Term insurance is an instrument which gives financial protection to the families, in the absence of the income provider. However there are multiple myths surrounding it and it’s time to clear some of them. Term Insurance myths range from still believable to absolutely ridiculous and it’s important to know the difference. Let’s make life a little simple for term insurance…
Category Archives Life Insurance
In 2017, the Goods and Services Tax was introduced in India, replacing all indirect service taxes with a multi-level, comprehensive tax levied on all goods and services. The introduction of the GST made waves across the country, largely because of the huge impact it would have on the way we approached our financial planning and investments. In light of…
Every four years the magic of the World Cup gets to all of us. This year’s iconic football bout was no exception - a cup of unfathomable goals, unexpected wins, and a handful of surprising moments. While the juggernauts bowed out before making it even halfway through, lesser known champions won our hearts with invincible strategies. As we marvel over…
You may be building wealth through your SIPs. But there's something you may be missing, no matter where in life you are. People now have smaller families but bigger aspirations. In today's economy you can build wealth a lot more quickly than your parents used to. Investments such as SIPs allow you to pay for you house, for your kids' education and for your own retirement. However this wealth creation and the utilization of…
As the new year begins, our conversations start revolving around new year resolutions. When it comes to new year resolutions, health and fitness are evergreen themes with most common resolutions seeming to be around diet, regular exercise etc. Clearly, good health is something that people cherish. But, if we were to broaden the definition of good health, then we will…
MYTH-1 Buying policy online is very difficult if you’re not too familiar with internet. There are a lot of steps and it would be difficult for me. Buying a policy online now has very few steps and they have been simplified so that anyone with basic knowledge of internet can buy a policy with ease. Moreover, you receive help on…
To promote cashless transactions via digital payments, The Government of India has taken a series of initiatives like opening 25 crore Jan dhan accounts, launching Rupay cards and demonetization of high value notes etc. One of the most exciting incentives launched on December 25th, 2016 by NITI Aayog (Government of India) is the Lucky draw for digital payments under Lucky…
It was the first time I held my baby in my arms. Her tiny fingers reached out for mine. I cannot find words to describe that joyful feeling. Life had changed for me. Her birth had bought out a new side in me. A more caring and responsible side. I wanted to do everything to ensure my baby girl is…
Rajveer and I were inseparable. When I had to move to Delhi for my masters, we promised to keep in touch. States changed, and as time passed, we slowly grew apart. While we knew what was happening in each other’s life through social media updates and the occasional wishes on festivals, we did make it a point to catch up…
A lot has changed since the recent announcement of demonetisation two months ago. These changes have impacted Indians everywhere. Take for example the case of Chetna, a 35-year old homemaker, who manages to save some cash from her daily expenses and money received on festivals to surprise her family members with thoughtful gifts on special occasions. Rohan and Chetna’s anniversary…