Very prudent life insurance company manages its funds in a manner that
genuine claims are paid. This is ensured through
appropriate selection of lives at the proposal stage and investigation
of early/suspicious claims.
Clearly, timely settlement is good for the policyholder as well as the
insurer. By walking that extra mile in understanding what it takes to
file a claim you can do your bit to speed up the claim process.
A number of large government-owned companies are likely to bring initial
public offers, or IPOs, with the Securities and Exchange Board of India
(Sebi) telling them to dilute at least 25% stake to the public.
The past 18 months have been tough for developers. Investor sentiment
was low as sluggish economic growth reduced incomes and high inflation
led to a rise in interest rates and lower savings, forcing people to
Did you know there is an insurance cover that comes with air tickets. It makes airlines liable to pay compensation for loss or damage to your
luggage, besides injury or death, due to their fault. Here are some more covers you probably don't know about.
The uncertainty around interest rates is likely to continue in the foreseeable future. Experts in the industry expect these movements to be governed largely by inflation trends and advice you to plan investements on a medium-term basis.
individuals cross the thin line between tax planning and tax evasion and end up on the wrong side of law. One
such instance is taxpayers claiming deduction on house rent allowance
(HRA) as well as interest paid on home loan while living in their own
While preparing your returns, back-up documentation is necessary as it supports subsequent tax assessment. With e- filing of tax returns becoming mandatory, no document needs to
be filed with the authorities; however, it is
important that a salaried tax payer maintains adequate documents in
support of his tax return.
As a commodity investor, you can take advantage of the resulting
shortages pushing up prices. For instance, in 2002-03, when El Nino
disrupted the monsoon, castor seed production fell 34 per cent. As a result, its
price zoomed 30 per cent during the summer season.
Check the difference between the circle rate and the market
rate in the past and at current levels. A lower gap between the two will be beneficial since loans are given on the
basis of sales deed which is closer to the circle rates.
The ending of the uncertainty about who will lead IT company Infosys
with the appointment of Vishal Sikka as the chief executive officer
(CEO) is likely to boost the company's stock. Brokerages give a thumbs up to the appointment of a new CEO at Infosys.
Although the norms for approving home loans have eased in the recent
past, don't expect it to be a cake-walk. One small mistake can result in
you merely dreaming of the house, and never actually owning it.
In our cover story, we tell you all you need to know to ensure smooth
claims processing across life, health and general insurance claims and
also give you some valuable tips to help you remain prepared.