Medi Claim

  Last week we saw that conditions are conducive for us to thrive, but how things are going on today is not assuring us.  It is a total contra situation we are thinking about and happening today. Yes, today's condition is very difficult or survival is the only mantra that we are chanting all the time. Yes, it is difficult to condition but is it so strong to deter us from planning for today and tomorrow. If we see the Government and large corporate like TATA, RELIANCE, etc what they are doing. All are moving ahead with their plan with the same rigor. If we see our Government they are not only utilizing this time to move ahead of the present plan also future plan and all their finance is not in the good condition. The pandemic proved to be more money guzzler than thought. As the o, geopolitical situation is changing very fast which is in our favor. Utilizing these is very difficult if the government is not making changes in the process and its execution. It is well-known fact th...

 These days lots of things happening in every front like Chinese Incursion in Laddakh, Covid 19, Economy, Bollywood, etc... We are unable to check and confirm the exact thing which is going on. What is for me is another question which needs to be seen. Till 1820 we as a Country had nearly half of global trade which is now minuscule. When we came under colonial rule, maximum no. rules are made which are suitable to ruler not common public still those rules are in force. What is a point to talk all these points right now, is the question from all of you. But employment loss, Agri distress in terms of price realization of produce, infrastructure, healthcare, etc... all are there as well as covid 19 have is unresolved yet. True, it's true. Then what next is going to happen from now? Employment is going to change as the new Labor code will come into force after parliament will approve as it is back to the government from the Standing committee of Labor and is cleared by the cabinet. In ...

 We usually take and think finance is only part of life but not life, yes as per our mythology finance is part of life it's not life. But if we go through our scriptures, one VEDA is for FINANCE only namely, 'ATHERVA VED'. Where you can find a solution for the whole question you have. Yes, indeed finance is an important part of life. All complex deals which are happening today are part of VEDA, which we don't need, our problems and their solution are not that much complex but the major issue is behavioral in nature.  The majority of people go by notion  going around them, they do their research what they see or listen to, The basic issue is that their need is as per their goals not as per surroundings, hereafter going through all research we have to connect it with our goal. Here need for a good piece of advice is solicited but we take advice from our near and dear but not from experts. The expert also does not have a ready-made solution but he has experience with the s...

 Last week we saw the main features of fire insurance. There are some more riders available like : 1. Forest fore. 2. Omission of insuring Additions, Alterations, and Extensions 3. Debris removal One can choose as per need.  No one has to check the deductible in the policy schedule which will not be covered in our policy due to loss each and every year. There are standard exclusions in the policy. 1. Nuclear risk. 2. Loss, destruction, or damage due to war or hostility by the enemy. 3.Pollution & contamination. 3. Any excess as per policy schedule. 4. Temperature change in cold storage due to which goods are affected. 5. Excess pressure or excess running of fixture or die. There are more standard exclusions that are to be looked at before the purchase of the policy. In the end, we have to give actual Sum Assure or take advice from Consultant for same to get our dues on the condition of loss. Also mention the claim we have taken in previous years. It affects our rating. As ...