July 2022 - OPTO Banking

Factors that Impact Your Term Insurance Premium

July 21, 2022

Your insurance premium depends on a host of factors. There is no fixed premium amount for all insurance policies. Thus, you could be paying a premium that’s way lower than your friend who got his term insurance last month. Before you take out that Term insurance premium calculator and start assessing your monthly premium, take a look at the factors that affect the premium. #1 Age The most important factor in determining term insurance premium is age. The mortality rate typically increases with age, and your premium increases in tandem. In fact, insurance providers have a fixed percentage system they follow to increase their premiums with age. Therefore, it is always advisable to buy term insurance when you are young or just starting your career. #2 Gender Gender is another fact

Finance

5 features of a current account that can suit your startup

William Gillard

July 21, 2022

Every business, well-established or startup, needs a Current Account to handle daily transactions. If you have launched a startup business, then it becomes imperative for you to acknowledge and understand the value of managing a Current Account right from the start. If you are an individual who has recently launched a startup, then you might not know what is meant by a Current Account. So, a Current Account is nothing but a Deposit Account that you set up with your bank. This account is meant for businesses and individuals who need a considerably higher amount of transactions daily. But one of the most important features of a Current Account is that it is associated with liquid deposits. Current Accounts offer a ton of personalised selections to help you conduct your transactions and

Finance

Make A Comparison Between Different BNPL Providers Before Enjoying Their Benefits

Perry Goode

July 8, 2022

You would come across an entirely new range of buy now pay later services ranging from Atome to Hoolah and more. All these services have been specifically designed to cater to you with instant money loans without considering your credit check. These services would work like credit card 0% installment plans. It would be worth mentioning here that these services would let you split the expensive purchases into several small monthly payments. You could always make the most of smart financial decisions and spend within your limits. You might be aware of these alluring services attracting numerous people in these dark economic times. Despite you having the ability to pay the full amount, you might want to pay through installments. It would enable you to free up your cash flow for emergencies...