What are various “types of claims in Life Insurance”? The article explains in detail about the list of documents required and procedure to settle various types of claims in life insurance for claim settlement? What to do if your claim is rejected? The main purpose of buying a Life Insurance Policy is to ensure protection…
What are the different types of life insurance policies in India and which one should I get? The decision to buy is entirely based on the solution, you are looking for. You should definitely buy a term insurance and avoid endowment, money back and whole life policies(my personal suggestion). You can buy ULIPs after scanning…
Every young person with a new job has one piece of advice from everyone he meets- buy a house as soon as you can. That is the dream of everyone- to own a home. With sky rocketing property prices, and increasing rents one can only appreciate this urgency.After getting job, I saw a few properties…
We have all read his name in rare admiration, and equal awe. Warren Buffet, the third richest man in the world is something of a legend when it comes to investing. Now you must be wondering why am I talking about the richest man in the world (well almost) in a blog that mostly talks…
A few days ago I was enjoying the rainy weather with fresh donuts and coffee, when I got a call from my friend Shivani. She works in a bank and does most of the financial planning for her clients- and wanted to discuss NPS with me . Normally this would sound like a marketer trying…
How to do financial planning for doctors in India? What financial management tips and wealth advice can help doctors to reach their financial goals? There is a good family friend of mine, who is an extremely well known doctor in the medical circles. He had his own practice, worked at a government hospital, and was…
When you repay your home loan before the completion of home loan tenure, it is called prepayment of home loan. You can make the prepayment in part or full. Normally, people decide to prepay the home loan when they have additional surplus. What is Part Prepayment of Home Loan? Let us see an example to…
This article explains in detail – the list, types and example of personal financial goals. Before going further, let us see what a personal financial goal is? What is a Personal Financial Goal? Personal financial goal is the target amount of money required for specific future financial needs. It differs between person to person. A…