Life threatening illnesses like cancer, heart ailment and disability can be a financial burden in life especially if you are not prepared for it.
In today’s day, it is inevitable that one knows how best to make the right investments that serve your future financial requirements in life.
Parents have huge aspirations for their child / children and are always willing to go that extra mile to secure their future financially.
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Life is full of aspirations and goals. A good financial plan in place can help you achieve these goals at the required time.
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We are usually unprepared for medical emergencies. Hence, when it comes to health insurance, it is always preferable to be safe than sorry. In India, a vast majority of people do not have health insurance, therefore they highly rely on their savings or take out loans in case of an emergency. Medical insurance is a requirement for your investment portfolio, and the government encourages everyone to purchase it by offering Section 80D tax benefits. What is Section 80D? Health insurance premium payments made in a given year are eligible for deduction from total income for any “Individual” or “HUF” under Section 80D. Additionally, top-up health plans, critical illness insurance, and critical illness riders are also eligible for this deduction. The…
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