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The best tax saving option is: ELSS or ULIPs?

The best tax saving option is: ELSS or ULIPs?

When we talk about tax saving investment, there is a big debate between the ELSS (Equity Linked Savings Scheme) versus ULIP (Unit Linked Insurance Scheme). Both schemes have some similarities and some differences too. For example, both schemes combine tax saving with a long-term investment...
Sub-limits in a health insurance policy and their importance

Sub-limits in a health insurance policy and their importance

Buying a health insurance may be easy but selecting a plan that meets your needs is not that easy. There are various features such as day care procedures, waiting period, co-payment, deductibles and cashless cover that form the basis on which you can compare health...
6 Things do not cover by your Health Insurance Policy

6 Things do not cover by your Health Insurance Policy

When we buy Health Insurance, sometimes it becomes difficult for us to understand the complex terms and conditions of the policy. Despite increasing awareness about sub-limits, pre-existing diseases, and other exclusions, the policies claim denial or reduced payouts continue to shock. To ensure uniformity, the...
Best tips to Save Money on your General Insurance Premium

Best tips to Save Money on your General Insurance Premium

When we talk about General Insurance, it's all about the Insurance products such as Health Insurance, Motor Insurance, Travel Insurance and Personal Accident Insurance etc. The domain of Insurance coverage is divided into two categories - Life Insurance and General Insurance. Life Insurance products don't...
WHAT ARE MUTUAL FUNDS AND NET ASSET VALUE?

WHAT ARE MUTUAL FUNDS AND NET ASSET VALUE?

When considering investments, people often are skeptical about Mutual Funds simply because they feel it is complicated to understand and manage. Keeping aside the jargon when simply put, it is a pool of funds put together by like-minded investors. And whatever the...
SIP flows may face a hiccup or two

SIP flows may face a hiccup or two

According to the report of UBS, the bulging SIP book, which expected to provide sustainable long-term domestic funds flow, may not be as sticky as widely believed. The moderation in the SIP flows may have huge repercussions for valuation of small and midcap stocks. The...
Understand traditional and non-traditional Life Insurance investment plans

Understand traditional and non-traditional Life Insurance investment plans

Traditional insurance policies are of two types — participating and non-participating.

Participating policies:

Before starting investment, a smart investor needs to understand the pros and cons of the plan therefore traditional & Non-traditional Life Insurance Plans come with their pros and cons. Traditional policies are...