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Insurance : Importance, Types and Benefits

What is Insurance? 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 event...

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What are the Different Types of Loans Available in India?

A loan is essentially an amount borrowed for a fixed period. The amount borrowed requires it to be repaid along with a predetermined amount of interest that is calculated on the principal amount. There are different types of loans in India which can be subdivided into secured and...

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A 15-Year Mortgage: Is It A Good Idea To Refinance?

Pros of Paying Off Your House Faster I changed my family’s most important asset, our home, into a very safe 15-year fixed-rate mortgage. This isn’t for me. That is up to you. A few years ago, we could free up an extra five years’ worth of income for other things by...

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Insurance

What Is an Appropriate Age to Purchase Life Insurance?

You can protect your family or other loved ones after you die by getting life insurance. Any living thing will die at some point, and no one can avoid this. Sometimes it may be pushed back, but it can’t be stopped. People in the same family are hurt when one of them dies. If the...

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