With the ever increasing cost of health services, it is progressively becoming difficult for employers to maintain parental coverage in the group cover schemes. Many are either closing that option or introducing restrictions such as co-payment to man

Many people purchase life insurance plans not only to safeguard their loved ones financially in the event of death or permanent disability but also to claim the related income tax benefits. Section 80C of the Income Tax Act provides for various relie

It’s very common to find people quoting about their insurance policies, when asked about investments for future. This is because of a misunderstanding that leads most people to take wrong financial decisions. Even though people use the terms

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

Have you ever thought why your agents, bankers and brokers call you to sell insurancepolicies? This is the time of the year when you might be getting the maximum number ofcalls because most of us are looking to save tax. When was the last time you

Moving averages are most common & simple to use tool for technical analysis. Moving averages do not predict the price direction but rather define the current direction with a lag. That’s why they are called ‘’lagging’&rsqu

Purchasing life insurance is an essential step while planning your financial budget. Life is full of uncertainties and therefore it becomes highly important for the breadwinner of the family to ensure that the family is well covered in case of one’

Buying a life insurance policy is one of the most important financial decisions that a person makes. More importantly, this decision has a long term impact and hence, needs to be reviewed regularly. So even if you have purchased a policy years ago, i

There is a growing trend among the younger people of shopping online. It is gaining popularity because of the ease and convenience it offers. But it is not that only items of everyday use can be purchased online. The financial industry has also embra

Investments are meant to be made for long-term. However, these investments can be used to take short-term loans when need arises. Personal loan is the most widely known loan people resort to when in need. Little do they realise that one can take loan

The concept of “timing the market” is as old as the stock exchange itself. There are tales of investors who move in before a “big leap” and get out before a crash. Prima facie it looks a time-efficient option, but research and experts say oth