Cross posted from my website on personal finance:
This week, we have posts/articles on retirement planning, NRIs investing in PPF, Senior citize3n’s health insurance, claim payment for life insurance and CIBIL’s credit report.
1. Retirement Planning by SubraMoney:
Apart from useful info from the financial angle, Subra also says, Take up some courses: some of them are paid online course, and many are free. You have FREE online music classes, cycling, running websites, MIT runs a lot of free course, try it out. If you do not mind spending money, there are greater choices – Indian and Foreign. However be aware there are just too many frauds too. Examples are day trading, forex trading, etc… these are just ways to take money from you.
2. Can NRIs invest in PPF by WealthWisher:
In short, if you want to open a new PPF account and if you are an NRI, it is not possible to do so. But if you already have an existing PPF account, the answer to the question Can NRI continue to invest in PPF is Yes.
3. Senior Citizen’s Health Insurance Options on OneMint:
Manshu browsed through reviews of the options listed in his post, and got a general impression that nationalized companies are easier to deal with when the time actually comes to get the claim. United India Insurance is a nationalized insurance company that has a health plan for senior citizens so I decided to browse through the documentation available for this plan.
4. Term Life Insurance Claim Payments by Subra:
Subra’s take is that he is sure that if you fill up the form accurately, without a lie, and there is nothing that new comes up in your medical check up, you have a good policy. In fact if at the medical test if your policy gets ‘rated up’ it is even better – your nominee can always argue that it was not a routine acceptance.
5. CIBIL Credit Information Report (CIR) by Shiv Kukreja on OneMint
CIR is a record of one’s credit payment history compiled from information provided by the lenders such as banks and financial institutions. It provides details about one’s basic information, details about all the credit facilities availed, past payment history, amount overdue, current status, inquiries made etc. It’s important that you have all the details about CIR. How to obtain CIBIL CIR?