Prajna Capital |
- How can you benefit from Mutual Fund SIP?
- Good to get one more backup Health Insurance along with office health cover
- Magnum Equity
| How can you benefit from Mutual Fund SIP? Posted: 10 Oct 2012 03:54 AM PDT Download Mutual Fund Application Forms
How do you benefit from SIP?
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms
Best Performing Mutual Funds
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now  |
| Good to get one more backup Health Insurance along with office health cover Posted: 10 Oct 2012 02:27 AM PDT Download Mutual Fund Application Forms A top-up plan can be of use in case of job shift and at higher age
HEALTH insurance has become important for everyone over the past few years. Constantly rising medical cost inflation and introduction of new medical procedures has made having a mediclaim policy more economical than not having one.
Various organisations have also been providing health insurance to their employees as an incentive or perk. Despite having a health insurance cover from an employer, one is always advised to have a separate health insurance policy so that he is covered even if he leaves his present organisation.
A separate health insurance is advised with a longterm perspective. Supposing one switches his job at an age of 50 or 55 years, then the health insurance premium will be very high and he might be asked to undergo some medical examinations as.
Some insurers offer top up health insurance policy as well that are suitable if the policyholder already has a basic mediclaim policy, either of his own, or from his employer. People who are entering higher age bracket go for top-up policies so that extra coverage is available to them in case of medical emergency.
People who are enjoying health coverage from their organisation should also consider buying a separate health insurance cover for themselves and their dependent parents. Beyond a certain age, insurers might not accept proposal application for parents as per their underwriting guideline or the premium might be too high.
Health insurance portability, introduced last year in October, has, however, made it possible for policyholders to continue the policy from their employer's health insurance company even if they leave their organisation.
As per portability clause, one can transfer his existing policy that is from his employer to a standalone retail health insurance policy. For this the person will have to pay the premium that is being charged by insurer from their retail policyholders
The policyholder will have to send a portability request form 45 days in advance to the insurance company. On receiving the proposal form and portability form, insurer will cross check the claim status, medical condition and other relevant details as per their underwriting guidelines. Once the underwriting team approves the proposal, insurer issues the policy and the insurance comes into effect from the renewal date.
Depending on the medical condition of the policyholder and age, insurer might ask the policyholder to undergo certain medical tests. In case of adverse medical condition, insurer may apply certain exclusions or waiting period.
Portability allows the policyholder to transfer accrued benefits, such as no-claim bonus and waiting period for pre-existing diseases, if they switch from one insurer to another or as in this case, from group policy of employer to a standalone policy.
After portability came into effect, policyholders can renew their existing policy without break. This is particularly helpful for those people who do not have any separate policy. However, certain coverage like maternity and pre-existing disease coverage from day one is not provided under retail segment insurance policies Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com -------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms
Best Performing Mutual Funds
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now  |
| Posted: 10 Oct 2012 01:24 AM PDT Download Mutual Fund Application Forms
The fund reviews its performance after a period of one year. This helps it cash in on various cycles in the markets, and deliver consistent returns. Investors can consider putting money in the fund with a horizon of at least one year
The fund follows three broad strategies for delivering returns just above its benchmark — the S&P CNX Nifty. First, half of the fund's composition is aligned to its benchmark and the rest is periodically churned by the fund manager as and when the markets present opportunities. Second, at any particular period, the weightage of any sector in the fund deviates by a maximum of 600 basis points only from the weightage of the sector in the benchmark. Thirdly, the fund aims to be in the top 15 to 45 percentile of top performing funds. This means that the fund would not be aggressive in being the top performer and it would restrict its exposure to stocks, whichare fundamentally sound and strong players in their sectors. Due to these factors, the fund has been a consistent outperformer in comparison with its peerset and its benchmark. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms
Best Performing Mutual Funds
Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now  |
| You are subscribed to email updates from Prajna Capital - An Investment Guide To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment