Futures & options – Road to quick wealth?
SEBI released a report this month, featuring their analysis on the performance of individual traders in the equity futures & options (F & O) segment for the financial years 2019…
Comprehensive guide to risk management in personal financial planning
I. Introduction to personal financial planning Personal financial planning, in simple terms, is the process of managing one’s finances to achieve their set financial goals. It includes creating a budget,…
How to calculate your term insurance needs
Term insurance is only a tool to transfer the risk to protect your family members against loss of income due to your death. Find out when you might need it and how to calculate your required coverage.
Easy guide to reading a health insurance policy
According to the 2019 Insurance regulatory development authority of India – National health authority joint working group’s report on fraud control: “Fraud shall mean and include any intentional deception, manipulation…
Five health insurance policies providing mental illness coverage
Insurance regulatory authority of India (IRDAI), the insurance regulator, came out with a circular on the 18th of October 2022, directing health insurers to comply and provide cover for mental…
6 Essential personal finance basics explained
Six weeks into the COVID-19 lockdown and its associated uncertainties. Personal finance basics couldn’t be any more important. Spending on essentials only. Zero spending on lifestyle expenses for 40 days….
Buying a health insurance policy
Healthcare-related expenses are increasing by 12-15% every year in India. A major operation/surgery/illness can set you back by ₹5 lakhs to ₹10 lakhs or more. Consequently, buying health insurance for…