A new student loan forgiveness plan is in the works. And a new document offers big clues about which borrowers could potentially benefit from the initiative.
It is mandatory to buy a personal accident cover of Rs 15 lakh under car insurance, if you are the owner-driver of a car. It usually costs between Rs 300 and 400. However, there are certain limitations when it comes to compulsory car insurance cover under car insurance. Meanwhile, a standalone personal accident cover protects you from any type of accident around the clock and around the world. The premium for a Rs 15-lakh personal accident cover can range between Rs 800 and Rs 1,200 in a year. Is it a good idea to spend a little extra and buy a separate standalone personal accident cover for a holistic coverage? Read on to find out
The inclusion of disability insurance in total super balance under the proposed $3 million super legislation is a glaring oversight by Treasury, says a legal expert. Daniel Butler, director of DBA Law
These issues may only worsen in the coming weeks, jeopardizing the student loan forgiveness and repayment relief the administration has been promising.