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Six Important Documents of Estate Planning

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  Six Important Documents of Estate Planning   The Importance of Estate Planning Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. A successful estate plan also includes provisions allowing your family members to access or control your assets should you become unable to do so yourself. Estate planning is not only for the wealthy—everybody can benefit from ensuring their assets and finances are properly taken care of after their death. Without the proper planning and documents, court may decide the distribution of assets which may not be as per your wish and desire. Estate planning also involves giving permission to family members or an executor to carry out your wishes if you become incapacitated while still alive.   Here is a list of items eve
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  WHY IS HEALTH INSURANCE IMPORTANT? Savings The best part about health insurance is it helps to keep your savings intact in case   there is a medical emergency. The insurer will take care of all the expenses such as      hospitalization, drugs/medicines, etc. A health insurance plan is a trusted way to ensure a healthy and financially stable future. Security of Family’s health Protecting the health of self and your family members or parents is necessary. You can protect your family members by investing regularly in the  family floater plan  wherein you can also get health cover for your parents. This type of health insurance ensures that all types of medical treatments are covered. High Medical Costs Due to the high healthcare services cost, you may not be able to afford treatment. But when you have a health insurance cover, you can avail quality treatment at the best network hospitals. Network hospitals are those wherein insurers have a tie-up with hospitals
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                                  What is Health Insurance Health insurance is a type of insurance coverage that typically pays for medical, surgical, prescription drug and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees, with premiums partially covered by the employer but often also deducted from employee pay checks. The cost of health insurance premiums is deductible to the payer, and the benefits received are tax-free, with certain exceptions for S Corporation Employees. ·         Buying a health insurance policy for yourself and your family is important because medical care is expensive, especially in the private sector. Hospitalisation can burn a hole in your pocket and derail your finances. It will become even tough, if the person who brings in the money, is now i
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Child Education Plan – Everything You Should Know!!!

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Child Education Plan – Everything You Should Know!!! Generally, Child Education Plan is loosely coined as a Child Plan, Child Investment Plan or a Child Insurance Plan. If you have a minor child (preferably in the age group of 0 to 10 years) at home, you should read this article completely and carefully. Having a child is a blessing and every parent wants to provide the best to their child. As the child grows up he has many needs, such as education, higher education, marriage etc. A Child Education Plan is a tailor-made investment cum insurance option to meet the financial needs of a child. In a Child Education Plan, there are two components– insurance and investment. The insurance component is designed to protect the child from unfortunate events such as the demise of the parent wherein the child gets a fixed annual payment in case such an event occurs. The investment component is designed to meet the financial needs of the child through accumulation of
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स्वास्थ्य बीमा अब आपके कर्मचारियों के लिए अनिवार्य !!!

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स्वास्थ्य बीमा अब आपके कर्मचारियों के लिए अनिवार्य !!!   कोविद -19 (कोरोना वाइरस) महामारी ने दुनिया को बदल दिया है और सबसे महत्वपूर्ण बदलाव स्वास्थ्य सेवा से जुड़ी चिंता है। गृह मंत्रालय की हालिया अधिसूचना ने सभी व्यवसायों (छोटे, मध्यम और बड़े) को अपने कर्मचारियों को स्वास्थ्य बीमा प्रदान करने के लिए बाध्य किया है। यह दिशानिर्देश तब अस्तित्व में आएगा   जब, लॉकडाउन खत्म होने के तुरंत बाद, वे अपने व्यवसायों को फिर से शुरू करते हैं। इससे पहले, यह अनिवार्य नहीं था, हालांकि, कई बड़ी कंपनियां अपने कर्मचारियों को अपनी प्रतिभा बनाए रखने और अपनी कंपनी के लिए कर लाभ प्राप्त करने के लिए समूह चिकित्सा कवर (Group Medical Cover – GMC) प्रदान कर रही थीं। पिछले हफ्ते, कोविद -19 महामारी के कारण, सभी व्यवसायों के लिए नए दिशानिर्देश अपने कर्मचारियों के लिए स्वास्थ्य सेवा को ध्यान में रखते हुए जारी किए गए। भारत सरकार के गृह मंत्रालय (MHA) द्वारा संशोधित दिशानिर्देशों का एक हिस्सा 15 अप्रैल 2020 को दिया गया है, जिसमें कहा गया है: सभी औद्योगिक और वाणिज्यिक प्रतिष्ठान, कार्यस्थल
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Do You Own Business ?? - Now its mandatory to provide Health Insurance to your Employees !!

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Health Insurance Now Mandatory For All Your Employees!!! Covid-19 Pandemic has changed the world in many parameters and the most important change is the concern related to healthcare. Recent notification from Home Ministry has mandated all the employers (small, medium and large businesses) to provide Health Insurance cover to their employees immediately after the lockdown gets over, when they resume their businesses. Earlier, it was not mandatory, though, many big companies were providing Group Medical Cover (GMC) to their employees to retain their talent and to get tax benefits for their company. Last week, due to Covid-19 Pandemic, new guidelines for all the businesses were issued keeping in mind the healthcare practices for their employees. A part of the Consolidated Revised Guidelines by Ministry of Home Affairs (MHA), Government Of India, delivered on 15 th April 2020, states that: All industrial and commercial establishments, workplaces, offices etc
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