Sebi had set June 30, 2024, as the deadline for all existing individual mutual fund holders to nominate or opt out of nomination
A will is a document that dictates how a person’s assets will be distributed after his death.
In conversation with Money9, Deepak Jain, head of sales at Edelweiss AMC explains the importance of nomination for mutual fund investors
In most cases, the nominee in insurance policies is a close relative.
Nomination is required to appoint one or more individuals to accept the asset as custodian following the death of the original owner
Annuity plans are one of the best options for senior citizens, said Mukunda Chatterjee, development officer at Life Insurance Corporation of India
Having adequate health insurance for self and family is the first step towards managing risks
Intentionally self-inflicted injury or inflicted suicide irrespective of the mental condition of the insured will not yield any death benefits
No premium is payable by the employees for availing insurance cover under the EDLI scheme
Depending upon the child’s ability to be independent, parents should consider various heads of expenses that can come up in future