When buying or renewing car insurance in the UAE, one term that often surfaces is the No-Claims Discount or NCD. For many vehicle owners, especially those who have maintained a clean driving record, this can significantly reduce the cost of their premium. But what exactly is an NCD, how does it work, and what should you know before relying on it? Let’s break …
An investment portfolio is essentially a collection of financial assets held by an individual or institution designed to grow wealth, manage risk, and meet specific financial goals. Building a well-structured portfolio is a crucial step toward securing your financial future and achieving your objectives. Whether you are new to investing or looking to refine your strategy, understanding the basics of portfolio construction can …
Income insurance is a financial safety net that protects individuals if they cannot work due to illness, injury, or other unforeseen events. While many people understand the importance of this kind of cover, not everyone realises that the cost of income insurance isn’t the same for everyone. Your occupation and health status determine how much you will pay for a policy. In this …
Starting your financial journey can be exciting and overwhelming at the same time. Every rupee counts for a first-time earner, and your decision shapes your long-term financial security. Among the many financial products available, two options often stand out for beginners: term insurance and ULIP (Unit Linked Insurance Plan). Both offer life cover, but their purposes, features, and benefits differ. So, how do …
In the UAE, driving without insurance is not only risky—it’s against the law. Whether you’re a new car owner or someone looking to renew their policy, understanding the ins and outs of third-party car insurance is crucial. Among the types of car insurance in the UAE, third-party cover remains the most basic and legally required option. Though it may seem straightforward, several factors …