I have heard people say 1 crore term life insurance is good. Some others say 10 times annual income is required. Another school of thought says 20 times annual income is very good to have. Is this the thumb rule for everyone? What if I no dependents? What if I have a large corpus already …
For those of you who are members of the facebook group Asan Ideas for wealth, you would have seen that lots of people recommend to take term insurance only till the working age of 55 or 60. Let us do some calculations to understand why this is recommended. Let us take the case of a …
Why Term life insurance till 85 years of age is a NO? Read More »
In 2013, SEBI introduced the Direct plan which are mutual funds which investors invest directly contacting the fund house. The intention of SEBI was to segregate the sales and distribution costs and charge these costs only to regular plans. So that direct plans will be free from these additional costs. Investors who invest in direct …
I have my corporate Mediclaim. Do I need to take a separate Health Insurance? Ravi, aged 48 is working in a reputed MNC IT company. His family is his home-maker wife and 2 kids. He had a family floater group Mediclaim policy for his family. All were in good health and free of any life-style …
