INSURANCE

GIC Housing Finance

GIC Housing Finance Ltd – Growing outreach

GIC Housing Finance Ltd (GICHFL) incorporated in 1989, is a housing finance company initially started with the name “GIC Grih Vitta Ltd” which was later changed to its present name in 1993. Promoted by General Insurance Corporation of India along with its subsidiaries National Insurance Co Ltd, The New India Assurance Co Ltd, The Oriental Insurance Co Ltd & …

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ULIPs

Mutual Funds better than ULIPs even after LTCG

I have been a firm believer in not mixing investment with insurance. Since ULIPs (Unit Linked Insurance Plan) can offer a maximum cover of ten times the premium, it would cost you an enormous amount of money to provide the amount of life cover you actually need. Ever since the LTCG tax was announced in …

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Benefits you can get from your employer in addition to salary

Be it your first job or the subsequent jump, most individuals are focused on the salary on offer. However, there are some non-salary benefits that one enjoys when he is employed. It makes sense to take into account these benefits also while choosing your next employer. These benefits may or may not appear in the …

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Insurance claim

Insurance Claim Rejected? Here’s what you need to do …

An insurance policy is bought to secure the future, but what happens if the insurance claim gets rejected? Here are the steps one needs to follow: 1. Approach the insurance company · Reach out to the Grievance Redressal Officer (GRO) of the insurance company · Provide the complaint in writing along with the necessary support …

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Financial decisions

Better late than never: Financial decisions you should take now

Most individuals run around in February- March every year to complete their tax savings investments and then forget about money and taxation when the new financial year starts in April. NOW is that time of the year when you should start investing for next financial year slowly & steadily so that you don’t have to …

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traditional plan

Why traditional plan don’t make sense

I am an advisor following the old school of thought. Firstly don’t mix Investment with Insurance. They are distinctly different and serve different purpose. Secondly once segregated focus on value investing & slowly but steadily building up your corpus with a judicious mix of equity & debt. Now let us understand the different investment avenues. …

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