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While everyone else is busy planning for that big party for the New Year, I am sitting here, quietly at my desk, and planning to overtake them all, financially. And I do that, by strategically planning my next 12 months. I am not against celebrations but putting the financial plans in place is my first priority and I do that every December. And you should too. In fact, this year, I have decided to give you a peek into my financial strategies for the year 2018. This New Year, I hope you’re as excited as I am, to grow financially. Let’s get started then. Below, I will reveal my 4 financial strategies that could help me and possibly you to kick start our New Year on a positive note (money-wise).
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The Insurance Regulatory and Development Authority of India (IRDAI) recently announced that linking of Aadhaar number to insurance policies is mandatory. Failure to comply may lead to interruption at the time of claim settlement (in most cases, delayed payouts).The rule stands applicable to all insurance companies in the country and they are required to implement it at the earliest.
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Take a peek at any newly-engaged couple's wedding planning list. You are bound to find tasks like shop for bridesmaids' dresses, book a florist, get a manicure, etc. But what is that one essential point that many couples fail to include in their to-do list? If you haven’t guessed it already, it’s ensuring their big day is financially secured. So how can they do it? Well, that is where wedding insurance comes into play.
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Just when I thought insurance is a boring industry, I stumbled upon some interesting case studies. These case studies comprise of some bizarre and some funny insurance claim stories. And I thought why should I alone have a good laugh? So, here are the 7 best insurance claim stories in a descending order up until my personal favourite on spot 1. Go ahead and indulge in a laughter ride.
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According to a recent announcement by the Insurance Regulatory and Development Authority of India, linking of Aadhaar number to insurance policies is compulsory under the Prevention of Money-laundering Second Amendment Rules, 2017. Individuals that wish to avail any kind of financial service, including insurance, are now required to provide their Aadhaar and PAN/Form 60. The regulator has stated that all insurance companies – life and nonlife – are required to put this into practice.
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If you own a four-legged furry friend, you definitely know what unconditional love feels like. You come home after a hard day’s work and there’s your dog waiting at the doorstep to greet you and possibly get you to rub its belly. Pets are a part of our family, so if you have availed insurance covers for your spouse and children, shouldn’t you be getting one for your pet as well? Yes, insurance cover for pets exist and you definitely must get one if you’re a dog owner.
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Yes, firecrackers are fun and we loved bursting them as kids. Because well, we did not have an understanding back then as to what our temporary fun did to the environment in the long run. Nevertheless, now that we are grown up and understand the value of nature, it’s time we instill newer perspectives in our lives. Shouldn’t we? Yes, we indeed should because “environmental pollution is an incurable disease. It can only be prevented”, says Barry Commoner. So, say no to crackers this Diwali.