Life insurance is critical to protect your dependants in case something unfortunate were to happen to you. This will ensure that your loved ones are financially secure in case of any eventuality. Insurance companies offer two kinds of policies – pure risk cover and investment-cum-risk policies. It’s advisable to opt for pure risk insurance cover (Term plans) with add-ons such as disability cover, accidental death cover and critical illness cover, based on your specific needs. Insurance should be used only for protection and should not be combined with investment. Investment-based policies such as Unit Linked Insurance Plans (ULIPs) and endowment plans are expensive and offer much lower amount of cover for the same amount of premium as compared to term plans. … [Read more...] about 3 critical steps to take before you start investing
Motorist mutual car insurance
You have to build a retirement nest egg that can sustain your expenses through the rest of your life and your partner’s. This is a complex topic by itself, but the principles that determine the size of the corpus are your spending pattern, the rate of inflation and the manner in which you invest those savings when you retire, and the number of years that you want the corpus to last. An illustration is included here. … [Read more...] about How much money do you really need to be financially independent?
In every case, driving with the windows open meant a higher exposure to pollutants for those inside the car. In-car exposure was also higher in most cities when driving during morning peak hours, so one way people can avoid air pollution while commuting, researchers say, is to travel during off-peak hours. In general, commuters who turned on their recirculation were exposed to up to 80% less in-car pollutants, compared to those with their windows down. Having the windows up with the fan on meant less exposure than when the windows were open, but more than when the air-conditioning was on, because more external air was still brought into the car. … [Read more...] about How much air pollution you’re exposed to in traffic depends on if you use air-conditioning or not
In the circumstances highlighted above, it would appear a fair argument that the state should move to a city that does not have the disadvantages of Mumbai and can provide an improved and inclusive working atmosphere. The city to select should be more centrally located, have a nicer weather, well-connected by land and air and decently provided for the living population. … [Read more...] about Seven reasons why Maharashtra should have a new capital
Fail fast Last but not least, when it comes to launching a new product, you can never be certain if you’re going to succeed. As an entrepreneur, that’s a risk that you have to be willing to take—especially in quickly changing and uncertain times like these. As Michael Jordan said, “To learn to succeed, you must first learn to fail.” In today’s world, this sentiment could not be more relevant. Establishing product market fit is perhaps one of the hardest things for a new offering, so focus on the feedback and listen to your customers . . . and always remember that we learn something in every mistake and failure! … [Read more...] about Yes, you can launch a new product in the pandemic. Here’s how