Our parents are more likely to become ill or injured as they age. In this situation, the cost of their medical care may exceed your expectations. And to make matters worse, if they’re travelling alone, the importance of having a solid backup strategy increases. Most people purchase travel insurance online for parents to manage these monetary and emotional risks. A ...
Depreciation is used in the insurance industry to describe the rate at which your insurer calculates the value reduction of an insured vehicle due to wear and tear, ageing, etc. Your bike’s Insured Declared Value (IDV), which varies for each model, determines the depreciation rate. Additionally, the depreciation rate of a vehicle increases with age. Now, check all aspects of ...
The landscape of used car financing in India has undergone significant improvements in recent years, greatly impacting individuals living in Tier 2 and Tier 3 cities. Individuals who wish to buy a used car in India must also consider the right time to buy one to benefit from the best deals and explore the latest models. The ideal time to ...
You can invest in mutual funds in a disciplined manner through a Systematic Investment Plan (SIP). SIP helps you contribute a fixed amount towards your investment regularly. You can also increase your SIP investment amount for a certain duration using the ‘Top-up SIP’ feature. This article explains its functioning and how you can use a top-up SIP calculator to your ...
Every day, businesses have to process multiple financial transactions such as accepting payments from customers, paying salaries, bills, and vendors, among others. To handle these transactions effectively, businesses need a separate bank account that gives them the flexibility to make multiple transactions per day, along with other useful banking services. This is where a Current Account comes in as a ...
If you’re considering investing in mutual funds, it’s essential to understand the different types available for you to pick from. The Securities and Exchange Board of India (SEBI) has a categorisation of mutual funds to streamline the mutual fund industry. This framework provides clarity and transparency to you as an investor and helps pick the right mutual fund according to ...
Achieving financial independence is a top priority for many women. It means having enough savings and investments to support oneself without relying on someone else. This is where a women’s savings account can help you out. A women’s savings account can be a valuable tool in achieving financial independence. Such accounts aim to provide women with a safe and secure ...
A tractor-trailer is a large commercial vehicle for transporting goods long distances. Tractor trailers, also known as semi-trailer trucks, are an integral part of the transportation industry, providing a reliable and efficient way of moving goods over long distances. You will be amazed to learn that semi trucks drive roughly 140 billion miles annually. That’s quite a distance. And in ...