Tag Archives: #FinancialProtection

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 »

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 »