Life Insurance Riders: Maximize Your Coverage
Mini Balakrishnan
The unexpected always seems to happen in life. Although we care greatly about protecting ourselves and our loved ones with comprehensive insurance policies, this is not enough. There’s always more you need to do to ensure the safety of your most prized possessions. This is where a rider on your life insurance policy comes in. […]
Secure Your Future: Annuity Planning for Financial Stability
Mini Balakrishnan
Your work life may be stressful due to various duties and a demanding schedule. Those who have worked hard all their lives often look forward to retirement so that they may finally kick back and relax. Yet one significant component that goes missing in retirement is the monthly paycheck that you have been receiving throughout […]
Top Income Tax Saving Investment Options
Mini Balakrishnan
If you want to reduce your tax liability while achieving your financial goals, there are various investment options available to help you. Some of the most popular investment options for enhancing tax savings include: Employee Provident Fund (EPF) EPF is a retirement scheme that allows employees to contribute a part of their salary towards the […]
Best Pension Plans in India: A Complete Guide
Mini Balakrishnan
Almost everyone eventually has to step away from active work due to age or health, making retirement planning more important than ever in 2025. With rising life expectancy and increasing costs of living, having the best retirement plan and a steady income through a pension scheme is essential for financial security and peace of mind. […]
10 Factors to Consider Before Purchasing Business Insurance
Mini Balakrishnan
Buying insurance is a significant investment, and you’ll want to invest wisely. How do you find the business insurance best suited to your company’s operations? Whether you’re a first-time entrepreneur just getting your firm off the ground or an established company looking to update your coverage, we’re here to make getting business insurance in India […]
How To Calculate Pension Contribution In EPF
Mini Balakrishnan
The calculation of pension contribution in the Employee Provident Fund (EPF) scheme is based on the salary and years of service of the employee. The EPF scheme is a social security scheme that is mandatory for all employees earning a monthly salary of up to Rs. 15,000. Both the employee and the employer contribute a […]
Is Public Provident Fund (PPF) A Good Investment ?
Mini Balakrishnan
Public Provident Fund (PPF) is one of the long-term investment options available in India. It is a government-backed savings scheme offering a fixed interest rate and tax benefits. The PPF scheme was introduced by the Government of India in 1968 to promote savings and investment among individuals. The Ministry of Finance administers the scheme and […]
What Role Does An Underwriter Play?
Mini Balakrishnan
Underwriters are an integral part of the life insurance industry. They evaluate the risks associated with providing life insurance coverage and determine the premiums that should be charged to cover those risks. When an individual applies for a life insurance policy, an underwriter must review the application and decide whether to approve coverage and at […]
What to Know About Child Education Insurance Plans in India (2025 Guide)
Mini Balakrishnan
Every parent dreams of giving their child the best education and a successful future. However, with the rapidly rising cost of school fees, college tuition, and overseas education, planning ahead has become essential. To secure their child’s academic journey, many parents are now turning to Child Education Insurance Plans — a smart financial solution that […]
Guide to Sukanya Samriddhi Yojana: Benefits and Eligibility
Mini Balakrishnan
On January 22, 2015, Prime Minister Narendra Modi unveiled the Sukanya Samriddhi Yojana program at Panipat, Haryana. The program seeks to improve the lives of girls throughout the country by ending practices such as sex assignment and discrimination based on gender, as well as by ensuring their safety and encouraging their increased engagement in society […]