This category will have all articles on Insurance
When you are looking to insure your car, only the best will do. And to do that, you must go compare car insurance online on insurance comparison websites, talk to people, and do your research. But what are the factors that you must consider? Here they are. 1. Make a smart choice When it comes […]
If you are looking to buy a car, then you need to know two things. One, the Motor Vehicles Act, 1988 mandates that you must insure your car with third-party car insurance. Two, after September 1, 2018, the third-party insurance policy will come with a tenure period of three years than the earlier tenure of […]
“By failing to prepare, you are preparing to fail.” A saying that holds true in all aspects of life, whether it’s an exam, an interview or our health. You don’t want to be caught unprepared in life. This is why people are recommended to invest in a good health insurance policy that will keep you […]
People who depend entirely on their salary often encounter problems such as insufficient funds – mostly in case of an emergency. Therefore, taking some serious and wise decisions can help you lead a stress-free life and also give you the benefit of wealth collection for the future. All you need to do is make the […]
Every individual working hard to earn his / her monthly income is looking for two things - to reduce his / her tax outgo as much as possible and to significantly grow his / her savings, so as to have a comfortable cushion to fall back on in times of need. Any discussion around this […]
What can a bank fixed deposit offer? We all know that a traditional fixed deposit offers interest. The interest is either paid periodically (for example monthly) or on maturity as in the case of cumulative fixed deposits. What if I told you that a fixed deposit can offer you whole host of extra features apart […]
The Indian government sets our income tax slabs based on a variety of factors. Of course, it starts with the income earned by an individual and then includes other variables like the age of the individual (below or above 60) and the type of income earned (doctors, self-employed, salaried, freelancers, etc.). In order to reduce […]
If you’re a salaried individual, you may have noticed a pattern in your expenditure. For example, 5-30% (depending on your tax slab) of your income goes into taxes, while 35-40% goes into paying your EMI’s or rent for your house, the other 30-40% of the balance will be spent on children school fees, provisions, utility […]
While a lot of us are familiar with the working of the insurance companies, what if we tell you that insurance savings can also be used for making an investment? Are you wondering how? Well, you have certainly heard it right. ULIP plans are the procedure for investment that not only provides you the insurance […]
For the times that are difficult to handle in monetary terms, people often make investments. For the times when you can fight against the fate, people often take up life insurances. ULIP investment plans are the ones that provide you the benefit for both. On the one hand, they provide you the benefits of a […]
Ayurveda is one of the oldest forms of medicine that originated in India 5000 years ago. The word Ayurveda means “life-knowledge.” Ayurvedic treatments focus on health and wellness by combining the true essence of the mind, body and spirit. Ayurveda believes in finding the root of the disease and then totally eradicating it. This examination […]
How much is our life worth? This is one question we never ask ourselves, but typically should; especially when we are planning to buy a term insurance policy. The primary objective of term insurance is to protect the needs of your family if something untoward were to happen to you. Make sure the cover on […]
People often have mixed feelings when it comes to coping with life after retirement. Some people get tensed about meeting their future needs, while others with a stable financial backup feel completely at ease. Of course, everybody likes to have a break after taking a retirement but, the question is how many of us can […]
For most investors, the idea behind investing in life insurance is to build a robust corpus. In many cases, there is a requirement of funds before the end of the tenure but life insurance will not help you until the tenure is over. You can apply for a loan on the policy but that will […]
Successful investors do two things; first of all, they identify the investment instruments according to their investment criteria with the objective to seek safe returns, and secondly, they diversify their investment portfolio by investing in different investment products that meet short-term and long-term financial goals. A Unit-Linked Insurance Plan (ULIP) is one of the top […]
Like most people, you may also have several life goals that are all about fulfilling the wishes and dreams of your loved ones. Moreover, you would like to provide them with the best life has to offer to make them comfortable. The years when you are actively employed are the most important years in your […]
Financial independence today and in the future is crucial and requires proper planning. It helps you to achieve your various objectives and protect your financial situation. Wealth building requires investing in different financial products. Such investments provide you with the opportunity to earn returns and build a corpus over the long-term. Investing has certain inherent […]
We live in a generation that is hooked on to internet-connected devices such as tablets, smartphones, and laptops. Not surprisingly, Statista, a statistics portal, has estimated that India will have around 635.8 million internet users by the year 2021. What better way to capitalise on this than by selling various products and services in the […]
You have found the perfect house for yourself, and you are ready to shift. Moving to a new home is a bagful of mixed emotions - on the one hand, you are excited about the new place, surroundings, and neighbour, while on the other side, you are worried about certain things that need to be […]
Unlike traditional insurance plans, unit-linked insurance plans (ULIPs) combine life protection and investment within the same product. A certain part of the premium is used towards protection. The balance is invested in different instruments such as equity, money market, debt, or balanced funds. You may choose where your money is invested based on your financial […]