Financial Protection: Health insurance helps cover the cost of medical treatments, hospitalizations, surgeries, and other healthcare services, reducing the financial burden on individuals and families.
Access to a Network of Providers: Many health insurance plans have a network of doctors, specialist...
Life insurance is a crucial financial product designed to provide security and peace of mind. Here are some key terms to understand:
Policyholder: The person who owns the life insurance policy and is responsible for paying premiums.
Beneficiary: The person or entity designated to receive the policy’s ...
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme specifically designed to empower the girl child and ensure her financial security. Launched as a part of the Government of India's "Beti Bachao, Beti Padhao" campaign, SSY offers numerous benefits to parents or guardians ...
Systematic Investment Plan (SIP) vs Equated Monthly Installment (EMI)
Systematic Investment Plan (SIP) and Equated Monthly Installment (EMI) are financial terms that cater to different needs but share a common ground of regular payments. SIP is an investment strategy primarily used in mutual funds. I...
Public Provident Fund (PPF) and Equity Linked Savings Scheme (ELSS) are popular investment options in India, each catering to different investor needs and risk appetites. PPF is a government-backed, fixed-income investment with a lock-in period of 15 years, offering safety and steady returns. It sui...
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns. Before making an investment, please contact the investment expert at Sarv Insights for designing a portfolio that suits your needs. However, if you plan to create a portfolio yourself, please consider your individual needs and understand the risks involved in individual funds selected.