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Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the uncertain event which causes a loss. The insured pays a premium in return for the promise made by the insurer.
What are equity funds? Contrary to popular thinking, mutual funds can have a mix of equity and debt securities. But, equity funds are those where the investor money largely goes into shares of various...
June 30, 2023
Looking to buy a used car? Before making any decisions, it’s essential to consider the financial aspects, such as the loan amount, interest rate, and monthly instalments. By calculating yo...
July 5, 2024
Running a micro, small, or medium enterprise (MSME) in India comes with its fair share of challenges. While these businesses contribute significantly to the country’s economy, accessing timely f...
April 10, 2024
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