What is a preferred loan in life insurance?
What is a preferred loan in life insurance?Some policies offer “preferred” loans. This means that under prescribed conditions--one portion of...
LIFE
Can I assign my life insurance policy?
Can I assign my life insurance policy?You can freely assign your life insurance policy unless some limitation is specified in...
Is money required to open a bank account?
Is money required to open a bank account?Large private banks may require ₹10,000-15,000 MAB in metros and ₹500-1,000 in semi-urban...
What is bank paid-up capital?
What is bank paid-up capital?Paid-up capital represents money that is not borrowed. A company that is fully paid-up has sold...
How many banks are nationalised in 1969?
How many banks are nationalised in 1969?14 major At 8.30 pm on the night of July 19, 1969, then prime...
What banks can you open an account online?
What banks can you open an account online?Following is a partial list of banks that can open an account entirely...
Is chime a good bank?
Is chime a good bank?Overall bank rating The bottom line: Chime is an online-only financial technology company that partners with...
How do banks make money with life insurance?
How do banks make money with life insurance?Basically, the bank sets up the insurance contract, makes payments into a specialized...
What is the minimum capital required to start a bank?
What is the minimum capital required to start a bank?(i) The initial minimum paid-up capital for a new bank shall...
What are the documents to be required for maturity claims of life policies?
What are the documents to be required for maturity claims of life policies?To file a maturity claim you will usually...
