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How to invest your retirement corpus? 3-bucket strategy explained for retirees seeking regular income
4+ day, 11+ hour ago (1024+ words) Retirement planning does not end with building a retirement corpus. Once regular salary income stops, the bigger challenge is managing that corpus so it can meet day-to-day expenses, fund lifestyle goals and continue growing for the later years of retirement....
Unknown SIM linked to your Aadhaar? Check before it's too late; here's how to identify
1+ week, 1+ day ago (283+ words) The government has made digital Know Your Customer (KYC), or e-KYC, mandatory for getting a new mobile SIM connection. It has also banned the issuance of bulk SIM cards to general consumers as part of measures to prevent telecom-related fraud,…...
Student Term Insurance: When does it make sense and who should consider it?
1+ week, 2+ day ago (559+ words) Term insurance is traditionally associated with working individuals who have financial dependants, but insurers are increasingly offering policies aimed at young students. These plans are designed to provide financial protection at a time when many students are pursuing higher education…...
Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later
1+ week, 2+ day ago (153+ words) Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise. This raises an important question: Should you invest…...
NPS Active vs Auto Choice: Which investment option is right for your retirement goals?
1+ week, 4+ day ago (335+ words) Deciding between Active Choice and Auto Choice for your National Pension System (NPS) account might feel like a minor detail when you first begin planning for retirement. However, this single decision dictates how your capital is divided among equity, corporate…...
How to choose right health insurance policy: 5 key factors to keep in mind
1+ week, 6+ day ago (257+ words) Rising medical costs in India can turn even routine hospitalization into a financial shock. While a comprehensive health insurance policy is the best safeguard, choosing the right plan means weighing several factors. From selecting the sum insured and policy structure…...
Jeevan Pramaan: 6 hurdles NRI pensioners may encounter in life certificate submission and how to overcome them
2+ week, 3+ day ago (542+ words) The Jeevan Pramaan platform enables eligible pensioners to submit their Digital Life Certificate (DLC) online. However, pensioners residing outside India often find the process difficult due to several practical and technical hurdles, forcing many NRIs to opt for offline submission. For…...
What does unlimited sum insured mean in health insurance? Here???s what it covers and what policyholders should know
3+ week, 2+ day ago (672+ words) As healthcare costs rise, having health insurance does not necessarily mean a policyholder is fully protected from a large medical bill. A fixed sum insured can get exhausted during an expensive hospitalisation or multiple treatments in the same policy year....