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Making Insurance Work For You

Making Insurance Work For You

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Harshad Chetanwala
MyWealthGrowth.com

While doing some research on term plans on an insurance aggregator website, I came across some interesting statistics that were flashing constantly: 23 per cent of policy buyers opted for plans that return premium at the end of the policy term. The other highlighted statistics were that 31 per cent opted for insurance up to 80 years and 43 per cent opted for insurance up to 85 years. That is where the thought of writing this article came up. Term plans have gained popularity over last few years and helped people to take adequate insurance cover at a reasonable cost. In the earlier days many people use to go for traditional endowment or money-back plans, thinking that they would get returns along with insurance cover in the long run.

 

 

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Privatization bound BPCL Board approves of the amalgamation of BORL

Amalgamation is expected to enhance the valuation of BPCL bound for privatization but rising fuel prices may act spoiler.

Shreya Banthia / Article rating: 5.0

In the Board Meeting held on October 21, the scheme of amalgamation has been approved by the members. The amalgamation will consolidate BPCL’s presence in Bina facilitating future expansion and diversification in the region. BPCL, which is a Maharatna PSU holds 14-15 per cent of the country’s total refining capacity. Amalgamation is expected to enhance the valuation of BPCL bound for privatization by enhancing its refining capacity. 

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