Why you should avoid most add-ons, optional features of term insurance plans

THE ECONOMIC TIMES Tue, Jun 13, 2017 | 06:33 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA, #sukanya samriddhi yojana calculator, #income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

Why you should avoid most add-ons, optional features of term insurance plans Insurance companies have added several new features in their term plans. While some benefit buyers, most of these additions are avoidable. Now you can pay rent using your credit card A London-based company RedGirraffe's fintech platform, RentPay, allows you to pay rent through credit cards of select Indian banks. Here's how it works. Financial tasks that you need to do right away From July 1, it will be mandatory to link your Aadhaar card to your bank account, PAN and mobile number. Here are some financial tasks that you need to do now. From our Partners Aditya Birla Health Insurance – Seeing The Big Picture A thoughtfully created product from the trusted Aditya Birla Group, Aditya Birla Health Insurance goes a step ahead to offer "Health Assurance." From our Partners All you must know about GST Join experts as they discuss the essentials of GST in Bangalore Flight cancelled, delayed or denied boarding? Here's the compensation you can claim Here are your rights about what you should do if you're denied boarding, or if your flight gets delayed or cancelled while travelling. Why you should hold on to long duration bonds, mutual funds Though the Reserve Bank of India left key policy rates unchanged in its latest meet, a rate cut in August is a real possibility. Why infrastructure mutual funds are a good bet for long term investors now Long-term investors may gain from the likely rise in infrastructure companies' earnings on account of government spending. What kind of resume gets you shortlisted for an interview? Here are the inputs from 690 recruiters and hiring managers that reveal the skills and experience you need to grab the attention and bag the job. From our Partners We create 100% indigenous power solutions: Yoshiaki Inayama, Toshiba Electricity is one of the basic constituents for the economic growth of a country and as you said there are various initiatives taken in the country in the past few years to improve the power situation. From our Partners Why you must buy Samsung QLED TV? Why you must buy Samsung QLED TV?

Financial Calculators Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

Comparing life cover with mutual funds is not correct: Anuj Mathur, Canara HSBC OBC Life Insurance "A product offering life insurance with a guaranteed return of 5% over 20-25 years is a decent deal," Anuj Mathur CEO, Canara HSBC OBC Life Insurance How to choose a term insurance plan Costs alone should not be the criterion when choosing a term plan. Keep these factors in mind when you go shopping for a life insurance policy. Is 'buy and hold' the right rule for equity investments? Buy and hold sounds easy to execute. It is a form of passive investing where one has to waits for his investments to grow. Which papers should you throw and which should you keep? Find out which documents you should retain forever and the ones you can discard after a few years. How to organise your bills, receipts, important papers systematically This summer force yourself to take out a few hours from your busy life and de-clutter your desk or cupboard. Here's how you can get started. SBI Bluechip Fund: Among the best large-cap mutual funds With a 10-year return of 11.4%, the fund has outperformed both the benchmark (8.86%) and the category average (10.01%). Why direct plans of mutual funds may not suit all types of investors All funds come in two variants— regular and direct— which are technically separate funds but manage your money identically. 11 ways iOS11 is better than previous version ET Wealth familiarises you with some interesting new features of the next version of Apple's operating system for the iPhone and iPad, iOS 11. Research well and book on time to save while travelling: Arpit Pant, Preferred Hotels & Resorts "Choose the flights, accommodation and transport depending on the destination and experience you seek while making your travel plans." Residential housing launches decline due to RERA Launches in the residential sector are expected to remain restricted over the next 2 to 3 quarters as developers will be making changes to comply with RERA norms. Stock pick of the week: Why analysts expect KNR Constructions' high growth to continue Industry-beating growth, strong fundamentals, huge opportunity in the roads sector and reasonable valuations have made KNR analysts' top pick. MF Portfolio Doctor: Why Avinash should reduce the number of funds he has invested in How is your mutual fund portfolio doing? Not many investors are able to answer this. This section will provide the answer. As you near old age, plan how to divide your wealth between retirement, charity and legacies A large group of investors who have saved enough to last their retirement are wondering how to best redistribute their wealth among their children and themselves. What to do if you lose credit or debit card An FIR must be lodged at the nearest police station if you lose your card. A copy of the FIR can be given to the bank when reporting the loss. Family Finance: Mumbai-based Tewari will have to stagger his goals in line with available surplus Mumbai based salaried, Abhishek Tewari, 27, has goals to save for his wedding, taking a vacation, buying a house and saving for retirement. 5 smart things to know about Strategic Asset Allocation SAA involves detailed assessment of an investor's goals and their preferences toward risk through discussions and questionnaires. How startup Banka Silk is empowering weavers and artisans from Bihar The identity of artisans was created in the name of Banka Silk to provide them recognition across national and global platforms. Alternative investment returns monitor: For the week ending June 7, 2017 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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