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Insurance

Is there an insurance plan to preserve family savings amidst inflation?

[ad_1] Q. I am a 37-year-old professor at a private college, and I want to ensure my family’s financial security in case something happens to me. My daughter dreams of becoming a doctor that requires a substantial amount of money. I am diligent and considerate about my savings. However, as an academic, I am aware that inflation can affect my household expenses and impact my future financial planning as…

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Insurance

Should married couples get separate health insurance or share a single one?

[ad_1] Q. I recently got married and my spouse is self-employed. Can we combine our health insurance plans, or should we each maintain separate coverage? What are the pros and cons of each option, especially considering our differing employment statuses. Combining health insurance plans as a married couple, especially when one spouse is self-employed, involves weighing the pros and cons of different options. Here are some considerations to help…

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Insurance

4 key trends shaping the future of life insurance for the millennials and Gen Z

[ad_1] Millennials have disrupted many industries, and insurance is not an exception. This generation values connectivity and their continuous access to information, thus demanding personalised experiences, transparency, and technology-driven solutions. In the dynamic landscape of the Indian life insurance industry, a transformative shift is underway, with prime focus on providing tailored financial protection for the next generation. The evolving needs and aspirations of young individuals demand a more personalised…

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