Articles

There are many accidental or unforeseen events in our life. Insurance covers help you to protect yourself from an unprecedented crisis. Insurance policies are of many kinds. They can be towards your health, travel, motor vehicle and your house. Any unavoidable circumstances can thus be mitigated with an insurance cover. Car insurance is one such insurance policy that covers your motor vehicle from any unescapable loss or damage. Read more to understand what is car insurance and why is it considered necessary.

Term Insurance is a Life Insurance Policy designed to secure the future of your loved ones when you are no longer around to provide funding for them.

Buying an Insurance Policy is an investment that you make to safeguarding yourself and your loved ones from the uncertainties that life throws at you. There are several type of Insurance available in the market that are specifically designed to meet different risks. Insurance Policy needs and threat perceptions differ from one individual to another. Still, there are primary products that most people take up. Let us examine these basic ones.

All of us save money to invest, and we invest to save. Saving money without any financial goal serves no purpose. On the other hand, it is essential to identify your risk appetite and investment goals before proceeding with your investment plans. Earlier, Fixed Deposits were considered the safest investment option. Things have changed now, and investors are looking at alternative investment avenues to park their money. Bonds come up here as an option.

Investing in Bonds is a go-to option for both beginners and seasoned investors alike. Bonds are considered a safer bet than Equity Instruments as they are immune to market volatility.  Let us look at the features of Bonds and the benefits of Bonds that make them popular

Non-Convertible Debentures, commonly known as NCDs, are financial instruments a company issues to investors to raise money. These instruments have a fixed maturity date. Individuals, banking companies, and corporate bodies registered or incorporated in or outside India can invest in NCDs. Unlike Convertible Debentures, NCDs cannot be converted into shares when they mature.