Have you ever been mis-sold an insurance policy ? I write this at the back of this LiveMint article which says that investors lost 1.5 trillion Rs due to insurance mis-selling over 7 years. It is worth pondering why this would happen. Investor apathy In my mind, the biggest reason for this is investor ignorance.Read More
Best ways to save income tax in India in 2013 [infographics]
If you belong to those sea of people who are looking at some of the best ways to save income tax in India in 2013, look no further. This is your guide which will help you choose the tax saving investment options. Many investors must be looking to invest their money to save tax forRead More
TATA AIA Life iRaksha Supreme Online Term Plan – ‘You click, we cover’
TATA AIA Life Insurance company has launched it’s online term insurance plan called TATA AIA Life iRaksha Supreme. For those who are new to the concept of term insurance being sold online, please be aware that there are other insurance companies life ICICI Prudential, HDFC Life Insurance, Aegon Reliagre among many others who have alreadyRead More
Higher education – is a foreign degree worth it ?
Raising a child is not child’s play. Most middle class parents complain that they are spending 50% or more of their disposable income on education and extracurricular activities for children. According to a report by Assocham, parents spend Rs.65,000 per annum on education per child at school level – this is an average school weRead More
Whole life insurance plans in India
Among the different types of life insurance policies in India, whole life insurance plans are a category which many investors have warmed upto. The reasons range from the fact that they provide life cover all through your life, as their name itself suggests to the fact that they have a savings component built into them.Read More
Should you buy LIC New Jeevan Nidhi ?
It is the time of the year when tax saving investments rule the roost. Milking the opportunity high and dry are insurance companies who come out with a slew of investment products that help in tax saving purposes. The biggest insurance company in India has come out with it’s LIC New Jeevan Nidhi insurance policy.Read More