Page 2 - Sanjay Kumar

How to ensure smooth payout of life insurance claims after a tragedy

Learn who gets the insurance proceeds if the policyholder and the nominee both pass away in an accident

Evaluate OPD plans on sum insured, coverage, sub-limit, and network

Estimate your annual OPD expenses to decide suitable sum insured

Avoid chasing yield blindly in scenario of falling interest rates

Give equal weight to safety so that you avoid loss of capital in your fixed-income portfolio

Cut home loan costs: Retain EMI, shorten tenure, consider prepaying

Borrowers can maximise savings when interest rates fall by retaining their EMI and reducing tenure, while also benefiting from repo-linked loans and selective prepayments

Shield your vehicle from monsoon damage with key insurance add-ons

With rains already flooding major cities, insurers advise critical add-ons like engine and battery protection to avoid costly vehicle repairs and ease claim settlement

Stay in US funds if horizon exceeds seven years, exposure less than 20%

If you are worried about a US-only exposure following the downgrade of US government debt, go for a globally diversified fund

Do not apply for health cover without revealing existing hypertension

Try bringing condition under control to improve chances of getting coverage

Defence funds: Enter via SIP with 10-year view to manage valuation risk

Jefferies estimates India's defence sector opportunity at US$100-120 billion over the next five-six years

Moving abroad? Changes you must make in your bank, demat, and MF accounts

NRIs must also comply with the tax filing norms that apply to them once their residency status changes

Expense ratio: Shun active funds with high costs, inconsistent performance

A higher expense means a larger portion of the return goes to the asset management company

Let asset allocation, not price direction guess, guide decision on gold

As gold scales Rs 1 lakh peak, investors are wondering whether to sell now and book profits or wait to see how the tariff wars play out. Here's a handy explainer on the best way forward

Buying forex: Compare exchange price offered by seller with interbank rate

One way to assess how much you paid is to compare the amount sent with the amount received

Use smart cash management to optimise returns on short-term funds

However, one should avoid keeping excessive funds in savings accounts

Minimising payout on home loan: Boost credit score, prepay, cut tenure

A home loan balance transfer can help move to a lower interest rate

Term insurance for self-employed: Besides securing family, cover biz debt

Families of the self-employed face significant financial uncertainty upon the policyholder's death

Debt fund outlook: Choice of fund class must match horizon, risk appetite

Fund managers foresee two more rate cuts of 25 bps each in the coming policies

Maharashtra RR rate hike: Choose ongoing projects, women ownership helps

The RR rate is the minimum value at which a property must be registered during a transaction

World Health Day: Conduct a thorough checkup of your health insurance

Ensure the policy offers adequate sum insured to deal with even critical illnesses, and move out of policies with sub-limits

Debt-plus-arbitrage FoFs offer tax edge for moderate-risk investors

The government took away the indexation benefit of debt funds from April 1, 2023

Pledging mutual funds? Keep extra units handy to handle margin calls

Previously, availing these loans was a cumbersome physical process that took five-seven working days