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When Amit, 37, an advertising executive in Delhi, underwent an emergency heart surgery, his family battled the headwinds, both emotionally and economically. Amit’s family, which was already grappling with the financial burden of EMIs for two loans and saving for their daughter’s education, had to spend their entire lifesavings on hospital bills. A health cover, in this situation, would have saved them the distress.
Amit is one of the many young urban Indians who are falling prey toMORE
India is on the rise, and so are young India’s aspirations. Today, India’s children are dreaming big and with global boundaries thinning, no educational dream is out of reach.
According to a survey conducted by Aviva Life Insurance, almost 40% of India’s children want to pursue medicine or engineering. The survey, conducted with 11,300 young parents from seven cities, also reflects that while traditional career choices like Doctor and Engineer are the most popular among children,MORE
The modern Indian woman today is breaking age-old barriers and meeting new challenges, both personally and professionally. However, it is imperative women free themselves from financial overdependence on family and guard against dire situations like divorce, death etc.
This is where sound financial planning plays a key role for a woman in securing her life and the lives of her loved ones.
Here are 10 things to do for women to be financially independent:
Hindu Business Line
August 28, 2015
The reality is that 10 years ago people did not use tablets and mobile phones as much as they do now, says Trevor Bull, the new CEO and Managing Director of Aviva Life Insurance Company India. And, it is this significant shift in the way people live their lives that is prompting the company to “refresh” itself and look at a “strategic shift” in its operating model in India. “Digital will be the core,”MORE
Contrary to stereotype, for some reason my daughter, Sitara when she was younger preferred to play with cars. Even her Barbies wore overalls and sat on dumpsters. We laughed it off and called her tom- boyish and hoped that someday she would get over this phase and she would do ‘the girlie stuff.’
She did get over the phase of playing with toy cars. And she graduated to the real one, much to her father’s delight, who was a closet car junkie. His real job was in marketing, but wasMORE