Top 10 Latest Insurance News In February 2020

April 26, 2019 0 comments

5 Things You Should Not Skip Before Finalizing Your Health Plan

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…

April 26, 2019 0 comments

Here Are Some Motor insurance Terms You Must Know

Different professions have a different set of jargon that they tend to use extensively to discuss certain things related to their daily practices, work ethics, habits or plan of action. Even the Insurance Companies have their own set of jargon that they use to explain different types of policy plans and their associated terms, conditions…

April 15, 2019 0 comments

Term or Whole Life Insurance – Which One Should You Get and Why

Are you unsure about which insurance policy to invest in? Or are you confused between a plethora of options for insurance? If yes, then hang in there for a bit more because we’ve got you covered on this. With a number of options available in the market, there is an increasing competition amongst the insurance…

April 15, 2019 0 comments

Know the Truth Behind these 5 Term Insurance Myths

A product as simple as the term insurance experiences a hard time in order to gain acceptance from a majority of people. Due to its lack of awareness and understanding amongst the masses, customers think twice before investing in a term insurance plan. On the contrary, a term insurance policy offers a vast number of…

April 13, 2019 0 comments

A Guide for First-Time Bike Insurance Buyers

One cannot deny that two wheelers rule the streets in India no matter which city you go. The convenience offered by two wheelers is irreplaceable by any other means of transport. A bike makes a practical and smart choice whether it is meant for going to college or for your office commute. Though this mode…

March 28, 2019 0 comments

Why you need to continuously monitor your ULIP performance

Being a market-linked product, there are times when ULIPs cannot manage the market downfall. This, in turn, can affect either your ULIP returns and your overall ULIP performance. At times, when you are unaware of a certain fund-switching feature, you fail to get the best out of your ULIP Plan. The risk of investment in…

March 28, 2019 0 comments

Know the difference between Sum Assured and Fund Value in a ULIP

Bringing together the best of insurance and investment, a ULIP Plan has become worth every penny for an investor. This is because ULIP plans not only offer a life cover for protection but also higher ULIP returns for the growth of every investor. Investing in ULIPs doesn’t require a lot of time and effort. But…

March 28, 2019 0 comments

Explained: The tax benefits of health insurance

It is a great thing to set financial goals; however, safeguarding your health should have higher priority. After all, a single medical emergency can tatter away and gulp all the funds that you have accumulated throughout the years. Further, there are a ton of benefits of opting for health insurance plans in India, and a…

March 14, 2019 0 comments

Significance of Renewing Your Car Insurance Policy

With so many things on our minds, it is getting increasingly difficult to stay up-to-date with all the reminders. It is still manageable to keep up with due dates of monthly payments such as electricity bills, mobile bills, etc., but annual or multi-year bill payments such as car insurance due dates are tough to remember.…

March 14, 2019 0 comments

Essential Add-ons to Buy With Car Insurance Policy as Per Your Requirements

Car insurance is very helpful. You need to have the right kind of cover to ensure you have the highest level of protection at all times. In certain cases, a basic car insurance plan is not sufficient. You need to add riders, also known as add-on covers, to the basic plan to make it more…

March 11, 2019 0 comments

How Modification of Your Bike Can Increase Insurance Premium Amount?

When you buy a comprehensive bike insurance policy, you pay a premium depending on the Insured Declared Value of the bike. The Insured Declared Value or IDV in short, is the market value of the bike after factoring in the age-based depreciation. Moreover, if there are additional accessories added to the bike, the IDV also…

March 11, 2019 0 comments

7 Reasons Why You Should Avoid Filing a Small Car Insurance Claim

When you buy car insurance online, you do so to protect your vehicle from a number of dangers. You make claims after the car has been damaged so that you get financial help from the insurance provider for the repairs. However, you should not raise a claim each and every time there is even a…

March 11, 2019 0 comments

7 Tricks to Get the Best Quote for Bike Insurance Renewals

If you own a bike, you also have to own a valid bike insurance policy on it. The Motor Vehicles Act, 1988 prescribes that every vehicle running on Indian roads should have a valid third party cover at all times. To fulfil the legal mandate of the Act, every bike owner is required to buy…

March 10, 2019 0 comments

5 Mistakes to Avoid While Purchasing a Term Life Insurance

You would have heard the age-old adage ‘‘a stitch in time saves nine’’. This holds true while buying a term insurance plan as well. You must buy a comprehensive plan that provides a sizeable guaranteed amount after factoring in inflation and other cost escalations. A term policy is a non-retractable decision and requires a considerable…

March 10, 2019 0 comments

5 Basic Terminologies Associated with Term Insurance

Life is full of uncertainties. The uncertainties can take the shape of illness, financial difficulty, permanent disability, or even death. Life insurance by way of a term insurance policy helps one to smoothly tide over these uncertainties by providing a definite sum assured and financial support for the bereaved family members. With limited earning members…

March 1, 2019 0 comments

Know How to Make The Most Out Of Your ULIP Investment

Introduction Life throws up several financial challenges and to effectively tackle them, one must know how to make the most of one’s investment portfolio. ULIP is one such instrument which can be tailor made to suit the diverse financial goals of each investor at different stages of life. We shall study how one can utilize…

March 1, 2019 0 comments

Understand Exactly How A ULIP Policy Works

Introduction A prudent investor seeks to maximize returns with minimum risk. This is feasible if one was to opt for a hybrid financial instrument i.e. one which offers life cover as well as market linked growth. A Unit Linked Insurance Plan (ULIP) is one such innovative policy with the dual advantage of insurance cum investment…

February 17, 2019 0 comments

The Most Popular Florida Cities To Buy A Home in 2019

In recent years, the number of people moving to Florida and other ‘sunny’ states is steadily increasing. There are a lot of reasons that make Florida attractive to prospective home buyers that include endless outdoor activities to enjoy, great weather year-round, and an affordable housing market with many different real estate choices. There are waterfront…

February 16, 2019 0 comments

Important Features of Health Insurance in India

Buying a health insurance policy is absolutely critical and no longer a choice but a necessity. In spite of all the awareness revolving around health insurance plans in India, there are many who still don’t understand why health insurance is a real winner. In this article, we’ll help you understand 5 important features that your…

February 14, 2019 0 comments

How to Purchase Long Term Two Wheeler Insurance Cover Online

How often does it happen that you forget to renew your bike insurance policy on time? This then leads to a few hurried steps to avoid policy expiry and ensuring that your coverage is still intact. Factors such as workload, busy lifestyle, plain old ‘forgot’, etc. are some of the major reasons why people do…

February 14, 2019 0 comments

5 Ways to Avail Certain Exclusions in Your Car Insurance Policy

Every car insurance plan has a list of exclusions. This means you cannot make a claim if your vehicle undergoes repairs under that situation. For instance, most comprehensive car insurance online or offline plans don’t offer a cover for engine damages. So if your engine suffers a breakdown, you have to get it repaired yourself.…

February 14, 2019 0 comments

5 Questions You Should Ask While Buying a Used Motorcycle

India is one of the largest consumers of two-wheelers in the world. There are two different sides to this. Firstly, it means that more and more bike manufacturers want to be part of this game. And secondly, this opens up vast opportunities in the used bike market. Today a buyer has a lot more options…

February 14, 2019 1 comment

3 Year Third-Party Car Insurance Rule : 3 Things to Know

A long term third party car insurance plan can prove to be very beneficial for you. However, before you get such a cover, do remember to do adequate research as some of the features of this cover are quite different from the features of a regular third-party plan. Listed below are three of the most…

February 14, 2019 0 comments

How to Secure your Family with Extended Cover in Health Insurance Plan

With medical expenses staying on an ever-increasing trajectory, it is no surprise that one of the biggest worries facing a bread-winner today is the prospect of a loved one’s hospitalization. A persistent nightmare that can keep anyone awake is the thought of a medical treatment being available but out of their reach due to the…

February 14, 2019 0 comments

5 Tips to Ensure That Your Investment Delivers Higher Returns

ULIPs are some of the best investment plans that you could use to invest your money on. Even if you decide to start off with a small sum, you will be assisted by a fund manager who will help manage all your money and also advice you on which bond or stock you should invest…

January 24, 2019 0 comments

Compare ULIP and Mutual Funds Before you Choose your Investment

In these testing times as well as since times immemorial, man has been on an unending quest to go for broke or at least go on a limb to make a fortune for him. Different time periods saw different trends that the men of that particular time followed. Most of the times, a single person…

January 24, 2019 0 comments

How to Choose the Best ULIP Plan for Your Investment Portfolio

Since the beginning of the insurance industry there have been two very popular types of insurance, namely, endowment and money back. In addition, there was a third type of insurance known as the term insurance also known as whole life plan. This particular policy was intended to last the entire lifetime of a healthy individual…

December 31, 2018 0 comments

Know How to Choose The Perfect Family Health Insurance Policy

One of your prime objectives is to ensure the safety of your loved ones. However, emergencies may strike without any prior indication. Have you safeguarded the interest of your family in case of a sudden illness or an accident? With escalating healthcare costs, how do you ensure to meet such expenses if the need ever…

December 31, 2018 0 comments

Make Health Insurance Part of Your Retirement Planning

The senior years are often associated with multiple challenges. As you age, your health may also suffer and meeting the healthcare costs post-retirement may be very challenging. With limited income, escalating medical expenses, and longer life expectancy, retirement may be a huge concern. Therefore, it is crucial that you plan for your retirement during the…

December 24, 2018 0 comments

Maximize Your Tax Benefits Like A Pro with These Investment Plans

It feels wonderful to receive your salary every month and use it for your present needs. However, that is all that your earnings do- help you live well in the present time. What you really need to do is plan to safeguard your future. Other than that, it is also important to plan ahead for…