Robo advisers are completely digital platforms that provide financial services for individuals or companies. These advisors use algorithms and logical financial planning to try and provide the very best ways of investment for their clients. The process is quite straightforward, yet also highly complicated. Let’s take a look at the main functions of robo advisors and how they can help …
The popularity of term insurance plans is increasing day-by-day in India, especially after the ill-effects of the COVID-19 pandemic. A term plan offers a substantial sum assured at a pocket-friendly premium provided you buy it early on in life. If you wish to know more about what is term insurance, read on. A term insurance plan is an income replacement …
Overview Following the outbreak, depositors have been hit with a double perfect storm: they must not only sustain their income, but also gain above-inflation returns on their deposits. In 2020, the chances of obtaining a real return on fixed deposits were slim. This may change in 2021, as fixed deposit interest rates will begin to rise. Fixed deposit interest rates …
Gilt funds have caught the fancy of the investors recently. Why, one may wonder. The recent mayhem in the debt funds industry and the decent returns yielded on gilt funds are the two primary reasons for it. While gilt funds have little to no credit risks, they are not oblivious to interest rate or duration risks. This is the reason …
The primary purpose of investing in any life insurance policy is to shield your family’s economic well-being in case anything unfortunate happens to you. It is advisable to invest in term life insurance, as it one of the most popular products available in the market today. Read on to know more about what is term plan. A term plan is …
It is extremely difficult to save money out of the limited amount of earnings you may have. But saving something is better than just spending all your money on things you may not necessarily need. However, even after saving money, what do you gain out of those savings. Granted that it means you have more money than you would have …
Buying your favourite smartphone or consumer electronic product is an exercise of patience and diligent savings. This endeavour usually requires considerable time, putting aside money from your salary or allowance. But what if you could by-pass the considerable wait-time with a convenient shortcut? This would mean getting your hands on your desired smartphone or electronics as quickly as today. Sounds …
A car is the second most significant purchase you can make in life from a house. And before you can purchase a car, the most significant factor to consider should be the cost of upkeep. It will depend on the car model because gas, oil, and tires will cost you a lot. With time, you may also need to change …
A term policy is a pure form of life insurance plan that offers monetary benefits if the nominees make a successful death claim. A term insurance plan does not have any maturity or surrender benefits, resulting in a higher cover at an economical cost. You can purchase a term plan to ensure the financial security of your loved ones in …
Health insurance selection can often get confusing with the various jargons used. While this may be a general notion, an understanding of the terms can help you make a smart selection of the policy when understanding the jargons. One such jargon used is the sub-limit. What is a sub-limit in health insurance? Sub-limits in health insurance are limited coverage offered …
