Apply for life insurance: First, I will explain to you, ” what is life insurance?” Later, I will explain their benefits. Insurance is a means of protection from any financial loss. It will act as risk management that will save you from going bankrupt. Life insurance or life assurance is a contract between an insurance policyholder or an insurer or an assurer. An insurer promises to pay a beneficiary amount in exchange for a premium. A person who is providing insurance is known as an insurer or an insurance company. A person who buys the insurance and paying a premium every month is known as insured or a policyholder. The amount to be charged by the insurer to the policyholder for the coverage outlined in the insurance policy is called premium. Online Insurance Plans is the best plans nowadays because it is available everywhere online. Types of Insurance: 1) Auto insurance: Auto insurance protects the policyholder against financial loss in the event of an incident involving a vehicle they own such as in a traffic collision. Coverage typically includes in auto insurance are: a) Property coverage: It involves damage to your vehicle or somebody steal your vehicle. b) Medical coverage: If you met with an accident, then your medical coverage and the repair money of your vehicle. 2) Health insurance: Health insurance policy covers all the costs of medical treatment. In health insurance, there is dental insurance that deals with dental treatment costs, and there is another medical insurance policy. In most countries, health insurance is added to the employer’s benefit. 3) Life insurance: Life insurance provide benefits to a decedent’s family and also provide for an income to an insured person’s family. Life insurance is a contract between the insurance policyholder and insurer. The policyholder pays the premium either regularly or lumps of cash. After the death of a person, life insurance also covers the burial and funeral costs. Life Insurance Online where you can fill your life insurance forms online and have your insurance started. Benefits of Apply for life insurance: 1) Risk coverage: Insurance provides risk coverage to the insured family in the form of the beneficiary amount of money in exchange for a premium. 2) Cover for health expenses: Life insurance policy also covers hospital expenses and critical illness treatment. 3) Financial security: Having a life insurance policy brings you peace of mind. This is because if someone in the family demise, they know their family members will have financial support. List of a few companies who provide life insurance: 1) Life Insurance Corporation of India: This is under the public sector and founded in 1956. Headquarter of Life Insurance Corporation of India is in Mumbai. 2) HDFC Standard Life Insurance Corporation Limited: This is under the private sector and founded in 2000. Headquarter of HDFC Standard Life Insurance Corporation Limited is in Mumbai. 3) Max Life Insurance Corporation Limited: This is under the private sector and founded in 2000. Headquarter of Max Life Insurance Corporation Limited is in Delhi. 4) ICICI Prudential Life Insurance Co. Ltd. : This is under the private sector and founded in 2000. Headquarter of ICICI Prudential Life Insurance Co. Ltd. is in Mumbai. Rokdabazaar has tied up with all the companies who provide life insurance and can give you the best offers and interest. Apply for Life Insurance Online and have a peace of mind and also get insured money.
0 Comments
Apply for a Savings Account: Do you know,” what is a savings account?” A savings account is a deposit account held at a bank or financial institution. A user pays a modest interest rate. The savings account is known for its safety, reliability. This account is also known as an emergency fund. You can use this account to save your earnings because you want to buy a luxury car or want to buy a house later for your family. You can take this money for buying it later. You can save it for your children’s educations and their marriage function, and other demands.
Main features in a savings account: 1) The savings account pays a high interest savings account and keeps your funds easy to access. This is the parking place of your earnings and you can withdraw your cash in a short term or in an emergency case. 2) The amount you can withdraw from your savings account is unlimited. But the withdrawal of the cash is fixed. In a month, you can withdraw from your savings account is fixed and you can do six transactions. 3) The interest you earn at a savings account is considered taxable income. What is the difference between a current account and a savings account? A current account is a bank account that keeps your money secure and helps you manage your finances. A current account helps you to facilitate the making of payments in debit cards. This account lets people, businesses, and organizations pay you easily. Current account: 1) A current account is used by a businessman or a company. 2) It supports frequent or regular transactions. 3) It does not have to pay any interest. 4) The withdrawals of cash are unlimited. 5) A user needs to have a high amount for opening a current account. Savings account: 1) A savings account is used by an individual. 2) A bank or financial institution encourages people to open savings accounts and make them aware of the benefits. 3) A user pays a modest rate of a high interest savings account. 4) The withdrawals of cash are limited. 5) A user needs a little money to open a savings account. How savings account work? Savings accounts are an important source of funds that a bank or a financial institution can use the cash of savings accounts and lend to others in the form of a loan. The rate you will earn on a savings account is generally variable. Except for promotions promising a fixed rate until a certain date, banks and credit unions can generally raise or lower their savings account rate at any time. You can save your earnings in savings accounts and then later you can use it. Savings account advantages: Apply for a Savings Account: Savings account offers you a place to put your money that is separated from your everyday banking needs. A savings account allows you to store money for a rainy day or emergency day. Beyond keeping your funds safe, savings account also earns interest. Savings account disadvantages: It pays you less money than you can earn with certificates of deposit. Because of easy access, it can make withdrawals tempting. Only six withdrawals permitted per month. Apply for a Savings Account with the Rokdabazaar, we can offer you the best deals. Rokdabazaar provides you high interest savings account and saves your cash safely with less documentation. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2020
Categories |