Page 454 - Personal Finance

Health has become biggest business in general insurance: Irdai member

The pandemic has promoted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily

Investors should use expense ratio as elimination criterion, say experts

Eliminate all those funds from your selection universe where the expense ratio is extremely high

As cases rise sharply, Corona Kavach policy a big hit amongst consumers

The high demand for the policy has brought cheer for insurance companies

WFH could mean higher tax for some, altering pay structure may give relief

But many expenses incurred during WFH can't be treated as non-taxable until law is amended

Tips on buying a health insurance policy for parents in the time of Covid

Buy as soon as possible, as increase in age not only pushes premiums up, it also comes with restricted coverage to diseases

How the electric car has evolved and why now is a good time to buy one

While improvements in mileage and battery capacity have been made and are ongoing, issues of high price points and availability of charging infrastructure are also being addressed

Gold: Enter now if you can hold for 7-8 years, maintain allocation

New investors should also minimise entry cost by purchasing on corrections

Insurers can take action against hospitals denying cashless service: Irdai

An insurance company can take action against a hospital for demanding advance from a policy holder who is supposed to get cashless service

Fund pick: UTI Guilt Fund

Fund pick: UTI Guilt Fund

A snapshot of gold loan offered by various banks and other details

Here is how the gold loan offered by various banks stack up

Retrieving Provident Fund balances from old accounts require some effort

Ensure all accounts have been merged into one before you begin withdrawal procedures

England vs Pakistan 2nd Test Full scorecard

England vs Pakistan 2nd Test Full scorecard

Don't follow the herd: Make buy-sell decisions based on asset allocation

Those who have goals coming up in the near term should book profits in equity MFs

Non-life insurers receive more than 100K Covid-19 claims worth Rs 1,644 cr

While initially, the claim amount was high, it has now moderated with many states prescribing a standard treatment rate for Covid-19

Not a good idea: Surrendering insurance policy early entails higher loss

To avoid losing protection cover, explore the option of taking a loan against it

Investors need to be wary of overpaying as stock returns are mediocre

At a time when the index appears expensive, a stock-specific approach will serve you well

Covid-19 brings about shift in insurance preference; group biz on the rise

While the pandemic has made corporates take up the responsibility of providing insurance coverage to their employees via group insurance, it has pushed back individuals from buying into insurance

Insurance firms see surrenders decline in Q1, brace for trend to change

Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic

District Forums can't handle bigger caseload

Earlier it took 4-10 years. But with a five-fold increase in pecuniary jurisdiction, it could now take 15-25 years for a case to be decided

Why smart-beta funds should be a part of your satellite portfolio

These products, however, carry higher risk than a pure passive fund