Ending days of speculation of who will the Obama’s back for their Democratic presidential nominee, Barack and Michelle Obama finally ended the suspense by endorsing Kamala Harris for the US President. In a phone call to Harris, the Obamas can be heard backing Harris’ bid and ‘doing everything they can’ to get her to the White House after the elections in November. Watch to know more!
26 Jul 2024Will Smith will perform at the BET Awards with Taraji P. Henson hosting. Here’s what to know
2 min read29 Jun 2024You can nominate family members such as parents, spouse, or children, or other individuals. If you choose to nominate a minor, you must also provide the details of their guardian.
3 min read10 May 2024For term insurance, the only applicable exclusion is suicide in the first year of the policyWhile selecting a health plan, you should lay maximum emphasis on the waiting period for pre-existing conditions
2 min read11 Nov 2019Claim settlement ratio is the ratio of the number of claims that the insurer has paid over the number of claims filed by the nominees during a particular periodIt’s important for a customer to look into this number to get an idea of how efficiently and quickly the claims are processed by an insurer
1 min read10 Aug 2019Except for spouse, children and parents, any other member of the family are only considered as custodian of the insurance proceeds
2 min read9 Jun 2019Since your existing plan has already been running for more than four years, there will be no waiting period in the new plan. All claims would be admissible immediately.You can take a life policy and make an arrangement to ensure that your dogs become the ultimate beneficiaries
2 min read25 Mar 2019If the death has occurred due to an accident, FIR copy and the post-mortem report must be submitted
3 min read14 Jan 2019If there is no nomination, but there’s a Will, the executor needs to get a probate from a court. Once the court approves the probate, the bank will release the assets as per the Will
2 min read14 Jan 2019In the case of a nomination by the deceased, while the banks will transfer the amount to the nominee, the nominee holds it in trust for the heirs of the deceased as per the succession law and the nominee will be required to transfer it to the heirs of the deceased (see (2010)10SC C 671)
1 min read9 Jan 2019The 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