestyles, food habits, weather changes, increased pollution, and other factors that have increased the importance of health insurance. It is safe to say that almost every family has health insurance. But do you know about the … Read more
When asked about the safest investment scheme in our country, most people mention Fixed Deposits (FDs) as the answer. They are popular due to the fixed income they generate and the assurance of knowing how much return we will get at the time of investment. The government’s guarantee on these fixed deposits also attracts many … Read more