ALL ABOUT FINANCE AND MONEY

 INDIA is a country of 130 crore people and maximum are from middle class family. So we always looks for some extra money to earn and to live our life happily. And one of the proven way to have good amount of money in hand when we should invest our money in financial securities. One of the instrument for investment is COMMERCIAL PAPER . Lets check out  some of the important points before investing in it..             WHAT IS IT:   Commercial Paper also known as CP is a short term debt instrument issued by the companies to raise funds generally for a time period of one year..       ISSUING AUTHORITY :  Mainly issued by the large banks or the corporation to meet their short term borrowings..   MINIMUM INVESTMENT : 5 Lakh or multiple of it..   MATURITY PERIOD:  15 Days to 1 Year   RATING : As no collateral has been attached with it so the company with high credit rating shall hav...

 Covid-19 generally known as Corona Virus is spreading at a fast pace in the whole world  and its recent target is INDIA. Till now India has 294 confirmed cases of which 4 have been reported dead by the Government. Now at this critical period of time  two insurance company has launched 2 health insurance policy to support you if you are tested positive and need hospitalization. Those two company are STAR HEALTH INSURANCE and ICICI LOMBARD . Lets check out the important pointers in this insurance policy.. THE STAR NOVEL CORONA VIRUS POLICY Age group covered- 18-65 years Sum Insured- 21000 and 42000 Premium- 459 for 21000 and 918 for 42000 Waiting period-  16 days Tenure of the policy- 1year Hospitalization cost equal to sum insured has been paid by STAR Health. All existing policy holders of STAR HEALTH are covered for corona virus under their existing policy for hospitalization and treatment expenses..   ICICI LOMBARD GENERAL INSURANCE COVID...

In India we still don't have enough penetration on the equity market. Merely 4-5 % of the total population invest in equity market and that too through Mutual Fund. Today in this article we would like to explain the 3 main weapon that an investor has in their hand while investing in a mutual fund scheme for long term wealth creation or to fulfill the dreams that he/she has for long term. And those 3 weapon are SIP SWP and STP which means  systematic investment plan, systematic withdrawal plan and systematic transfer plan..    SYSTEMATIC INVESTMENT PLAN (SIP).. SIP or Systematic Investment Plan is a systematic way of investing money in mutual fund scheme. An investor can invest money every month every quarter or year in a plan based on the goal he/she has for long term period. It encourages the investors to get the advantage of rupee cost averaging and the power of compounding for a long period of time. An investor can also reinvest the interest/ dividend earned from ...

  Death is always sad for the family of the deciesed but someone's death doesn't stop the other family members to stop their life from living and for living they need the death claim benefit from the insurance company and by these following procedure one can claim the death benefit from the Insurance company 1) Firstly inform the insurance agency about the death of the policy holder and also inform them whether it is an early death or non early death. An early death is that death which happens within 3 years from the date of commencement or revival of the policy (whichever is later). 2) Get the claim settlement form from the Insurance Company, fill it with all the details and attach all the related document :-        a) Original Policy documents        b) Nominee Details        c)  Death Certificate duly notarised        d) Medical Certificate as cause of death from the hosp...