Financial literacy at a young age would include learning basics of things like income, expenses and savings, insurance and its purpose and now money works for you
As an American humorist said: "Fun is like life insurance; the older you get, the more it costs."
While Indian insurers have a healthy claim settlement ratio, some in the high 90s in terms of terms of percentage of claims settled, you should try and make sure that your family is not the one being denied the money when you are not around to stand by them.
Tax saving and not the risk cover is the sole influencer on the insurance buying in India.
Death of a parent or a spouse can leave you in excruciating pain and though the wound heals over time, the void remains irreplaceable like a constant reminder. But what if you find yourself straddled with the credit card debt of your parent or spouse after the din of grief has died down? How do you cope with it? Read on to find out more.
This is an important stage of life. You should treat this stage as an opportunity to review where you stand as against where you intend to go, in terms of your financial goals.
As per the instructions of the Insurance Regulatory and Development Authority of India (IRDAI), all the life insurance companies in India have to provide a Free-look period to consumers.
Insurance is a risk management technique in which buyers of insurance transfers large uncertain risk to a pool by choosing to pay a certain price called premium.
Make sure the person you nominate knows all about the policy and the claims process
It is important that you approach life insurance with clarity as it involves both, your money and the security of your family
Insurance isn't always the serious topic that it is made out to be. We bring you a list of some of the funniest insurance claims from around the world. If you can, try reading them while still keeping a straight face
Despite the real estate boom in the recent past, where people have increasingly investing in property, the demand for property insurance has largely remained stagnant.
Suresh Sadagopan, Founder of Ladder7 Financial Advisories discussed what are the basic things to check before taking an insurance policy.
All insurers provide the option of cashless hospitalization to the customers. While selecting a policy, it should be an important consideration as it may get difficult for the customer to assess the available options during an unforeseen medical emergency.
Procrastination in taking investment decisions will definitely not make you a successful investor. Work on this habit and overcome it, says Ramalingam K of holisticinvestment.in
Deepak Yohannan of myinsuranceclub.com elaborates on investments in right kind of unit-linked insurance plans (ULIPs) to avail the benefits of a good corpus in the long term.
"My agent told me this is a good product and I should buy it." Is this what you hear before you commit to buying a life insurance policy? Stop and follow the steps below to make a smart financial decision.
How many times have you purchased an insurance policy just because you thought you had to and how many times have you declined a policy just because someone told you it‘s not a good idea to buy it? Unfortunately, everyday people commit insurance blunders because of the myths associated with insurance.
If you have liabilities such as a home loan, car loan, personal loan, or you have financial dependents and you wish to financially provide for them in your absence, you are one of the people that needs life insurance.
Buying a health insurance policy might seem as a small task of signing on the dotted line on a piece of paper, but it could be much more complex and difficult task once you bother to read the Term and Conditions specified in the policy document.
When an investment advisor or your private banker talks to you about your childï¿½s future, what enters your mind?
Traders can make the most of market movements by using Options as an insurance tool
President Barack Obama said today his plan to create jobs and rebuild US highways, bridges and schools was an "insurance policy" against the slowing economy falling back into recession and challenged Republicans to explain to the American people why they are opposed to those measures.
Thanks to the various advertising means, we get to know of the companies (insurers) available in the market, but the confusion arises when all the companies together throw a diaspora of health plans at us.
Speaking exclusively with CNBC-TV18, Ganesh Ayyar, CEO of MphasiS says that the company paid two-4.5 times its sales to acquire Wyde in an all-cash deal. Staunchly believing that the acquisition will be EBITDA accretive for Mphasis, Ayyar says that he hopes to close the deal in the next 30 days.