This category will have all articles on Insurance
Since savings are a major part of our lifestyles, there is no denying that every individual develops the habit of savings with age. In order to ensure its effectiveness, the insurance companies provide a plethora of investment options to the customers. Amongst the tons of options for investment, Unit Linked Insurance Plan, as well as […]
When it comes to the sale of insurance products, like a Unit Linked Insurance Plan (ULIP), most of them are either mis-sold or misinterpreted. Customers are lured into the purchase of these products in the name of higher ULIP returns and taxing saving benefits. When a customer buys a ULIP Policy, a majority of times […]
First things first. Before purchasing a Unit Linked Insurance Plan (ULIP), it is of utmost importance to understand the terms and technicalities pertaining to the ULIP Policy. One such technical term that a majority of investors fail to understand is the Net Asset Value (NAV) of a ULIP Product. While investors might know the working […]
The cost of living is rising and people want to retire with enough money in their bank account. Once you retire, it is of utmost importance to have enough money in your bank account to spend a comfortable life after retirement. In order to fulfill your dream of retiring as a crorepati, you need to […]
Spring, the most desirable time of the year, is approaching. It is around this time that people make travel plans to spend some quality time with their family. It generally includes a vacation overseas or the one by the beach. When we plan a holiday, with friends or family, we make sure to carry all […]
It has been noticed that once a person buys a car of their interest, they choose to modify it as much as possible to make it one of a kind. Car modification has been a very popular trend since a long time. It could be a minor modification, like changing the colour of the car, […]
In today’s time, a minor health issue can result in a big cheque drawn out on your name. Therefore, it is safe to say that the adage, ‘health is wealth’, is after all correct But fortunately, medical insurance has given us the liberty to choose from the best insurance policies available in the market. The […]
It’s understandable why many are not familiar with the term maternity insurance. After all, this is a specific offering of your health insurance, which covers pregnancy related expenses. It’s aimed at providing financial assistance to couples who are expecting children and can be beneficial on many levels. This variant of insurance has become necessary due […]
A type of insurance policy that started 10-15 years ago has attracted a majority of masses, today. Can you guess which one are we talking about? Well, it is none other than Unit-Linked Insurance Plan (ULIP). From the time of its introduction, ULIPs have been selling at large because it offers a comprehensive financial solution […]
Health insurance is a must for everyone Manoj is a 30-year-old individual working in an IT company. He is married and has a 1-year-old daughter. His parents are retired and stay with him and are dependent on him. Manoj is disturbed with a recent incident that happened with Ashwin, his office colleague. Ashwin’s dad suffered […]
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is the newest scheme in Crop Insurance. This insurance scheme comes under the One Nation – One Scheme initiative that the government is offering to unify its various schemes to serve more efficiently. The Modified NAIS and the National Agricultural Insurance Scheme were the two previous Crop Insurance […]
If you think that the differences between individual insurance and group insurance health plans are simple to understand, think again. Though they come with similar coverage features, they still have a number of differences, which often leads to a lot of confusion. In this article, we will compare health insurance policies and provide you with […]
The first step of getting your bike insured is to find the best bike insurance policy available. Once you have that, you can be assured that in case of any damage to your bike, the insurance will cover the repairing or replacement expenses in full or a portion of it. The bike insurance you have […]
Buying your first bike is one of the most satisfying feelings. However, many people forget the importance of a good bike insurance to protect your new two-wheeler from damages and theft. You surely know the mistakes to avoid while riding your bike. Here are the mistakes to avoid when buying bike insurance: 1) Not Transferring […]
The debate between ULIPs and other financial products is never ending. Both of them have their own set of pros and cons. While the cons can be saved for later, let’s begin by focusing on the pros for maximum benefits. If you’re an investor, ULIPs should be your top priority. This is because the equity […]
Are you taking early retirement? Or are you in the retirement age? Whatever the case is, we’ve got you covered. Whether you’re an entrepreneur or an employee, retirement is inevitable. Undoubtedly, retirement planning is the most important stage of your life. This is simply because it focuses on your financial independence post 60 years of […]
Due to a majority of wealth creation and tax saving options, there is a possibility to get lost in a pool of options regarding ULIP Plans. There are multiple tax saving investment options like Unit-Linked Insurance Plan (ULIP), Equity-Linked Savings Scheme (ELSS) and Public Provident Fund (PPF). Irrespective of that, it is highly recommended to […]
Many people often complain that their health insurance policies do not provide sufficient coverage and they are checking new medical insurance plans to buy. The basic health insurance policy is intended to provide coverage from medical emergencies. But sometimes, these basic policies become limited in terms of coverage and do not provide proper protection. This […]
If you are an individual, who tends to spend money without proper planning, an endowment investment plan is an ideal option for you. It is an investment product, which follows a disciplined route and will help you achieve your long-term goals. If you have a regular flow of income and might need funds after a […]
When it comes to the best investment plan, the ULIP SIP surely is turning up to be the most popular choice. A systematic investment plan can surely make sure that you get the opportunity to invest your hard-earned money in the safest and most fruitful way. A ULIP not only safely grows your investments but […]