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Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

National Pension Scheme (NPS): How to Invest & Maximise Returns
31 Mar '26
918 Views
8 minute read
Discover how to invest in the National Pension Scheme (NPS) in India. Learn about tax benefits, investment options, and how it compares to private pension plans.
Read More
Retirement Plan
Employee Pension Scheme (EPS-95): Eligibility, Benefits & How It Works
31 Mar '26
1234 Views
9 minute read
With EPS-95 minimum pension up to ₹7,500, private-sector employees may need to rethink VRS plans. Know the impact and retirement benefits in 2025.
Read More
Retirement Plan
ETF vs Mutual Fund: Key Differences, Returns and Costs
31 Mar '26
77 Views
7 minute read
Learn the difference between ETF and mutual fund, how they work, costs, returns and which investment option suits your financial goals.
Read More
Investment
How to Evaluate Mutual Fund Performance?
31 Mar '26
25 Views
8 minute read
Learn how to evaluate mutual fund performance using key metrics like returns, risk, expense ratio and benchmarks to make better investment decisions.
Read More
Investment
How to Find GSTIN Using PAN? Step-by-Step Guide
31 Mar '26
56 Views
10 minute read
Learn how to find GSTIN using PAN online with simple steps and understand how PAN is linked to GST registration in India.
Read More
Personal Finance
Does Life Insurance Impact Credit Score? What You Should Know
31 Mar '26
26 Views
8 minute read
Discover if life insurance affects your credit score, how it differs from loans and what it means for your financial health.
Read More
Personal Finance
Gold Investment Options in India: Types, Returns and Benefits
31 Mar '26
84 Views
9 minute read
Explore gold investment options in India including physical gold, ETFs, sovereign gold bonds and digital gold to make informed investment decisions.
Read More
Investment
What Is an In-Force Policy in Insurance and Why It Matters?
31 Mar '26
56 Views
6 minute read
Learn what an in-force policy in insurance means, how it works and why maintaining an active policy is important for financial protection.
Read More
Life Insurance
What Are Equity Mutual Funds? Meaning, Types and Benefits
27 Mar '26
74 Views
9 minute read
Learn what equity mutual funds are, how they work, their types and benefits to help you make informed investment decisions.
Read More
Investment
Personal Finance Profit and Loss Statement: How to Create One?
25 Mar '26
75 Views
7 minute read
Understand how to prepare a personal profit and loss statement to track income, expenses and improve financial planning effectively.
Read More
Personal Finance
What is Basic Premium in Life Insurance and How Does It Work?
25 Mar '26
101 Views
6 minute read
Learn what basic premium in life insurance means, how it is calculated, and why it matters when choosing the right life insurance policy.
Read More
Life Insurance
What is Net Premium in Insurance and Why is It Important?
25 Mar '26
108 Views
7 minute read
Learn what net premium in insurance means, how it is calculated, and why it plays a key role in determining policy costs.
Read More
Life Insurance
How to Manage Your Salary Smartly on Payday? Budgeting Tips
25 Mar '26
97 Views
7 minute read
Learn smart salary saving and monthly budgeting tips to manage your income on payday. Build savings, control expenses, and improve financial stability.
Read More
Personal Finance
How LTCG Tax Impacts ULIP Investments and Returns?
25 Mar '26
69 Views
7 minute read
Learn how LTCG tax affects ULIP investments, including taxation rules, returns impact and key considerations for long-term financial planning.
Read More
Ulip
What Is an Employee Salary Slip? Format, Components & Tax Benefits
19 Mar '26
4086 Views
13 minute read
Learn what a salary slip is, why it matters, and how it impacts your tax-saving strategies. Includes downloadable format and latest rules.
Read More
Tax Saving
What is TDS and TCS? Difference Between TDS and TCS
18 Mar '26
8055 Views
9 minute read
Understand the key differences between TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) for smarter tax savings. Explore the Canara HSBC Life Insurance blog for insights.
Read More
Tax Saving
Who is an Insurance Agent? Role & Responsibilities Explained
18 Mar '26
102 Views
8 minute read
Learn who an insurance agent is, the role of an insurance agent, and how they help you choose the right insurance coverage and manage policies effectively.
Read More
Life Insurance
What is an Appointee in Life Insurance? Role & Meaning Explained
18 Mar '26
100 Views
8 minute read
Learn what an appointee in life insurance is, their role, and how they differ from an insurance nominee in managing policy claims for minor beneficiaries.
Read More
Life Insurance
What is Adverse Selection in Insurance? Meaning & Impact Explained
18 Mar '26
100 Views
6 minute read
Understand adverse selection in insurance, its impact on premiums, and how insurance risk assessment helps insurers manage high-risk policyholders effectively.
Read More
Life Insurance
What is an E-Term Insurance Plan? Benefits & Features Explained
18 Mar '26
95 Views
7 minute read
Learn what an e-term insurance plan is, how it works, and its benefits. Understand term insurance plans, features, and tips to choose the right cover.
Read More
Term Insurance
How to Withdraw from Your Retirement Plan Before Maturity?
13 Mar '26
503 Views
5 minute read
Thinking of early withdrawals from your retirement plan? Learn when it is allowed and how to avoid costly mistakes with smart planning.
Read More
Retirement Plan
Avail 1 Day Claim Settlement of up to 1 CR
12 Mar '26
985 Views
6 minute read
Canara HSBC Life Insurance introduces 1 day settlement of death claims, with a 98.12% claim settlement ratio. Click Here to know more about the steps for Claim Settlement.
Read More
Life Insurance
Senior Citizen Card: How to Apply for it Online?
12 Mar '26
13612 Views
10 minute read
Learn the step-by-step process to apply for a Senior Citizen Card in India. Discover eligibility criteria, required documents, and benefits that come with the card for senior citizens.
Read More
Retirement Plan
No Smoking Day: How Smoking Affects Life Insurance and Financial Security?
11 Mar '26
323 Views
8 minute read
On No Smoking Day, learn how smoking impacts life insurance premiums, policy eligibility and long-term financial security for you and your family.
Read More
Life Insurance
How to Choose the Best ULIP Plan for Smart Investing?
10 Mar '26
1075 Views
7 minute read
Choosing the right ULIP plan can make a significant difference to your returns. A clear breakdown of top tips to pick the best ULIP plan for your goals.
Read More
Ulip
What Is a Joint Life Insurance Policy and How Does It Work?
10 Mar '26
1196 Views
10 minute read
A joint life policy is a single plan that covers both the wife and the husband whether both of them are earning or only one. Understand how it works, who it suits best, key benefits, payout structure, and important points to consider before choosing one.
Read More
Life Insurance
Why ULIPs Are Ideal for Stable Wealth Generation?
08 Mar '26
897 Views
6 minute read
Stable fund generation requires the right investment vehicle. Know why unit-linked plans are ideal for building a consistent fund corpus with market-linked growth, flexibility, and long-term wealth creation.
Read More
Ulip
What is NAV? Meaning, Calculation & Importance
08 Mar '26
886 Views
6 minute read
NAV is a key concept every investor should understand. Learn what NAV means, how it is calculated, and why it matters for ULIPs and your overall investment performance.
Read More
Ulip
How ULIPs Protect Your Family's Financial Goals & Future?
08 Mar '26
511 Views
8 minute read
ULIPs offer more than just investment returns - they protect your family's future too. A clear breakdown of how ULIPs safeguard your family's financial goals.
Read More
Ulip
Stop ULIP Premium Before 3 Years? Know the Consequences
07 Mar '26
946 Views
7 minute read
Stopping ULIP premiums before 3 years can lead to charges, lock-in restrictions, and limited access to funds. Learn what happens, the penalties involved, and the options to manage or revive your policy.
Read More
Ulip
How Does ULIP Partial Withdrawal Work? Key Rules & Limits
07 Mar '26
3907 Views
6 minute read
Not every ULIP policyholder knows the rules around partial withdrawals. A clear breakdown of how it works, withdrawal limits & tax impact in India today.
Read More
Ulip
What Returns Can You Expect From a ULIP in 10 Years?
07 Mar '26
894 Views
8 minute read
ULIPs can be powerful wealth-creation tools over a decade. Discover how much wealth you can realistically build in 10 years, based on returns, fund choices, and disciplined investing.
Read More
Ulip
Why You Should Not Surrender Your ULIP Policy Early?
07 Mar '26
889 Views
6 minute read
Surrendering a ULIP policy early can lead to losses and missed growth. Learn why staying invested is a smarter decision, with benefits like compounding and long-term wealth creation.
Read More
Ulip
Why Life Insurance for Women Is Crucial This International Women’s Day?
07 Mar '26
125 Views
7 minute read
On International Women’s Day 2026, understand why life insurance for women is essential to secure financial independence, protect families, and plan for long-term stability.
Read More
Life Insurance
ULIP Premium Redirection: Meaning, Benefits & How It Works?
06 Mar '26
879 Views
6 minute read
Premium redirection in ULIPs is often overlooked but highly useful. Learn what it means, how it works, and when to use it to align your investments with changing market conditions and goals.
Read More
Ulip
Why ULIPs are Ideal for Retirement Planning in India?
06 Mar '26
1143 Views
8 minute read
Retirement planning needs the right instruments, and ULIPs is a strong option. Learn why ULIPs are a smart choice for retirement goals, offering long-term growth, flexibility, and protection.
Read More
Ulip
Premium Payment Options in Life Insurance & Its Benefits
06 Mar '26
6750 Views
10 minute read
Explore the flexible premium payment structures and methods offered by Canara HSBC Life Insurance to suit every lifestyle and financial plan.
Read More
Life Insurance
How to Check if Your Wealth Plan Is on the Right Track?
05 Mar '26
891 Views
6 minute read
A wealth plan that isn’t reviewed regularly can go off track. Learn how to check if your plan is performing as it should in India, using key metrics, goal tracking, and timely adjustments.
Read More
Ulip
Use ULIP to Pass Tax-Free Wealth to Grandchildren
05 Mar '26
1081 Views
7 minute read
Leaving a tax-free legacy for your grandchildren is possible with the right plan. You should know how Unit Linked Insurance Plans help you pass on a tax-free estate today.
Read More
Ulip
Term Insurance Exclusions - What Is Not Covered in Your Plan?
05 Mar '26
2697 Views
7 minute read
Before buying term insurance, know what it does not cover. A complete breakdown of key exclusions & limitations in term insurance plans across India.
Read More
Term Insurance
What Is Tax Liability? Meaning, Calculation & Examples
05 Mar '26
1994 Views
7 minute read
Tax liability is the total tax payable after deductions and exemptions. Learn its meaning, how to calculate tax liability and how it affects ITR filing in India with examples for individuals.
Read More
Tax Saving
What is the Principle of Contribution in Insurance?
05 Mar '26
1711 Views
7 minute read
Understand the principle of contribution in life insurance and how it applies to your policy. Explore insights from Canara HSBC Life Insurance to safeguard your financial future.
Read More
Life Insurance
Pradhan Mantri Jan Dhan Yojana: Eligibility & Benefits Explained
04 Mar '26
3853 Views
9 minute read
Pradhan Mantri Jan Dhan Yojana ensures financial inclusion by providing access to banking, insurance, pension, and credit for Indian citizens. Learn more!
Read More
Saving Plan
12 Best Saving Plans & Schemes in India with High Returns
04 Mar '26
895 Views
7 minute read
Know about the best saving plans in India such as NSC, SCSS, RD, MIS, PPF, KVP, SSY, Atal Pension Yojana and more. Read this blog and choose the best savings scheme for yourself.
Read More
Saving Plan
What is ULIP and Is It a Good Investment Option?
04 Mar '26
876 Views
6 minute read
ULIPs combine insurance and investment in one plan, but are they right for you? Understand what a ULIP is, how it works, and whether it is a suitable investment for your financial goals.
Read More
Ulip
How To Build An Automated Investment Plan That Manages Itself?
04 Mar '26
883 Views
7 minute read
An automated investment plan takes the effort out of managing money. Learn how to build one that runs itself and grows your wealth in India through disciplined investing, smart allocation, and long-term strategy.
Read More
Ulip
Which ITR Should You File? Income Tax Return Guide
03 Mar '26
1264 Views
10 minute read
Learn the changes in the income tax return rules for FY 2025-26. Understand the alterations and determine the appropriate ITR form for filing your tax return this year.
Read More
Tax Saving
Can You Buy 2 Term Insurance Plans at the Same Time?
02 Mar '26
1271 Views
7 minute read
Wondering if you can have two term insurance plans at once? Find out if it is possible, how it works & whether buying 2 term plans is the right choice.
Read More
Term Plan
Sum Assured in ULIPs - Meaning, Importance & How It Works
02 Mar '26
2006 Views
7 minute read
Sum assured in ULIPs is a key component many investors overlook. Understand what it means, how it works, and why it matters for your coverage, investment value, and long-term financial security.
Read More
Ulip
ULIP Facts That Will Change the Way You Invest
02 Mar '26
884 Views
6 minute read
Most people only scratch the surface when it comes to ULIP (Unit Linked Insurance Plan). A clear breakdown of surprising facts & lesser-known aspects of ULIPs every investor must know.
Read More
Ulip
What Factors Impact the Value of Your ULIP?
02 Mar '26
876 Views
7 minute read
ULIP values are dynamic and influenced by market performance, fund choice, charges, and tenure. Learn what impacts your ULIP value and how to optimise returns through smart fund allocation and long-term planning.
Read More
Ulip
Why Should You Not Exit ULIPs After the Lock‑in Period Ends?
02 Mar '26
904 Views
6 minute read
A host of financial products are available in the market catering to people with different financial goals and return expectations. People looking to financially secure
Read More
Ulip
How ULIP Withdrawals Work: Rules and Process
02 Mar '26
1105 Views
5 minute read
ULIP withdrawals come with specific rules & conditions. Learn how withdrawals work, lock-in periods, and tax implications in India to manage your funds effectively and avoid penalties.
Read More
Ulip
Best ULIP Investments for Women & Single Mothers
02 Mar '26
1090 Views
5 minute read
Women & single mothers have unique financial needs that deserve the right investment plan. A clear breakdown of why ULIPs are an ideal choice for them.
Read More
Ulip
Budgeting for Short & Long-Term Financial Goals
01 Mar '26
2897 Views
11 minute read
Struggling to balance short & long-term financial goals? Get expert budgeting tips & strategies to help you plan smarter & achieve your goals in India.
Read More
Term Insurance
How Much Should You Save Every Month for a Secured Future?
01 Mar '26
1660 Views
9 minute read
Not sure how much to save every month? Find out the ideal monthly savings amount, smart saving tips & how a term plan helps secure your future in India.
Read More
Term Insurance
Why Legacy Planning for Future Generations Matters Now?
28 Feb '26
1032 Views
6 minute read
Want to secure your family's future for generations? Find out why legacy planning matters & how a term plan helps you build a lasting financial legacy.
Read More
Term Insurance
Does Term Life Insurance Cover Disability? Know the Facts
28 Feb '26
938 Views
10 minute read
Wondering if term life insurance covers disability? Get a complete breakdown of disability coverage, riders & options available under term plans today.
Read More
Term Insurance
Term Insurance - Is It an Investment or Just an Expense?
28 Feb '26
990 Views
6 minute read
Still debating whether term insurance is an investment or an expense? A complete breakdown of what term insurance really means for your financial plan.
Read More
Term Insurance
How a Term Plan Secures Your Family's Financial Future?
28 Feb '26
986 Views
8 minute read
Worried about your family's financial future? Find out how a term plan provides the right coverage & ensures your family stays protected no matter what.
Read More
Term Insurance
6 Best One Time Investment Plans in India
28 Feb '26
1215 Views
12 minute read
One-time Investment Plan - Check the best one-time investment plans to achieve your financial goals in 2026.
Read More
Ulip
How a Good Term Life Insurance Gives You Financial Freedom?
28 Feb '26
2520 Views
7 minute read
Did you know the right term life insurance can set you free financially? Find out how a good term plan gives you confidence, freedom & lasting security.
Read More
Term Insurance
5 Reasons Your Life Insurance Application May Be Rejected
27 Feb '26
2610 Views
7 minute read
Learn the top 5 reasons why a life insurance application may be declined, including medical history, incorrect details, financial risks, and underwriting concerns.
Read More
Life Insurance
Key Features and Benefits of Life Insurance in India
27 Feb '26
1417 Views
13 minute read
Understand the key features and benefits of life insurance in India, including financial protection, tax advantages, savings options, and long-term security.
Read More
Life Insurance
Is Pension Taxable in India? Rules, Exemptions & Types
27 Feb '26
1994 Views
7 minute read
Know which types of pension are taxable in India, what exemptions apply, how commuted and uncommuted pension are treated, and how to plan your tax liability.
Read More
Retirement Plan
Do You Need Term Insurance Even If You Are Healthy?
27 Feb '26
987 Views
5 minute read
Think you don't need term insurance because you're healthy? Find out why being healthy is actually the best time to buy a term plan & secure your future.
Read More
Term Insurance
Gift Your Partner Financial Security with a Term Plan
27 Feb '26
891 Views
6 minute read
Looking for a meaningful gift for your partner? Find out how gifting a term plan can secure your partner's future & give you both lasting peace of mind.
Read More
Term Insurance
Do You Need a Whole Life Plan or Is Term Life Cover Enough?
27 Feb '26
887 Views
5 minute read
Not sure whether whole life or term life cover is right for you? Get a complete comparison of both & find out which plan best suits your financial goals.
Read More
Term Insurance
Can Senior Citizens Get Term Insurance Online?
27 Feb '26
1087 Views
5 minute read
Wondering if senior citizens can get term insurance online? Find out the eligibility criteria, age limits & best term plans available for seniors today.
Read More
Term Insurance
Rupee Cost Averaging in ULIPs - Does It Really Work?
27 Feb '26
890 Views
6 minute read
Rupee cost averaging is a popular strategy, but does it work in ULIPs? Learn how it works and its impact on ULIP returns, helping you manage market volatility and invest more effectively.
Read More
Ulip
How Life Insurance Protects Families Facing Rare Health Conditions?
27 Feb '26
25 Views
8 minute read
Learn how life insurance helps families facing rare health conditions maintain financial stability through income protection and long-term planning support.
Read More
Life Insurance
Life Insurance Payout Process: How It Works in India?
26 Feb '26
897 Views
5 minute read
Understand how life insurance payouts work in India, including claim settlement process, payout options, timelines, and nominee payment methods.
Read More
Life Insurance
What is Health Insurance and How Can It Help You?
26 Feb '26
887 Views
8 minute read
A health insurance plan provides coverage against medical and surgical expenses incurred due to accidents, illness or any injury during a specified tenure.
Read More
Health Plan
Which Medical Insurance Plan is Perfect for You?
26 Feb '26
951 Views
7 minute read
Find the perfect medical insurance plan tailored to your needs. Compare policies, benefits, and coverage options to make the right choice.
Read More
Health Plan
EPF Guide: Meaning, Contribution Rules, Interest Rate & Withdrawal
26 Feb '26
1534 Views
7 minute read
Learn everything about Employees’ Provident Fund including EPF schemes, interest rates, benefits and features to start saving for a secured future.
Read More
Saving Plan
How a Term Plan Protects You Against Financial Liabilities?
26 Feb '26
989 Views
6 minute read
Worried about outstanding loans & liabilities? Find out how a term plan protects your family against financial liabilities & ensures their security today.
Read More
Term Insurance
Can a Term Plan Replace Your Income for Your Family?
26 Feb '26
882 Views
6 minute read
Worried about your family's finances in your absence? Find out how a term plan can effectively replace your income & keep your family financially secure.
Read More
Term Insurance
Extending Term Insurance Tenure - Is It Possible & How?
26 Feb '26
2978 Views
10 minute read
Wondering if you can extend your term insurance tenure? Find out if it is possible, how it works & what options are available to extend your coverage.
Read More
Term Insurance
Term Insurance vs Whole Life Insurance - Key Differences
26 Feb '26
991 Views
5 minute read
Not sure whether to choose term or whole life insurance? Get a complete breakdown of key differences, benefits & which plan suits your needs in India.
Read More
Term Insurance
5 Crore Term Plan - Cost, Premium & What You Need to Know?
26 Feb '26
3888 Views
7 minute read
Thinking of buying a 5 crore term plan? Find out how much it costs, what factors affect the premium & why a 5 crore cover is worth investing in India.
Read More
Term Insurance
Term Plan vs Health Insurance - Key Differences Explained
26 Feb '26
1890 Views
6 minute read
Confused between a term plan & health insurance? Get a complete breakdown of their key differences, coverage & benefits to make the right choice today.
Read More
Term Insurance
Why Inflation Matters When Buying a Term Plan?
26 Feb '26
880 Views
7 minute read
Inflation can silently erode your term plan coverage over time. A clear breakdown of why factoring in inflation is crucial when choosing a term plan.
Read More
Term Insurance
3 Benefits of Buying Health Insurance Plan for Senior Citizens
26 Feb '26
888 Views
8 minute read
Buying the best health insurance plan has multiple benefits. It offers a financial shield when your income slumps. Learn the 3 benefits of buying health insurance plans for senior citizens to buy the best health plan online.
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Health Plan
Does Term Life Insurance Premium Increase with Age?
25 Feb '26
1150 Views
7 minute read
Did you know your age directly impacts your term insurance premium? Find out how term life insurance premiums change with age & why buying early saves more.
Read More
Term Insurance
How Safe Is It to Buy a Term Plan Online?
25 Feb '26
978 Views
7 minute read
Worried about buying term insurance online? Get a complete overview of the safety aspects, key tips & what to check before purchasing a term plan online.
Read More
Term Plan
ULIP vs Traditional Plans: Benefits and Differences
25 Feb '26
1038 Views
7 minute read
ULIPs and traditional plans serve different financial goals. Understand their key differences, benefits, and which option suits your needs in India for better financial planning decisions.
Read More
Ulip
How Long Should be the Term of Your ULIP Plan in India?
25 Feb '26
938 Views
6 minute read
Determine the ideal term for your ULIP plan to maximize returns, achieve financial goals, and enjoy tax-saving benefits.
Read More
Ulip
iSelect Smart360 Term Plan - More Affordable Than You Think
25 Feb '26
4400 Views
6 minute read
Think term insurance is expensive? Find out 7 everyday things that cost more than the iSelect Smart360 Term Plan & why it is the smartest buy in India.
Read More
Term Insurance
10 Key Benefits of Term Life Insurance You Must Know
25 Feb '26
885 Views
5 minute read
Looking for the right life cover? Find out 10 powerful ways term life insurance can benefit you & help secure your family's financial future in India.
Read More
Term Plan
Best Term Insurance Plan for Senior Citizens - 6 Key Tips
25 Feb '26
841 Views
6 minute read
Looking for term insurance for a senior citizen? Find out 6 expert tips to help you choose the best term insurance plan for your loved ones in India.
Read More
Term Plan
Section 195 of Income Tax Act - TDS for NRIs Explained
25 Feb '26
1067 Views
7 minute read
Learn all about Section 195 of the Income Tax Act, its applicability on NRI payments, TDS rates & how it impacts non-resident Indians earning in India.
Read More
Tax Saving
Consequences of Missing a Term Insurance Premium Payment
25 Feb '26
1319 Views
5 minute read
Missed your term insurance premium payment? Find out the consequences, grace period rules & steps to reinstate your policy before it lapses in India.
Read More
Term Insurance
Is Term Insurance Claim Guaranteed? Key Claim Approval Factors
25 Feb '26
60 Views
7 minute read
Learn whether term insurance claims are guaranteed, common reasons for rejection, and best practices policyholders should follow to ensure smooth claim settlement.
Read More
Term Insurance
FATCA Declaration: Meaning, Eligibility & Filing Guide
25 Feb '26
67 Views
6 minute read
Understand FATCA declaration requirements, who must submit it, reporting rules for foreign financial assets, and why compliance is important for Indian taxpayers.
Read More
Tax Saving
Pension Plan Payout Options: Choosing the Right Retirement Income
25 Feb '26
74 Views
6 minute read
Explore different pension payout options such as annuity types, lump sum withdrawals, and income streams to select the best retirement income strategy for your needs.
Read More
Retirement Plan
Concentration vs Diversification: Which Investment Strategy Wins?
25 Feb '26
31 Views
5 minute read
Compare concentrated and diversified investment strategies, understand risk-return trade-offs, and learn how to choose the right allocation approach for long-term goals.
Read More
Investment
Insurance for All by 2047: India’s Financial Protection Vision
25 Feb '26
33 Views
7 minute read
Understand India’s Insurance for All 2047 initiative, its objectives, expected benefits, and how expanding insurance penetration can strengthen financial security nationwide.
Read More
Personal Finance
Retirement Age in India: Current Rules & Planning Insights
25 Feb '26
70 Views
6 minute read
Learn about the official retirement age across sectors in India, early retirement considerations, and how retirement timing impacts long-term financial planning goals.
Read More
Retirement Plan
Income Tax Rates in India: Latest Slabs & Comparison Guide
25 Feb '26
77 Views
6 minute read
Explore current income tax rates under old and new regimes, slab-wise comparisons, and practical tips to select the most suitable tax regime for your income profile.
Read More
Tax Saving
What is SIP - SIP Meaning, Types, How Does SIP Work?
24 Feb '26
1098 Views
7 minute read
SIP - Systematic Investment Plan is the best way to invest in mutual funds. Learn more about SIP Investment, its meaning, benefits, and how to find the best SIP plans.
Read More
Financial Planning

Editor's Choice

What is Insurance

What is Insurance? Definition, Types and Benefits

02 Dec '25
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10 minute read

Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.

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Types of Term Insurance Plans in India

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Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.

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TDS on Rent: Section 194I of Income Tax Act Explained

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Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.

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How Should You Plan Retirement Effectively in Your 50s?

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If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.

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Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.

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What is Insurance

What is Insurance? Definition, Types and Benefits

What is Insurance? Definition, Types and Benefits
02 Dec '25
9311 Views
10 minute read
Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.
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Types of Term Insurance Plans in India

Types of Term Insurance Plans in India
01 Sep '25
1587 Views
10 minute read
Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.
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TDS on Rent: Section 194I of Income Tax Act Explained

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8244 Views
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Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.
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What Is Tax? Understanding the Tax Concept in India (2026 Guide)

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15 Jan '26
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Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.
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How Should You Plan Retirement Effectively in Your 50s?

How Should You Plan Retirement Effectively in Your 50s?
17 Dec '25
1087 Views
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If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.
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5 Smart Tips to Plan Your Child’s Education Abroad in 2026

5 Smart Tips to Plan Your Child’s Education Abroad in 2026
07 Aug '25
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Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.
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Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.