Author: Fathiyya Al Shaikh

Savings and insurance make critical aspects of a solid financial plan. A ULIP scheme is one such unique offering that includes these components. Short for Unit Linked Insurance Plan, a ULIP policy invests a part of your premium in life cover and… Read More

In the past decade, many women residing in urban areas have taken steps to become financially self-sufficient. Such a positive change should be supported with financial planning that ensures a successful outcome in future too. One such investment instrument that… Read More

A Unit-Linked Insurance Plan or ULIP Plan is an investment avenue that provides the dual benefit of life insurance protection and market-linked returns. It is a financial product that serves dual purposes of insurance and investment and is the main reason for… Read More

When you want to live a relaxed and stress-free life post retirement or even during your working years, relying only on your savings will seldom be enough. While savings are essential to prepare for a rainy day, investing your money… Read More

NRIs or Non-Resident Indians are Indian citizens residing outside India temporarily. NRIs hold a passport issued by the Indian government and are eligible for all benefits as applicable for Indian citizens. NRIs also have the right to invest in India… Read More

For working individuals supporting their aged parents, the medical expenses will require due attention, hinting at a much-needed revision in the financial planning process. To prevent a vulnerable financial situation for senior parents, in addition to an income builder plan,… Read More

ULIPs or Unit Linked Insurance Plans are hybrid investments that offer a combination of insurance and investment under a single plan. If you stay invested in a ULIP plan for a long period, you can protect your family against uncertain events in… Read More

The affordable life cover, extensive sum assured, choice of riders and uncomplicated coverage remain the most attractive features of a term policy. There is another thing that you can benefit from greatly when you purchase this insurance plan. And that… Read More

The Systematic Withdrawal Plan (SWP) is one of the most commonly used methods to structure a retirement plan. In an SWP, you invest across a wide variety of asset classes such as Unit Linked Insurance Plans (ULIPs) and withdraw a proportionate amount… Read More

Money is a pivotal factor in the purchase of term insurance. Considering this, insurance companies developed a term plan premium calculator to enable a hassle-free analysis. As the name suggests, the term plan premium calculator calculates the total premium payable… Read More

ULIPs or United Linked Insurance Plans are a transparent insurance-cum-investment product that offers the dual benefit of life cover and wealth creation. ULIP investments are highly flexible and come with a lock-in period of a minimum of five years. In a ULIP… Read More

When you think of term insurance, the most obvious reason to buy a term plan is if you are the sole earning member of your family. In such a case, your family members depend on you for their survival and would… Read More

Your regular term insurance serves various purposes, and the most important one is securing your loved ones financially. Acknowledging the complaints that term plans in India are complex, the Saral Jeevan Bima Yojna was launched to provide a pure life insurance cover at highly… Read More

Life is a unique blend of moments packed with uplifting joys and humbling sorrows. Term insurance is a financial tool that helps bear the burden of sorrows. A term plan ensures that your efforts to design a comfortable life for… Read More

The importance of term insurance is touted by financial advisors as it secures an individual against uncertainties that might affect plans and commitments. Investors often weigh term plan benefits against a fixed or recurring deposit. As a term plan is… Read More

The COVID-19 pandemic is unlike anything the world has seen before. Ever since its outbreak, there has been an influx of information about preventive measures one must observe to remain safe. As much as everyone wants everything to be back… Read More

A Unit Linked Insurance Plan, or commonly known as a ULIP plan, is an insurance plan that also lets you invest your money for high gains. A ULIP investment offers a variety of investment options in equity, debt, and balanced funds,… Read More

When you start to curate a financial portfolio, term insurance becomes a priority. It enables you to leave behind a legacy so that your loved ones can continue living their life comfortably even in your absence. As a term plan plays a… Read More

The world of investments can be an unpredictable space. This is why many people still shy away from them and store their money in tools that offer little to no returns. As a result, they are not able to beat… Read More

‘How much?’ is often the question on the tip of every Indian’s tongue whether we are buying groceries or an insurance plan. Finding an answer to this question, especially about term insurance, is an important prerequisite in your quest to… Read More

To maintain your lifestyle, it is vital to ensure that you have a robust source of income – whether that is after your retirement or during your working years (to supplement your primary income source). Investing in a guaranteed monthly… Read More

Planning for the long-term can be tricky. The large timeline can make it hard to pick the right option. Some long-term investments also tend to be less flexible, making it harder for you to take the leap of faith and… Read More

ULIP or United Linked Insurance Plans are one of the most popular investments today. ULIP plans are a wise investment choice because they combine the best features of an insurance plan and a market-linked investment plan. In a ULIP policy, a part… Read More

Term insurance is the cornerstone of efficient financial planning. Financial advisors often recommend working professionals who have financial dependents to invest in a term plan to ensure financial stability against unpredictable scenarios. There is often a misconception associated with buying… Read More

Insurance providers today have a host of options to cater to the diverse needs of insurance seekers. However, amongst the two oldest types of life insurance policies are term insurance and whole life insurance. When you go shopping for insurance, you are… Read More

Aside from its figurative meaning, the phrase ‘health is wealth’ has a very literal connotation for smokers, especially when it comes to buying term insurance. With the tobacco epidemic posing as the biggest public health risk globally, insurance providers categorise smokers… Read More

There is no denying that a term life insurance policy fortifies your financial planning, and so the earlier you invest in one, the better. For novice buyers, a pure term insurance plan is a wise investment in the initial stages of a… Read More

As you grow old, you experience different life stages. You graduate, start working, become financially independent, you buy a home, you progress in your career, you get married, have children, get your children married, retire, and so on. Each stage… Read More

A ULIP plan is a multidimensional investment tool that can be used for several financial goals. Good ULIP plans are safe, flexible, and practical. It can be purchased by following a few simple steps. ULIP renewal processes are also smooth and free from… Read More

Insurance plans have evolved manifold and now offer various types of options that let you save and invest, all the while securing your family members and their future. Guaranteed returns investment plans are another option that has enabled several investors to reach… Read More

Cigarettes have garnered a bad reputation for themselves, and several slogans have been dedicated to encouraging giving them up. Aside from being harmful to your health, smokers also have to shell out a higher amount for term insurance compared to… Read More

A Unit Linked Investment Plan or a ULIP plan is one of the best investment options you can consider for securing your future. However, while ULIP insurance can offer you many benefits, you should consider certain factors before buying it. Doing a… Read More

Volatility is the nature of the market. Market instruments that invest in stocks are more prone to market fluctuations as compared to their counterparts. That is one reason why many investors are wary of investing in stocks. However, there are… Read More

With the global health crisis becoming a common occurrence, having an insurance policy is no longer an option. Life insurance plans act as a shield against unforeseen events that might lead to a financial crisis. A term plan is the simplest form… Read More

Life can be unpredictable, and no two days are the same. With age, increasing responsibilities, changing needs of your family members, rising health concerns, etc., your financial needs can also alter with time. Hence, it becomes important to have a… Read More

Most people view retirement as an event that is still too far off in the future to be concerned. As true as that might be, taking time for granted can be a mistake, especially when it comes to managing your… Read More

You spend a major part of your day at your office hustling, working hard, and persevering. Hence, the money that you earn needs to be carefully and optimally preserved and invested for your future. Of all the different investment instruments… Read More

Despite its numerous advantages and tax benefits, the penetration of life insurance plans in India is significantly low. As of 2020, the penetration of life insurance was only 3.7% of the total GDP of the country. This is significantly low as compared… Read More

Most investors are initially hesitant when they start to invest in market-linked securities, even if it is a simple ULIP scheme. A significant part of their concerns is the fear of financial loss. This is because the market fluctuates variedly,… Read More

A Unit Linked Insurance Plan, also known as ULIP Schemes, is a type of insurance product that also offers you the opportunity to invest your money and earn high returns. The basic concept of a ULIP plan involves a long-term… Read More

Retirement planning is one of the essential components of financial planning. Retirement is a time when you no longer have a job to support you financially. Hence, it becomes crucial to save enough for your golden years well in advance… Read More

Buying a house of your dreams is a long-sought desire. Your house is your place of comfort, a place you can call your own and a place where you build your family. Moreover, given the easy availability of home and… Read More

Despite life insurance being such a vital part of a financial plan, many people tend to ignore its importance. This is because traditional insurance plans only offered a secure life cover and no returns. But over the years, with the… Read More

Money means different things for different people. Wherever you belong on your financial journey, a ULIP plan (Unit Linked Insurance Plan) can help you achieve your objectives. It is often believed that a ULIP policy only helps achieve long-term goals.… Read More