An additional source of income is the much-needed backup for families, with rampant unemployment and business losses caused due to the ongoing pandemic. With no guarantees being given on continuity of employment, breadwinners have to move away from relying on one source of income for their livelihood. Above this, what about preparedness for sudden unforeseen expenses in the…

While you plan for your child’s future need you could be confronted with various issues- how to start, what exactly to save for, how much needs to be set aside etc. Education costs have been sky-rocketing for the past few decades world-over such that parents are forced to begin planning for their child’s future a few years into their birth. Now will just the right…

“A substantial 83 percent of workers in India had a coherent plan in place for retirement as per a 2018 survey aimed at studying attitudes and preparedness for retirement in India. Out of these, 28 percent of the respondents stated that they had a written strategy towards their retirement savings. According to the global findings of the same survey, Indians were the most…

The rising cost of living is inevitable and once coupled with a stagnant inflow of money, the financial future of a family begins looking shaky. No matter the circumstance, essentials such as children's education, household expenses, groceries, etc. are bills one needs to attend to. Add to it several unrealized dreams and insufficient funds- an unsettled feeling sets in. Amid these worries is perhaps the biggest one of them all is what will happen to your family in your absence? How or can…

If you want your hard-earned money to work for you – then investing in the right financial plan that fetches you returns is a must. However, it is advisable to research, learn and benefit with thorough knowledge of such schemes before investing in them.

According to the survey conducted on work-life aspects of young Indians in 2020, over 35 percent of millennials earning more than 100 thousand Indian rupees per month expected their income to rise by more than 75 percent. Furthermore,…

Insuring one’s life is the most important financial decision one has to make because regardless of income, what cannot be predicted is what the future holds. What can be more devastating than having to deal with the death of a loved one, more so if he or she is the primary caregiver for the family? The least an individual can do is to secure the family's financial future by…

Uncertainty is all around us, more so than today with the ongoing COVID 19 Pandemic. The consequences that it has brought with it have heightened insecurities in the mental health of a lot of us. The need to feel secure and exercise a stronger sense of control in our lives and well-being is higher than ever. How many of us would have considered investing in a life insurance…

The Monthly Income Plan is an investment option designed for those investors and pensioners who are conservative and would prefer to park their money in lower-risk securities. Conventionally such investments reap interest or dividends and act as a steady, assured source of income; today life- insurance plan providers have begun to couple this benefit along with life-cover.…