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For automobile enthusiasts, owning a sports car is the long-term dream and biggest milestone in life. The performance and style factor of the posh sports cars never fails to inspire the crowd. But only a few have the luxury to buy sports cars. Owning a sports car comes with a lot of privileges and hurdles. Maintaining a sports car is a challenging task and having car insurance in place helps you lower your damage repair cost and other expenses. This article comprises all the essential information and checklist one needs to be sure of before buying a sports car insurance policy.  Checklist before buying sports car insurance  Compulsory car insurance  The motor vehicles act of 1988 has made it compulsory for a car owner to have third-party car insurance to drive on Indian roads. The same applies to a sports car as well. The third-party car insurance plan will only provide compensation for third-party damage incurred by the insured vehicle. Having a comprehensive car insura...

As the rate of medical expenditure keeps on inflating, managing the treatment costs and hospitalisation expenses becomes very difficult. Be it for individuals or for families; the task becomes tedious. Senior citizen health insurances are quite popular in today’s dynamic world scenario. It comprises many exclusive features and benefits that are very helpful for senior citizens to tackle the rising medical expenditure. Here is an easy guide on ways to save tax with medical bills for senior citizens using health insurance.  Effective Tax Savings option  With the help of a senior citizen health insurance plan, one can effectively save the money spent on the tax procedures. Tax exception has become a compulsory mandate for people who fall under the senior citizen category. According to the law, section 80D ensures such protection is rendered to people with the help of senior citizen health insurance. There are not criteria for eligibility other than the individual being above 60 y...