Medical Insurance A comprehensive medical insurance is an important safeguard to ensure a financial cover in case you need to avail medical care. Some working professionals only use the corporate medical plan that is offered by their employers. However, it is always prudent to have a personal plan as well which comes in handy post retirement. Also, you might need medical insurance for your dependent parents who are retired. Selecting the right plan can often be confusing. There are too many clauses, a lot of information that one doesn't really know or understand. Generally one looks at the cover amount while selecting a policy and only when the time comes to make a claim that one gets to know about the numerous clauses and conditions in the policy. Many policies have hidden costs , unclear wording, and conditions buried in fine print. Clauses like Co-Payment , Room Rate Cap , Waiting Period , and Restoration Benefit can drastically change how much you actually receive d...
Your go-to guide for personal finance, behavioral finance, and smart investing. Welcome to a clutter-free space in the world of personal finance and investments. In an age of information overload, this blog simplifies the basics of money management, investing, and mutual funds — making them easy to understand for beginners and seasoned investors alike. Here, we focus not just on numbers, but on the psychology behind them. Behavioral finance plays a key role in helping you recognize common biases