As you may be aware financial behavior or the risk appetite of every individual is different. It depends on various factors like total income, number of earning members in the family, total net worth, age, responsibilities, pending financial goals, etc.
When it comes to buying Insurance for ourselves or for the family many of us are not able to decide when to buy insurance and which ones are the most important to begin with. Some of us may feel that it's quite early for them to go for any kind of insurance as they are young a...
All of us know that motor insurance or vehicle insurance is mandatory insurance that every vehicle owner must purchase for his / her vehicle running on Indian roads. The purpose of making motor insurance mandatory is to protect vehicle owners against physical damage, natural or man-made calami...
Can additional Investment replace Term Insurance?
When it comes to insurance, it is still looked at as an unnecessary expense. Particularly for Term Insurance, the key argument is, in case the policyholder survives the policy term, there are no returns after paying pre...
Term insurance is a type of life insurance policy. It provides coverage for a specified time period as per the requirement of the proposer. It provides financial protection to the nominee(s) in the event of the policyholder's death. In its simplistic form, once a term policy is issued, the pol...
Guaranteed income plans, also known as fixed income plans or annuities, are important because they provide a steady stream of income for the investor. These plans have a guaranteed rate of interest, which means that the investor can be certain of a specific return on their investment. This can...