In India, we buy insurance policies more through “rishtedaari” than research. A cousin or a neighbor becomes an insurance policy agent, and we trust them blindly. They tell us that a particular insurance policy will double our money and also cover our health. We sign the papers and pay the premium. When the policy document was delivered to us after a few weeks. You start reading it and realize this is not what you discussed. The benefits are lower, and the lock-in period is way too long. This is a classic case of mis-selling. If you are feeling trapped at…
Author: Aryansh
Aryansh
He is a blogger with over 6 years of experience in digital marketing and blogging. He writes about personal finance, business, marketing, and the latest news. In his free time, he enjoys travelling and reading books about money.
Suppose your health insurance policy is ₹5 Lakhs. You are having a surgery which is worth ₹2 Lakhs. You are also relaxed knowing that your insurance will cover the amount. However, when you are discharged, the hospital informs you that you must pay ₹40,000 out of your own pocket. You get angry and think that you have been defrauded by the insurance company. This is the Co-payment shock that a number of Indians have to experience on a daily basis Indian people tend to take insurance without looking at the terms and conditions. We examine the premium and the overall…
You get corporate health insurance when you are hired into a new firm, and then you look at the PDF of the Employee Benefits, and read that there is a ₹3 lakh or ₹5 lakh health cover. You breathe a sigh of relief that your medical problems are under control. You get the feeling that you have crossed one big item off your list of adulting without spending a rupee of your own money. But here are the realities on the ground. Medical inflation in India today is increasing by a staggering 14% to 15% per annum. One week in…
LIC is now virtually the brand that is the synonym of life insurance in India. However, there is one thing that I would like to tell you, that your family is not really safe by simply having an LIC policy. The actual issue is whether such a policy can offer sufficient protection. This is where the misunderstanding begins, and honestly speaking, it is a serious misunderstanding that should be sorted out. Everyone has been brought up in the notion of saving money. New parents usually receive their first financial advice in the form of “Bacche ke liye LIC le lo”…
Indians do not like to discuss death. It’s almost a taboo. When a person mentions life insurance during a family dinner, he or she gains a response of either Shubh Shubh bolo (speak auspicious things) or the switching of topics. We exist with a sab theek ho jayega ( everything is alright) mentality. However, having observed the financial situation of Indian families for more than fifteen years, I can say to you that theek ho jayega is not a financial plan. Life is unpredictable. We arrange weddings, holidays abroad, and even the best schools for our children. But we always…
Everyone desires to save money and do the best for their families. The discussion on health in India now takes a new pace. Almost once a week, we read about pesticides in our vegetables. This would compel us to make a transition to organic food. Then we examine the price tag. An organic apple is sometimes three times as expensive as an ordinary apple. This organic premium is a perceived heavy burden on the wallet of the middle class. You are likely to be interested in clean eating when you are a young professional or a parent. But you also…
On Exam day, Stress can already be a factor, and when you get to the gate and are prevented by something you have forgotten or something that was not allowed in your bag, the last thing you need is stress. This is a challenge to many students at the iON Digital exam centres. The iON Digital Zone is a name that has likely at some point crossed your mind if you are a student or job seeker in India. Most of the online tests are done at such Tata Consultancy Services (TCS) centres, whether it is SSC, Banking, Railways, or…
Suppose you are operating a small business today in India, such as a textile factory in Surat, a start-up in Bengaluru, or a retail chain in Indore. The question about the Artificial Intelligence that you are asking is likely to have been transformed. In 2026, if you still thought that AI belongs solely to Google, Microsoft, or startups in the big cities. The playing ground has now become uneasy beneath the feet of large businesses, and the distance that they used to enjoy over small businesses is narrowing more rapidly than most individuals know. IndiaAI Mission by the government has…
When you have ever closely examined your monthly pay slip, you could have found that there was a slight deduction that was made, say about 200 rupees, which was referred to as professional tax. On the face of it, it seems to be just another cut off your hard-earned money, right? We all tend to concentrate on the large numbers of Income Tax so much that this minor percentage is totally overlooked. Yet, as an employee with a salary, an entrepreneur, or an Indian freelancer, it is essential to know what professional tax in India is and how it affects…
In case you have ever attended a competent examination in India, then you understand that the actual examination begins long before you actually open the question paper. Finding the exam centres in Delhi-NCR is not an easy task. Many students who live in the capital or travel to the capital because of exams is dealing with traffic, the Metro, and the notorious heat in the city or the fog in the morning. Whether you are attending the UPSC, SSC, or any other banking entrance, the place where you are taking the exam can destroy or improve your performance. Delhi-NCR is…