May 2023 – Financial Management Club

Education

Avoid These Mistakes When You Buy a Child Education Plan

May 23, 2023 Adm1n

It’s important to invest in a child education plan to secure the future of your kid. Due to rising inflation, prices of everything including quality education are increasing. You need to start investing now to build a future corpus for your child. That’s because times are unpredictable and so is financial stability. You don’t know whether you will be able to spend money, say, for the next 10 years to help your child achieve his/her milestones.

When you consider investing in your child’s education, it’s better to know about certain mistakes that you should avoid. So, here’s a look.

Overlooking the Future Cost of Education

Whether you wish your child to pursue higher education in India or abroad, remember that education inflation is on the rise. Besides, overseas degrees are expected to be 10 times costlier than those in India. A kid’s present aspirations can help you plan for the …

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Does Your Health Insurance Plan Cover These Hospitalisation Expenses?

May 19, 2023 Adm1n

Without Hospitalisation Coverage under Health Insurance

What scenario does your mental picture of a health insurance claim look like? Right, a serious sickness, protracted treatment needing regular medical care and hospitalisation. It’s not just you. When most people consider insurance, they typically picture pricey hospital rooms. However, thanks to several medical advances, many treatments and operations can now be finished in a few hours. But are these covered by your health insurance policy?

Domiciliary hospitalisation

Domiciliary hospitalisation is the practice of receiving medical care at home, either because you are unable to leave the house or for other personal reasons. However, just because you are having treatment at home doesn’t imply it will always be less expensive; you can still require pricey supplies, carers, and medications.

Daycare treatment

While home hospitalisation is an option, daycare treatments which refer to certain operations that don’t require long hospital stays and constant observation …

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The Benefits Of Flight Travel Insurance: Protecting Yourself On Your Next Trip

May 19, 2023 Adm1n

Flight insurance is a sort of travel insurance that guards against flight costs and offers rewards in the event of an unavoidable accident leading to passing away or dismemberment while you are in the air.

If you miss a flight or an incident happens while you are flying, it may assist you to get a refund. Your flight insurance may also provide travel insurance coverage for a few other benefits, such as lost luggage, delayed baggage, illness, and medical evacuation.

To get flight insurance, one must supply all relevant flight information, including the airline name, date of travel, primary destination name, and end destination name.

Your flight travel insurance information will be included in an email you receive right away for a flight booking at your registered email address.

Trip cancellation: If you miss your flight or need to postpone your trip for any of the reasons specified in your

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