What is SIP?
SIP means a systematic investment plan. It
is the easiest way to invest in mutual funds at any intervals viz.
weekly, monthly or quarterly as per preferences. A SIP model is nothing but a
method where a fixed amount is auto-debited from the investor’s bank account
and a certain amount of mutual fund units are bought based on their price on the
date of investment. This way when the market is low, more units come into
investor’s portfolio which later at the time of liquidation can be sold
handsomely.
Group v/s individual maternity health plans- what you should know Maternity coverage is an essential coverage that one seeks in a health insurance plan. This can cover a wide range of medical expenses related to pregnancy such as pre-natal check-ups, hospitalization expenses during delivery and post-natal care and expenses of newborn baby etc. In most of the group health insurance plans offered by the employer, maternity coverage is automatically included. Maternity cover is also offered as an add-on rider to individual health plans by many insurance providers to give financial backup during the crucial phase of pregnancy. Let’s take a look at both the plans to understand what should be chosen to have a wider range of coverage. What is a group health plan with maternity cover? Group health insurance is a health plan that particularly covers a group of people like employees of an organization or of a society. Basically, it is the health insurance plan offered by th...
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