Indu Bhusan Nath's Blog

If you are an international student in Australia and nearing your graduate course completion, a spontaneous question can arise in your mind: what to do next? And the answer is: there are plenty of options available.  So, what are the options? Here goes the list:  Study Further You can choose to stay back in Australia after graduation and continue to study further to earn a higher academic degree. For example, you can enrol yourself in a post-graduate degree of an academic stream of your choice. It can help you to eventually get a good job because you will gain advanced knowledge and skills. If you decide to study further, there are a few things you need to do: Apply for a new student visa before the expiry of your existing student visa Apply for the course you want to study. You need to freshly apply for the course even if you plan to study in the same institution Ensure that you have sufficient funds to pay for your studies and living expen...

  It might so happen that you eventually found your endowment plan a liability rather than an asset. And the reasons could be many—maybe the policy is wrong, better tax saving instruments are available, and paying the premiums has become problematic due to financial woes.    Whatever the reason might be, there is an effective way to get rid of your endowment policy. And the way is: surrendering it.  What is an Endowment Plan?   Before exploring the surrendering process and the rationality associated with it, let us first understand what an endowment plan is all about.   An endowment plan is an insurance policy that guarantees a lump sum amount to the policyholder at the maturity period. But the policyholder has to survive until the maturity of the policy to receive the lump sum amount.     However, some insurance companies have incorporated some modifications to the plan. They pay out the lump sum amount in the event ...