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Risk and uncertainty are part of everyone’s life and the purpose of insurance is to shift this major financial loss caused due to these uncertainties from individual to insurance companies.
Read MoreOne of the choices you need to make while buying an insurance plan is whether to go for a unit-linked policy (ULIP) or a plan on the traditional platform. In order to be able to decide correctly, you should know your risk appetite, or your tolerance to financial risk.
Read MoreOver the years, life insurance has usually been synonymous with life protection for the family of the policyholder upon his death. However, these days, it offers a lot more. In order to meet demands for better returns on insurance, ULIPs were designed as a dual benefit product.
Read MoreThe human tendency to take extreme measures to avoid loss leads to some behaviours that can inhibit investing success.
Read MoreHuman beings are rational and intellectual creatures. We try to act in the most rational manner in a given circumstance, including when it comes to taking investment decisions, yet we clearly know that emotions do affect such decisions. People in the world of investments commonly talk about the role greed and fear play in driving stock markets.
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