OMLET

Shoutout to our amazing Resource Person Bharat Munim for making our Financial Literacy Seminar a resounding success!

Your expertise and insights have empowered the participants to take charge of their financial futures.

Thank you for sharing your knowledge and inspiring others!

Seminar Details
College- Sree Narayana College, Chempazhanthy
Date - 20th & 21st November 2023
Principal Name - Prof. Dr. AS Rakhee
Co-ordinator Name - Mrs Veena

Ever wondered how people make  money through mutual funds? Swipe to know how does one earn money through mutual funds.

To know more about mutual funds  keep following

Mediclaim ya health insurances choose the right plain ?
That depends on several factors like the amount of premium you want to pay your age the number of dependents you have, family history of diseases and so on. But you must remember that higher the coverage, higher the premium you have to pay.

Which of the following is the primary goal of financial management ?

Comment down your answers below
The correct answer will be out soon

Follow for more such content 👌

Buying a term insurance plan is easier than you think. Almost all insurers now Offer online policies with different options and additional features. Each of these variants is useful in certain situations. While this profusion of choices is good news, it can also become a problem. Here are a few things to keep in mind when you go:

Insurance Cover:
A Rs 1 crore cover may seem adequate, but inflation will keep eroding its value. For this, some companies have designed plans that increase the cover every few years. The cover increases by 5-10% every few years, but there is a cap on the maximum increase.

Don't avoid medical tests:
Not going for a medical test may be convenient, but will be costlier. The premiums are lower if the medical test shows that the applicant is in good health. More importantly, once you go through the medical tests, the onus of spotting the pre-existing disease shifts to the company.

Get the tenure right:
Don't buy a plan of 15-20 years that will end when you are in your 50s. The life insurance needs are highest at that stage of life. Buying a new insurance policy in your 50s will be very costly. You might even be denied the cover if you have developed a health condition.

Follow for more such topics 👌

Home Owners vs home insurance 🏡

Home insurance protects against unanticipated events such as natural disasters like (storms, floods, and landslides) and man-made disasters like (burglary, riots, theft, and so on).

For more such content follow

insurance

When was the general insurance corporation of India formed?

Comment down your answers below
The correct answer will be out soon

Follow for more such content 👌