🚨Porting gone wrong!😭😭Was diagnosed with cancer in 2014,Was succesfully cured of cancer with chemotherapyIn 2017,An agent advised them to Port the policy🤦🤦🤦Every time u port your policy whether the internal port within the same company or an external port to a different insurerIt will endure an underwriting process.Once you are diagnosed with a cancer,You cannot change ur policies,No insurer will ever accept you.The cancer was not disclosed in the new policy and the new insurer accepted the follower.If cancer was disclosed,The new insurer would never accept them.even though the policy is issuedNow his policy is worthless,10 years of policy benefits are just a piece of paperThe day the insurer comes to know of his cancer,He will terminate the policy straight!DO NOT UNECCSARILY PORT UR POLICY!If u r diagnosed with critical illness,Never ever port ur policy.Do not ever work with an agent who does not disclose all ur conditions honestly to the insurerHonesty is the best policy in insurance!

Porting gone wrong!

Just talked to a follower

Was diagnosed with cancer in 2014,
Was succesfully cured of cancer with chemotherapy

In 2017,
An agent advised them to Port the policy臘臘臘

Every time u port your policy whether the internal port within the same company or an external port to a different insurer
It will endure an underwriting process.

Once you are diagnosed with a cancer,
You cannot change ur policies,
No insurer will ever accept you.

The cancer was not disclosed in the new policy and the new insurer accepted the follower.

If cancer was disclosed,
The new insurer would never accept them.

even though the policy is issued
Now his policy is worthless,
10 years of policy benefits are just a piece of paper

The day the insurer comes to know of his cancer,
He will terminate the policy straight!

DO NOT UNECCSARILY PORT UR POLICY!

If u r diagnosed with critical illness,
Never ever port ur policy.

Do not ever work with an agent who does not disclose all ur conditions honestly to the insurer

Honesty is the best policy in insurance!

Health insurance is a must!

RBI’s EMI moratorium: Will my installment be deducted, are credit card bills suspended and other questions answered

_Here are questions on RBI decision related to personal loan / EMI/ creditcard bills answered._

*Q: My EMI is due soon. Will the payment not be deducted from my account?*

A: The RBI has only allowed banks to allow a moratorium. Individual banks will have to allow suspension of EMIs. The borrower will have to request the bank and show that his or her income has been impacted by the coronavirus disruption. This means that unless you have specific approval from your bank, your EMIs will still be deducted from your account.

*Q. Is this a waiver of EMIs or a deferment of EMIs?*

This is not a waiver, but a deferment. You will have to pay the EMIs at a later as decided by the bank. The RBI has told banks to have board approved policies in place on moratorium/deferment.

*Q: Does the moratorium cover both principal and interest?*

A: Yes. It does. If announced by your bank, you can forego payment of your entire EMI, including payment and interest.

*Q. What kind of loans does the moratorium cover?*

The RBI policy statement explicitly mentions term loans, which includes home loans, personal loans, education loans, auto and any loans which have a fixed tenure. The also include consumer durable loans, such as EMIs on mobiles, fridge, TV etc

*Q: Does the moratorium cover credit card payments?*

A: Since credit cards are defined as revolving credit and not term loans, they are not covered under the moratorium.

*Q: I have taken a business loan. Can I not pay my EMI?*

A: The moratorium has been allowed on retail loans

https://www.cnbctv18.com/economy/are-credit-card-bills-suspended-and-other-questions-on-rbi-moratorium-answered-5571531.htm

Buy Health Insurance – Get covered Stay covered !

2019 Happy New Year

Heavy Rains in Mumbai

Dear Friends;
*Very Important 🙏🏾Request 🙏🏾to Protect your Assets & that of your friends & relatives too*
As you are aware that presently there is heavy rains in Mumbai due to that there may be flood / inundation & colossal loss reported.  
If any one come across such type of situations & holds Householders or Fire Insurance Policy; please  guide them to instantly, take simple steps as under;
1. Take photographs or shoot the flood situation near his SHOP/OFFICE/GODOWN.
2. If possible, try to save safe/undamaged items and keep it in safe dry place.
3. Send email to insurance company giving claim intimation with approx estimate of loss, location address, policy number, contact person with mobile number.
4. Whenever possible inform local authority about the claim.
5. Do not move damage item from premises or keep it aside till surveyor visit and clean your premises.
6. Dear Customer, please do not start your car even if it is partially submerged as it may cause serious damages to your engine.
We stand behind you in this moment of loss.
Please note these are primary steps to be taken before surveyor arrived at your  place. 
Once surveyor arrives, he will handhold you & further clarify the other formalities.
*Incase of any doubts, you can also email me with the above, if you wish, shall put in utmost best efforts & support ASAP with Free Primary advice as before, No issues;*
Jaynish_ash@hotmail.com

Jaynish Shah

10 Investing Thumb Rules

How fast will your money grow.

How fast will your corpus erode.

The other rules .

Do you consider yourself wealthy?

Jaynish Shah

Jaynish_ash@hotmail.com

09324365226

​Best time to plan your Taxes is from now before March………

​Best time to plan your Taxes is from now before March………
Here is a guide to help your tax planning.
👉INCOME TAX Exemption Updates…
      (For FY:16-17)
🔱 80 C:- Max limit

150000/- (MF-ELSS, MF-Pension Plans, Life Ins Premium, One time investment in LI-Immediate Assured Pension Plans, NSC, etc.)
🔱 80CCD:-50000/- (NPS)
🔱 80CCG:- 25000/- or 50% of your investment which every is less
🔱 80D:-25000/-

( Mediclaim Policy for self spouse, children)
🔱 30000/- for dependent parents u/s-80D.  Medical reimbursement :- 15000/- US 17(2)
🔱 80DDB:- Medical expense occurred on dependent for specified illment
🔱80TTA:-  Up to 10000/- for Interest saving bank account
🔱 Gift tax :-  Exempted upto 50000/-. Above 50k full amount taxable (FY) from other than Blood relation..            Gift from Blood relation is 100%Exempted…
🔱 Transport allowance :- 19200/- (FY)

C.E.A. :- 2400/- (FY)
🔱 HRA :- as per the calculation
🔱 24(b)  :- 200000/- (home loan interest)
🔱 80G  :- full amount in few selected organisation. This exemption is 50%
🔱 80GGB :- 100% exemption for political parties
🔱 80EE :- unlimited (interest on education loan)….
🔱 80U :- 75000/- (in case of taking care of a Handicapped depends)..
Have a Great 2016-2017 Financial Year……!!  👍👍👍
So Plan Your  Financial Year 2016-17 Income Tax Exemption, NOW…. 
Happy 2017 👍🏼🍰🍫💐
Jàynish shah 

Jaynish_ash@hotmail.com

00 91 9324365226

Shravak Arogyam phase 1 Renewal JIO

Message received from Shravak Arogyam. – JIO

Updated as on 14/02/2017

Jai Jinendra
Jain Intl Org- JIO is Delighted to inform you that the STAR HEALTH Insurance Co. is AGREED to START Policy Coverage for NEW  Phase-1 Renewal from 21st Feb 2017 with Revised Terms & Condition along with Revised Premium
Process STARTS after 2 Days

on Our Website.

http://www.jio.net.in
Process will be ONLINE ONLY

Be Prepared,
Regards,

Team JIO

Updated as on 04.01.2017

विशेष सुचना :

जिस Insurance कंपनी से अपनी Policy के लिए Agreement हुआ था, उनके अंदरूनी विवादों व गैरसमज के कारण अब तक अपनी Policy इश्यु नहीं हो पायी है | तथा प्रीमियम का सम्पूर्ण पैसा भी अपने पास आ चूका है |
जबकि इस Policy के लिए REVISED Terms & Condition के Proposal भी भेजे जा चुके है, जिसके आधार पर अगले 7-10 दिनों में Policy शुरू होने कि पूरी-पूरी संभावना है |
और Policy तय होते ही आपको भी E-mail व SMS द्वारा जानकारी दी जाएगी, फिर भी यदि कोई Revised Terms & Condition से संतुष्ट ना हो तो अपना प्रीमियम Amount भी रिफंड ले सकेंगे |
आपका अपना

JIO परिवार

जय जिनेन्द्र
हमें बताते हुए खेद हो रहा है कि JIO की अपनी Phase-1 Renewal Policy नेशनल इन्शुरन्स कं. के आंतरिक विवादों के कारण,

अब तक शुरू नहीं हो पाई है |
हमारी जबरदस्त मेहनत चल ही रही है तथा जल्द ही श्रेष्ठ परिणाम आएगा ऐसी आशा है |
इस सेवा के महान कार्य में आप सभी का सहयोग भी सराहनीय है |
आपका अपना

JIO परिवार

_____________________________
जय जिनेन्द्र 
हमें बताते हुए खेद हो रहा है कि JIO कि अपनी Policy  नेशनल इन्सुरांस कंप. के आपसी विवादों के कारण अबतक शुरू नहीं हो पायी है | हमारी जबरदस्त मेहनत चल  ही रही है|
जल्द ही श्रेष्ट परिणाम आयगा ऐसी आशा है, इस सेवा के महान कार्य में आप सभी का सहयोग भी सराहनीय है |
आपका

JIO परिवार

Guaranteed debt fixed interest rate…. More than Fixed deposit returns…. 23112016

​AFTER RETIREMENT MOST OF OUR FUNDS ARE BEING INVESTED IN FIXED DEPOSITS OR POST OFFICE OR MUTUAL FUND.
BUT THERE IS ONE MORE INSTRUMENT TO PARK UR MONEY WITH GAURANTEED 7% – 7.5% FOR LIFETIME TO SELF  & AFTER DEATH CONTINUE WITH SAME INTEREST TO SPOUSE.
NO LEGAL COMPLICATION. 
AFTER SPOUSE DEATH IT GOES TO LEGAL HEIR OR NOMINEE . 
SO IN TODAYS SCENARIO WHERE BANK FIXED DEPOSIT & POST OFFICE INTEREST RATE CHANGES ON RENEWAL BUT HERE IT IS GAURANTEED FOR LIFE TIME SO WE CAN PARK AND DIVERT FUNDS IN THIS INSTRUMENT OF LIC JEEVAN AKSHAY  Pension  Plan WHICH  GIVES GAURANTEED  LIFE TIME RETURNS  👍…   
SO ACT FAST NOW BEFORE IT GETS CLOSED ANYTIME …
JAYNISH SHAH 

Jaynish_ash@hotmail.com

09324365226

​*Why LIC’S Jeevan Akshyay VI ?*