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The Finance Ministry recently penalized Public Sector Banks (PSBs) for improperly marketing insurance products, particularly when linked to home loan offerings. The Central Vigilance Commission has also cautioned against forced insurance sales, stating that the lure of commissions could negatively impact the overall quality of home loan disbursements. While government bodies and its agencies are …
Let us first understand – ‘What are ULIPs’? Insurance plans are intended to assist people in achieving their long-term objectives. A Unit Linked Insurance Plan (ULIP or commonly known as ‘Ulip’) is a form of life insurance plan that brings together investment alongside coverage. It is the sort of insurance coverage that both enables investors preserve for long-term goals …
It is crucial to create a well-balanced financial plan to fund higher education costs. In this blog, we will discuss how to build a child education investment strategy. The cost of quality education has surged over the past decade, making it essential to start planning early. While tuition fees have reached an all-time high, a …