If death is certain, can insurance be optional? If life is unpredictable, insurance can’t be optional. As an earning member of a family, having adequate life insurance cover is a must. That’s the basic building block of Financial Planning Pyramid. Term Insurance plans are typically focused on providing life cover to individuals who are healthy. But, […]
Insurance
Enhanced Health Insurance Benefits – IRDA’s latest Guidelines
The IRDAI has recently issued a circular related to the health insurance products. This circular can be a great news for existing health insurance policyholders and future buyers, and may significantly enhance the benefits provided under a Health Insurance plan. When it comes to health insurance, there is no one-size fits-all plan that you can rely […]
LIC New Plans 2019-2020 | Features, Snapshot & Review of all the Plans
LIC has launched 4 new plans in the calendar year 2019 (till date). In this post I have tried to list down the important features, details and my recommendations on all LIC New Plans that are launched in 2019-20. From January 2018 to till-date (Nov 2019), LIC has launched two Endowment Insurance plans, one offline Term insurance plan and one […]
Top 5 Best Online Term Life Insurance Plans 2020 | Comparison & FAQs
If death is certain, can insurance be optional? If life is unpredictable, insurance can’t be optional. As an earning member of a family, having adequate life insurance cover is a must. That’s the basic building block of Financial Planning Pyramid. Most of us may have a perception that buying a Term insurance plan is a […]
Health Insurance Tax Deduction FY 2019-20 / AY 2020-21 | Income Tax Benefits u/s 80D
Health Insurance (or) Mediclaim insurance is a must-have for all. Considering the rate at which medical costs are rising, it is very important to have sufficient medical insurance coverage. The medical inflation in India is increasing at a significant rate, almost 12% to 15% year on year. Therefore, it is critical to have an adequate […]
Life Insurance Money back Plan Return Calculation | Do-it-yourself guide!
Insurance is a contract which provides protection against a possible eventuality or risk. So, insurance in its purest form is an expense rather than an investment. Fortunately or unfortunately, many of us mix life insurance and investment. We expect Returns from our investment in Life Insurance. Traditional Life Insurance Plan is one of the most popular saving […]
