The FinTech Hub
Source: Live Mint I have been diagnosed with diabetic retinopathy. The doctor recommends intravitreal injections over a few months. It’s a daycare procedure and doesn’t require hospitalisation. However, it is an expensive treatment. Will my health insurance cover the expenses? -Name withheld on request Insurance coverage for intravitreal injections, an essential treatment for diabetic retinopathy,…
Source: Live Mint Jadhav started her investment journey in 2015 when she was only 23. She lost her father while still in college. Her mother was a homemaker. She and her brother had to take care of household expenses. Despite financial constraints, Jadhav managed to spare a few thousand to invest in the initial days….
Source: Live Mint I am a newly qualified chartered accountant. I would like to start my own practice, which would focus on audit and advisory services. Would it make sense for me to buy professional indemnity insurance? How would it help? -Name withheld on request Professional indemnity insurance is meant for professionals like you. The…
Source: Live Mint When raising a personal loan, lenders often urge the borrowers to opt for loan insurance. This is to make sure that any unforeseen circumstance does not prevent the borrower from clearing the loan obligation. Difficulty in loan repayment could arise due to unemployment, disability or even the borrower’s demise. Although it is…
Source: Live Mint It is well known that your credit score directly impacts your ability to get a loan and a lower interest rate on it. But what factors impact your credit score? The credit report has answers to that. It is important to know the difference between the two and why both matter. A…
Source: Live Mint I have developed obesity due to Type 2 diabetes and a sedentary lifestyle. It is now posing significant risks to my health. My doctor has recommended bariatric surgery as a medical necessity to improve my health. I have been covered under a medical insurance policy for seven years. However, I have been…
Source: Live Mint As the year comes to an end, it’s a good time to take a moment and review your finances. The end of the year isn’t just for celebrations—it’s also a chance to organize your money, save on taxes, and get ready for a financially healthy 2025. Whether you’re someone who plans everything…
Source: Live Mint If you plan to file your income tax return (ITR) under the old tax regime, you can start making investments in some tax-free instruments in order to claim deduction under section 80C before the financial year comes to an end. There are a number of tax saving instruments that one can invest…
Source: Live Mint At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. Often, consumers buy an insurance product after being prodded by an agent, who could be a friend or a relative. After numerous calls, which culminate in a face-to-face meeting, you decide to…
Source: Live Mint Just like other insurance coverage, credit cards also offer insurance to the card users. A credit card insurance covers a range of eventualities such as travel delay, trip cancellation, credit card shield and fraud protection. It is vital to note that a credit card user does not need to pay anything extra…
