Today we’ll be discussing how to check if insurance company is legitimate or not? This is something we can’t afford to ignore while entering into insurance contract. If we dare to do so, we’d end up with insurance fraud.
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What is Home Insurance? Benefits of Homeowners Insurance
Do you know what is home insurance? What are the benefits of having a homeowners insurance policy? If not then don’t worry. Today, we’ll be going over what home insurance is, a quick overview of importance of having such a policy and some tips to save real money while buying a policy in colloquial manner.
Continue ReadingHow to Add Beneficiary to SBI Bank to Send Money Online
State bank of India offers online fund transfer facility to its mobile and internet banking users. Those who have activated any of the mentioned services can transfer money from their account to any other bank account. With SBI fund transfer facility, you can send money SBI to SBI, SBI to Other Bank like HDFC, ICICI, PNB; or can send money internationally where its branches exist.
To avoid any fraudulent activity, the bank has introduced beneficiary activation procedure, which means if you want to send money to someone then first you will have to register that person as a beneficiary to your bank account. This way bank ensures that no one can misuse your account.Continue Reading
Different Types of Health Insurance Policies in India
Like Life Insurance policy, a health insurance policy is a legal contract between insurer and insured; in which insured pays premiums and in returns, insurer agrees to pay for medical expenses for a specified limit or sum insured. Health insurance is a best option for those who are unable to bear the unexpected or unforeseen medical expenses. Most of insurance policies provide cover between Rs. 1 lakh to Rs. 5 lakh; however, you can buy medical insurance cover between Rs. 5000 to Rs. 50 lakhs or more. Nowadays, you can find a variety of health insurance products to insure your different types of health related issues like; hospitalization expenses, critical illness, cancer insurance etc. Presently in India, there are various types of health insurance plans exist and we’ll discuss about them in this post.Continue Reading
How to Check Provident Fund Balance Online
Employees’ Provident Fund Organization of India has been providing online services to its users to provide information pertaining to their provident fund accounts. As of now, the organisation has been providing online and offline mediums so employees can get their EPF accounts details right from the comfort of their homes. Today, you can get your EPF details such its balance by using any of the following ways:
- By missed call
- Through SMS
- Through Smartphone App
- Online by Visiting EPF Website.
List of Registered Life Insurance Companies in India
We have seen a significant growth in the insurance market around the globe and this sector has also progressed significantly in India. Rapidly growing insurance market in India is luring many private and public sector companies. Many renowned companies want to take advantage of this time and that’s why, the list of insurance companies (public and private sector) by IRDA (Insurance Regulatory and Development Authority) is increasing day by day. In India, all insurance companies run under the guidelines and rules of IRDA (Insurance Regulatory and Development Authority). In terms to provide insurance related products in India, a company should have an approval from IRDA (Insurance Regulatory and Development Authority); therefore, it’s mandatory for customers, to see whether their company has approval of IRDA or not? In this article, we are showing you a list of life insurance companies; which are approved by Insurance Regulatory and Development Authority to provide life insurance services in India.