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Mother’s Day: How to buy health insurance specifically for young mothers?

Mother’s Day: How to buy health insurance specifically for young mothers?

If your policy covers maternity benefits, costs incurred during hospitalisation as a result of maternity will be covered up to the sum insured limit. In some instances, the cover is also available for any medical complications of the newborn child.

Date: 07/05/2021  Source: Financial Express

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Tips to pay off your loans and the benefits of repaying early

Tips to pay off your loans and the benefits of repaying early

Before you start repaying loans, make sure you have an adequate investible surplus for meeting your long-term goals.

Date: 07/05/2021  Source: Financial Express

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Income tax: 5 cash transactions that can attract I-T notice

Income tax: 5 cash transactions that can attract I-T notice

One needs to remain alert while doing any kind of high value cash transaction because the Income Tax Department has become highly vigilant about the cash transactions

Date: 07/05/2021  Source: mint

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LIC relaxes claim settlement requirements

LIC relaxes claim settlement requirements

Keeping in mind safety of its customers amid the second wave of the COVID-19 pandemic, state-run Life Insurance Corporation of India (LIC) Friday announced a slew of relaxations in claim settlement requirements, making the process easier and hassle free.

Date: 07/05/2021  Source: The Economics Times

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Govt relaxes cash payment cap of Rs 2 lakh in COVID treatment post High Court nudge

Govt relaxes cash payment cap of Rs 2 lakh in COVID treatment post High Court nudge

All hospitals, nursing units, dispensaries and COVID care centres will be able to accept cash over Rs 2 lakh from the patient's family. The exemption will be applicable on all transactions between April 1 and May 31

Date: 07/05/2021  Source: Business Today

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Protect your life by purchasing not only health insurance but also term insurance: Parag Raja

Protect your life by purchasing not only health insurance but also term insurance: Parag Raja

The reforms in the second wave are expected to increase not only the country's insurance penetration rate but also lead to a conscious shift in the insurance product mix.

Date: 05/05/2021  Source: Financial Express

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Your Money: Why we need to plan for retirement at every life stage

Your Money: Why we need to plan for retirement at every life stage

A structured retirement planning starting at an early age will help unleash the power of compounding for a longer period of time, thus helping accumulate a bigger corpus.

Date: 04/05/2021  Source: Financial Express

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Checkpoints to Remember While Making a Financial Plan

Checkpoints to Remember While Making a Financial Plan

Evaluating your expenses can take you closer to achieving your life goals It is important to have a financial plan. If you do not have one, then put a halt, make the plan and restart your financial activities. For designing one such plan that focuses on achieving your financial life goals

Date: 03/05/2021  Source: Outlook MONEY

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LIC books record profit of ₹37,000 crore from share sale

LIC books record profit of ₹37,000 crore from share sale

Life Insurance Corp. of India (LIC) booked a record ₹37,000 crore profit from share sales in 2020-21, the highest in its 65-year history, as the stock market reached record highs. The latest profit is a 44.4% jump against its ₹25,625 crore profit from stock sales in fiscal 2020.

Date: 30/04/2021  Source: mint

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