Insurance

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…