Insurance policies have certain terms and conditions and also contain exclusions so as to prevent fraud or protect their interests. But the coverage for suicidal death has always been speculated to not be included in the policy. So today let’s understand how and if suicide is covered under a life insurance policy. Coverage of Suicidal…Read More Does Life Insurance Pay for Suicidal Death?
You must have wondered if you could get multiple life insurance policies. Well, first of all, you can if you want to and second, your agent should be aware of other policies that you have bought to avoid claim rejection. Many choose multiple insurances for various reasons, but can you do with just one? Let’s…Read More Should You Buy Multiple Life Insurance Policies?
A Health Insurance Policy is an agreement between the policyholder and the insurance company. The agreement states that the insurance company will undertake a guaranteed medical compensation to the policyholder if he/she gets hospitalized within that policy period. The insurance company provides coverage for any sort of medical, surgical, or dental expenses. The payment system…Read More Reasons to buy Health Insurance Policy before you turn 30
Including life insurance in your financial plan is vital. Nonetheless, there is a lot of confusion and often skepticism when you consider buying a policy. This is due to its complexity or the hesitancy to discuss death. Gaining a proper understanding of life insurance makes it easier to buy a policy. Here are ten important…Read More 10 Commonly Overlooked Features of Life Insurance Policies
Your children are grown up and independent. The mortgage on the home is repaid. You are now retired and enjoying the golden years of your life. In this situation, there is no need for insurance coverage, right? Typically, life cover is availed to replace the loss of income in case something unfortunate happens to you…Read More Life Insurance for Retirees: For Some It Makes Sense
Nidhi’s father had been investing for a term insurance plan that was guaranteed to financially protect her and her mother, in the event of his passing away. However, as his term policy maturity date neared, he was left wondering what would happen to the premiums he had paid over the years since its benefit had…Read More What are the Survival Benefits in Term Insurance?
The decision to get married is probably one of the biggest steps in everyone’s life. The very idea that you would be spending your entire life with your loved one is a warm yet a crucial point in life. Everyone’s life changes after their marriage but the outcome is dependent on you and the way…Read More 6 Reasons to Buy Life Insurance Plan If You are Getting Married This Year
During the final stage of getting a home loan, lending institutions will suggest you buy a home loan insurance plan. This is an insurance product that is meant to provide your family with financial support to repay the loan in case of unfortunate events. Therefore, in case of your untimely demise, disability or temporary job…Read More Home Loan Insurance or Term Insurance: Which is Better to Protect your Home Loan?
Investments in a health insurance plan is a crucial step that every person must do in a lifetime. Coverages related to health insurance can bring down the excessive expenditure necessary for the treatment of several diseases. Nowadays, numerous providers deliver plans for health insurance online. As a technologically sound person, you can access different…Read More Getting Your Health Insurance Online? Here’s What You Should Keep in Mind
Life is uncertain and one way to secure your financial future is through insurance. Traditional plans like endowment and money-back policies are expensive if you want to avail of a higher coverage. A more affordable way to procure a higher sum assured is term insurance. It is a pure life cover and pays the policy…Read More Top Reasons Why Your Insurance Claims Might Get Rejected
Purchasing insurance can be a tedious process. Since there are so many options insurance policies available in the market, it can be a very confusing to choose the best investment plan for yourself, especially when it comes to life insurance. You might want to invest in a plan that gives you a good coverage for…Read More How to Use a Life Insurance Investment for Smart Financial Planning
We all work hard and save every penny to buy an insurance plan for the family’s financial security. However, the single way to get funds in times of need is by providing the policy documents to the insurance company. The documents are proof of an insurance plan. Imagine an unfortunate scenario wherein you lose the…Read More What to Do If You Lose Your Insurance Documents
Considering the increasing cost of medical treatment, an illness in your family could create a major dent in your pocket. If you do not want a medical emergency to deplete your savings, get a health insurance cover for yourself and for your parents. The sooner you buy family health insurance, the better it is for…Read More How to Look for Health Insurance for Parents
A ULIP calculator is a tool that helps you calculate the premium amount that you are required to pay either monthly or annually. It also helps in determining the possible returns that you will get on your ULIP investment. Financial experts highly recommend using the ULIP calculator before you make a ULIP investment or purchase.…Read More 5 Ways in Which ULIP Calculators Help
Insurance companies in India offer customized solutions for Non-Resident Indians (NRIs) who are keen on buying a life insurance policy in India. However, before you purchase a policy, it is important to understand the NRI policy guidelines and then make a decision. The payout regarding maturity benefit, death benefit, or during the term of the…Read More Policy Settlement Guidelines for NRIs
Section 80C and 80D of the Income Tax Act is a boon for many people. Under these sections of the Income Tax Act, you can claim tax benefits on the premium that you pay for life and medical insurance policies. However, one needs to consider the Goods and Service Tax (GST), and whether you can…Read More How GST Affects Your Insurance-Investment Plans
With the onset of the new financial year, a whole new world of opportunities opens up for young, “under 30” salaried individuals. With additional cash in account in the form of performance bonus and others, there is so much one can do. While some may want to splurge their money on compulsive buying, the smarter…Read More Why Investing in Term Insurance is a Great Choice if You’re Still Under 30
Taking an insurance policy is not just a necessity these days, but also one of the best financial coverage options that you can opt for. There is always the harsh reality of an unforeseen calamity in life lurking around the corner, which may cause future distress to your family and dependants. Investing in a suitable…Read More iSelect Term Plan – The Smart Term Insurance for Your Financial Security
When you are planning your long-term financial targets, considering buying a life insurance plan is essential. Life cover comes with many financial benefits. To understand how it works, you must learn about the life insurance payout and its different aspects. Once you learn that, you can plan your finance accordingly. When do you receive a…Read More How Life Insurance Payouts Work
The Motor Vehicles Act 1988, has made it compulsory for all the car owners to take the insurance policy or the third party insurance at the least. Failing of this could lead to legal issues and impose a penalty on the driver of the car. As the number of cars have increased on road, the…Read More 5 Indicators of The Best Car Insurance
Are you heading for your next big vacation? If yes, then brace yourselves, because we have the right thing for your one needs in order to embark on a new journey. Whether you’re travelling solo or with your family, trust us, everybody needs travel insurance. Having said that, a majority of people have misconceptions which…Read More 5 Common Travel Insurance Myths Debunked
With age, our resistance to fight life threating diseases decreases. Our weak immune system and the rapidly decreasing age makes us prone to the inevitable causes of sickness. During such cases, we pour our money into expensive treatments to get cured which eventually create holes in our pockets. In order to avoid hefty expenses, it…Read More An Elaborate Guide To Critical Illness Health Insurance
The Motor Vehicle Act 1988, has made it mandatory for all the bike riders to insure their bike with the two wheeler insurance policy. Two wheeler insurance policy ensures to protect you against any unforeseen eventualities such as accidents, thefts or natural disasters. It also acts as a guard for you in case of any…Read More 5 Tips to Get the Best Two Wheeler Insurance Quotes
As per the Motor Vehicles Act, 1988, Third party car insurance is a mandatory cover required for anybody owning, buying or driving a motor vehicle. It is legally mandatory in India. Third party insurance covers the legal liability or damage that is caused to any third-party property or person other than the insured due to…Read More All You Need to Know About Third Party Liability Motor Insurance
Insurance is one of the most important investments you’ll make throughout your lifetime. While it may seem like a waste of money, to begin with, having an insurance policy is one of those things you’ll be so grateful you did when you need it. If you don’t get some, you’re going to regret it. However,…Read More Insurance 101: What 7 Types of Life Insurance Policies Are Available in India?
The United States of America, over the years has proved to be one of the top favorite travel destinations for Indians. You have not gone on a foreign trip if you have not visited the most powerful country in the world. Over a million Indians visit the states every year and this number is only…Read More Travel Insurance for USA from India
In today’s time and age, life insurance and other tax investments go a long way in ensuring that the future goals of your own and your family remain protected at all times. Investing in an insurance plan helps reduce the financial load on your family in your absence. Thus, life insurance cover empowers your loved…Read More The Unconventional Metric to Judge Your Insurer – Employees
Today, we are living in a Digital World where the dream of going cashless has finally become a reality. Owing to more convenience, the cashless transaction is gaining grounds among the people and is becoming a popular choice of payment for various sectors including insurance. Today, we will talk about Cashless bike/two wheeler Insurance and…Read More Everything You Should Know About Cashless Bike Insurance
The number of female drivers in India is on the rise as more and more women are becoming financially independent. This is a good sign that indicates our country is taking progressive steps towards gender equality and is accepting the concept of women empowerment. Today, many women are leaders in multinational firms and are demonstrating…Read More Car Insurance Benefits for Women Drivers
Generally, health insurance plans with high premiums raise financial fear amongst common people. But an affordable health insurance plan will secure your future medical expenses. Fortunately, most people are realising the need of a good health insurance plan. However, before you sign up for a health plan, it is important to understand that plans with…Read More 5 Things You Should Not Skip Before Finalizing Your Health Plan