Owing a property is still believed to be the biggest possession in India. Perhaps, this is the reason why buying a dream home in metropolis is the only thing you’ve always wanted? However, it sounds great while thinking of it but the reality of investing on a house isn’t so easy.

With the burgeoning property prices in most part of the country, many potential buyers either postpone their home buying decision or look for Home Loan Insurances to cover their liability.

Here are Few Things You Need to Know Home Loan Insurance Policies:

✓ What Is Home Loan Insurance Cover?
Home loan insurances in simpler terms are an excellent alternative to cover your loan liabilities and help you protect your monthly loan payments in case you become unemployed or suffer an accident or sickness.

HDFC-ERGO home loan protection insurance will typically be used to cover home loan liabilities, car loan or even sometimes personal loans as well. Under a loan insurance cover, the lump sum amount reduces as the outstanding loan decreases as per the loan schedule.

✓ The Benefits of Home Loan Insurances -
Home Loan Insurances are mainly beneficial in case of death or disability due to an accident or sickness; or In case of loss of job. It saves your family from undergoing financial trauma of paying the loan if any unfortunate event occurs with you.

There are also joint loan insurance plans which will effectively cover you and your partner. Under this plan, both will have the reassurance that if either of you should be faced with unemployment, illness, have an accident or even die; your repayments will be made for you.

✓ What are The Things to Remember While Checking Loan Insurance?
Loan insurance is something that you need to choose wisely.  Prior to purchasing, do check;

  • What does the loan insurance cover? Whether it covers death by accident or by any cause? Does it cover temporary or a permanent disability or not?
  • Check the tenure and the eligibility criteria of the loan
  • Check whether you can pay back the premium as part of the EMI or does it have to be made as a lump sum amount

Check if medical check-up is necessary? If yes, then is it necessary for all cases?

✓ Are there any tax benefits?
Yes, Home loan insurances come with tax benefits too. Since you are paying a life insurance premium, you can get deduction under section 80C. But if, it is clubbed with your EMI payment, you will not get the insurance benefit.

✓ Be Cognizant of the Most Commonly Observed Malpractices -
Prior to purchasing any cover, it is wise to be aware of the most commonly observed mal-practices. For instance, several banks and non-banking companies unite with few insurance providers and offer home loan products with home loan insurance plans.

Furthermore, Banks generally promote home loans insurances of companies they are associated with. They may also not provide you an alternative to pay separately for your home loan and include the cost paid towards premium in loan amount which will in turn increase your EMI.

There is a possibility that banks may try to promote products which are inapt to cover such risks. For example, banks may endorse endowment plans which may not provide you adequate cover and would prove to be ineffectual too.

Therefore, it is not always necessary to buy a cover from the insurance company that has tie-up with your investors. Look for your own approaches and choose the plan wisely.
Individuals when it comes to good health, wellness is all about having a good weight, physical fitness, nutrition and areas such as heart health. Ailments that are related to urological health, musculoskeletal, respiratory or any other area in the body are not thought of until there is a discomfort, pain caused by a serious ailment.

Urological health is all related to the kidneys, ureters, bladders, and urethra for both men and women, and also prostate, penis, testicles for men. The organs of the urological system are related to function of the kidneys, which has an important function to filter the blood, balance body fluids, form urine and aids other body functions; the ureters that carries urine from the kidneys to the bladder; the urethra that connects urinary bladder to the penis and functions as an exit from the body; and the bladder that store urine until it is passed out from the body.

Urological health is important to be maintained, it is an essential and inseparable part of overall health failing which affects other major organ systems. Urological health has to be taken care from a young age; all it needs is simple everyday habits to be adopted that may reduce risk of developing problems in the urinary tract such as urinary tract infections, kidney stones and also UTIs.

To maintain urological health first and foremost is to drink plenty of water, it helps to maintain normal urine flows and avoid blockages in the elimination of waste products from the system while urinating; too much salt in the diet affects the fluid balance in the kidneys reduces water retention capability and high sodium diet is also related to elevated blood pressure, which in turn is related to kidney damage in the long run.

Another simple habit that can help maintain urological health is reduced intake of caffeine. It is found that, drinking caffeinated beverages irritates the bladder that may urge the bladder to urinate frequently, which may in the long run reduce bladder control; intake extra water while exercising or out in the sun to make up for the water lost in perspiration, or on hot days.

Men and women both that are sexually active should urinate and clean before and after sex. During sex, there are more chances of bacteria to travel up in the urinary tract leading to infection. If urinated, and wiped shortly after sex reduces the chances of developing an infection. Women have more chances of developing urinary tract infection, as the urethra is short that makes it easy for bacteria to travel up in the urinary tract. Men have chances of developing infection too in the groin area, personal hygiene should be maintained to keep the area clean.

To maintain urological health among children, fluids should be avoided at night and ensure children use bathroom before going to bed to avoid bedwetting. Parents that have daughters, they need to be taught to wipe from front to back which ensures bacteria is not brought in the front from the back that can travel up to the vagina. For boys, it is advisable to start wearing an athletic supporter or “cup” if they practice any sport, or any other activity that can cause groin injury.

Smoking and prolonged exposure to second hand smoke both, are leading causes of bladder and kidney cancer. Regular exercise, specifically pelvic floor muscle exercise helps strengthen muscles of the area to be able to hold urine inside the bladder and prevents leakage. To have a healthy weight also helps maintain urological health, prevents kidney stones, low testosterone, incontinence, erectile dysfunction, enlarged prostates.

Author Bio:
Noble Hospital is one of the best hospitals for Angiography, Angioplasty and trauma care in Pune. We handle all critical cases with intensive care and provide excellent facilities for

our patients.
Every time you travel in a long-distance train, you may be coming across at least one instance of unhygienic, unhealthy and unaffordable foods, served by the railway pantry. Keeping that in mind, TravelKhana, an association of Indian Railway, has stepped into providing train passengers with fresh, hot and delicious food at rock bottom prices from its food delivery app, website or over phone. The company strives to offer travelers a menu, which is as vast and varied as the Indian culture. The menu contains a variety of items, including Chinese and Italian cuisines, Vegetarian, non-vegetarian, south Indian, North Indian, condiments and soft drinks and so on.

food in train

Food Ordering Tips at TravelKhana -
All you have to do is to either send an SMS or use TravelKhana mobile app or log on to the home page website of the company. Enter your PNR number and choose the railway station you want the food to be delivered at. The company offers you flexibility to select the restaurants that company has partnered with. You can easily check out a variety of food items. Choose a dish of your choice and place your order either by calling through your phone, or over the website. Choose to pay the bill online or ‘cash on delivery'.

khana online

Customer Values -
To value every customer and every new client like the foods, TravelKhana is leaving no stone unturned to satisfy passenger’s test. This brand is known to keep changing its partner restaurants depending on what is most popular among customers. It has no limit on its offers or the kind of cuisines it provides. According to an article published in ‘The Financial Express’, dated July 27, 2014, based on customer feedback, TravelKhana keeps changing its offerings.

How TravelKhana Operates its Business?
TravelKhana has exclusive working model. The company has tied up with hundreds of restaurants across the country. It takes passenger’s orders on these restaurants’ behalf over the telephone, internet SMS or through user-friendly app. Food experts employed by TravelKhana coordinate the food delivery with the restaurants, focusing on food quality and keeping an eye on train timings.

In case a train is running late, professionals at the company simultaneously update the restaurant and the customer by calling or sending an SMS, informing them new time of delivery. The company, however, makes sure that the food reaches fresh and hot to the customer using the delivery mechanism of the restaurants from where the food has been ordered.

Schemes & Offers -
TravelKhana new schemes and offers for customers from time to time such a heavy discount rates on order any food items. Currently, the company is offering flat discounts on mobile app orders.

Bottom Line -
Thus, call the company’s food service number or book your order online by entering the dates and route you will be travelling and you can get the food right at your bert
Risk management is an inevitable part of any project, business or organization. It is not just a technique to manage risks. It is a technique to unseal business benefits. By following risk management, you will make the project overcome potential threats, fall within the budget plan and get it delivered on schedule. Moreover, it puts your project team at ease. They can concentrate on their task instead of thinning away the focus on risks. Here is an all-inclusive set of project based risk-management principles. It has been compiled from my personal inferences as a project risk management consultant and a full-fledged research on the extensive content available on the subject.

Risk management has to be considered as part of the project and not a separate entity, this is one of the major mistakes committed by businesses. People believe risk management processes can run on their own and shield the organization from all disasters. Well, it is a complete misconception that either a risk management process or project can exist on its own. They rather work collaboratively, unless the project joins forces with the risk management team, you won’t be able to extract the benefits out of it fully. Risk management has to be initiated as a day-to-day approach and at later stages, embraced into the work culture.

  • The First Step is Risk Identification -

The earlier we identify risks, the better it is for the project. You can start by looking at the past risks of a company, investigating the events and documents and inferring information from people. Employees who have experience and expertise in the workspace will have quite a few risk incidents and unaddressed threats. Sit with them and you can find exposure to new risks as well as opportunities. Inspection of documents can be quite monotonous. A person who is skilled to decipher a project risk can expose many of them. And of course, risks and risk consequences from the past are easy to identify.

  • Spread Awareness about Risks -

Risk is a relatively known concept, but the approach towards a solution is not understood correctly, even to people occupying top positions. Risk communication is a necessary step to identify risks in the first place. Most of the time, projects that failed due to unidentified risks had a couple of resources braced with hindsight about them. Hence, being familiar to what risks are and defining a procedure to communicate them can be extremely helpful for risk identification. Encourage employees to focus on individual tasks and project-related risks, and introduce risk communication as a part of their regular activities.

  • Risk Analysis – Learning the Cause-and-effect Scenario -

Understanding risk characteristics is essential before taking measures to mitigate them. You can start by looking at the cause and effects of risks. List out the actions or events that lead to the possibility of risk occurrence. Controlling such events can reduce exposure and at times prevent risks. Look at the impact and the intensity of the impact when a risk occurs. Analyze if the risk occurrence can lead to additional negative consequences. It is also important to analyze the historical consequence of the same risk.

  • Allot and Define Risk Ownership -

Your responsibility doesn’t end with identifying risks. The next step is to identify the owners who should take responsibility for the risks. A risk’s owner should be vigilant about its occurrence and develop ways to efficiently and effectively mitigate the risk for the project. The risk and the risk effects need to be defined comprehensively for the risk owner.

  • Rank the Project Risks -

A risk has to be prioritized according to the fierceness of its impact and probability of occurrence. The impact can be based on the measurement of resulting losses and their types (resource, asset or finance related). Risks at the top of the priority list should be analyzed in depth to create effective risk plans. All risks needn’t be considered with the same gravity, as some have very little effect. You need to productively assign your time and resources for critical risks.

  • Planning & Executing of Risk Responses -

This is the part where you develop methods and techniques to deal with risks.
There are four ways to mitigate risks (The 4 T’s);

  • Treat the risks (Risk control)-

This is the most used technique. People make maximum use of risk analysis to treat a risk. The focus of the approach is on the causes and effects of risk occurrence.

Terminate the Risk: Avoiding a certain product or service all together. Restructure the process or risk events in such a way that you totally get rid of the particular risk. This technique is only available in few cases and should not be used before studying the business consequences carefully.

  • Tolerate the Risk-

When the cost of mitigating the risk exceeds the loss resulting from that risk, you would simply accept the risk.

The set of actions adopted to treat risks are called risk responses. Honestly, it is easier to script risk responses than execute them. This is when leadership skills and work culture drive the team members to accept risk management recommendations.

  • Register and Track Your Risks -

Document your project risks.  A risk register helps to not miss out on any risk (especially if the numbers are too many). An efficient risk register would contain and clearly communicate these – risk descriptions, risk owners, risk causes and risk effects. It is a document that helps project managers determine when, where, how and what are the things that can go wrong negatively impacting the project objectives.

It should also contain the application of risk responses and the risk status. Risk events should also be tracked and registered. They should be analyzed to ensure proper action is taken for the risk not to occur again. With all the variables involved and the need to continuously monitor and update the status of risks, it is necessary to rely on an electronic register (a system) and not to do it manually.

About The Author:-
Mohammed Nasser Barakat– Consultancy Director at CAREweb Corporate Governance Consultancy offering Governance, Risk & Compliance (GRC) software used by the well known global business organizations. Nasser is Certified Control and Risk Self Assessment Practitioner (CCSA) and has 8 years experience in  Internal audit solutions,  Risk Management  and consultancy.

We generally hear students; working professionals and other individuals pursue MBA for a bright career, to have a successful career. Is MBA the sure shot route to achieve success? How is pursuing MBA for individuals of varied areas, related to rise in career? It is mainly due to ignorance, lack of knowledge. Some individuals have the thought that having a MBA degree is the tool to have a sudden rise in career.
Top MBA Colleges

Unfortunately, it is not so. MBA, as it is generally perceived is not meant for all. It is only suitable for individuals, students that have a bend for leadership, administrative and management positions. Most of the students that pursue MBA do not have good understanding of the program, efforts, and expectation and job opportunities. Like any other degree program, the results, opportunities are not the same for all.

MBA if pursued from a recognized institution with high scores, industry experience, and internship can lead to one of the best employment opportunities; pave the path for a successful corporate career. Individuals that pursue MBA from the top management institutes such as IIMs, FMS, XLRI to name a few, are the fortunate ones to have training, coaching to be thought leaders, decision makers for organizations, corporations.

To pursue MBA from any of the elite management institutes is a discipline. It is not only classroom lectures; every activity that students undertake around the campus is part of the program for grooming, confidence building, communication, analytical knowledge and other areas of development. The classroom lectures, dramatics, extempore, presentations and many other activities that students are engaged in to builds attributes such as team work, leadership all of which are needed for real work situations.

How about students passing out from tier 2 or other unrecognised MBA institutes? What are the career prospects for such individuals? It can be a bright future for them as well. Students from such institutes, if they have a bend for management, and if this is combined with a combination of classroom lectures and industry experience, intern ship can have good career prospects as well. But it is important, that the theory is relevant to the needs of the corporate environment and is revised from time to time. Any curriculum that is not revised to keep the needs of the industry is not much of practical importance.

For some individuals, a student to obtain a MBA degree is only a way to get in to a management career. For such individuals it is only a formality, they have the aptitude for management positions and the real grooming, training happens on the job. The situations, scenarios in a real work environment which may be related to resource, delivery, inventory, quality or any other aspect is what business managers, leaders are expected to handle. The training, capability to handle, deal real life problems cannot be learned in a classroom or formal setting, and can be learned only in a live environment.

MBA undoubtedly can pave the path for a bright, successful career for the right individual having the right attitude. It can open up the best employment opportunities from top corporations, organizations across the world, and such individuals can also be entrepreneurs, create jobs, and own an enterprise. This can be one of the best combinations for a bright career, having a formal MBA degree and the inborn capability to be an administrator, decision maker. ISB&M is one of the top management institutes having centre at few places across the country for a top-notch management program. The institute is well recognized for its curriculum, faculty and placement.

About Author:
ISB&M's Placement Cell makes every possible effort to ensure that all students pass out with good job offer. ISB&M's training courses are highly accepted and acknowledged by industry for Management/executive level employment.