Page 461 - Personal Finance

Covid-19 outbreak: Update insurance, tax and KYCs amid lockdown 4.0

Utilise the relaxed phase to complete unfinished tasks on personal finance agenda

Handing over shares to a broker for fixed return may land you in trouble

Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold

Business interruption policy may not pay for losses made under lockdown

Compensation will, however, be paid if a director covered by a Keyman insurance policy loses his life to Covid-19

Planning to take health insurance policy? Do not go by premium alone

You also need to take into account exclusions and sub-limits

Lucrative deals unlocked for the luxury customer during Covid-19 lockdown

Retailers have been reaching out to customers with compelling offers, contests and a humane touch to provide value to the discerning patron and keep sales ticking

Next six months will be tense

If the revival package doesn't work, high stock market valuations cannot be sustained

General insurers brace for a rise in non-Coronavirus claims after lockdown

This, in turn, will impact the loss ratio of insurers in the health segment

Only knowledge of the product can protect you against mis-selling

It's important to question the intermediary so that you know more about the product

Covid-19 impact: Non-Life insurance premiums fall more than 10% in April

Claims have also not risen sharply both in motor and health, giving some respite to insurance companies

Fund pick: Aditya BSL Corporate Bond Fund

Fund pick: Aditya BSL Corporate Bond Fund

A comparison of top 10 heath insurance plans with Rs 10 lakh sum assured

Here is a comparison of top 10 insurers offering health insurance of Rs. 10 lakh sum insured along with the option of choosing a Super Top-up plan of Rs 10 lakh sum insured

Unable to pay rent amid lockdown? Here are steps to tide over woes

Negotiate or request your landlord to adjust rent against security deposit, if it is sizeable

Centre should charge for guarantee

Only PSUs can raise money cheaply today since it is assumed that the government won't let them default

PPF, EPF, Sukanya Samriddhi: All you need to know about tax savings schemes

Individuals and HUFs can opt for a new tax regime from FY 2020-21 by giving up about 70 deductions/exemptions

Major relief for senior citizens as SBI offers 80 bps more on FDs

SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive

Stopped SIP? Use systematic transfer route as and when you have a surplus

Experts say if someone has lost his job or seen his income dwindle drastically during the lockdown, it is okay for him to pause or stop SIPs

Life Insurers bleed in April as Covid-19 shrinks new biz premium by 33%

Market leader LIC's new business premium down 32% to Rs 3,582 cr from Rs 5,268 cr a year ago; HDFC Life, ICICI Pru among top losers in private space

Need emergency money? Easy access makes personal loans attractive

Here is how the personal loan rates offered by various banks stack up

Markets looking forward to bailout

But the currency could take a hit if rating agencies respond unfavourably

Keep office going under lockdown via video conference on phone or laptop

Cost-effective video-conferencing tools are enabling team discussions and client meetings