Medical Insurance
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Demystifying common insurance myths
Insurance is often bought and sold for the wrong reasons. Though insurance is a risk cover, many of us mistakenly consider it as a mere investment and tax saving product.
Health insurance is a must for everyone
Health insurance is a necessity in today’s world. The cost of medical care and treatment has soared to new heights in recent years and is expected to rise even further in the years to come.
Plan for continued income flow post retirement
The objective of retirement planning is to balance the income and expenditure during the post retirement dependency period. Till recently, most of the aged people lived with their families after retirement with or without any pension or any plan for self-dependence.
Income Tax deduction simplified
Some one had once said “the best things in life are free, but sooner or later the government will find a way to tax them”. Over the past few years, the Government has steadily whittled down tax exemptions available to the common man. Thankfully, there are some still available that allow deductions from our gross income.
Are your finances geared for medical emergencies?
Individuals build a corpus for various purposes like child’s education, buying a house and child’s marriage, among others. However, when it comes to accumulating a corpus for medical emergencies, individuals are not as proactive. With avenues like medical insurance on hand, individuals believe that having a medical insurance will suffice all their medical expenses. However, the reality is far from this.
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