How to buy various types of insurance policies?

(This post explains on various types of insurance policies available in the market like LIfe Insurance policies, Health insurance policies, Property Insurance policies including plant and machinery, boiler, shipping insurance, stock of goods etc. and conditions and clauses to be verified by the buyers  before buying them). For many average insurance policy buyers verifying conditions and…

Government hikes interest rate on Small Savings schemes by 30 to 40 basis points

(PPF & NSC to give 8%, Senior citizen to get 8.7%) The Ministry of Finance Government of India has announced the Rates of Interest on various Small Savings Schemes for the Third Quarter of the Current Financial Year 2018-19 starting 1st October, 2018, and ending on 31st December, 2018.  The Small Savings Schemes includes  include…

Convertible bonds, floating rate bonds and negative bonds

Convertible Bonds: Convertible bonds are exceptional securities that have features of both bonds and equity options. The holders of convertible bonds have the opportunity to convert bonds held by them into specified number of company’s equity shares during validity period for options mentioned in the bonds. The bond holder also receives the coupon payment till…