ITV

Category: MAM

  • Moneycontrol summit fuels MF industry’s next leap

    Moneycontrol summit fuels MF industry’s next leap

    MUMBAI: When India’s top fund minds gather under one roof, the conversation is bound to compound. Moneycontrol, India’s leading financial news platform, hosted the Bengaluru edition of the Moneycontrol Mutual Fund Summit 2025, presented by HDFC Mutual Fund and powered by Axis Mutual Fund, bringing together the country’s sharpest asset management leaders to decode the next phase of India’s mutual fund revolution.

    With the theme “Decoding purpose, product, and tech,” the Bengaluru leg built on the momentum of the Mumbai debut, spotlighting the industry’s journey toward a 1 trillion dollars AUM by 2030. The discussions explored how innovation, trust, and digital transformation are reshaping mutual funds from passive savings tools into dynamic wealth-creation engines.

    The summit featured an illustrious line-up including D.P. Singh (SBI Mutual Fund), Navneet Munot (HDFC AMC), Vaibhav Shah (Mirae Asset), Sandeep Tandon (Quant MF), and Neil Parikh (PPFAS MF), among others. Together, they offered insights into everything from investor behaviour and regulatory frameworks to the rise of AI-driven financial advisory.

    Highlighting the potential of the newly launched SIF category, D.P. Singh noted, “SIF bridges the gap between mutual funds and AIFs/PMS, offering evolved investors flexibility with oversight. Within a year, SIFs could grow into a Rs 1 lakh crore category.”

    HDFC AMC’s Navneet Munot struck an optimistic note, “India is transforming from a nation of savers to a nation of investors. People are ambitious, aspirational, and want to create wealth. India is a compounding story.”

    Echoing this forward-looking sentiment, Mirae Asset’s Vaibhav Shah underscored the importance of a liberalised framework for cross-border investments, while Motilal Oswal’s Akhil Chaturvedi observed that Indian investors are now more resilient and long-term focused.

    As India marches toward Viksit Bharat 2047, the Bengaluru edition of the Moneycontrol Mutual Fund Summit 2025 reinforced the sector’s crucial role in driving financial democratisation and wealth creation. With technology, purpose, and innovation steering the next phase, the mutual fund industry seems poised not just to grow, but to evolve.

     

  • Rise of zebra striping as drinkers mix spirits with sobriety

    Rise of zebra striping as drinkers mix spirits with sobriety

    MUMBAI: Raise a glass and then a soda. The world’s latest drinking trend, dubbed “zebra striping”, is rewriting social rituals one sip at a time. According to new research by Euromonitor International, consumers are alternating between alcoholic and non-alcoholic beverages in a single evening, a mindful move that’s helping people balance indulgence with intention.

    The global alcoholic drinks industry poured out 253 billion litres in 2024, but growth is showing signs of a hangover. Enter zebra striping, a trend spreading faster than happy-hour offers, especially among Gen Z and younger millennials who are redefining what it means to “go out for a drink.”

    Euromonitor’s World Market for Alcoholic Drinks 2025 report finds that moderation is now mainstream. Only 17 per cent of consumers say they drink weekly in 2025, a sharp drop from 23 per cent in 2020 while 53 per cent are actively cutting back. The share of people who never drink at all has risen by 3 percentage points in just five years.

    Behind the shift lies a mix of health goals and pragmatism: 87 per cent of respondents cited a desire to feel healthier and avoid long-term health risks; 30 per cent said saving money mattered, while 25 per cent credited better sleep as motivation. The “sober curious” movement is making abstinence aspirational and redefining nightlife as we know it.

    Among those swapping cocktails for kombucha, Gen Z stands out with 36 per cent of legal-age respondents never having consumed alcohol at all. Hedonism, it seems, is being traded for hydration.

    Yet, while traditional booze is flatlining, India is raising the bar. The country is projected to add 357 million litres to its alcoholic drinks consumption between 2024 and 2029, making it a standout growth market. With rising incomes and evolving social norms, India along with Brazil, Mexico, and South Africa is expected to outpour mature markets where spending power remains under strain.

    Globally, the adult non-alcoholic category is bubbling with momentum. In 2024, total alcoholic beverage volume grew a modest 0.6 per cent, reaching a 1.7 trillion dollars market, while the no/low segment soared: non-alcoholic spirits rose 17 per cent, RTDs 14 per cent, non/low beer 11 per cent, and non-alcoholic wine 7 per cent. Between 2025 and 2029, the adult non-alcoholic drinks market is expected to swell by 24 per cent, surpassing 10.2 billion litres by 2029.

    As Euromonitor, global insight manager for alcoholic drinks Spiros Malandrakis put it: “Non-alcoholic alternatives are no longer niche, they’re becoming central to how people celebrate and connect.”

    So, the next time someone says they’re going for a drink, don’t be surprised if it’s an alcohol-free G&T. After all, in today’s world, balance is the new buzz.

  • India’s AI ambitions hit the high note with Microsoft scholarship surge

    India’s AI ambitions hit the high note with Microsoft scholarship surge

    MUMBAI: India isn’t just coding the future, it’s rewriting it, line by line, in AI. The country has emerged as one of the top applicant nations for the 1 million dollars Microsoft AI Innovator Global Scholarships, a landmark initiative by Women in Cloud, launched alongside Opulis: Women Powering Microsoft’s Trillion-Dollar Shift.

    The collector’s edition coffee table book endorsed by Microsoft and the Microsoft Alumni Network celebrates 50 women tech leaders who have helped steer the company through its transformation into the AI era. But this is more than just glossy pages and golden stories; Opulis doubles up as a career catalyst through its Book-to-Scholarship Model, where every purchase unlocks real AI learning opportunities for aspiring professionals.

    Since its launch, the scholarship programme has drawn over 700 applications from 20-plus countries, including Brazil, the US, Nigeria, India, Australia, South Africa, Canada, Kenya, and Egypt. India’s strong showing underscores its growing momentum in AI skilling particularly among young professionals and women technologists eyeing the global digital workforce.

    “We’re ensuring that access to AI careers and education isn’t limited to a few, it belongs to everyone, especially women ready to lead India’s digital future,” said Opulis president of women in cloud and executive producer Chaitra Vedullapalli. “Electricity unlocked the industrial revolution, and AI is unlocking quantum progress.”

    Through 1,000 Opulis book pre-orders worldwide, Women in Cloud has already unlocked 100 Microsoft AI Certification Scholarships offering learners world-class credentials that can power careers worth Rs 55–60 lakh per annum. The move is projected to create over Rs 60 crore in new economic value annually, translating to about 7 million dollars in wages and an estimated 21 million dollars total economic impact.

    The ultimate goal? To ignite 1,000 AI careers by 2030, powered by book sponsorships, corporate grants, and community support proof that storytelling and access can together spark large-scale economic mobility.

    Marking Microsoft’s 50th anniversary, Opulis also spotlights five Indian-origin women leaders shaping the company’s AI journey: Chaitra Vedullapalli, Monika Mital Gupta, Aparana Gupta, Sharmila Rathinam, and Nitasha Chopra. Among them, Aparana Gupta, based in India, leads as Director of Engineering and Principal Software Engineering Manager at Microsoft embodying the homegrown excellence the programme seeks to inspire.

    Available in hardcover and digital editions across Amazon, Barnes & Noble, and over 4,000 global retailers, Opulis carries a unique promise: every 10 books sold funds one AI Innovator Scholarship, creating a virtuous loop of knowledge, opportunity, and empowerment.

    In the end, Opulis isn’t just chronicling women who powered Microsoft’s trillion-dollar shift, it’s scripting a new chapter where Indian women and technologists worldwide can claim their seat at the AI table. And this time, they’re not just participating in the revolution, they’re training it.

  • College Vidya launches online education day

    College Vidya launches online education day

    MUMBAI: Talk about a smart move, India just got its own Online Education Day! In a first-of-its-kind initiative, College Vidya has declared October 25 as Online Education Day, turning its foundation day into a nationwide celebration of digital learning, inclusion, and innovation.

    The idea? To honour the millions of learners, educators, and universities driving India’s online learning revolution, and to spotlight how technology has made higher education more accessible than ever. The Noida-based platform hopes the initiative will grow into an annual, sector-wide observance, with future recognition from national education bodies like UGC and AICTE.

    For its debut edition, College Vidya invited online universities across India to join in with student stories, video messages, and scholarship collaborations, all echoing a shared vision of credible, learner-centric digital education.

    “Online education has become the great equaliser, opening doors for millions who once stood outside the classroom,” said College Vidya founder and COO Rohit Gupta. “If electricity and the internet can reach every pincode, so should quality education. This day celebrates that belief.”

    Beyond the celebrations, the platform continues to walk the talk, having disbursed Rs 4.7 crore in financial aid so far and recently announcing 50 per cent subsidies for transgender learners, making higher education truly inclusive.

    With its lively ‘Learner Stories’ campaign and a symbolic cake-cutting spree across the country, College Vidya’s Online Education Day wasn’t just a nod to the digital age, it was a heartfelt reminder that learning has no limits when powered by connection, compassion, and a good Wi-Fi signal.

     

  • A Detailed VIP Shaadi’s Service Review: Inside the World of Invite-Only Matchmaking

    A Detailed VIP Shaadi’s Service Review: Inside the World of Invite-Only Matchmaking

    Getting married is one of the most significant decisions in your life. But the thrill of getting to know someone new is also accompanied by stress, particularly if you’re not sure you two are a good fit. This is where elite matchmaking services like VIP Shaadi set the trend. This platform transforms the search for a soulmate into an intentionally created experience.

    What is VIP Shaadi?

    VIPShaadi is a premium matrimonial service from the trusted house of Shaadi.com. It is for people who are ready to seriously commit and want more than just an algorithm. Here, seasoned consultants will personally assist you in finding your perfect life partner. Each step is personalised to help you connect with your soulmate.

    The service stands apart with its verified member database and the dedicated attention of consultants. What really elevates the experience is how personal and discreet it feels. Instead of endless scrolling and awkward first conversations, members get well-matched introductions that actually make sense.

    If you look up VIPShaadi.com reviews, you will find consistent appreciation for its professionalism and results. Parents often praise the platform for helping their children find well-matched partners, while members value how smooth and private the process feels.

    Real Stories that Warm the Heart

    What truly makes VIPShaadi reviews shine are the authentic success stories of couples who found love through the platform.

    Ananya and Arjun – From Unlikely Strangers to Soulmates

    Ananya, a creative professional from Mumbai, never thought she’d meet someone who shared her outlook on life. Arjun, a finance executive based in Delhi, seemed like the opposite on paper. Yet their consultant noticed subtle similarities in their values and life goals. After a few conversations, they discovered how naturally their personalities complemented each other. Their relationship grew quickly and soon led to marriage, proving that compatibility often goes beyond surface-level interests.

    Ishita and Karan – A Cross-Cultural Match that Worked

    Ishita, born and raised in Kolkata, had always dreamt of finding someone who respected both tradition and independence. Karan, a second-generation entrepreneur from Pune, was looking for the same balance. When they met through VIP Shaadi, they clicked instantly. Their families admired how seamlessly they understood each other. Today, they continue to credit the service for introducing them to a partner who fits both their hearts and their values.

    Why VIP Shaadi Delivers Real Results

    A quick scroll through VIPShaadi reviews reveals a common theme. Members find matches who truly align with their lifestyles, values, and goals. But what makes it so effective?

    Selective Membership

    The service maintains a carefully curated database of educated and accomplished individuals from respected families. This ensures genuine compatibility and shared values.

    Smart Matchmaking

    It blends technology with human understanding. Consultants use data-driven tools to identify compatible matches, then apply emotional intelligence to ensure the chemistry feels right.

    Strong Privacy Controls

    Every profile is protected with strict privacy measures. Members choose who can view their details, keeping the experience completely confidential and secure.

    Personal Touch

    Dedicated consultants guide members throughout their journey. From building impressive profiles to arranging meetings, the service offers thoughtful support at every stage.

    The Bottom Line

    As highlighted across multiple VIP Shaadi.com reviews, the platform has successfully redefined luxury matchmaking in India. For those who want more than random introductions and truly value authenticity, VIP Shaadi is a trusted choice. It brings the right people together, proving that even in the modern world, love can still be personal, elegant, and beautifully real.  
     

  • Curtain call: DTF returns with starry season 6

    Curtain call: DTF returns with starry season 6

    Delhi Theatre Festival, Alchemist Live, Prabhu Tony, Naseeruddin Shah, Anupam Kher, Lillete Dubey, Denzil Smith, Rajat Kapoor, Vinay Pathak, Makarand Deshpande, Kumud Mishra, Pankaj Kapur, American Express, M3M India, Siri Fort Auditorium, NCUI Auditorium, OP Jindal Auditorium, Aurum Conventions, Gurugram, Delhi NCR

    MUMBAI: Delhi’s drama scene is ready to steal the spotlight once again! The Delhi Theatre Festival (DTF) is back for its sixth season, promising a show-stopping celebration of storytelling, stagecraft, and star power. Set to unfold from 14th to 16th November, the festival will light up four iconic venues across Delhi NCR, Siri Fort Auditorium, NCUI Auditorium, OP Jindal Auditorium, and Aurum Conventions in Gurugram.

    With American Express returning as the title sponsor for the sixth consecutive year and M3M India powering the event, DTF Season 6 is shaping up to be a blockbuster on and off stage. American Express platinum card members even enjoyed an exclusive presale window and special savings on tickets, a fitting reward for loyal theatre buffs.

    This year’s lineup reads like a who’s who of Indian theatre royalty. Naseeruddin Shah returns with Einstein, Anupam Kher brings Kuch Bhi Ho Sakta Hai, and Lillete Dubey and Denzil Smith take the stage with Autobiography. Audiences can also look forward to Rajat Kapoor’s directorial Karamjale Brothers starring Vinay Pathak, Makarand Deshpande’s beloved Sir Sir Sarla, Kumud Mishra’s Dhumrapaan, and Pankaj Kapur’s Dreamz.

    “Over the past five seasons, DTF has grown from a city event into a cultural landmark,” said Alchemist Live CEO and co-founder Prabhu Tony. “With Season 6, we’re scaling up with premieres, legends, and new voices, all sharing one stage.”

    Echoing the sentiment, Naseeruddin Shah shared, “Every season brings a new energy and audience, that’s what keeps theatre alive.”

    With 12 plus shows and an expected 15,000-strong audience, DTF Season 6 is set to be the grandest edition yet. For Delhi’s theatre lovers, this November isn’t just about drama, it’s about centre stage, standing ovations, and a festival that promises to make every act count.

     

  • Credit where it’s due as festive shoppers swipe big this Diwali

    Credit where it’s due as festive shoppers swipe big this Diwali

    MUMBAI: Looks like this Diwali, Indians didn’t just light up their homes, they swiped their way to sparkle too. A new survey by Paisabazaar reveals that over 42 per cent of credit card users spent upwards of Rs 50,000 on festive shopping this year, signalling that big-ticket buying is firmly back in fashion.

    The festive cheer wasn’t limited to diyas and discounts, it spread right across credit limits. About 22 per cent of respondents spent between Rs 50,000 and Rs 1 lakh, while one in five splurged over Rs 1 lakh on their cards during Diwali. The survey, which covered over 2,300 users, paints a clear picture of India’s growing comfort with credit as a strategic spending tool.

    When it came to what they bought, home appliances topped the wishlist at 25 per cent, followed by mobiles, gadgets and accessories at 23 per cent, and apparel at 22 per cent. Furniture and décor made up 18 per cent of spends, while gold and jewellery accounted for 12 per cent proof that both sparkle and substance drove shopping choices this season.

    But it wasn’t all impulse. The study revealed that 91 per cent of shoppers planned their purchases around card-specific offers and festive deals. Less than 10 per cent relied solely on their card’s standard cashback or reward structure. Clearly, today’s consumers are not just shopping, they’re strategising.

    “Consumers are using credit cards more intelligently, timing their high-value purchases with festive offers and card-linked deals,” said Paisabazaar CEO Santosh Agarwal. “This growing financial awareness shows how value and convenience are driving credit card use.”

    The benefits are paying off too. Nearly 71 per cent of respondents owned shopping-specific credit cards that offered cashback or festive rewards, while 15 per cent received seasonal deals even without such cards. For many, cashback remained the biggest draw chosen by 20 per cent of users followed closely by co-branded offers (19 per cent) and accelerated reward points (18 per cent).

    Among those opting for EMIs, No-Cost EMI emerged as the clear winner, attracting 56 per cent of users, while 29 per cent chose EMIs to unlock extra discounts and 10 per cent used them simply to spread payments more comfortably.

    Interestingly, shoppers were equally at home online and offline 48 per cent said they preferred a mix of both. The hunt for better deals drove most of them to e-commerce giants, with 83 per cent claiming they found the best discounts on platforms like Amazon and Flipkart. Together, the two dominated with a 43 per cent preference rate, followed by Myntra (15 per cent), Meesho (10 per cent), and other platforms such as Ajio, Nykaa, Zepto and Tata Cliq accounting for 32 per cent collectively.

    Paisabazaar, head of credit cards Rohit Chhibbar summed it up aptly: “This festive season marked the rise of the value-savvy shopper, one who plans, compares, and capitalises on every offer. Cashback, rewards, and no-cost EMIs have made credit cards indispensable for festive spending.”

    In short, this Diwali, shoppers didn’t just chase lights, they chased the right swipes.

     

  • Tejas powers up Powertel’s network speed

    Tejas powers up Powertel’s network speed

    MUMBAI: Powertel, the telecom arm of Power Grid Corporation of India, has tapped Tejas Networks to supercharge its pan-India DWDM network with a lightning-fast 400Gb per second upgrade. The project marks another major milestone for the Bengaluru-based tech player, which will design, supply, install, and integrate a next-generation SDN-based DWDM system across new and existing sites.

    Tejas will roll out its flagship multi-terabit TJ1600 DWDM/OTN platform, capable of delivering up to a staggering 1.2Tb per second per wavelength while supporting the cutting-edge alien wavelength technology, a feature that allows seamless data transmission over third-party systems.

    Tejas Networks chief operating officer and executive director Arnob Roy said, “We are delighted to extend our partnership with Powertel to expand their backbone capacity and meet the surging demand for high-speed connectivity from data centres, telcos, government and enterprises. Our alien wavelength solution provides a cost-efficient way to scale bandwidth while ensuring diversity and speed to market.”

    A part of the Tata Group, Tejas Networks designs and manufactures high-performance networking products for telecom, defence, utilities, and government clients in over 75 countries. With this upgrade, Powertel’s network is set to handle India’s growing data surge with more power, precision and, quite literally, a better connection.

     

  • Top 5 Natural Stone Tiles for Stylish Staircases

    Top 5 Natural Stone Tiles for Stylish Staircases

    A staircase can be more than just a connection between floors. It can become the highlight of your home when designed with the right tiles. Among the many materials available, natural stone tiles stand out for their elegance, durability, and timeless beauty. They bring an organic texture and character that instantly elevates any space. 

    hether your staircase is inside your home or outdoors, stone tiles can add both charm and strength to every step. 
    If you’re planning a staircase renovation, this guide will help you explore the top 5 natural stone tiles that combine style, safety, and long-lasting performance.

    1. Lazio Ash – Subtle and Modern

    For those who prefer understated elegance, Lazio Ash is an excellent choice. Its soft cream tones and gentle texture create a calm, modern look that pairs beautifully with both light and dark interiors. The muted finish makes it perfect for stairs tiles in minimalist or contemporary homes.

    Apart from its refined aesthetic, this tile offers a smooth yet scratch-resistant surface, ideal for high-traffic areas. When combined with neutral wall colours, Lazio Ash can make your staircase look spacious and sophisticated. It’s also easy to maintain, which makes it a smart pick for daily use.

    2. Pulpis Tan – Warm and Earthy

    If you want to bring warmth and depth to your interiors, Pulpis Tan offers that perfect balance. Its earthy brown tones and subtle veining patterns bring a natural warmth that complements wooden furniture and neutral decor. It’s ideal for homeowners who want their staircase to feel grounded yet stylish.

    The matte texture ensures a firm grip and retains the charm even with frequent use. Whether for indoor or outdoor stairs, Pulpis Tan captures the essence of natural stone and gives your staircase a timeless personality.

    3. Copper Roots – Bold and Textured

    When it comes to adding a touch of drama and character, Copper Roots is a showstopper. With its copper-brown surface and natural texture, this stone tile creates a bold focal point that works well in both rustic and industrial-style homes. It captures the raw beauty of nature while maintaining a refined appeal.

    These natural stone tiles are especially well-suited for staircases that receive ample sunlight, as the surface reflects light beautifully, highlighting its detailed patterns. The texture makes it functional as well as fashionable, ensuring your staircase remains safe without compromising on looks.

    4. Calcario Grey – Refined and Minimalist

    If your taste leans towards modern minimalism, Calcario Grey can add that refined touch to your staircase. The light-grey base and subtle stone patterns make it ideal for open spaces and contemporary interiors. The clean lines and natural finish of these stairs tiles provide a sophisticated yet soothing visual balance.

    Calcario Grey works particularly well with metallic railing finishes or glass balustrades, giving your stairs a modern architectural look. It’s a great option for both residential and commercial spaces where style and durability must go hand in hand.

    5. Timber Hazel – Natural and Versatile

    Blending the warmth of wood with the strength of stone, Timber Hazel offers the best of both worlds. Its wood-grain texture gives staircases a soft, welcoming look, while its natural stone properties provide resilience and long life. These tiles are perfect for homeowners who want a natural, warm appearance without compromising durability.

    Timber Hazel pairs beautifully with neutral wall tones or contrasting black railings. The texture provides good traction underfoot, making it a safe choice for families with kids or elderly members. It’s an ideal way to bring the earthy charm of nature into a modern home.

    How to Choose the Right Natural Stone Tiles for Stairs

    Selecting the perfect natural stone tiles for your staircase depends on three main factors: style, safety, and maintenance. Here’s how to make the right choice:

    ●    Style Match: Choose tones that complement your walls and flooring. Warm shades like tan or brown create a cosy atmosphere, while grey tones add sophistication.

    ●    Texture and Grip: Always pick tiles with a matte or textured finish to reduce slipping risks. Avoid glossy surfaces for steps; instead, use them for risers or under-stair walls.

    ●    Ease of Maintenance: Natural stone requires simple upkeep. Regular sweeping and occasional mopping with mild detergent can preserve its beauty for years.

    ●    Durability: Look for tiles with high density and resistance to wear. Full-body or vitrified finishes ensure long-lasting performance, even with heavy use.

    ●    Lighting Compatibility: Stone tiles react beautifully to both natural and artificial lighting. Softer lighting can enhance their natural patterns, making the staircase visually appealing throughout the day.

     Design Tips to Elevate Your Staircase 

    Once you’ve chosen your preferred tiles, a few small design touches can transform your staircase into a true statement piece:  
    ●    Use contrasting risers to break monotony and add depth.

    ●    Pair darker stone steps with lighter walls for a dramatic effect.

    ●    Add warm lighting under stair treads to highlight the stone texture.

    ●    Extend the same tile pattern to the landing area for visual continuity.

    ●    Incorporate metal or glass railings for a modern contrast against natural textures.  
    These combinations allow your staircase to stand out as an integral part of your home’s design rather than just a passageway. 

    Conclusion 

    A staircase designed with natural stone tiles is more than a functional structure; it’s an artistic statement that combines durability, elegance, and craftsmanship. Whether you prefer the calm of Lazio Ash, the warmth of Pulpis Tan, or the bold textures of Copper Roots, every tile tells a story of style and substance.  
     

  • Best Term Insurance Plan for ₹2 Crore & How to Use a Calculator

    Best Term Insurance Plan for ₹2 Crore & How to Use a Calculator

    MUMBAI: Future planning is necessary. One easy method of securing the financial future of your family is by taking a term insurance plan. Term insurance is a type of life cover that provides a sum assured to your family if anything untoward happens to you. But how much cover do you actually require? And how do you determine the correct plan? A term plan calculator is what you need help with it. It is a quick online calculator that assists you in verifying the appropriate insurance coverage for your family without an estimate.

    A term plan calculator would typically request some simple information, such as your age, income, and loans you have. If you enter these, it comes up with an estimate of the insurance cover you might require. This makes it simpler to select a plan that safeguards your family appropriately without spending extra money. It is like having a mentor to make wise choices for your family’s future.

    What is Term Insurance?

    Term insurance is a pure life insurance policy. Contrary to other policies that offer both investment and insurance, a term policy covers you only for life. In case you die during the policy duration, your family receives the sum assured. This amount can be used to cover daily expenses, education for children, or paying off loans.

    Term plans are typically not expensive relative to other life insurance policies. Because it doesn’t have investment or savings elements, a large portion of your premium is used in offering life cover. This is the reason why numerous individuals look towards the best term insurance plan for 2 crore when they need large coverage without having to pay much.

    Why Choose a ₹2 Crore Term Plan?

    A ₹2 crore term plan provides your family with a solid financial cushion. Life is unpredictable, and expenditure can unexpectedly go up. A significant cover like ₹2 crore can help ensure that your family can live life as usual and cover significant expenses like higher education for children, housing loans, or prolonged medical expenses, even when you are not there.

    Selecting the most appropriate term insurance policy for 2 crore depends on more than just the coverage amount. You should also look at the reputation of the insurance company, claim settlement ratio, policy term choices, and premium costs. A good policy should be easy to comprehend, inexpensive, and trustworthy.

    How to Use a Term Plan Calculator 

    It is very easy to use a term plan calculator. Insurance firms and comparison sites mostly offer it for free. Here is how you can do it in a few steps:

    . Enter Your Age and Gender: Your gender and age have an influence on your premium. Young individuals generally pay less as there is less risk.

    .  Add Your Income: Your income decides your family’s future financial requirements. Add your monthly income and any other sources.

    . Include Liabilities: If you have outstanding loans such as home loans, car loans, or personal loans, include them. The cover should be sufficient to settle these loans.

    .  Consider Your Family Needs: Consider your children’s education, the living expenses of your spouse, and other long-term objectives.

    .  Check the Recommended Cover: The calculator will recommend an amount assured depending on your details. This will lead you to select a plan that suits your family requirements.

    Using a calculator, you eliminate guesswork and can concentrate on choosing the plan that offers coverage and affordability.

    What to Look for in the Best Term Insurance Plan 

    While selecting a term plan, ensure that you verify certain features that make a policy trustworthy and worthwhile:

    . High Claim Settlement Ratio: It indicates how frequently the insurance company settles claims. A high ratio indicates better possibilities of seamless claim settlement.

    . Flexible Policy Term: Select a term that suits your family’s requirements. Longer terms give you longer protection.

    . Premium Payment Options: A few plans allow you to pay annually, half-yearly, quarterly, or monthly. Flexibility in payment simplifies it.

    . Optional Riders: Riders are additional benefits that you can include, like critical illness cover, accidental death cover, or waiver of premium. They add to your policy without purchasing additional insurance.

    . Transparency: The policy must be clear and concise, not having complicated terms or hidden clauses.

    Factors Influencing Your Term Plan Premium 

    Term insurance premiums are based on various factors. Knowing these can help you plan:

    .  Age: People younger than you typically pay less.

    .  Health: Your lifestyle and past health conditions count. Smokers and those who take poor care of their health may pay more.

    .  Occupation: Hazardous occupations might raise premiums.

    .  Policy Term and Sum Assured: The longer the term and the higher the coverage, the more expensive it is.

    .  Riders: Optional riders add to the premium.

    Using these points in mind while applying for a term plan calculator means that the calculated premium will be very much like the actual premium.

    Common Myths About Term Insurance 

    There are a couple of myths that make individuals reluctant to purchase term plans. Let’s dispel them:

    . “I am young and healthy; I don’t need insurance.” Life is full of surprises. Purchasing young and healthy can secure lower premiums.

    .  “Term plans are costly.” In fact, term plans are one of the cheapest types of insurance.

    .  “It’s just like any other insurance plan.” Unlike investment-linked plans, term insurance is all about protection. This keeps things easy and efficient.

    .  “I don’t need a big cover.” A big sum assured protects your family from significant financial risks, such as loans and future education expenses.

    How to Select the Best Term Plan 

    It is simpler to select the right term plan if you go through some steps:

    . Utilize a Term Plan Calculator: This provides a good calculation of the cover that you require.

    . Compare Plans: Compare various plans for premium, coverage, and benefits.

    . Verify the Company Reputation: Check the claim settlement ratio and reviews.

    . Read the Policy Document: Read the terms, conditions, and exclusions carefully.

    .  Add Riders if Required: Add additional benefits if they are suitable for your family’s needs.

    By following these steps, you will receive a policy that not only suits your pocket but also offers genuine protection.

    Advantages of a ₹2 Crore Term Plan 

    A ₹2 crore term plan can bring numerous advantages:

    .  Financial Security: Guarantees your family can afford current and future expenses.

    .  Debt Repayment: Repays home loans, car loans, or personal loans.

    .  Education Expenses: Covers children’s higher studies.

    .  Low Premiums: Pure term plans are usually very low cost even for high cover levels.

    .  Tax Savings: Premiums paid are tax deductible under Section 80C, and the death benefit is free of tax under Section 10(10D).

    Final Tips for Selecting Term Insurance

    .  Plan early; lower age translates to lower premiums.

    .  Select a cover that insures all family expenses, not debts alone.

    .  Utilize a term plan calculator to arrive at a definite estimate.

    .  Regularly go through your policy and change it if your finances undergo a change.

    .  Always carefully read the small letters before signing.

    Conclusion

    A term insurance policy is an easy yet effective tool to safeguard your family’s financial well-being. It is simpler to get the correct cover when using a term plan calculator and avoiding guesswork. The best term insurance plan of 2 crore can provide your family with the security and comfort they deserve even after you are gone. Don’t forget, it is not only about the money; it is also about peace of mind for you and your family. Act now, determine your needs, and select the plan that suits your life and finances. Your family’s future is worth every step you take today.