#IncomeKaTopUp – Plan for a better future with Exide Life Income Advantage Plan

With rising inflation every day, the annual increments which we receive are not sufficient to ensure a better future. We need to plan every day for a better tomorrow through plans which will pay a better return on our investments. That being said, understanding investments is not a cup of tea for professionals who are not from the domain of banking and financial services. Further lightening and thunders in life strike without warnings in various forms and stages. So how should we plan to move ahead in our life and ensure a stable financial future? Continue reading “#IncomeKaTopUp – Plan for a better future with Exide Life Income Advantage Plan”

Loans Against Security: A Trend Analysis

Loans against security are gaining public confidence of late. Read on to find about the current trends related to this popular option in India.

Did you know that loans against shares have sharply increased to 78%, pushing retail growth to 18% year on year in November 2015? This RBI data analysis published in The Economic Times mentions that this steep rise is reflective of the burrower’s confidence in this funding option.

There are various types options that can be used as collateral for loans against securities, including demat shares, mutual funds, gold deposit certificates, Kisan Vikas Patra, National Savings Certificates, life insurance policies and more. In this type of funding, you pledge your shares for one year to raise the required burrowing sum. Continue reading “Loans Against Security: A Trend Analysis”

Is travel insurance really worth it and what are its types?

If you are remotely concerned about medical expenses in a different country, especially a scenario where you need emergency departure, then the answer is undoubtedly “Yes!”

We would come across a lot a travellers who religious believe that travel insurance is for people who are always paranoid. However, knowing the fact that we don’t have a crystal ball to look into the future and unprecedented events are always lurking in the corner, it is always better to be safe financially, than worry when you are broke. Let us also leave you with a small tip – Make sure you buy the policy as soon as you can after the first trip payment just to make sure that your pre-existing health conditions are covered. Continue reading “Is travel insurance really worth it and what are its types?”

3 Fastest Growing Financial Service Jobs

With increasing pressure to go to college and get a degree, there is a great risk of finishing school with student loan debt and no job prospects. As the saying goes, “find a job you love and you will never work a day in your life, because that field won’t be hiring.” Unfortunately, many people pursue degrees in industries that are shrinking or lack growth. Continue reading “3 Fastest Growing Financial Service Jobs”

Edelweiss Tokio Life – CritiCare+ is the best critical illness plan!

You must’ve heard countless stories about bread winners of a family falling critically ill & not being able to retain their jobs or fend for their families & ending up having a disrupted life. Critical illness is a reality today & events like renal failure requiring kidney transplants & burn injuries etc are not something that happens to ‘others’. It is important that every earning member of the family covers him or her against the disruption that such events cause in their as well as their family’s lives, irrespective of whether they are covered by health insurance. Continue reading “Edelweiss Tokio Life – CritiCare+ is the best critical illness plan!”

Parents – Its time for you to do your homework

In today’s world, dreams are possible to achieve, by everyone, with  proper planning and execution. The current generation of kids know that the sky is within their grasp. As a result, aspirations of making a global career is always high. Students strive hard to crack competitive exams like IIT JEE, GRE, GATE, CAT, XAT and the likes to lauch themselves in a career path that would make their dreams and aspirations possible. But such asipirations come with a cost, the burden of financial implications. Continue reading “Parents – Its time for you to do your homework”

No Shortcuts to Financial Security – Plan for the Future

It in interesting to realize that one of the most crucial decision once a person starts earning is how to save and invest in the right investments for the future, which often is clouded and difficult to visualise in the current setting. Unexpected incidents happen a lot, and it is needed to be aware and protected against the worst. Interestingly, even though everyone realizes its importance, not everyone tries to be aware of how to make such a decision critically and with a detailed understanding of the background and its issues. Continue reading “No Shortcuts to Financial Security – Plan for the Future”

Super Protector Plans for Critical Illness

When it rains, it often pours. In today’s scenario, people are often hard pressed when they or their family members suddenly fall ill. However illness is just the tip of the iceberg for the unlucky few but who knows when they fall into that small subset of unlucky ones. For example, the managing director of SAP India, died of heart attack at a very early age. He was at the helm of the Indian operations of the top enterprise software maker since 2007. One never knows, when one may encounter a critical health challenge in life, and so it is important to be ready for these situations. Continue reading “Super Protector Plans for Critical Illness”

Top 10 tips to select the best term insurance

Indians are known to be discerning buyers, with a keen eye for the best value from the investment they make. Whether shopping for clothes or a new car, Indians lay heavy emphasis on the overall value proposition, basing their purchase decisions on the product’s durability, quality, price points in comparison to comparable products, depreciation, and so on. Continue reading “Top 10 tips to select the best term insurance”

One ULIP Plan for both Insurance and Investment

We all know for a fact that capital market is lucrative and can provide with excellent returns. But the risk involved and time it consumes to track the investments can prove to be tedious. It is also important that we understand how the market works and make the right choices to make money out of it. Else, it can lead to huge losses. To stay away from all these hassles you can choose to invest in a Unit Linked Insurance Plan (ULIP). These ULIP plans offer you the dual benefit of the right investment and also the benefits that come along with any insurance policy. Continue reading “One ULIP Plan for both Insurance and Investment”

Why may the young and healthy need health insurance?

It is a very common thought among the professionals who are below the critical age of mid-thirties that they may not need a health insurance plan. After all, till the time one really need to knock the doors of a nursing home or a hospital, one seldom is worried about health insurance. Continue reading “Why may the young and healthy need health insurance?”

Do you have the right health insurance cover

Do you have the right health insurance cover? This is one question that haunts the healthy, when the times are tough and the raining starts. Sharing an interesting infographic that every individual needs to deliberate upon. Continue reading “Do you have the right health insurance cover”