Money Matters: Here’s what we discussed today

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On Money Matters, we bring top personal finance stories that will directly impact your wallet. Be it stories related to employment, escalating debt, dealing with unexpected expenses, insurance, market updates, etc., we try to cover it all for you.

Stories today:

Tips to reduce the cost of your motor insurance policy

Several factors determine the cost of a motor insurance policy ranging from the make and model of the car, its engine capacity to the type of cover you opted for. While some may find these rates competitive, others may feel the pinch in their pockets. One of the most common practices for lowering premium rates is by lowering the Insured Declared Value or IDV. But experts say this is not the right way as it would impact your claim amount, especially at the time of total loss.

PM Modi addresses medical community on National Doctors’ Day- Key highlights

Prime Minister Narendra Modi addressed the medical fraternity on the occasion of National Doctors’ Day on Thursday.

The Doctors’ Day is observed in the honour of noted doctor and former West Bengal chief minister Bidhan Chandra Roy, whose birth and death anniversaries fall on July 1.