There are some basic documents that are associated with comprehensive auto insurance. You will need these basic documents/details to complete the insurance policy and make a claim. For example, when purchasing a policy, you will need the vehicle’s engine number and policy number to make a claim. However, insurance is associated with uncertainties. There may …
When a person takes out risk insurance online, choosing the insured amount is the most important task. The sum insured is the amount that the beneficiary receives from the insured in the event of the death of the insured during the term of the policy. According to an experienced financial planner, this insured amount should …
Each time you take out a mortgage, the interest rate and the length of the loan are the main factors that determine the amount of the Assimilated Monthly Payment (EMI) to pay. Here are some ways a new or existing borrower can effectively reduce the EMI burden on their home loan. A. New Mortgage Borrowers …
Since diversification is the key to an investment portfolio that reduces risk, real estate will act as a safe haven to secure accumulated wealth in the current scenario. Today it is important for buyers to understand how to reduce the perception of risk when investing in real estate. Since diversification is key to reducing the …
Unsecured loans to continue your advance. Between the financials of 2015 and 2018, unsecured loans, including loans to individuals, small and medium-sized businesses (SMEs), and credit cards, experienced a compound annual growth rate (CAGR) of 27%, or almost four times the growth of bank loans of around 7%. This comes at a time when banks …
The spread of the Covid-19 pandemic has caused a gradual lockdown around the world. Many dimensions of our life are affected. On the positive side, we’ve experienced new joys, like B. Getting closer to our families, spending more time with them, learning new skills, and more. We have almost adapted to the changes that result …
If you’ve taken out a loan, the EMI monster will most likely suck up a significant chunk of your paycheck every month before you can slip it into your pocket. This not only means that you are spending less money, but it also means that you have little to no savings. It is a vicious …
Buying a home is a long-awaited part of everyone’s life. As you prepare to buy a home, there are a few factors to understand, and your creditworthiness is one of them. Credit scores evaluate a person’s ability to repay the loan amount. This is a three-digit number calculated by credit bureaus across the country by …