A zero depreciation cover provides for the complete coverage of the vehicle without any deductions. Rahul Jha, who works as a general manager in a Mumbai-based firm got furious with the insurance company when he had to shell out Rs. 18,000 from hi

In an attempt to curb black money and corruption, Prime Minister Narendra Modi in an unscheduled meeting announced demonetisation of of Rs. 500 and Rs. 1,000 currency notes with effect from midnight of November 8th 2016. In March 2016, around 88 of

As the regular income stream dries up as you draw near to your retirement, it is critical that you build a retirement corpus sufficient to cater to your expenses post retirement. Each individual has different expenses and family circumstances. Theref

Investing in equity market requires knowledge, risk-taking ability and patience to cope with the ever fluctuating nature of the market. Those who do not have these traits in them can choose equity mutual funds to participate in share market. Under

6 Ways to Become Rich in India Like everyone, you too want to become rich. Sure, people who have ancestral property can become billionaires easily. But even a middle-class salaried individual like you can also be rich if you make your money

Insurance companies offer different health insurance plans based on an individual’s needs. Though the health plans differ from company to company, here are a few basic plans which most of the companies offer: Type of Health Insuran

Systematic Investment Plan (SIP) is a monthly investment in Mutual Funds while Recurring Deposit (RD) is a type of bank deposit. However, there are some basic differences between SIP and RD which one needs to understand before investing.

Equity Linked Saving Scheme (ELSS) and Tax Saving FD are both tax-saving instruments and are eligible for a tax deduction of up to Rs. 1.5 lakh under Section 80C of the Income Tax Act. Listed below are some of the differences between ELSS and tax sav

SWP or Systematic Withdrawal Plan is a facility offered by mutual funds to redeem units. The plan allows investors to exit their investments in small portions at regular intervals to meet their short-term goals or regular monthly income needs. These

With more and more people shifting their preference to online shopping for almost everything now, buying insurance products on the net is no exception. Widely known as E-insurance, online insurance plans are proving to be value for money products, wi

The bureaucracy of insurance companies, coupled with the threat of insurance fraud while bearing the loss of a loved one, makes the process of making an insurance claim a painstaking experience. The Insurance Regulatory and Development Authority (IRD

Most people look at insurance as something that helps them reduce taxes and save for future. Unfortunately, these are secondary benefits of insurance and not the primary reason why it should be bought. Insurance is bought to provide financial secu