Insurance companies cannot reject claims made on policies over three years. According to the Insurance Laws (Amendment) Act 2015 Section 45 no claim can be repudiated (rejected) after 3 years of the policy being in force even if the fraud...

Is it possible to retire with a corpus of Rs 5 crore at the time of retirement? Well, it depends on your age, expenses, lifestyle after retirement and how much are you willing to contribute to retirement at that age....

What is the best investment option for beginners? Investing can be quite confusing for beginners. With a wide array of investment options and financial products available, investing often seems taxing. As beginners, there are many things that one should consider...

In a world filled with uncertainties, an insurance cover acts as a protection. Insurance is a risk mitigating mechanism that helps restore balance in one's life. Having an insurance cover not only benefits the policyholders by helping lead a stress-free...

What is Inflation in Economy? Inflation is an economic indicator that indicates the rate of rising prices of goods and services in the economy. Ultimately it shows the decrease in the buying power of the rupee. It is measured as...

Taking loans and being unable to pay them is very common. Home loan is one loan that usually prolongs for a decade and a half or even more. The loan can be defaulted due to many uncertainties like loss of...

HDFC Bank offers different types of savings accounts. All the HDFC Savings Accounts have an interest in the range of 3%-3.5%. Also, the bank offers investors an array of benefits. Some of the benefits are the nomination facility and ATM...

An emergency can knock on your door anytime. It can be a job loss, or a medical emergency, or even a natural disaster leading to loss of shelter and livelihood. In an emergency, only money can be a saviour. Hence,...