After hoisting the National Flag from the ramparts of Red Fort, Prime Minister Narendra Modi delivered a 65-minute extempore in Hindi where he unveiled a roadmap for his government, announcing a financial inclusion scheme for the poor to open bank account with built-in insurance, development of model villages by MPs and launching of a scheme for elimination of open defecation.
In several states, there were cases of falsification of records and money never reached the poor.
Irda's new guidelines for pension plans guarantee returns, but the rate is too low to beat inflation
Medical expenses for senior citizens are a foregone conclusion. Since claims are bound to happen with people of higher age, insurance companies do not want senior citizens as customers. Is it right?
For the elderly, the need for health insurance is much higher. Getting it, however, is not that simple.
Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company Limited, talks about the many benefits of buying one