Can You Save Money by Investing in a Health Insurance Plan?
We all know health is wealth. Not paying attention to health keeps one at risk of falling ill. You can’t reap the wonderful rewards of your hard work if you’re lying in bed, sick all day. Moreover: hospital bills are expensive. Depending on the illness, medication and treatment are expensive. Most people can only afford […]
8 Things to Keep in Mind Before Finalizing a Health Plan
Health insurance is something most people undermine until and unless stricken with an exigency situation. The importance of health insurance is driven by the fact that there is a rising number of diseases in India and at the same time the costs of treatment in hospitals is higher. Also, the rising co-payment, yearly deductibles and […]
Everything You Should be Knowing About Insurance Premiums
The insurance sector has remained one of the most complex sectors in India regarding understanding. Understanding the basics of the industry has stayed at wit’s end for the generic lot, let aside the in-depth knowledge. However, the complexity levels don’t prevent anyone to opt from insurance and every second person owns insurance in some manner. […]
What Is a Claim Settlement Ratio? And How Is it Important?
In our previous posts, we have spoken in detail about the various types of insurance and why they are necessary, in today’s slot Claim Settlement Ratio is a very essential element of an insurance company. This ratio tells us about the number of claims settled, out of the total number of claims received by the […]
The Life and Health Insurance Checklist – 2019
As we grow up with each passing year, there comes additional responsibilities. Every New Year is also welcomed with various goals and promises we have for ourselves. It is also coupled with several challenges and surprises in our way. To ride through any challenge or mishappening, it is insurance cover (both life and health) that […]
Term Insurance – Expense or Investment?
What is Insurance? Why we need Insurance? These questions are normally misunderstood by Indians. In India, most of the time, when we ask investors about their investment portfolio, they invariably land up saying that they have investments in some sort of insurance policy in LIC, ULIPs, endowment policy, money back policy, etc. Indians understand insurance as […]
5 Best Health Insurance Policies to Consider in 2019
Health insurance covers the whole or part of the medical or surgical expense of the insured. In recent years the changes in our normal human lives have made us more prone to illness and on the other hand, medical expenses are increasing. Therefore, the need and requirement of medical insurance is also increasing. As health […]
Liability Insurance – Everything You Need to Know
In today’s’ world where innovation has taken center stage in nearly every walk of life, financial services are one sector that is not left behind. These days you get an insurance policy for everything right from your life to the house to health to auto and even loans. While having options in life is always […]
The Types of Life Insurance Policies and Why They are Necessary
Insurance means protection from financial loss. It is a type of risk mitigation practice which is used to prevent from any uncertain loss. The entity that provides insurance is known as the insurer or insurance company or insurance carrier or underwriter. A person or entity who buys insurance is the insured or the policyholder. The policyholder […]
5 Best Term Insurance Policies – 2019
Term Insurance is the type of life insurance in which If death occurs during the policy tenure, then his or her nominee will receive the sum assured. If the insured survives till the end of the policy period, then he or she will not get any maturity amount. These policies have low premium and cover large risk. […]
5 Best Car Insurance Policies in India
In 21st Century India, owning a car has moved beyond being a status symbol to an everyday necessity. Being owner of a car proves your financial independence, puts you in a refined league of your peers and wins you some much-needed brownie points with the family. But the joys of owning a car or any […]
10 Reasons Why Life Insurance Is a Smart Investment?
While planning for personal finance, insurance plays a critical role as it helps cover the risk. An insurance policy is a risk protection plan and seeks to secure your loved ones in your absence. Of all the insurance policies that are offered by a multitude of companies these days, life insurance continues to hold a […]
The 3 types of Insurance Policies you Need at Every Age
The importance of insurance for every individual cannot be emphasized enough. The millennial might think as to what the importance of insurance is. Life is uncertain and anything might happen, at any point in time. Insurance is the possible hedge against this uncertainty in life. However, what many individuals don’t realize is that our life […]
10 Best Child Insurance Policies – 2019
For every parent, their child is the top most priority. The upbringing of a child requires excellent financial planning and the sooner one begins it, the better. This is where a child insurance plan comes into picture. It is the best financial plan, investment plan and the most suitable policy for your child as it ensures […]
The 4 Types of Insurance Every 30 Year Old Must Have
People think that insurance is a waste of money as they believe if the premium were invested in some another avenue it would grow to a sizeable amount. But remember life can take unexpected turns and death of the sole breadwinner of the family can impact the lifestyle and stability of the family. Similarly, a […]
Is Insurance a Necessity for the Millennial?
A millennial is a generation that is also known as Generation Y or Gen Y, and these are the demographic cohort following Generation X and preceding Generation Z. Typically, they are born between 1981 and 1996. Source: Digital Dealer Now moving on to the principal theme of the article. Is Insurance Important for the So-Called […]