



Disclaimer: I'm not a finance expert. These are suggestions. You should make your own decisions based on your needs. #Thread : If you're a young professional who doesn't understand insurance and savings, this is for you.Disclaimer: I'm not a finance expert. These are suggestions. You should make your own decisions based on your needs.

Okay first things: You may already be covered medically and saving money. How do you find this out? Look at your CTC in your appointment letter or your payslip



Do you have something called PF on it? That's a saving!



Did HR issue you an insurance card? That's your Mediclaim.

Things to ask: How much PF is being deposited into my account each month?



What's my sum insured? Is it just me who is covered or my dependents too?



e.g. You have 3 lacs for self plus dependents (parents/spouse/child). This means upto 3 lacs to be used by any of you per year