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What is Sum Insured in Health Insurance_ - (1)

You have a hard time understanding all the terminology used in insurance, right? You’re not alone. We understand that reading the 50 pages that most insurance companies publish can be boring and stressful. The terminology used is difficult, but it is also very important that you understand it both inside and outside of your policy. …

Income Replacement Term Insurance- (A)

Not sure if term income replacement insurance is the right option for you? Let me open the door to facts and ideas. It will erase all your doubts. And you will surely make the right decision. Because when you have the right knowledge about term insurance, you can make things better for yourself and your …

Why is a Medical Test Important in Term Insurance_ - (A)

Yes, it is imperative that you undergo a medical examination before purchasing risk insurance. To understand why we must first examine the type of hazard insurance. Risk insurance Risk insurance offers a person insurance coverage for a certain period of time (this is the term). If the person who purchased the policy dies during its …

What is the best time to buy Life Insurance_ (A)

Life insurance is essential for you and your family, but when is the right time to get a policy? Life insurance: It is not always the hottest topic, but it is certainly a must when planning for the future. Life insurance is essential for the long-term protection of your family, as it confirms that your …

Why is personal accident insurance needed_ - (A)

An accident can happen at any time without warning and sometimes cause serious damage. Such an undesirable incident can have a significant impact on your finances. Not only can treatment be expensive, but it can also affect your earning potential if you are disabled. To protect yourself and your family from such a situation, it …

No claim bonus in Health Insurance - (a)

The word “bonus” sounds very positive. However, it is questionable whether these three words – no, right, and bonus – together have a similar impact. The skepticism could be due to the presence of “no” and “complaints”. But there is nothing to worry about. No Claim Bonus (NCB) on health insurance simply means a bonus …

Fixed benefit or indemnity health plan, which one to choose for covering COVID_-(A)

Coronavirus cases are on the rise with no relief in sight, as India is expected to have the highest number of cases in the world. With a vaccine still in development, people are considering health insurance plans to meet their immediate financial needs if they test positive for the coronavirus and require hospitalization. Therefore, health …

Repercussions of driving without two-wheeler insurance in India

It is estimated that more than 70% of the two-wheelers on the road are uninsured. This is mainly because people do not know the benefits of bicycle insurance or forget to renew them in a timely manner. Whatever the reason, if you get caught driving on Indian roads without proper bicycle insurance, you will be …

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