Tag Archives: #FinancialHealth

Mediclaim Policy or Health Insurance

Mediclaim Policy or Health Insurance   A Mediclaim policy, also known as health insurance, is a contract between an individual and an insurance company wherein the insurer agrees to provide financial coverage for medical expenses incurred by the insured. These expenses can include hospitalization, surgery, medication, diagnostic tests, and other related treatments.   Importance of… Read More »

Financial Planning

Financial Planning   Financial planning is the process of setting goals, assessing resources, and creating a roadmap to achieve those objectives. It involves evaluating your current financial situation, identifying areas for improvement, and charting a course toward financial stability and growth. Whether your goals include buying a home, funding your children’s education, or retiring comfortably,… Read More »

Provident Funds (PF)

Provident Funds (PF):   Provident Funds (PF) is a vital financial tool design to ensure employees have a secure retirement. It is a government-manage, mandatory savings scheme that offers numerous benefits to employees in various sectors.   What is Provident Funds? Provident Fund is a government-back savings scheme where both employees and employers contribute a… Read More »