Financial tips for freelancers and self-employed

Financial tips for freelancers and self-employed

Everyone needs financial planning to maintain the economy, regardless of work type. Financial planning may provide monetary security in uncertain times. Due to their unpredictable income, self-employed and freelancers should create a financial strategy. 5 best financial tips for both self-employed and freelancers Here are some essential financial plan steps: Make an individual business account:Keeping […]

Life Insurance

Can Your Clients Get a Loan with Life Insurance Policy?

The loan against the life insurance policy is a convenient way to have a high-ticket credit. This type of loan is considered to be a secured loan. This is a financial contract between lenders and individual borrowers. Lending institutions offer a loan amount depending on the surrender value of the existing policy. Also, the interest[…..]

Motor Insurance

What is the Loss of Personal Belongings Cover in Motor Insurance?

A comprehensive car or motor insurance policy shields your car against theft. But, it never covers the loss of the personal items inside the car when it is stolen. So, there is a way to protect your belongings too. But, it comes with an extra charge. It means you have to pay an additional premium[…..]

Life Insurance

Life Insurance Policy Revival – Benefits, Disadvantages, and More

Do you know that now many insurers allow policyholders to revive their insurance policy? This sudden change encouraged more people to continue their risk coverage. The policyholders are given a 2-year grace period after missing a premium payment for renewing their policy. So, reviving that lapsed policy is now possible. What Is Policy Lapsation? Whenever[…..]

health insurance

What are the convalescence benefits of health insurance?

The convalescence benefits in healthcare insurance are provisions. They are designed to provide financial support to the policyholders after hospitalization during their recovery time. It is a lump-sum amount that you can get as per the policy’s terms and conditions. You can think of it as additional help from your insurance company. Understanding Convalescence Benefits[…..]