Protection First; Investments Next

When compared to developed countries(foreign countries) Indians pay less attention to insurance products, some treat it as an investment product(return giving product on maturity)while some don’t realise the importance of insurance in their day to day life. Even today almost 75-80% of Indians are not protected with life cover even after Covid-19 pandemic! Though itContinue reading “Protection First; Investments Next”

Not Interested To Take Term Insurance? Know The Advantages and Decide

Though Insurance is a matter of solicitation,Covid-19 taught us the need of insurance! Many Families lost their loved ones by not protecting their life through “Term Insurance” Why “Term Insurance”?-Many People object to take term insurance as they don’t provide survival benefits! They are looking at “Return of Premium” but they are not looking atContinue reading “Not Interested To Take Term Insurance? Know The Advantages and Decide”

Central Government Modifies Ex-Gratia Norms in Case Of Demise During the Employment Period

If any central government employee demises during the service period Government slightly modifies the ex-gratia norms. The modified norms are as follows- Earlier if any central government employee demises, Compensation would be paid to eligible pensioners under CCS Rules As per the modified norms, it will be paid to nominees from now-on-wards. If the employeeContinue reading “Central Government Modifies Ex-Gratia Norms in Case Of Demise During the Employment Period”