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 …

The nation has witnessed a digital revolution in recent years wherein almost everything is now available at the convenience of your couch. Coupled with it, affordable smartphone and internet technology makes it accessible to all. This includes purchasing insurance covers that were earlier preferred using the traditional modes. However, beware of these red flags to avoid when buying car insurance …

Buying a home is the single largest investment for most people. As you tend to care for all your precious valuables, so why not create a backup plan for your house? A home insurance cover is a perfect way to ensure its safety in case of an unfortunate event like a natural disaster or even man-made peril. Further, the financial …

It is a service which used to be exclusively accessible to clients in the top tax bracket. High net worth (HNW) individuals are often not finance experts. They seek investment and financial advice to maximize returns and reduce liabilities such as taxes. Professional firms offer wealth management services to a select group of affluent clients. Conventionally these have been specialized …

Consider these two types of people in the world – Rahul & Sameer. Rahul likes to spend surplus funds on shopping spree, a turn of the spa, movie tickets, sports event or music concerts, buy a gaming console, go for an extravagant dinner experience…the options are endless, whereas Sameer parks it safely in the bank with savings bank accounts. Though …

Are you studying in high school or college? Odds are you get at least a few thousand rupees as pocket money each month. Did you know that even if you invest a trifling part of this trivial pocket money, you can easily become a crorepati? Sounds exciting, no? Let us understand how you can become wealthy through your pocket money. …

AI in finance is certainly making things a lot more safe and convenient for banks and other financial institutions as well as their customers. Artificial intelligence is already helping the financial industry to optimise their processes and streamline services. In short, AI is transforming the way in which we interact with money. Artificial intelligence can help with a range of …

Retirement planning is a vital aspect for any investor. When it comes to retirement, investors are often confused between the two popular investment options – NPS and mutual funds. This article will serve as an investment guide in helping you choose the right security for your investment portfolio. What is NPS? National Pension Scheme or NPS is backed by the …

Some people associate their financial challenges with them not having enough money. For many others, their challenge comes from them not spending money wisely or from spending more money than they have, which means they constantly live in debt. Being more aware of your financial situation can pay off. It can help you manage your expenses better such that you …