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MetLife Mera Wealth Plan
MetLife Mera Wealth Plan
MetLife Mera Heart and Cancer Care
MetLife Mera Heart and Cancer Care
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MetLife Mera Wealth Plan
MetLife Mera Wealth Plan
MetLife Mera Heart and Cancer Care
MetLife Mera Heart and Cancer Care
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MetLife Mera Wealth Plan
MetLife Mera Wealth Plan
MetLife Mera Heart and Cancer Care
MetLife Mera Heart and Cancer Care
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MetLife Mera Heart and Cancer Care
MetLife Mera Heart and Cancer Care
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If you have paid income tax in excess of what is due in a year, you can claim a refund on the same. All you need to do is file your ITR on time. Here’s a brief look at the process.
Having an extremely short tenure for term insurance may not always be the right decision and defeats the very purpose of the term insurance concept. Whereas, if it is longer than required; then you may land up paying a higher number of premiums. Therefore, the term insurance duration is a critical aspect to consider when opting for this instrument.
Life is full of uncertainties, which makes the purchase of a life insurance policy has become highly imperative. India has emerged as an important global contributor in the world, and despite Indians staying abroad, they may have family or home here. Considering this, the context of life or term insurance for NRIs has become as critical as it is for resident Indians. Besides, NRIs are great investors in the Indian market and go a long way in its development and growth.
Imagine you are 30 years of age and earn a limited income but have a wife and child to support. You are the sole breadwinner of the family and in constant stress about what will be your family’s future in the event of your untimely death. The best way to mitigate this stress is to purchase a life insurance policy.
Life insurance comes into play when the insured pays a specific amount of premium for a fixed period to ensure the financial security of the family post the insured’s death. A life insurance policy needs to be renewed or revived periodically, generally every year, to keep the coverage active. Imagine there is some dire financial situation in your life, and you are unable to pay your life insurance premium at the due date, then what? Did you know in this unfortunate situation, your life insurance policy lapses, despite you having paid all the earlier premiums regularly? All the policy benefits get nullified, be it the sum assured or the death benefit.
A life insurance policy is an agreement between an insured and an insurance company which puts an obligation on the part of the company to offer an assured sum of money either on maturity to the insured or as a death benefit to the nominee. Being a life coverage, it protects the financial wellbeing of your dependents completely, thereby helping you lead a stress-free life. This also works as a financial shield against any debt or loan you are unable to pay before your death because the amount is sufficient enough to take care of obligations as well as serve as a saving for the dependents. Finally, the tax benefits that come with every insurance product is also present here to help you reduce your tax liability.
Bankers help others with their finances, but how can they ensure financial security of their own families? Read on to find out the best term insurance options for bankers, and the reasons why.
Salaried employees may find that earning higher income comes with an increase in their tax liability. Fortunately, a little bit of tax optimization can provide a great deal of tax relief. Here’s how.