Financial planning is the task of determining how can a business will afford to achieve its strategic goals and objectives. Financial planning is the process that provides you a framework for achieving your life goals in a systematic and planned way by avoiding the shocks and surprises. Usually, any company creates a Financial Plan immediately after their vision and objectives have been set. The following are the rules to be [...]
KYC or Know Your Customer is to identify the customer. The Securities and Exchange Board of India (SEBI) has laid down these guidelines under the Prevention of Money Laundering Act 2002. According to which, it is binding for financial institutions and financial intermediaries like Mutual Funds to acquaint themselves with their customers. By getting the KYC form filled from their customers, helps prevent money laundering and other suspicious transactions. To [...]
About Mobile insurance has recently picked up as the people have started using high-end cellphones. Which is why there is more mobile phone theft than ever before. And this has made every user cautious to buy insurance online that would benefit them. If you're running an agency, they should first consider learning How to build your own insurance agency and how to hire and retain young insurance agents. In addition to [...]
The best policy for a child? How to choose it and are investing in the right place? These are the basic question of every parent. Every parent thinks of the bright future for their children. They always take care of the things that they provide best to their child. The childhood of a kid needs best financial planning and the earlier one begins it, the better future going to be. [...]
An insurance agency can also be known as an insurance brokerage or an independent agency. Agencies have a choice for which insurance carriers they would like to showcase and which private and business products they would like to offer. Insurance Agent is recruited by the agencies for the sales of their insurance schemes. Nowadays, Insurance agency marketing is becoming an important aspect for an agency to increase its customer base. [...]
Before selling an insurance one will need to homework as they have to do research and analysis for customers. Search the best investment option for the customers in insurance. In this digital world, everyone is busy with their work-life that they don’t get time to visit places for shopping. Also, nowadays people do not make any investment plans by visiting the agencies and you can read about building an insurance agency or mutual [...]
What is STP is a question that is on the mind of every investor looking for investment options, particularly in the field of Mutual Funds? The full form of STP is a Systematic Transfer Plan. But before we start understanding what is STP, we must have clarity about SIP (Systematic Investment Plan). First. the SIP is a disciplined way of investing where investors invest a fixed sum at regular intervals [...]
Life insurance policies and plans are the safest and the securest way to protect your family or guardians against the financial contingencies that may arise up post the unfortunate event. Also, as per an Insurance agent in India, the insurer gives assurance to pay a definite sum to the policyholder's family on his demise during the policy term. Also, read about Insurance agent secrets. What is Life Insurance Policy? It [...]
Best large-cap mutual funds - Are you looking to invest in them? Why not the large-cap mutual funds have lots of plus points and gave reason to invest in. They are a type of equity mutual funds. The investors who are looking forward to receiving steady returns and exist for the long - term this is actually a great option and deal. Mutual fund investment is a constant emphasis on [...]
Meaning of Saving Schemes in India Saving Schemes were introduced by the Government of India or public sector financial organisations or Banks. They fluctuate in their interest rates, investment ranges and tax treatments. A saving scheme financially makes one for sudden personal and medical difficulties. It supports one to reach their private purposes and that of their families purposes like - extra educational way to enhance their existing skills, the [...]
