Care For A COVER?
Outlook Money|March 2021
Go for a specific health insurance plan that ensures to pay for entire treatment and acts as a saviour during a loss of income
Nirmala Konjengbam
Care For A COVER?

For S Vijaya, a single mother from Hyderabad, 2018 was a year of memories – good and bitter. While she was happily watching over her daughter join college and son prepare for 10thgrade board exams, the wrath of fate brought everything crashing down, when she was suddenly detected with breast cancer. The next two and half years were exhausting. Vijaya underwent several sessions of chemotherapy followed by surgery. Apart from the emotional scar, cancer left her financially crippled and indebted, fighting even for the basic needs.

Diseases like cancer and diabetes are silent killers that destroy millions of families every year in India. In fact, after cardiovascular diseases, cancer takes the maximum number of lives in India. A report by the World Health Organisation (WHO) says that one person among every 15 Indians will die of cancer. According to the report, in India, the six most common cancer types are breast cancer (162,500 cases), oral cancer (120,000 cases), cervical cancer (97,000 cases), lung cancer (68,000 cases), stomach cancer (57,000 cases), and colorectal cancer (57,000).

A latest report from the National Cancer Registry Programme (NCRP) shows India’s cancer burden could shoot up from 1.39 million in 2020 to 1.57 million in 2025. According to the report, tobacco-related cancer is likely to account for 27.2 per cent of all cases, followed by gastrointestinal tract cancer at 19.8 per cent.

Between 2016 and 2018, cancer cases were highest in Uttar Pradesh (270053) followed by Bihar (145051), Maharashtra (144032), West Bengal (117220), Madhya Pradesh (98403), Tamil Nadu (86180) and Gujarat (80820).

Denne historien er fra March 2021-utgaven av Outlook Money.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 2021-utgaven av Outlook Money.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA OUTLOOK MONEYSe alt
Gold ETFs And FoFs
Outlook Money

Gold ETFs And FoFs

While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.

time-read
2 mins  |
November 2024
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Outlook Money

PLANNING TO BUY CHILD INSURANCE? THINK TWICE

Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs

time-read
7 mins  |
November 2024
How Do You Define Happiness?
Outlook Money

How Do You Define Happiness?

Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness

time-read
5 mins  |
November 2024
Avoid Crypto As It Is Highly Volatile
Outlook Money

Avoid Crypto As It Is Highly Volatile

I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?

time-read
2 mins  |
November 2024
Invest Right, Don't Speculate
Outlook Money

Invest Right, Don't Speculate

The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital

time-read
4 mins  |
November 2024
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Outlook Money

The Wedding & Budget: Is Minimalist Trend The Right Knot For You?

Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it

time-read
9 mins  |
November 2024
Here's How To Buy An ETF?
Outlook Money

Here's How To Buy An ETF?

Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.

time-read
1 min  |
November 2024
How Passive Funds Help Diversify
Outlook Money

How Passive Funds Help Diversify

Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio

time-read
2 mins  |
November 2024
The Rise Of Passive Funds
Outlook Money

The Rise Of Passive Funds

The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?

time-read
10 mins  |
November 2024
Tax Reforms: What's In Store?
Outlook Money

Tax Reforms: What's In Store?

The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms

time-read
10+ mins  |
October 2024