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Showing posts from July, 2018

Indian Money Reviews - IRDAI Looks To Minimize Health Insurance Exclusions

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Many people stay away from taking a health insurance plan because of the exclusions. But now IRDAI has taken a positive step to reduce exclusions, which is a positive sign that will help in bringing greater transparency into health insurance plans . Indian Money CEO reveals how this reduction in exclusions holds a lot of promise for common people. Want to know more on  Health Insurance ? We at  IndianMoney.com  will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service.  IndianMoney.com  is not a seller of any financial products. Health Insurance Exclusions What are the common health insurance exclusions? Common exclusions include: Pregnancy and associated expenditures such as on vaccination, child birth, and similar other costs do not get immediate coverage. Pre-existing diseases have a waiting period between two to four years prior to start of the coverage and includes diseases such as hig

Indian Money Review, Indian Money Bangalore - Best Term Insurance Plans in India

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Among all life insurance plans, term life insurance plans are the most important. You have to pay a premium and you get cover (protection) for a fixed time period, called tenure of the term insurance plan. If a policyholder dies within the term of the plan, nominees get the sum assured also called the death benefits. Nominees can pay back  car loans  and  home loans  with the death benefit. If you survive the term of the plan, you get nothing. Want to know more on  term life insurance plans ? We at  IndianMoney.com  will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service.  IndianMoney.com  is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.  Best Term Insurance Plans in India  Want to pick the best term insurance plan? Follow these tips. STEP 1. Pick an insurer with a good claim settlement

Indian Money Review, IndianMoney.com teams up with Oneindia to spread financial literacy

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IndianMoney.com  has partnered with Oneindia, India’s #1 Language Portal, with an intention to spread financial literacy and awareness.  IndianMoney.com ’s videos related to personal finance will be available on different platforms of  www.oneindia.com  in English, Kannada and Telugu. IndianMoney.com  has established an MOU with Greynium Information Technologies Private Limited. CEO of Greynium Information Technologies Private Limited, Sriram Hebbar, and Founder and CEO,  IndianMoney.com , C S Sudheer, have signed a Memorandum of Understanding. Studies have shown more than 76% of adults in India do not understand even basic financial concepts. This is shocking for a Nation with nearly a fifth of the World’s population. Financial literacy helps ensure economic security of families. Citizens who are financially literate do not get cheated by unscrupulous elements in the financial services industry. IndianMoney.com  was conceptualized in the year 2008, to address the glaring

Indian Money Dot com Review - Status of Income Tax Return: 5 Terms You Should Know

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While you definitely exercise due diligence while filing income tax returns (ITR), you should be on your toes and regularly check the status of your income tax return. It is very crucial to exercise due diligence when filing income tax returns ( ITR ). Tax rules keep changing and many laymen find them difficult to understand. Making mistakes when filing income tax returns may land you in a soup. Want to know more on  Tax Planning ? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com Review is not a seller of any financial products.  Status of Income Tax Return: 5 Terms You Should Know Income tax returns are deemed to be complete, only if a taxpayer verifies them. Verification of returns is mandatory for the Centralized Processing Centre (CPC) of the Income Tax Department to accept and process the returns. It is a declaration that all the details furnished by you in the I

Indian Money Reviews - Top 5 Reasons to Buy Term Life Insurance in Your 30s

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It is said,  Better Late than Never . But, this doesn’t apply everywhere. You should avail a Term Life Insurance Plan, at least in your early 30s. What difference will it make? Let’s find out. Until you reach the 30s, you may struggle to get a good job. Now, when you hit your 30s, you may enjoy a decent career. You earn well, are in  good health and are planning to start a family. You must have also started investing to buy a house or a  car . In short, you become more responsible in your 30s. 5 Reasons to Buy Term Insurance in Your 30s Responsibility is an on-going process. It never ends. Let’s face it, you need money to survive. Therefore, you are not really responsible until you insure your life. Insuring your life is a selfless act. Availing a term life insurance plan makes sure your family has the financial support in your absence. So, when should you buy a term life insurance plan? The best age to buy is by the time you turn 30. Do not wait until it’s too late. Buy

Indian Money Reviews, Indian Money Bangalore - Benefits of Filing Income Taxes Early

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India needs IndianMoney.com .   Because it's unrealistic to expect genuine and unbiased free consultation from an agent or seller of financial products. .   Because there is a need to get access to experts who would highlight the fine print that needs to be read before signing on the dotted lines. . Because speaking to an expert can save hours/days spent on web search. The last date to file ITR is July 31 st . You have less than a month to file taxes and avoid penalties. If you miss the deadline and file ITR between August 1 st  2018 and December 31 st  2018, you will have to pay a penalty of Rs 5,000. What if you miss even this deadline? Well, if you file ITR between January 1 st  2019 and March 31 st  2019, you will have to pay a penalty of Rs 10,000. If your total income doesn’t exceed Rs 5 Lakhs, then the fee/penalty must not exceed Rs 1,000. But, let’s not talk about taxes. Let’s talk about the benefits of filing income tax returns (ITR) early. Want to know

Indian Money Reviews, Indian Money - 5 Smart Ways to Improve Your Financial Plan in 2018

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Financial planning helps you achieve short, medium and  long-term financial goals . It considers your current financial behavior and variables to predict and design your future financial position so that you achieve your financial goals. To be financially successful, setting financial goals is of utmost importance. Financial goals can be of three types: short-term, medium-term and long-term. We will be discussing how to create and manage a long-term financial plan so as to achieve long-term financial goals. 5 Smart Ways to Improve Your Financial Plan In 2018 We all have dreams and goals like buying a  house , living a peaceful retired life, educating your children in the best universities, buying a high-end  car , going on an exotic holiday and so on. But your dreams will remain just that if you do not have the money to make them come true. So, setting a goal alone is not enough, you need to plan for it in financial terms. This is when savings and investments come into th

Indian Money Reviews - Free Financial Education and Investment Advisor

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IndianMoney.com  was conceptualized in the year 2008, to address the glaring need of financial education among the common man. Mr C.S. Sudheer founded Indian Money dot com, which is India’s largest free unbiased financial education Company, at the age of 22.  IndianMoney.com Bangalore educates people over a telephone call with the help of Proprietary Need Analyzer which records the voice of consumers and their aspirations before offering solutions. The Company’s unique offering has helped more than 32 Lakh people make wise educated financial decisions. IndianMoney.com Review currently educates about 21,000 people a day, and has the capability to easily scale it up to 1, 00,000 a day. Why is financial literacy important in India?  Studies have shown that financial literacy is not a priority in India. More than 76% of adults do not understand even basic financial concepts. This is shocking considering more than 17.5% of the World’s population resides in India. Does financ