Buying Mediclaim? An 8 point checklist

Instead of getting confused by what agents tell you, check waiting period, claim-settlement ratio, price comparison etc to make the right choice, experts tell Sanjay Kumar Singh. Buying a......

Closing insurance policy midway? YOU are the loser

Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh. Persistency level, which shows the percentage of an insurer's......

Is it fair to nudge household savers through policies?

We are probably working with flawed data on household finance, says Debashis Basu. In early August, the Reserve Bank of India (RBI) formed a committee to study the state of household finance in......

Why smart people make dumb money mistakes

The house I did not buy at Rs 46 lakh three years back now costs Rs 1.1 crore. The Rs 5,000 I put in a mutual fund three years ago is now worth Rs 15,000. I regret not putting in Rs 5 lakh. The......