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 »
Atal Pension Yojana (APY) Atal Pension Yojana named after the former Prime Minister of India, Atal Bihari Vajpayee launched in May 2015 by the Government of India. The primary objective of APY is to provide a pension scheme for workers in the unorganized sector, who often lack access to formal pension schemes and social… Read More »
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 »