In the interim Budget 2024, the government increased the allocation for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to Rs 7,200 crore.

Government health insurance schemes are cheaper than those from private health insurers; however, the latter offers more customisation and possibly wider coverage of diseases.

If you think your insurance policy coverage is inadequate, consider add-on options like disability or critical illness benefits to enhance the coverage instead of buying a new one; endowment plans offer a larger sum at maturity, unlike money-back policies

Policyholders are expected to choose a nominee at the time of purchasing an insurance cover. In the event of a claim, the insurer will provide the benefits covered by the policy to the specified nominee

The demand for buying term insurance plans from India among NRI customers in the 18-60 age group, mainly from the US, UK, Canada, UAE, and Singapore, has grown 130 per cent year-over-year.

When you avail of more than one insurance policy, it is called a split policy. Splitting the insurance policy can help the insured with greater flexibility in planning their insurance cover.

Amit and Priya both aim to retire at 60 and invest in a retirement fund. One starts investing at 25, the other at 40. Let’s see how the power of compounding works for each of them.

Health expenses can be a significant issue in old age if not prepared well, so a health insurance plan can provide the financial cushion for such emergencies post-retirement.

As healthcare costs rise rapidly, shouldyou have more than one health insurance policy to cover the risk comprehensively?Know the pros and cons.

Retirement planning is a long-term goal and has to be tailor-made for each individual in accordance with his/her financial goals. Here are seven important things, such as contribution to VPF, PPF, buying health and life insurance early on to factoring in inflation, among others that you should consider while planning for your retirement