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We are all aware of the proverb “Prevention is better than cure”. So, the practical applicability of this proverb in our personal life, that too, the applicability of this in our personal finance comes when we secure ourselves and our high-ticket purchases from any loss or damages. For the majority of us, buying a home …
The Finance Ministry recently penalized Public-sector Banks (PSBs) for improperly marketing products related to insurance. The Central Vigilance Commission has also warned against compelled insurance sales, claiming that the temptation of commissions from their sale might alter the overall quality of loans issued. While government bodies and its agencies are taking efforts to avoid mis-selling, customers …