Health Insurance part of Your Retirement Planning?
The wealth earned by us is indeed determined by the quality of our health. The increasing medical costs makes it extremely difficult to sustain the corpus acquired by us throughout our life if we do not make adequate planning for health insurance. This is why financial planners focus on the importance of health insurance in retaining the viability of your long run financial goal. For...
Financial Planning amid COVID-19
The drastic changes that we have seen in the world economy due to the global spread of COVID-19 need no introduction. You would have already witnessed the volatility of the market. As we all have seen in news reports, around 25% of the workforce have lost their jobs and many others have witnessed pay cuts. Country Lockdown has caused some small businesses to shut down permanently and others...
Why Should You Consider Increasing Your Insurance Cover?
What do people fear most? It is an uncertainty of life, which makes people worry about their loved ones. So, there must be a solution to this problem, which will at least cover your loved ones financially in case of need or contingency! Yes, there is indeed a solution – insurance. Insurance will help cover the insured and/or the family of the insured. This article will help you understand a...
5 Mistakes To Avoid While Taking A Life Insurance Policy!
The term ‘Life Insurance’ is easy to understand, though it features may be complicated. It all depends on the needs of a person. If a person knows what they’re looking for in an insurance policy, it becomes easy for them to search for one. Insurance is important for everyone because it covers the possibility of a risk occurring. The reason as to why people end up buying...
6 Retirement Planning Mistakes To Avoid
Disciplined financial planning serves as the prerequisite of leading a financially secured retirement life. However, this hardly gets followed in most of the cases. Although retirement planning sounds a bit scary and confusing to most people, this anxiety can be entirely removed by avoiding the most common retirement planning mistakes committed by people. Today we are going to take a look at...
9 Steps To Ensure Better Returns & Improve Financial Status
Managing finances in a proper manner is a must and you need to make a proper plan and budget to ensure that your investments give good returns after a while. With diversification, investors can enjoy good returns along with reducing the risk of losses. So, what are those crucial things that you need to keep in mind to get better returns and have financial stability? 9 Steps To Boost...
5 BEST TYPES OF LOW RISK MUTUAL FUNDS IN JUNE 2021
Mutual Funds are the go-to investment instruments for regular investors since these are well suited for financial and tax-saving needs. They are linked to the capital markets and their actions can be regulated by the stock market arrangements. The advantage of mutual funds stems from the fact that the money is diversified. With lower risk mutual Funds are majorly chosen by new investors who...
Tax Planning For Beginners: 3 Key Principles Explained
Tax planning refers to the sum of all activities which help in bringing down the overall tax liability and adding up to your savings. The ultimate goal of a tax planning drive is to create an estimate of your total holdings and make wise financial choices by accounting for all exclusions, exemptions, allowances, deductions etc. A little bit of tax planning today can be of...
Critical Illness Insurance Plans- Need of the hour
The modern times have seen a whole lot of progress in science and technology. There are newer and improved treatments for critical diseases which were not available earlier. As such, life expectancy has increased. However, one cannot ignore the rising incidence of diseases too. Modern man is increasingly falling ill with major illnesses because of poor lifestyle. Heart-related ailments,...