Why Health Insurance should be a mandatory product in India

Currently, health insurance is not a mandatory product in India. With the rising cost of healthcare and the speed at which newer variants of diseases are identified — there is no way a common person can keep up by paying expenses from their pocket. Even a decently well-off household is just a bill away from bankruptcy. The…

Insurance Strategies 101: Term Insurance or Endowment Plans & ULIPs?

Nobody likes to buy an insurance plan, the concept of paying money to get nothing in return haunts us. The dislike for term insurance is real, I have personally seen clients asking for an endowment policy instead of term insurance. For starters, term insurance is when you pay a premium for life coverage, in the…