You should buy keyman insurance only for select employees while a group term life insurance plan is generally offered as a uniform benefit to all employees
2 min read21 May 2018A single policy with various riders is convenient but offers low coverage. Standalone policies offer more comprehensive coverage
3 min read8 Apr 2018Under the recent rules on nomination, a friend will not be a beneficial nominee. A beneficiary has to be a family member or a specified relative
4 min read12 Feb 2018The investor, typically, takes the sum assured equal to the money invested
2 min read31 Dec 2015Keyperson is a term insurance policy where sum assured is linked to the profitability of a company
2 min read30 Apr 2013Ask Mint Money | Keyman and term: structure same, aim and tax treatment different
2 min read5 Jun 2012Ask Mint Money | Loss-making firms get keyman insurance in exceptional cases
2 min read26 Jul 2011Ask Mint Money | Keyman insurance beneficial, but comes with certain clauses
1 min read28 Jun 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared