Employers’ group covers are likely to either trim benefits or withdraw some altogether. Individual health covers may also become costlier.
Banks will have to compensate customers of electronic fraud unless the bank can prove the fraud occurred due to negligence on part of the client.
Even if the rates go down as expected in the first half of next year, it need not translate into lower EMI for existing home loan customers.
Experts are advising consumers not to buy traditional endowment plans that may be discontinued, and instead wait for new IRDA-approved plans.
Regular health insurance policies do extend coverage to pre-existing ailments, but only after a waiting period ranging of up to four years.
If you fail to submit the details of investment declaration along with the proof, be prepared for huge cuts from the monthly salary.
Home buyers can look for good deals as prices in Mumbai have fallen 10% and 45% of new projects are unsold.
Complaints from life insurance policyholders about unfair business practice by companies have grown by over 67% in 2012-13.
A combination of regular term plan and enhanced term plan can be of best fit.
Many insurance policyholders have been getting similar fake calls from representatives of Insurance Regulatory and Development Authority for a while now.
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