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PNB MetLife survey finds more than a third of Indian parents misjudge the cost of their child`s education As families across India grapple with rising costs, a new survey by PNB MetLife and Nielsen IQ revealed parents are spending up to INR 5.30 lacs a year on their children’s education and extracurricular activities and are even willing to sacrifice their lifestyles to pay for it.    The research, titled ‘Financial Planning in the Era of Rising Education Cost’, explores the needs, influences and barriers for parents planning their children’s education was ...
PNB MetLife survey finds more than a third of Indian parents misjudge the cost of their child`s education
PNB MetLife survey finds more than a third of Indian parents misjudge the cost of their child`s education
Source: PNB Metlife
14/04/2023 10:00:58 AM
Simple steps to calculate Tax on your Salary Filing taxes is a fiscal responsibility for every citizen. But to ensure that you don’t pay a higher amount in taxes than you must, it is important that the tax calculation on your salary is done correctly. Calculating the taxes payable on your income, including your salary, involves a careful step-by-step estimation of the amount due. There are several salary tax calculators available online which can help you determine the precise amount you owe in taxes to the government...
Simple steps to calculate Tax on your Salary
Simple steps to calculate Tax on your Salary
Source: PNB Metlife
18/03/2022 3:25:05 PM
Everything you need to know about India’s Income Tax structure In India, income tax is a direct tax levied by the Central government. The tax structure in India follows an equitable model wherein everybody is taxed according to the income they draw. Additionally, the tax payable by an individual is dependent on their age. The government follows a progressive tax structure, which has different tax slabs with differing income tax rates, which ensures that everybody pays what they can afford. The taxes payable by an individual depends not only on the amo...
Everything you need to know about India’s Income Tax structure
Everything you need to know about India’s Income Tax structure
Source: PNB Metlife
18/03/2022 2:37:37 PM
New TAX provisions for ULIP plans Note on section 10(10D) of the Income-tax Act, 1961 (Act) with respect to Unit Linked Insurance Policy (ULIP) as amended by Finance Act, 2021 In Unit Linked Insurance Policy, the Investment Risk in investment portfolios is borne by the Policyholder As per the provisions of section 10(10D) of the Income-tax Act, 1961 (Act), no exemption shall be available on any sum received under a life insurance policy, issued on or after 1 April 2012, where the premium payable for any of the prev...
New TAX provisions for ULIP plans
New TAX provisions for ULIP plans
Source: PNB Metlife
18/03/2022 2:14:18 PM
Factors to consider before you decide a 1 crore term plan for you family Investing in a term plan is a great way to protect yourself and your family from the uncertainties in life. You are required to pay a premium regularly, and in turn, you help ensure the financial security of your loved ones in case of an adverse incident. Apart from providing your family with some much-needed financial support in the event of your death, a family term plan can also give you tax breaks. Insurance companies offer a ‘1 crore term plan’, which essentially pays out ...
Factors to consider before you decide a 1 crore term plan for you family
Factors to consider before you decide a 1 crore term plan for you family
Source: PNB Metlife
18/03/2022 11:27:51 AM
Things you didn't know about life insurance What is life insurance? Life insurance plans are essential as they compensate your dependents or the policy beneficiaries in the unfortunate event of the policy holder’s death, provided he has been duly paying his premiums. Besides being a straightforward policy, a life insurance policy can also be as an advanced, sophisticated financial planning tool. Here are some ways how; 1. Loans against insurance: There are times when one may be in need of a  corpus to  supplement ...
Things you didn't know about life insurance
Things you didn't know about life insurance
Source: PNB Metlife
18/03/2022 10:59:50 AM
PPF Facts: 5 Lesser Known Facts you must Know! - PNB MetLife Public Provident Fund (PPF) is a long-term savings plan which is backed by the Government of India. A PPF account gives you complete security with attractive interest rates and tax-free returns. You can start investing with as minimum as Rs. 500 and go up to Rs. 1, 50,000. Most experts still recommend PPF as an important component of financial planning as it is one of the safest savings plan options. Here are 5 lesser known facts you need to know about a public provident fund, if you plan ...
PPF Facts: 5 Lesser Known Facts you must Know! - PNB MetLife
PPF Facts: 5 Lesser Known Facts you must Know! - PNB MetLife
Source: PNB Metlife
18/03/2022 10:49:01 AM
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure Health and wealth are two of the most important components of our lives. Any kind of anomaly in the former can take a toll on the latter. As a result, when it comes to healthcare, the monetary aspect takes a backseat even though medical inflation is at its peak in India. However, one of the best ways to get health protection without worrying much about the finances and budget is by purchasing health insurance. Apart from the comprehensive financial safeguard from health emergencies, these hea...
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure
Source: PNB Metlife
18/03/2022 9:34:09 AM
7 reasons to buy term insurance before you turn 30 Term insurance provides life cover for a fixed duration and offers financial aid to your spouse, parents, and children in case of an unforeseen event. That’s why, we discuss the benefits of term insurance, so you can take an informed decision for your family’s financial security. Reason 1: Your family is financially secure -Term insurance plans ensure your financial stability and offers a financial blanket to your family. An unpaid loan, college fees for kids, financial ai...
7 reasons to buy term insurance before you turn 30
7 reasons to buy term insurance before you turn 30
Source: PNB Metlife
18/03/2022 9:19:13 AM
Why Health Insurance must be a Part of Your Financial Planning? It is a common saying that “Health is Wealth”! And especially when lifestyle diseases such as cardiovascular ailments, cancer, diabetes, high blood pressure, respiratory diseases are on the rise, having a health insurance plan is a must. Healthcare costs have skyrocketed, and medical insurance offers you a solution to this problem, without the stress of the medical costs affecting your life’s savings. Though a medical condition is not certain, it is probable given the sed...
Why Health Insurance must be a Part of Your Financial Planning?
Why Health Insurance must be a Part of Your Financial Planning?
Source: PNB Metlife
18/03/2022 9:10:05 AM
Most common term plan options available for us to choose | PNB MetLife You may have come across the terminology called “term insurance plans”. Term insurance or term plans are a type of life insurance policy where the insured has to pay premiums for a fixed term or period in exchange for a sum assured or death benefit that their beneficiaries can claim provided the insured meets with an untimely death during such a term. Term insurance plans provide a relatively higher sum assured or death benefit on its premium payout as compared to the other plans....
Most common term plan options available for us to choose | PNB MetLife
Most common term plan options available for us to choose | PNB MetLife
Source: PNB Metlife
17/03/2022 12:34:58 PM
What is the Difference between Term Insurance and Whole Life Insurance? Life insurance is a great way to secure your loved ones and provide for their needs. Life insurance plans are cost-effective and safe. Moreover, they offer many tax benefits. There are different types of life insurance plans in the market, and their suitability can depend on your needs and goals. Term insurance, especially family term insurance and whole life insurance plans are two of the most sought-after life insurance products. These plans can offer financial protection to your lo...
What is the Difference between Term Insurance and Whole Life Insurance?
What is the Difference between Term Insurance and Whole Life Insurance?
Source: PNB Metlife
2/02/2022 10:36:29 AM
Choose a Savings Plan That Can Secure Your Future The future is uncertain, and a wise way to prepare for unforeseen events is to plan well in advance. If you make sound investment choices at the right time in your life, you can easily safeguard your future as well as create a corpus to achieve your financial goals. Investment decisions are a crucial decision of your life. The choices you make today lay the foundations for your short-term and long-term goals and also serve as a security in case of unexpected circumstances. A wise investment d...
Choose a Savings Plan That Can Secure Your Future
Choose a Savings Plan That Can Secure Your Future
Source: PNB Metlife
2/02/2022 10:30:46 AM
Discover Latest Trends About Endowment Policy Given the rising cost of living, increasing medical expenses and ever-growing financial needs, you need an alternate source of income that can help you live a financially sustainable life. You can opt for market-linked investment instruments or choose safer options like insurance. Market-linked investment options offer high returns but are also carry high risk. However, if you opt for other safer and wiser instruments like an endowment policy, you can secure your family as well as your financ...
Discover Latest Trends About Endowment Policy
Discover Latest Trends About Endowment Policy
Source: PNB Metlife
2/02/2022 10:27:20 AM
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan The women of today would make the women of yesterday proud of their accomplishments. Despite having the odds stacked against them, women today are financially independent, empowered, and decision-makers. In the urban cities especially, women are co-income earners and sometimes even the sole income earners of their home. However, the traditional responsibility of managing the household is still viewed as the primary concern of the woman of the house. This is because, in our society, the mal...
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan
Source: PNB Metlife
2/02/2022 10:16:16 AM
Know All About Income Tax E-Filing in India Whether you are a salaried individual or a self-employed one, filing income tax returns or ITR is a must if you come under the tax bracket. If you earn more than the tax exemption limit, then you are required to file your tax returns as per the latest norms. Every year, millions of people get busy around mid-year, i.e., July, to submit their income tax returns. Not only because it is mandatory by law, but it is also required for buying life insurance online, getting a loan, carrying forw...
Know All About Income Tax E-Filing in India
Know All About Income Tax E-Filing in India
Source: PNB Metlife
27/01/2022 4:55:44 PM
Common Tax Problems for 2021 The last year has been a rollercoaster with many changes happening around the world. Whether it was the lockdown or the virus wreaking havoc in the lives of millions of people, there were quite a few problems to deal with on multiple fronts. To add to this, some tax changes made in the last one year (2020-21) brought in some challenges for people too.   This article talks about some common tax problems that you might have encountered in the recent past or are likely to encounter in...
Common Tax Problems for 2021
Common Tax Problems for 2021
Source: PNB Metlife
27/01/2022 4:49:39 PM
Evolution of the Taxation System in India Taxation is a major part of every individual’s life. Every year, you rush during the filing season to collate information regarding the income and expenses shown in the books for taxation. Being an inevitable aspect of financial planning, you also look for tax saving funds to invest in so that you can save the hard-earned money on which you pay taxes. You have been paying taxes for years and years now. But have you ever wondered about what it is and how it all began?   The Or...
Evolution of the Taxation System in India
Evolution of the Taxation System in India
Source: PNB Metlife
27/01/2022 4:41:26 PM
All About Taxes That are Applied to Personal Income Personal Income is subject to Income Tax in India. Every individual is required to exhibit their income and file Income Tax in India. As a taxpayer, it is necessary to understand the taxes applied on personal income and about income tax saving options.   What is Income Tax? Income Tax is the tax levied by the Government of India on the gross income earned by every individual. It is in accordance with the Income Tax Act, 1961. Resident Indians have to pay taxes for Income earned ...
All About Taxes That are Applied to Personal Income
All About Taxes That are Applied to Personal Income
Source: PNB Metlife
27/01/2022 4:30:23 PM
Know the Difference Between TDS and TCS Tax is a necessary yet complicated subject to comprehend. As a responsible citizen, tax planning is not only mandatory but also an important aspect of financial planning for you. Every year, you begin to evaluate your income, gather important receipts, check your investments and your tax-saver plan like term insurance plans to calculate tax payable. While doing so, you might have come across terms like TDS or TCS, which you may have struggled to understand. The Government of Indi...
Know the Difference Between TDS and TCS
Know the Difference Between TDS and TCS
Source: PNB Metlife
27/01/2022 4:27:31 PM
How to Port Your Different Health Insurance After Marriage? Being covered under a health insurance plan is a necessity in today’s time. The rising costs of medical care and the endemic lifestyle diseases mean that ailments don’t see age, profession or gender. Health insurance provides you with the financial protection to be able to afford the medical care and treatment needed, amid burgeoning healthcare costs and the skyrocketing medical inflation. Health insurance should also reflect the life stage you are at, the medical histor...
How to Port Your Different Health Insurance After Marriage?
How to Port Your Different Health Insurance After Marriage?
Source: PNB Metlife
27/01/2022 4:23:12 PM
How to Plan For Your 4 Financial Life Stages Financial planning is imperative to achieve any financial goal in life. Whether it is saving, investment, wealth creation, or ensuring a regular stream of funds post-retirement, every goal requires a set of carefully made and executed decisions. One of the most understated facts about financial planning is that it is a very dynamic activity. We go through four stages in our financial life: the initiation, the dependents stage, the growth stage and the retirement stage. Your financial pla...
How to Plan For Your 4 Financial Life Stages
How to Plan For Your 4 Financial Life Stages
Source: PNB Metlife
27/01/2022 3:41:55 PM
Planning to start a Family! Here's how to prepare yourself financially Once you get married, it is essential that you always have enough resources at hand and in the form of savings to take care of all the needs that come with a growing family. To say that you acquire a new outlook on life after having a baby may well be the understatement of all time. Right from the time they are born, they child become the centre of your universe. You make all your decisions keeping their welfare in mind. Therefore, your financial goals and actions should be no different. F...
Planning to start a Family! Here's how to prepare yourself financially
Planning to start a Family! Here's how to prepare yourself financially
Source: PNB Metlife
27/01/2022 3:33:05 PM
Few Important Tips on Financial Planning Who doesn’t wish to have the cushion of wealth to fulfill all their wishes without having to think twice? Whether you want to build a retirement home or wish to provide your child with the best education, money plays an important role in bringing your dreams to reality. Most people have a preconceived notion that a higher income is key to financial independence.   Although a greater income is an essential part of a financial savings plan, you need to use the money you earn wi...
Few Important Tips on Financial Planning
Few Important Tips on Financial Planning
Source: PNB Metlife
27/01/2022 2:28:30 PM
Choose an Endowment Plan That Helps You Grow your Savings An endowment plan is a form of life insurance policy that provides the dual benefits of a life insurance cover and a savings plan as well. With this policy, you have to pay a certain amount of premium regularly over a period of time towards your policy. When the policy matures, you get the sum assured if you survive the entire policy duration. In case of sudden death during the tenure of the policy, your family or the beneficiaries of the benefit will receive the lump sum amount.   ...
Choose an Endowment Plan That Helps You Grow your Savings
Choose an Endowment Plan That Helps You Grow your Savings
Source: PNB Metlife
27/01/2022 2:20:39 PM
Turn Your Dreams into Reality with Guaranteed Future Plans Buying a car, owning a home, seeing your child attend the college of their choice, month-long vacation in a far-off country – dreams can make for a long, never-ending list. All people dream but what you do to turn your dreams into reality is what sets you apart. In a world where prices are skyrocketing each day, it can be hard to sustain on just a salary. It is your investments that can help you achieve your goals. And a guaranteed savings plan can be an excellent investment option that...
Turn Your Dreams into Reality with Guaranteed Future Plans
Turn Your Dreams into Reality with Guaranteed Future Plans
Source: PNB Metlife
27/01/2022 2:14:06 PM
Know Why You Should Get an Endowment Plan If you spend unnecessarily on things now and then and struggle to build a habit of savings, an endowment savings plan is for you. Endowment plans are a type of insurance cum investment plan that helps you save regularly to achieve your long-term goals. If you haven’t found an insurance plan for yourself, here are some reasons to consider buying an endowment insurance plan:   Endowment plans provide life insurance. One of the core features of endowment plans is that they ...
Know Why You Should Get an Endowment Plan
Know Why You Should Get an Endowment Plan
Source: PNB Metlife
27/01/2022 2:09:01 PM
Learn Why the Renewal of Term Insurance Policy is Equally Important To mitigate the different risks in life and protect yourself and your family against financial pitfalls, you plan and take suitable steps, such as saving and investing your money in the right avenues. In this regard, life insurance plans a fruitful investment that aims to financially guard your family if you are not around to look out for them. The ethos of a term insurance policy is to compensate your loved ones financially in case of your untimely demise during the term in...
Learn Why the Renewal of Term Insurance Policy is Equally Important
Learn Why the Renewal of Term Insurance Policy is Equally Important
Source: PNB Metlife
27/01/2022 1:22:26 PM
Advantages and Limitations of Term Life Insurance The uncertainty of life can be troubling when you look at the smiles and cheer of your loved ones. You want them to be happy and secure always, even when you are not around. For this purpose, it is important to create a sound financial plan for the future. A crucial part of your financial plan is buying a life insurance policy to ensure your family's financial safety and well-being. Securing their future for when you are not around can give you a sense of relief and satisfaction today. ...
Advantages and Limitations of Term Life Insurance
Advantages and Limitations of Term Life Insurance
Source: PNB Metlife
27/01/2022 1:02:39 PM
5 Reasons to Buy a Term Insurance Plan at a Young Age A term insurance policy is considered a necessity for everyone. Regardless of your age, it can be beneficial to buy term insurance since it secures your loved ones in your absence, offers you protection from critical illnesses with riders, and guarantees peace of mind. However, purchasing term insurance at a young age can further strengthen and enhance its benefits. Here are 5 reasons that explain why you should buy a term insurance plan early in life: 1. You will get lower premiums Th...
5 Reasons to Buy a Term Insurance Plan at a Young Age
5 Reasons to Buy a Term Insurance Plan at a Young Age
Source: PNB Metlife
27/01/2022 12:59:20 PM
10 Crucial Things to Remember Before Buying a Term Insurance Plan In return, if the policyholder dies during the policy period, their beneficiaries shall be entitled to death benefits in the form of a sum assured. The purpose of a term insurance plan is to protect your family's financial needs in the face of an unpredictable future. With time, however, the term insurance India and other countries offer has evolved in myriad ways, making the choice of a plan quite complex. There are multiple aspects to think about before you zero in on any p...
10 Crucial Things to Remember Before Buying a Term Insurance Plan
10 Crucial Things to Remember Before Buying a Term Insurance Plan
Source: PNB Metlife
27/01/2022 12:45:41 PM
How can you Increase your Cover Amount for Term Insurance? Life is constantly changing, and so are your financial needs. If you have invested in a term insurance plan early in life and over the years, have realized that your loved ones need more financial security, you can always increase the sum assured amount. With age, your responsibilities also increase, and you might want to offer additional protection to your family in your absence. Read on to know how you can increase the cover amount of term insurance plans. How to increase your co...
How can you Increase your Cover Amount for Term Insurance?
How can you Increase your Cover Amount for Term Insurance?
Source: PNB Metlife
27/01/2022 12:41:10 PM
Coping with Cancer and Staying Financially Ready to Treat It Serious health problems can develop unexpectedly, upsetting your normal course of life. Our way of life and stress-induced issues make us more vulnerable to many serious diseases at any age. One such illness is cancer. According to the National Institute of Cancer Prevention and Research (NICPR), about 2.25 million Indians live with cancer and over 1.1 million new patients are registered every year. With more than 200 different types of cancer, treatment differs for each individual; howeve...
Coping with Cancer and Staying Financially Ready to Treat It
Coping with Cancer and Staying Financially Ready to Treat It
Source: PNB Metlife
27/01/2022 12:30:55 PM
Evolution of Health Insurance Sector in India The health insurance sector in India has come a long way. It spans over 50 years - and is one of the biggest industries in India. The need for health insurance arose from the high mortality rate and inadequate resources in the post-independence era. The government came up with health insurance to make healthcare more accessible and affordable to the Indian population. However, a large number of Indians remain uninsured. It is important to understand how the health insurance sector has evolved...
Evolution of Health Insurance Sector in India
Evolution of Health Insurance Sector in India
Source: PNB Metlife
27/01/2022 12:28:34 PM
Know How Effective Stress Management Leads to Good Health It is no secret that chronic diseases and health conditions are on the rise. From young to old, many people are suffering from a range of mental and physical health issues, from depression and anxiety to diabetes and different types of cancer. Moreover, the rising costs of healthcare are adding to the problem, making it difficult to manage these conditions. No wonder good health insurance plans are in demand today!   But have you ever wondered why there is a rapid increas...
Know How Effective Stress Management Leads to Good Health
Know How Effective Stress Management Leads to Good Health
Source: PNB Metlife
27/01/2022 12:26:01 PM
Why is it Important to Have a Health Insurance Policy in 2021? One thing that the year 2020 taught is that health is the number one priority. Even though everyone predicted the pandemic to be over by 2021, unfortunately, it has followed us towards the end of 2021. However, there is hope now. India’s vaccination drive is considered one of the largest in the world. And, as the country continues to strive to beat the COVID-19 pandemic, it is important to reiterate the need for protecting your health. A health emergency could arise at any time. It i...
Why is it Important to Have a Health Insurance Policy in 2021?
Why is it Important to Have a Health Insurance Policy in 2021?
Source: PNB Metlife
27/01/2022 12:22:40 PM
Health Insurance Plans for Family and Individual Over the last couple of years, there has been a steep rise in health risks. The changing lifestyle, urbanisation, ageing population, severe pollution, etc., has significantly contributed to an increase in diseases. This coupled with the rising medical costs, has become a cause of worry. In this situation, investing wisely to secure your and your family’s healthcare needs has become a prime goal. Today, you can choose a health insurance plan to financially safeguard you and ...
Health Insurance Plans for Family and Individual
Health Insurance Plans for Family and Individual
Source: PNB Metlife
27/01/2022 12:13:53 PM
Term Insurance for Seafarers - Term Insurance for Mariners PNB MetLife A sailor’s life is always uncertain, always on the move. You never know how many months you’re at sea and from which port you’ll have to move to next. Difficulties pertaining to your very existence also come into place numerous times since the sea may not always be smooth and calm. So, how does one sail through the rough tides of uncertainties while being at sea? How do you protect your family in the best way possible when you’re a sailor? The answer is the right in...
Term Insurance for Seafarers - Term Insurance for Mariners PNB MetLife
Term Insurance for Seafarers - Term Insurance for Mariners PNB MetLife
Source: PNB Metlife
19/04/2021 3:58:08 PM
Step by step guide to revive lapsed life insurance policy - PNB MetLife Life insurance comes into play when the insured pays a specific amount of premium for a fixed period to ensure the financial security of the family post the insured’s death. A life insurance policy needs to be renewed or revived periodically, generally every year, to keep the coverage active. Imagine there is some dire financial situation in your life, and you are unable to pay your life insurance premium at the due date, then what? Did you know in this unfortunate situation, your ...
Step by step guide to revive lapsed life insurance policy - PNB MetLife
Step by step guide to revive lapsed life insurance policy - PNB MetLife
Source: PNB Metlife
19/04/2021 3:51:21 PM
Tips to deal with a lapsed insurance policy - PNB MetLife One of the major advantages of insurance policies is that they are non-intrusive. You can essentially just invest in a plan and not worry about it. However, the only thing that you need to be careful about is to ensure that you pay your premiums on time to avoid an insurance policy lapse. Read on to find out more about the reasons behind why an insurance policy might lapse and to learn about what you can do in such a situation. What causes a policy to lapse? When you purchase an insu...
Tips to deal with a lapsed insurance policy - PNB MetLife
Tips to deal with a lapsed insurance policy - PNB MetLife
Source: PNB Metlife
19/04/2021 3:44:09 PM
Get income tax deduction on life insurance premium paid for adult children Life insurance premium: A Tax-Saving Mechanism One of the significant benefits of life insurance is the tax benefit on the premium paid each year, in addition to the tax exemption on the maturity amount paid out to the beneficiaries. We often look at life insurance premium as a tax-saving tool. The premium amount paid towards life insurance policies qualifies for deduction under Section 80C, up to a maximum of Rs 1.5 lakh a year. The gross total income gets reduced by the premium amount and...
Get income tax deduction on life insurance premium paid for adult children
Get income tax deduction on life insurance premium paid for adult children
Source: PNB Metlife
19/04/2021 3:36:42 PM
Plan Your Life Better With a Pension Calculator The years you spend post retirement are said to be the golden years of your life. It’s important to prepare for them so that you can realize all the dreams and hopes you have for this special time in your life. Safeguarding your future takes some planning, which can be done with the help of a pension calculator. A pension calculator helps you calculate your income requirements post-retirement on the basis of your age, annual income, savings, nature of accommodation, and t...
Plan Your Life Better With a Pension Calculator
Plan Your Life Better With a Pension Calculator
Source: PNB Metlife
19/04/2021 3:24:20 PM
Direct Tax and Indirect Tax: Key Differences In India, the taxes levied by the government are divided into direct and indirect taxes. The direct and indirect taxes in India are differentiated on the basis of who is liable to pay for them. The taxes which must be paid directly by the person they are levied on are known as direct taxes. Thus, income tax is a direct tax which must be paid by the person earning the income and on whom the taxation burden rests. Indirect taxes, on the other hand, allows the person to pass on its tax burden to...
Direct Tax and Indirect Tax: Key Differences
Direct Tax and Indirect Tax: Key Differences
Source: PNB Metlife
19/04/2021 3:15:57 PM
5 important things to know before you take a loan out against your life insurance policy What would you do when you are urgently in need of funds? Most people hesitate from taking out a personal loan because of its high interest rates. But if you have a life insurance policy, then you could well be at a great advantage because it’s possible to take out a loan with life insurance as collateral. The positives are many – lower interest rate, hassle free experience, easy repayment options and low credit scores. But one also must know the important details that are rele...
5 important things to know before you take a loan out against your life insurance policy
5 important things to know before you take a loan out against your life insurance policy
Source: PNB Metlife
19/04/2021 3:08:10 PM
Things you should know about insurance claim settlement ratio - PNB MetLife Today the world is full of uncertainties. In such apprehensive times, you worry about your family’s well-being in your absence. This is the reason why life insurance has become so popular in recent times. However, some ambiguity still remains when you have to opt for a life insurance provider. Many of us have heard negative feedback that the insurance settlement process is highly cumbersome, and most of the times, get delayed or denied. Claim settlement as well as third party insurance ...
Things you should know about insurance claim settlement ratio - PNB MetLife
Things you should know about insurance claim settlement ratio - PNB MetLife
Source: PNB Metlife
19/04/2021 3:02:05 PM
Life Insurance Surrender - Is it the best Option? - PNB MetLife There are times when you are faced with a situation where liquidating your assets seems like the best option available. This might be due to a financial emergency, while in other cases you may receive a more lucrative investment offer which makes you relook at your existing portfolio of investments. However, when exiting a life insurance policy, one must consider certain critical factors before making any hasty decisions. It is important to understand that life insurance is prima...
Life Insurance Surrender - Is it the best Option? - PNB MetLife
Life Insurance Surrender - Is it the best Option? - PNB MetLife
Source: PNB Metlife
19/04/2021 2:52:58 PM
Is It Better To Surrender Your Term Insurance? - PNB MetLife A life insurance policy is important because it safeguards the financial interests of our family in the unfortunate event of one’s premature demise, accident, disability. When a family is bearing the emotional strain of the loss of a loved one, an insurance policy makes sure they don’t have to dive into a vortex of financial worries on top of this grief. Thus, there’s no denying the crucial role life insurance policy can play. One such type of the life insurance policy is th...
Is It Better To Surrender Your Term Insurance? - PNB MetLife
Is It Better To Surrender Your Term Insurance? - PNB MetLife
Source: PNB Metlife
19/04/2021 2:15:03 PM
Cost breakdown for upper middle class wedding in India - PNB MetLife It’s no surprise that the big fat Indian wedding is one of the most significant expenditures incurred by Indian families. In the case of the upper-middle-class wedding cost, banquet weddings scale up to anywhere between Rs. 25 and 70 lakhs. How does the expense of one ceremony reach such large amounts? Here’s the cost breakdown for a typical Indian upper middle-class wedding. A significant chunk of wedding expenses is based on the venue selected. These venues are large open spa...
Cost breakdown for upper middle class wedding in India - PNB MetLife
Cost breakdown for upper middle class wedding in India - PNB MetLife
Source: PNB Metlife
19/04/2021 1:02:26 PM