IRDA revises third-party motor insurance premium rates for 2016-17
Third party insurance cover is set to increase for various categories of motor vehicles, including by a steep 40 per cent for private cars in […]
Month: March 2016
No refusal for motor insurance
Third-party motor insurance refusal rates have seen a big drop, with the regulator cracking the whip on insurers refusing to provide such covers. Insurers have […]
What You Need to Know About Buying Term Insurance Plans Online
Term insurance policies are among the most notable, so it is important that you understand why you should buy a term insurance plan, and how […]
How to choose the right retirement plan?
Once you decide on investing in a retirement insurance policy, consider the following: • Whether the plan offers the option of long-term savings • Do […]
Who can join Atal Pension Yojana?
Anyone who is in the age group of 18 to 39 years and 364 days is eligible for Atal Pension Yojana. It means if you […]
What is Atal Pension Yojana?
Atal Pension Yojanaor APY, a pension scheme for Indians in the unorganized sector. According to this scheme there is a guaranteed minimum monthly pension of […]
What are employment based pension plans
An employment-based Pension plan is retirement insurance plans or annuity plans where the employee allocates a portion of the current income to retirement income, usually […]
Can I get NPS if I am self-employed?
Yes. All Indian residents in the age group of 18-60 years can invest in the NPS. The scheme is mandatory for government employees and optional […]
What happens if I move residence to another city?
The NPS is portable. Subscribers can keep the same PRAN regardless of whether they move residence or location. The same PRAN is valid across India […]
Does the NPS send a monthly statement?
Yes. NPS sends a physical annual statement with details of unit holdings via the CRA within 3 months of the closing of each financial year.