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Millennials should opt for term insurance plans—the cheapest life insurance product with a higher sum assured. Photo: iStockphoto Mumbai: Smruti Valegaonkar, 25, Mumbai-based senior architect and product designer at MuseLab Design Engine, has a life insurance cover. “My parents bought it when I was a child,” said Valegaonkar, who has […]
Once you reach your 60s, retirement is pretty much right around the corner, and the last thing you want to do is leave the workforce before getting your financial house in order. Here are six critical money milestones you should aim to reach during your 60s that will set the […]
July 06, 2018 Share this content: The truth behind long-term care insurance EDITOR’S NOTE: This article has been slightly modified from its original version. For some, long-term care insurance has long been viewed, despite all evidence to the contrary, as […]
The Trump administration has been pushing for the return of short-term health plans and association health plans, two types of coverage that are exempt from Affordable Care Act requirements and could offer an affordable alternative to consumers who feel priced out of the Obamacare marketplace. But some California advocates say […]
Advice offered by Marc Hebert, president of The Harbor Group Inc., a certified financial planner. If you have any questions about finance or if you’d like to suggest a future topic, email webstaff@wmur.com. It might be time to reduce your expenses. Perhaps you need to save money for other goals, […]
Loan against insurance policy: Rate of interest varies by insurer and is revised periodically. Photo: iStock Is it possible to take a loan against an insurance policy? What are the conditions of repayment? How will it affect the premium payment? —Manoj Jha Several endowment policies offer loan facility, but unit-linked […]
Physicians can receive Medicare payments for using telecommunications such as audio or video with patients, according to new guidelines from the Centers for Medicare & Medicaid Services. Providers are being advised to review toileting procedures in the wake of California’s stern treatment of a facility receiving the maximum fine for […]
INSURANCE professionals and financial advisors have a critical role to play in both the medium-term and long-term economic recovery in Barbados.This is the view of Minister in the Ministry of Finance Ryan Straughn, who was the guest speaker of the Barbados Association of Insurance and Financial Advisors (BARAIFA) 45th annual […]
As Rhode Island’s health insurance commissioner, Marie Ganim knows a lot about health plans. So when she started to get calls from telemarketers hawking a new type of short-term health insurance, she decided to play along. When one caller asked her for her name, she gave the first name that […]