In the process of planning for future financial requirements, the idea of a life insurance policy that provides both coverage and savings benefits often comes up. The Life Insurance Corporation of India offers the LIC New Endowment Plan 814 that just fits into that category. The plan functions as a
Term life insurance is simple to understand, yet one question stops most buyers before they even get started which is How much term life insurance do I need? If you buy too little and the family faces a financial shortfall when it matters most. Buy too much and a large
Every rider must carry motor insurance on bikes across India according to the Motor Vehicles Act back in 1988. Yearly plans were the only choice for most riders for a long time. Regulatory changes in 2018 shifted that. The Supreme Court ruling on mandatory multi-year third-party cover brought long-term two-wheeler
Almost twenty years ago, buying a car in an Indian family was a major family decision. With salaries improving, banks offering easy EMIs, cities expanding outward, and highways getting better, owning a car has become part of everyday life for many households. Industry data from the Society of Indian Automobile
More Indians are travelling, studying, and settling abroad than ever before. But healthcare outside India is far from affordable — costs in developed countries can be 10 to 20 times higher than what you would pay at home. Whether you are an expat, an international student, or a frequent traveller,
India’s health insurance market had a quiet barrier built into it for years. Most insurers capped entry at 60 to 65 years, leaving older applicants with very few options at the age they needed coverage most. IRDAI (Insurance Products) Regulations, 2024, changed that picture. From April 1, 2024, insurers must
One of the main concerns for any motor vehicle owner is the possibility of unfortunate accidents and the financial loss that follows. Every time you get in your vehicle or hop on your bike, there is absolutely no guarantee that your ride will be smooth and uneventful. Simply put, it
One of the legal and financial requirements for vehicle owners in India is Car Insurance. According to the Motor Vehicles Act, 1988, it is mandatory to have at least third-party car insurance to legally drive on public roads. This insurance protects vehicle owners from financial losses due to accidents. The
Owning a car also means taking responsibility for financial risks on the road. Car insurance is not only a legal requirement but also a financial safety tool. Accidents, damage, natural disasters or third-party damage can lead to high costs. A good policy can help you reduce this burden. However, all
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), India has one of the largest automobile markets in the world, and its sales of passenger vehicles are increasing every year. With the increase in the number of households owning cars both in the urban and semi-urban
