financial buffer

ICICI Prudential Life floats income guarantee product, inflation-adjusted returns for volatile times; how will it work

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ICICI Prudential Life floats income guarantee product, inflation-adjusted returns for volatile times; how will it work

ICICI Prudential Life Insurance has launched a new product, ICICI Pru GIFT Select, designed to provide guaranteed immediate income, addressing the uncertainties of current market conditions. This new savings plan includes benefits such as guaranteed returns, preservation of wealth, and an inflation-adjusted increasing income option. For those seeking financial security, the plan offers immediate income … Read more

Should you skip your emergency fund and start investing right away? Expert shares his views

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Should you skip your emergency fund and start investing right away? Expert shares his views

A valuable guideline advised by financial experts is to maintain an emergency fund – a fund that consists of a sufficient sum of money saved to sustain living expenses for a period of three to six months. An emergency fund serves as a financial buffer specifically designated for unforeseen circumstances like medical emergencies, household repairs, … Read more