Child Insurance Plans: Best Purchased when Kids are Still Young
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Child insurance plans started at your kid’s young age provide a secure future and timely financial assistance for higher education, marriage, etc.
Successful parenting comes with its own set of challenges, with skillful financial planning for the child’s future being one of them. As a concerned parent, you may be on the lookout for a solution to secure the career and future of your young child. You need to start at the right age with regular investments to accum......
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July 27 2017
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Choosing Right Health Insurance is Key to Planning for Emergencies
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Health insurance covers medical expenses that arise due to an illness. These expenses could be related to hospitalization and other pre and post-hospitalization expenses. Life insurance health plans are amongst the lesser-known insurance plans even though 89%* of all private healthcare expenditure in India is out of pocket.
There are basically two basic types of health ins......
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July 18 2017
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Term Insurance Benefits
Life is uncertain, and one can never predict what the future holds. Understanding the importance of term insurance is crucial to ensuring your family's financial security in your absence. You can ahcieve this by opting a term isnurance plan.
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March 10 2017
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Is life insurance part of your tax planning?
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Perhaps the first thing you tell your grown-up daughter or son, who's just starting working, is to buy an insurance policy to save money from getting taxed. The idea is simply myopic -- just to save a few thousands we set aside an amount to buy our first and probably the last life insurance policy. The whole noise is so much around investments that one often forgets that a life insurance is still worth it and very much worth its own salt.
For a youngster, his first......
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December 3 2016
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Planning for health cover: Why mediclaim alone is not enough
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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 fall......
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August 1 2017
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