Finance

Every person wants to safeguard their family from financial problems in case of any medical conditions. Hence, many opt for health insurance to get financial cover against various medical expenses. Primarily, there are two types of health insurance- individual health insurance and family floater policy. While individual health insurance covers the policyholder, a family floater policy covers all the family members of the primary insured person. Let’s take a look at the benefits of family floater policies- Cover Against Medical Expenses Health insurance provides financial assistance to pay for medical expenses. Therefore, it can protect the finances of policyholders. Furthermore, there are plans that cover daycare procedures, hospitalisation expenses, etc. Cost-Effective ...

  Trading in the online form is a popular method of transaction for financial products. The brokers have gone online with their platforms which provide all types of financial instruments like stocks, commodities, bonds, ETFs, and futures. Traditionally, a buyer who wants to invest in a stock calls the brokerage firm and asks them for a request to buy stocks of a company for a specific amount. The broker tells them the market price of the stock and confirms the order. After that, the order is placed on the stock exchange. Benefits: if a user places an order to buy stock from Online Trading, then the order gets saved in the database of the trading member platform and the exchange platform. If the price matches user demands, then it confirms the order, and the process is validat...

Before you invest in IPO, you need to check a few things. Some of the vital things are enlisted as under: The Risk factor - No venture is liberated from hazard. Indeed, even your proper store in a public area bank isn't actually protected. Along these lines, on the off chance that you are putting resources into an IPO, be ready to manage some level of hazard. Remember that the organization drifting a LIC IPO amount as it has up to this point been exclusive. It might have a potential for development, yet that is no assurance of future achievement in the area inside which it works. Risky hunger - How much gamble would you be able to take before you invest in IPO. Assuming your underlying response is very little, reconsider. Evaluate what is happening, your liabilities, age, and differe...

Personal loans are short-term loans without any collateral requirement. These loans are easy to procure and can be used as per one’s need and will. The documentation process of the personal loan is simple and hence is dispursed quickly. Short-term personal loans are those which are availed for a short tenure of up to 0-24 months at a pre-defined rate of interest. The borrower needs to repay the personal loan in easy instalments. These loans come in handy when you do not want to stretch the loan tenure. Being flexible, the borrower is not liable to tell the lender how he will use the loan amount. Below is a comprehensive list of the different personal loan options one can grab to meet their short-term cash needs. WEDDING LOANS  Wedding loans are personal loans to meet the expen...

Let me guess. You decided that you would start a business of your own, and now you need a business loan cash advance. Well, we have been there, and this article will help you with the know-how of business loans. So What Is A Business Loan? As the title suggests, a business loan is a loan taken specifically for a business. It involves taking debt and paying it with the required interest. Business loans help business owners finance their business. Who Can Get A Business Loan? Given Below Are The Persons Who Are Eligible to apply For A Business Loan: Individuals Who Are Self Employed Proprietors Firms Which Have A Partnership Private Limited Companies Who Are Involved In Manufacturing Traders People Who Deal With Services There are many types of business loans...

LIC is all set for going public!  When someone says a company is going public, they are referring to the fact that the company is selling shares to the public. This is different than when the company was privately owned. Prior to going public, a company is private. Investors buy shares of a company in the hopes of making a profit. The process of a private company going public is called Public Offering or IPO. An IPO is the most common way for a company to raise capital. It is the most public form of raising capital and the most accessible for retail investors. It allows a company to sell shares to the general public, which can be traded like stocks and give the investor the ability to have a piece of the company. It also allows the company to get cash to grow the business. Why is LIC...

Debt consolidation is the process of taking out a new loan to pay off multiple existing debts. This can be an effective way to reduce your monthly payments, as well as the overall interest you are paying on your debt. There are a few things to consider before consolidating debt, however, such as whether or not you will qualify for a new loan and what the terms of that loan will be. If you have good credit, you may be able to qualify for a balance transfer credit card with a 0% introductory APR period. This can allow you to transfer your existing debt onto the new card and save on interest for a period of time. Just be sure to make your payments on time and in full each month, as missed payments can cancel out any interest savings. Another option for consolidating debt is taking o...

Over 20 years have passed since IBANs were first used. Using 34 alphanumeric characters, virtual IBANs help banking systems send money to the correct country, bank, and branch of a physical bank. The traditional IBAN, however, is not ideally suited to the needs of online merchants as they were created before eCommerce became mainstream. Meanwhile, alternatives to traditional banking services can be very helpful for online merchants who need to receive money from their acquirers and send funds to partners and suppliers around the globe. What Is A Virtual IBAN? A new alternative to the traditional IBAN has emerged as more and more business is conducted online. Virtual IBANs are numbers that do not correspond to physical accounts. Instead, incoming payments can be routed to a physica...

As soon as you determine that you want to find a short-term rental home, you should begin searching online and talking to others in the neighbourhood. It's a good idea to start looking at housing options in the area where you plan to temporarily settle as soon as possible. Taking your time to finish the rental process, including price discussions and reference checks, is another benefit. There are several jurisdictions that need landlords to have a specific business licence, which can be obtained by applying for one on the internet. In addition, they may be required to be placed in a certain zoning district, to pay special taxes, and to comply with specialised short-term tenants rules. In addition to looking for a short-term apartment or house online, ask your parents, friends, family,...

While buying a life insurance policy online is gaining popularity for the right reasons, it is also essential to be careful and not fall into a trap. Buying anything online, including insurance policies, exposes you to online frauds, which can dupe you of your money. Keep reading to know some of the online insurance frauds and how to avoid them.  Buying a life insurance policy online has many benefits, such as; You can get policies at more competitive prices. You can evaluate and decide from the comforts of your home. The policy is generated in real-time. You can decide on the type of policy without pesky salesmen hovering around your head. While buying a life insurance policy online indeed has its benefits, it also exposes you to certain dangerous albeit manageable ris...