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Insurance Doctors And Their Multifaceted Role

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Sara, a 50-year-old working professional, was in a car accident. She suffered some serious injuries and submitted a claim for permanent partial disability benefits with her insurance company. Her personal physician had already provided detailed documentation. But her insurance company requested her to attend an examination with another doctor, provided by them. This doctor, they said, is an "insurance doctor." Now, this was something new to Sara. But is it a new concept? Let us find out.   Who Is an Insurance Doctor? Insurance doctors play a critical role in the insurance sector, which is quite underrated and misunderstood. Most of us assume that they actually replace the role of our treating physicians, but that is not the case. Our physicians treat us in case of any mishap, but they do not assess or evaluate our level of injury or disability. But then, who actually does it? This work is done by Insurance doctors, which, in turn, impacts or affects our insurance benefits. Th...
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AI In Education - A Reason To Be Curious Or Concerned?

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In the current technologically advanced world, Artificial Intelligence(AI) is intertwined with various aspects of our lives, from school students and teachers to career opportunities, healthcare, infrastructure development, and security.  AI In Education But here, we will be specifically discussing its effects on education, particularly schools. As per the 2024 Literacy Trust Survey, teachers in the UK are more restrictive and concerned about teaching AI and allowing their students to use AI in their learning process, whereas in the US, teachers are more flexible but curious about this approach.  Opportunities of AI in education:  AI in education can help the learning process by making it more customized and interactive, and that, too, much faster than it would usually take using the average human approach. However, at every step, the education sector, which includes both teachers and students, should ensure proper accountability and understanding to move p...
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Profit Booking - How To Decide?

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Book Profits In the Stock Market: It was just about 5 months back when I finally decided to sell off my holding in one of the great stocks that gave me an overall return of 15%. However, the company had come up with some excellent investment prospects, which caused its share prices to keep rising, leaving me in a dilemma. Then the worst happened. Some serious allegations regarding the company management came to the limelight, and the stock prices crashed. Who could predict such a sudden downfall? Is it really possible to invest and book profits when the market is so full of uncertainty?  Yes, it is definitely possible. Before we understand how to handle profitable shares, it is important to note that such profit booking strategies are applicable only to investments meant for the short to medium term, which may aim for a few months to a year or two.  Use return on a risk-free investment as  a benchmark - Investment in fixed deposits is a very common step that we take...
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Savings Vs Investment - 8 Concepts

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Savings Vs Investment - 8 Concepts: Savings and Investments are two commonly used terms in our daily lives because they are both related to money, which is ultimately responsible for making our future secure and comfortable. We often use them interchangeably, but each represents different actions and ideas. What do they really mean? Savings —In simple language, savings is setting aside funds to meet certain expenses that are usually immediate or short-term and small in amount.  Investment - This refers to the act of putting money in some kind of financial instrument that will lead to its growth within a certain period, which can be used later on for productive purposes.  Differences between investing and saving: Basic act - The basic act of savings is putting or storing aside funds, usually piggy banks, personal lockers at home, or savings accounts or banks. The money lies idle until it is used to buy something or for some emergency. But the essential act of invest...
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Every Drop Counts - 7 Unique Savings Tips

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Importance of savings!! By now, you have reached that part of your life when you have started to understand the importance of saving a part of your income and investing it into profitable and reliable sources to ensure a stable future. However, money-saving tips do not only mean long-term future savings involving heavy lump-sum amounts. Quite a substantial amount can also be saved if you take care of your daily expenses and plan accordingly.  Unique money saving tips: Here are some unique ways to do so.  Stick to your budget - Do not get carried away by seasonal discounts and free items if you do not need them. Quite often, we end up buying things that just catch our eye, but later, we realize how useless the purchase was. So, before you click on the "BUY" button, think twice. Therefore, maintain your budget plans.  Weekend plans - Planning to have a weekend party with your family and friends at home? Planning for a picnic? Why not cook something special for everyone and...
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Manage Credit Cards Wisely - 5 Useful Tips

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Why Credit Cards?? Credit cards have become a very useful part of our daily lives, allowing us to make purchases, pay bills, take loans, and so on. However, all these will add value to our lives only when we know how to use credit cards wisely and responsibly. This also means that with knowing the uses of a credit card, be it an Amazon credit card or an American Express credit card, it is equally essential to be well informed about the downsides of the same so as not to fall into unnecessary problems but be able to derive the maximum utility of this facility that banks and financial institutions provide to us.  Tips and tricks: Here are some tips and tricks that will help you to manage it well: Pay on time - It is essential to keep track of the payment schedule and pay back the pending amount within the due date. For this purpose, set up reminders or auto debit from your bank account to meet the requirement. Why is this essential? The use of credit cards will generate a ...
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Is It Good To Invest In Falling Stocks?

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Investment In Falling Stocks There are many ideas surrounding whether investing in stocks that consistently show a decline is a good idea or not.  The dilemma!!! On one hand, falling stocks will enable the investor to purchase it at a much lower price, allowing greater profitability when the price actually rises. On the other hand, a stock consistently falling in value is also a sign of weak performance, loss of consumer trust in the product , fall in profitability, and overall downfall of the business. In other words, the business is facing long-term challenges.  Now, the question is, which side of the balance is heavier? How can we evaluate whether it is fair to invest in or stay away from a stock that has been losing its value for some time?  Let us understand some simple facts: Let us understand the fact that a fall in stock prices can be considered an investment option, which are basically speculative. You should always keep in mind that the price may go further down...
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