Search in Indianmoney's WealthPedia

Home Education

For more knowledge from around the globe get Indianmoney App Now

Google Play
Education Image

What is Jeevan Pramaan or Digital Life Certificate?

Monday, August 12, 2019, 11:59 AM

The jeevan pramaan certificate is the proof that pensioners must submit to the relevant and authorized pension distributing agency(bank or post office) once a year, to certify the pensioner is alive. Providing the jeevan pramaan certificate, helps the pensioner receive the pension to the savings bank account. Previously, the pensioner needed to be present before the pension disbursing agency to obtain the life certificate.
Education Image

What is a Ponzi scheme?

Monday, July 29, 2019, 11:56 AM

Ponzi schemes are fraudulent investment schemes, which are set-up with the intention of making quick money by cheating investors. Under this scheme, the company pays returns to its old investors' using the money invested by new investors. To continue this scam, more and more investors must invest in this scheme, as they can pay-off old investors. Once the pyramid becomes unsustainable, the scheme collapses.
Education Image

What is Co-Pay in a Health Insurance Policy?

Friday, July 12, 2019, 5:32 PM

Co-pay refers to the part of the claim amount in an insurance policy which is borne by the insured out of pocket. It is generally provided in a percentage term and is applicable on the claim amount in General Insurance Policies. It may range from 10% to 50% in health policies.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.