Is the Term Insurance Claim Amount Taxable?
No, the term insurance death claim amount received by the nominee is generally tax-free in India. Under the current Income-tax…
Is Travel Insurance Mandatory for Dubai?
Yes, health insurance is generally mandatory for Dubai tourist and visit visas. Dubai’s immigration authority, the General Directorate of Residency…
Top 5 Old Furniture Market in Delhi
Delhi’s old furniture markets are filled with pieces that have already lived one life and are ready to begin another.…
Is Cancer Covered in Health Insurance?
Yes, cancer treatment is generally covered under comprehensive health insurance policies in India, provided the illness and treatment satisfy the…
Is Insurance Mandatory for a Personal Loan?
No, personal loan insurance is generally not mandatory in India. There is no general legal requirement that every borrower must…
Term Loan and Working Capital Loan: What’s the Difference?
A business can need money for two very different reasons. One day, it may want ₹25 lakh to purchase a…
Gold Loan Advantages and Disadvantages
Gold often sits quietly in a locker for years. A necklace bought for a wedding, bangles passed down through the…
Payday Loan Advantages and Disadvantages
A financial emergency rarely arrives at a convenient time. A car may break down three days before payday, an unexpected…
Loan Against LIC Policy: Advantages and Disadvantages
A life insurance policy is usually bought for protection and long-term financial security, not for borrowing money. Yet some LIC…
Secured Business Loan Advantages and Disadvantages
A business may have a profitable idea, regular customers and a clear expansion plan, yet still need more money than…