Loan can be a property, money or any other material goods that is given to another party for an exchange to pay in future the loan amount as well as the interest on it. Loans permit growth in overall supply of money in the economy by offering funds to new businesses.
When you borrow money during the time of need, either from a bank, a financial institution, family or friends, it is termed as ‘loan’. There are different types of loans that are available for catering to your various financial needs such as a home loan, car loan, personal loan, education loan, business loan, etc.You may apply for a Loan in case of urgent financial need. These financial emergencies can be; medical emergencies, funds for education wedding, business or for renovating or buying a home.
Life Insurance policy is to cover your family members from financial burden in case of your death. Read more about Few tips before considering loan against your life insurance policy.
Mortgage Insurance Premium is meant to protect you if you fail to repay the amount on account, and also know Mortgage Insurance Benefits and Features
We usually hesitate while buying a term insurance plan. Read 5 Myths about term insurance plans that you should not believe.
There are a lot of questions that are in your mind while deciding on the type of insurance policy. Here are the 5 questions you should ask before buying an Insurance policy
Group Term Life Insurance - Group life insurance policy covers life insurance protection to a group of people. Know how beneficial it is to have group life insurance.
If you think your claim has been unfairly treated, Check the options you get once your claim is rejected.