If you can manage the risk of life you can manage everything related to life, goes the cliché. Life Insurance is one such tool which helps us to mitigate the risk of financial loss arising out of unexpected turn of events with respect to your health or an untimely death.
The life insurance can be categorized [...]
Just a quick not for you today. I’ve been recently looking into long-term Care insurance for individuals for a friend and have learned quite a lot. It turns out, many financial advisors these days are recommending the concept of what is know in the industry as LTC Insurance. Educating yourself on LTCI is a good [...]
Broadly the basic objectives for taking insurance can be classified into 3 categories:
Risk coverage
Savings and Investments
Retirement
Risk coverage
The most basic and the inherent objective of insuring oneself must be to cover the risk part. The objective is to ensure a fund for a future uncertain event like death. But the fact of the matter remains [...]
The premium calculations for car insurance / motor insurance are dependent on a number of factors:
Personal factors: Age, Gender, Marital Status
Your personal traits never influenced the motor/car insurance rates the way they do now a days. From your age to your marital status, everything counts!
The young age coupled with a [...]
Anything that disrupts the routine is considered as a hazardous risk and is attempted to be insured. But ever wondered that in a world which is increasingly becoming more chaotic, we could some day try to attempt to insure the routine from interfering with the daily chaos that we have become so used to
Funny as [...]
