Wealth Management: Plan the Perfect Wedding!

If you are the lucky love struck chap who has popped the big question and have received a “Yes”, then wedding bells are ringing, indicating a happy beginning to your fairy-tale. Well, not necessarily. Beginning with purchase of the perfect ring to paying for a big fat wedding, there are many expenses that you’ll have to shoulder.

Here are 5 reasons why a credit card is your best friend this marriage season:

• Online shopping using credit card ensures consumer protection in case the seller turns out to be fraudulent.
• If some costs are charged to your credit card, the travel miles offered can be used for taking your bride to an exotic honeymoon destination.
• With credit cards that offer you privileges on dining and entertainment, you can plan extravagant dates with your significant other.
• A cash back credit card will give additional benefits to the cardholder. With these cash back reward points you can get your fiancé that red dress she has been coveting, or pamper her further with a Spa retreat!
• Easy tracking of wedding expenses is another plus of using a credit card. Statements of the month’s expenditure will definitely help you manage your finances efficiently by restraining from impulsive buying.

Health Insurance Plan : Things to Know

             Health insurance policies are a protective shield during medical emergencies. It offers the much needed financial support to meet medical bills that are getting costlier day by day. Health insurance benefits the whole family and also has added advantage such as tax exceptions or tax rebates. A good health insurance policy provides several types of coverage as per the needs of the individual/family, mainly Hospital expense insurance, surgical expense insurance and Physician's expense insurance. Proper research has to be done about all these factors while choosing the right health insurance policy.

               The first and foremost thing to do is analyze your needs and investments before applying for any kind of health policies and choose the policy which offers you the best facilities with lowest rate of investments. Beware of Health Insurance Policies with No Limits and/or No Capping. It’s not good to say no to top-ups on existing health insurance plan since these top-ups would assist in getting maximum benefit out of your health insurance plan as well as protects your financial stability.