Insurance
Which Banks are Insured by DICGC?
What happens to the depositors when the banks become bankrupt? Do the depositors lose their funds? Is there any coverage provided to the depositor? Who insures the depositors? How are they insured? The answers to all these questions are explained in the below article. What is DICGC The Deposit Insurance and Credit Guarantee Corporation, or ... Which Banks are Insured by DICGC?
- Nishant Prasad
- 1 May 2023 • 8 min read
Are Small Finance Banks covered under DICGC?
What happens to the depositors when the banks become bankrupt? Do the depositors lose their funds? Is there any coverage provided to the depositor? Who insures the depositors? How are they insured? The answers to all these questions are explained in the below article. What is DICGC? The Deposit Insurance and Credit Guarantee Corporation, or ... Are Small Finance Banks covered under DICGC?
- Prateek Agrawal
- 1 May 2023 • 8 min read
Deposit Insurance and Credit Guarantee Corporation (DICGC): All You Need to Know
The idea of deposit insurance, with respect to deposits kept with the banks, gained popularity after witnessing banking crises in Bengal in 1948. After the failure of Palai Central Bank Ltd and Laxmi Bank Ltd.in 1960. Initially it extended to functioning commercial banks and branches of foreign banks operating in India. Deposit Insurance and Credit ... Deposit Insurance and Credit Guarantee Corporation (DICGC): All You Need to Know
- Ramya Rajasri
- 1 May 2023 • 8 min read
Points to Check While Buying a Health Insurance Policy
Planning for financial security is necessary to ensure the well-being of you and your family. The first step you should take to secure the future of your loved ones is to get a health insurance policy. It provides a financial backup when you face a medical emergency and protects your investments from being depleted. That ... Points to Check While Buying a Health Insurance Policy
- Prateek Agrawal
- 28 February 2023 • 8 min read
All You Need to Know about Term Insurance
Term insurance is a type of life insurance policy that provides life coverage for a specific period at affordable prices. Unlike other life insurance policies, it is a pure life insurance product with no saving or investment component. Its simplicity makes it affordable for policyholders to provide financial protection to their family members. If the ... All You Need to Know about Term Insurance
- Darshan Maheshwari
- 1 January 2023 • 8 min read
Things to Check before You Buy Life Insurance Policy
A life insurance policy is a contract between an insurer and a policyholder where the former pays the latter’s nominees a sum after the latter’s demise. If the policyholder survives the term period, they may get a maturity amount. This benefit applies only to certain types of life insurance policies. Policyholders only receive the benefits ... Things to Check before You Buy Life Insurance Policy
- Jatin Pareek
- 1 January 2023 • 5 min read
What Are Health Insurance Deductibles?
The health insurance industry is full of jargon and confusing terms. One such jargon that you might encounter while looking for the right insurance policy for your family is Deductible. The deductible in a health insurance plan is a fixed amount that you have to pay out of your pocket when you raise an insurance ... What Are Health Insurance Deductibles?
- Shrestha Saha
- 3 December 2022 • 3 min read
