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  New Delhi: At least once in their lifetime, every parent must have thought about what will happen to their kids if something unfortunate happens to them. The thought indeed is a scary one. But that’s how miserable life can be. That’s why many parents invest in insurance schemes to secure the future of their child/children.  And what could be a better day to have a peek at insurance products ensuring that your children continue to receive financial cushion at a time when they need it the most. Some of the insurance products even provide impressive returns at the time of maturity that can be used to fund your kid’s education or marriage.  Here are a few insurance schemes for your child’s safe future: LIC New Children’s Money Back Plan Life Insurance Corporation of India’s (LIC) New Children’s Money Back plan is a money-back insurance scheme that is non-linked to equity markets. Returns from the insurance can be used to fund a child’s education or marriage or any other needs. The nomine

If you live in Canada, you know just how dangerous driving can be. With the snow, the dangerous road conditions, and even the challenging routes, a lot of serious accidents can happen. Even though local authorities place a lot of importance on proper training and ensuring that people are driving safely, accidents still happen. Also, things like vehicle theft, vehicle damage due to natural conditions, and vehicle vandalism are realities that all vehicle owners are at risk of. Having car insurance gives you some peace of mind against these challenges. Here are a few reasons why you should get car insurance if you haven't already. 1.  Legal Requirement If you haven’t gotten insurance for your vehicle, you could run into some legal problems. Also if you have insurance but it is no longer valid and you haven’t renewed it, this is also going to be a problem. In many countries across the world and including Canada, having vehicle insurance is mandatory and required by law. Failing to comp

  People are driving again. An analysis published by Apple shows that mobility is significantly up in the US since last year, when the COVID-19 lockdown was much firmer. With the school year in full swing and many employees returning to the office, a lot of people are traveling and driving more. Though some insurance carriers reduced premiums and offered discounts during the height of the pandemic, according to the Insurance Information Institute, as the world slowly returns to normal, some experts are forecasting an auto insurance cost spike. If you're driving more, your auto insurance premium might be increasing. But there are plenty of ways to keep your money in your pocket. Here's an overview of ways to mitigate increasing insurance costs. 1. Increase your deductible  Increasing your deductible can lower your premium, meaning when you make a claim you'll increase the amount you have to pay out of pocket before your insurance plan starts to pay out. This move could cost