Month: July 2023
Insurance
What Does Date of Loss Signify In An Insurance Claim?
The “date of loss” refers to the specific date on which an incident or event causing damage or loss occurs, and it plays a crucial role in insurance claims. It serves as a reference point for determining coverage, claim eligibility, and various timelines associated with the claims process. Understanding the concept of the date of […]
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Finance
Zero Balance Account: A Game Changer for Financial Inclusion
A new concept was introduced some years back, known as zero balance account, gaining a lot of attention in the banking industry. Zero balance account is an innovative approach towards financial inclusivity where an individual can open a bank account even without maintaining a minimum balance in their accounts. They get all of the banking […]
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