Mutual Funds | Insurance | Investment |

Healthcare in India faces a lot of challenges and growth issues. Being an extremely populous country having low per capita income, spending on healthcare is not considered vital. The awareness and reach of health insurance are also limited as most of the people remain ignorant about the rising cost of medical expenses and how a medical emergency can drain the whole life savings of individuals. Health insurance queries have increased considerably during the past few weeks mainly due to Covid pandemic. Here in this post today we try to give you an insight into health insurance. Health Insurance is a contract between the insured party (can be more than one person) and the company to cover health expenses. The insured has to pay a premium and abide by various terms and conditions mentioned in the policy. Types of Health Insurances Individual Plan The policy covers expenses of a single individual. Other family members can be added by paying extra premium. In this policy, sum insured is diff...

The Covid pandemic has brought in the most unimaginable and difficult times. The impact of the economic downturn is being felt across sectors and by almost all individuals. Businessmen are not able to open their shops, unskilled workers have been left unemployed and skilled workers are grappling with pay cuts, bonus forfeits, and pink slips at a time when they were expecting promotions, pay rise, and bonuses.   Those who are still holding on to their jobs are not sure about how long will they be on the payroll. This has led to shelving off of countless dreams and plans of the Indian working class. While the times are difficult, the same times also give you an opportunity to analyze your lifestyle and see whether there are any changes that are required to be made in order to make you financially more independent. The idea is to make constructive changes in the way you live, the way you save and the way you invest to have more stability and power in your hands for times to come! ...