Finance

Factors that Impact Your Term Insurance Premium

William Gillard

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

All You Need To Know About Unsecured Line Of Credit

William Gillard

April 16, 2022

Business is one of the toughest parts to handle. Any business with the possibility of generating high revenue must be handled with care and concentration. The most crucial thing in a business is capital. Capital can be brought from various uses like production, research, marketing, management, employment, and much more. Business owners can even get business loan New York for their capital or funds.  The other way of gathering funds is the unsecured Business Line of Credit New York. Unlike traditional businesses that take loans with some interest and submit collateral for security in a bank, small businesses are allowed to borrow some amount without any collateral as a credit. More precisely, just like an individual awarded a credit limit after the approval of a credit card, Commercial R

Finance

Best Practises to Pay EMIs on time

William Gillard

January 24, 2022

When you apply for a home loan, it is vital that you plan your finances well so that you can manage the repayment. You must ensure that you have sufficient resources to repay the EMI (equated monthly instalment) on time every month till the end of loan term. If you fail to repay even a single EMI or delay the payment even by a single day, it could have a significant impact on your financial credibility and you may lose valuable points on your credit score. So, how to manage EMI payment on time? The following tips can help you. Borrow responsibly One of the most effective ways to manage home loan EMI payments on time is to borrow responsibly. You must use an online EMI calculator to determine the exact EMI payable for the amount you want to borrow. If the EMI is high and does not f