You don’t really talk about life insurance when you are taking a walk in the park with your loved ones, do you? Actually, you don’t wish to talk about it at all! You think that you need it only when your hair turns grey. How far are you from the truth? Okay! Consider that you… Read More »
So you’ve planned ahead and bought a life insurance policy. And why wouldn’t you? Firstly, it can support your family financially in case something untoward happens to you suddenly. Secondly, it eases your loved ones’ financial burden in times of loss. Thirdly, it is a good personal finance risk management tool. But, do you know… Read More »
Take 4 minutes to read this article. If you do, you’ve just escaped becoming an accidental death statistic!
“I am thinking of starting an EMI with my first salary for an upcoming apartment. So that, 5 years hence, I will have my own house,” remarked Bhola to his neighbor Mr. Kent, who is a financial advisor. “But, you already have a home, Bhola. What will you do with the new one?” asked Kent.… Read More »
When it drizzles, a hanky over your head probably suffices. When it pours, you probably pull out your umbrella. But, when it is pounding, you’d better pull on your rain-sheeter and scramble for the nearest cover. Insurance is no different. Here are some good God-given reasons why you’d re-evaluate how much cover you need. Increasing… Read More »
If you’ve ever sat for hours in front of a Las Vegas slot machine plunking in coin after coin and waiting for those four 7’s to ching-a-ling into view, you know what it’s like to keep paying premiums towards your term plan without ever seeing a penny in return. Why then do people buy term… Read More »
Choosing an insurance plan is like ordering with friends at a restaurant – the most popular person’s choice prevails.You perhaps do your own research, but end up choosing a plan that your friend has purchased. Does this sound like you? Well, it’s a golden rule of investing that what’s good for your friend may not… Read More »
Whether you are planning on buying a house, embarking on a new career path or just drawing lines for your children’s future, this hoary advice rings your ears: “Do your best, but be prepared for the worst.” Of course, you have paid heed to it and that’s the reason why you have bought insurance policies. You… Read More »
In all likelihood, you’ve heard all about why life insurance is important. But. something stops you from going ahead and buying it. It’s that little red devil on your shoulder that tugs at your ear, that weighs you down with the usual falsehoods surrounding life insurance, that feeds mischievous little pieces of advice (let’s call them ‘myths’)… Read More »
Insurance sales start surging in January of every year and peaks in March. So, are more accidents happening during this period? More people getting hospitalized? Or, a sudden realization in the new year that one needs life cover? It’s Option D – none of the above. The reason is painfully simple – tax saving! So,… Read More »