Tag Archives: #FamilyFinancialSecurity

Life Insurance

Life Insurance Life insurance plays a crucial role in providing financial security and protection to individuals and their families against unforeseen circumstances such as death, disability, or critical illness. Overview of various aspects of life insurance in India: Types of Life Insurance Policies: 1. Term Insurance: Provides coverage for a specific period (term) and pays… Read More »

Term Insurance

Term Insurance Term Insurance is designed to provide financial protection to your beneficiaries in the event of your death during the term of the policy.   Key points about Term Insurance : 1. Duration: Term insurance policies are typically available for terms ranging from 5 to 30 years, although some insurers offer terms of up… Read More »

Q3.17 Gift: Can HUF gift to its members ?

Gift Website link Gift: Yes, a Hindu Undivided Family (HUF) can make  to its members. As per the Hindu law, an HUF can make  of its ancestral or self-acquired property to its members. The are typically given by the karta (head) of the HUF on behalf of the family. However, it’s important to note that… Read More »