This category will have all articles on Insurance
Riding a two wheeler is exciting and fun. The twists and turns on the roads pump in more adrenaline in our blood. Bike riding experience is one of its kinds. But, sometimes while having fun, we get so indulged in the activity that we forget about our safety. Safety is the most important thing we […]
Imagine tucking in the comfy seat of your car with the freshener on and slow music playing in the background. Satiating! Isn’t it? Driving a car takes away your anxiety and gives you a reviving feel. Before you hit the streets, don’t forget to remember your car’s essential parts so that you can have a […]
The age of empowerment has brought about a sea change in the way women interact with the subject of finance. Where earlier, they would hesitate to make major monetary decisions without consulting an expert, they now prefer taking matters into their own hands. This is especially true when it comes to planning for a secure […]
A term insurance calculator is an online tool designed to help you determine the premium for a term insurance policy. It requires you to input a few personal details. These include age, gender, marital status, lifestyle habits, coverage amount, term period, and so on. These data points collectively are used to factor in the plan […]
Every day we come across insurance companies trying to sell their services through various marketing techniques, especially via TV and print ads. While the idea of insurance is put across in a simple and impressive manner, what it lacks is the crux of the matter, which is helping people identify a policy that is best […]
Term insurance is the simplest form of insurance. Once you choose an insurer, you state your requirement in terms of how much money you want as sum assured. This sum will be paid to the beneficiary (either your spouse or your child or anybody else whom you have designated to receive the proceeds) in case […]
Planning to travel overseas? Splendid! I’m sure you must have gone all the way to ensure your preparations are in place. From visa formalities to hand-picking the choicest tour package, everything is taken care of. But before taking your seat on that aeroplane, did the thought of an unforeseen health circumstance cross your mind? No, […]
Taxes, term insurance and savings may sound insignificant and dull. However, you need to understand such subjects properly so that you can secure your own financial future, as well as the financial future of your loved ones. Sadly, as many people are unable to comprehend these subjects, they miss out on the opportunity to safeguard […]
Health insurance is indeed an important part of financial planning. Numerous financial advisors recommend the purchase of a health insurance policy due to the numerous benefits it has to offer. Such an insurance product offers coverage against medical expenses arising due to hospitalisation. A health insurance policy covers numerous expenses such as nursing charges, cost […]
Your smartphone is not only used to make and receive calls. Technical development now offers several applications that allow you to use your phone for completing several tasks. Here are eight ways in which you may use it for your benefit. Payments The demonetisation drive in November 2016 has boosted digital payment gateways. In addition, […]
You may think that you are too young to start making a bucket list. However, if you wait until later, there is a chance that there will not be sufficient time to achieve your dreams. A bucket list is all those things that you want to try, life experiences you want to enjoy, and the […]
Life insurance is generally offered as an employment perk by many companies. While it is offered by the company with the best intentions, it’s not a good idea to rely on it completely. Here’s why: Inadequate Coverage In most cases, life insurance plans provided by companies will not be adequate to cover all the expenses […]
In this article, we learn about 14 tax saving options. We will understand the various Sections of the Income Tax Act under which you can get exemptions or deductions for your taxable income and thus save income tax. You will learn about some of the new sections that have been introduced in Budget 2019 which […]
Fulfilling other life goals at the expense of financial goals Prashant is a 24 year old individual working in an IT company. He has been an enthusiastic traveller since his childhood. Now that he has started earning, he takes two trips in a year to locations that he always wanted to go to. His travel […]
Vipul is a 25 year Software Engineer working with a leading MNC in Pune. Last month, his mother had to be admitted to the hospital due to a heart attack. The 6 day hospitalisation and medical treatment bill that Vipul paid was of Rs. 4 lakh. He had to pay this amount out of his […]
Although you may take extra care while driving on the road, the risk of an accident cannot be eliminated. Dealing with a car accident could be stressful, and you may find it difficult to think clearly and respond properly. Following are the six things that you may do in case your insured car has met […]
Availing of an insurance plan for investment or for medical coverage is a decision which most individuals take while planning for their personal finance. However, there are various myths related to insurance. Here are six misconceptions about a term plan. It is believed that an insurance plan which does not provide any return is not […]
Unplanned investments Manish is a 32-year-old individual, working in an MNC IT company. Manish’s family consists of a working wife, 2-year-old daughter and retired (dependent) parents. Manish and his wife are able to save Rs. 15,000 per month, which they invest in a mutual fund through the SIP route. While it is a good thing […]
Most people use insurance to financially protect themselves against life’s uncertainty. However, you may choose between different types of life insurance, such as term, endowment, money back, and personal accident covers. Often, you may be confused about choosing a term and personal accident plan. However, before making a decision, it is important to understand these […]
Insurance must be an important component of your overall financial plan. It offers protection against your sudden demise and ensures the financial stability of your family in your absence. It is important to understand different types of insurance policies to make the right decision. While most individuals compare and understand different policies, an often overlooked […]