Don’t just go for the policy with the lowest premium. Conditions could apply, and you could end up spending a lot more than you saved on the premium.
Insurance is now being offered for what is called the ABCD illnesses. Depending on the stage or depending on how serious the disease is, they are offering day one cover, which basically means that right after you buy the policy,
ax incentives have always acted as a catalyst in ensuring wider insurance adoption. Though well-balanced and growth-oriented, the most awaited financial event of the year - Union Budget - turned out to be a wistful affair for those expecting a tax rebate over and above the standard limit on insurance policies.
The focus on health insurance lately has taken a different trajectory especially post-COVID where most of us have at least understood that we should have some coverage available at all times.
ITR filing: Last date for submission of income tax return for FY 2019-20 is 31st March 2023.
Most individuals are cognizant of the need to factor in inflation and rising medical expenses while planning for their life’s new chapter.
Insurance and investment are both important aspects of financial planning and should be considered together to create a well-rounded financial plan.
Unlike term plans that provide life risk cover or unit-linked schemes, where returns are market-linked, endowment plans offer maturity benefits upon survival & minimum guaranteed return.
It’s that time of the year again when tax planning is on everyone’s priority list. While one looks at growing their wealth, it’s also important to secure your health as a medical emergency can shake up the foundation of your financial planning.