Mr. Sharma, as advised by his financial planner, thought of buying health insurance policy from a reputed insurance company and he was confused whether he is making a right decision in buying such policy. Why Mr. Sharma is confused for buying health insurance policy? He and his family are already covered by health insurance provided by […]
Major concerns in Health Insurance – Waiting Period and Exclusions Read More »
Once, you have a basic health insurance covering all members of the family, you should think of supplementing your insurance cover with a Critical Illness policy and a Personal Accident policy. These policies can help you in certain contingencies. Critical illness policy This is an insurance cover against some specified diseases. The insurance company pays
Critical illness & Personal accident demistified Read More »
The first full budget of the Modi government was presented by finance minister Mr. Arun Jaitley on 28th February 2015. While there is no change in personal income tax rates, there are many suggestions in line with the Make in India call of the Prime Minister. The highlights of the budget are: Fiscal Deficit seen
Union Budget 2015-16 – Highlights & Personal Finance Read More »
They gave their best to you when you were young, but what you can give them back when they are aged? This is a question which everybody asks while thinking about their parents. More than anything else, their requirement is health insurance. Yes, health insurance for parents should be a top priority, if they want
Demat Account stands for Dematerialised Account. Most of the financial products are now available in the dematerialised form as Demat Account is becoming popular. Now you can keep Shares, Mutual Funds, Bonds etc in your Demat Account. Even Life Insurance policies are almost on the verge of dematerialisation. Paper format is almost disappearing and Demat
Recently, there were lots of news regarding the misuse of Credit Cards. We all are using Credit Cards while shopping and use it for online purchases. Have you ever thought of how the merchant is getting the money from the Credit Card transactions? This article explains in simple words, what is a Credit Card and
Will you buy a Health Insurance? Ask this question to someone who has a history of hospitalisation in the recent past. He will definitely tell you the need for going for a health insurance. But with increasing premium rates, we have to see the cost effective options in health insurance. Family Floater Health Insurance will
Family Floater Health Insurance – A Detailed Explanation Read More »
These days, PAN Card is becoming an absolute necessary item in our day to day life. This is an ideal document, which you can carry as the identity proof. You require this, while travelling in train in higher classes, to book a room in a hotel, cash transaction above 50,000 in a bank or to
If you are going abroad for a job or planning to migrate to another country for some years, your status will be changed to Non Resident Indian (NRI) As an NRI, you will enjoy certain privileges in India. But please do the necessary paperwork, before you proceed to your dream country to make your financial
Beginning of a new year is the time for many new resolutions in life. Last year I have written about New Year resolutions on personal finance. While most of them are true even now, I thought of writing about some other points, which will make your financial life in order in the coming years. 1.
