If you have a car with remote-key/keyless FOB, taking insurance cover for your car keys becomes important. A car key insurance add-on in your policy covers the cost of replacing complete key lockset in a situation where you have lost your car keys.
To avoid getting your insurance claim rejected, you must keep car keys handy at time of making claim.
So far as policyholders of RHICL are concerned, the Authority would like to assure them that all their interests have been adequately protected and all genuine claims will continue to be duly honoured.
The rates of return mentioned in the benefit illustration are not the upper or lower limits of what you may get in reality. You may get even higher gross yield of more than 8 percent per annum or lower than 4 percent per annum on your investment.
If you violate traffic rules, you can get an e-challan notice which you have to pay either online or offline. Hence, make sure that you pay the challan by the deadline, otherwise, any non-compliance may result in forwarding of the challan to court.
A life insurance benefit illustration (BI) is a set of projections, prepared by the actuaries of the insurance company. The BI basically shows how your (policyholders') insurance policy fund/money invested will perform over a period of time.
In a benefit illustration, gross yield is calculated as a percentage (8 percent and 4 percent) based on the portion of premium invested on a year-on-year basis and the net yield is calculated as a certain percentage on the maturity amount.
When a person retires earlier, it is normally expected that his/her post-retirement life would be longer (unless one takes up a second career). Consequently, the person would be expected to need more money to sustain post-retirement.
When you buy a forex card, you are being charged an issuance fee (which is the cost of the card). And, when you buy a credit card from a financial institution, especially for travelling abroad, you need to pay a joining fee and annual fee.
Insurance buyers need to be aware that insurance companies are required to follow certain norms in advertising their policies. The aim of these restrictions is to ensure that insurance buyers should not get hoodwinked by aggressive advertising.
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