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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 …

Difference between Double Insurance and Reinsurance - (A)

Both insurance and reinsurance offer financial protection against potential losses. Although they are similar in concept, they differ greatly in how they are used and who uses them. Take out insurance to protect against possible property loss. Who will protect the insurance against a possible loss of property? If the damage is minor, the company …

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 …

Since the coronavirus changed its status from epidemic to pandemic, the 21st century has been divided into three timelines: the years before COVID, COVID, and after COVID. Right now you are on the COVID timeline where cases are increasing day by day. Although the initial lockdown slowed the spread of the virus, the numbers have …

Health Insurance vs Critical Insurance Cover- (A)

Health insurance and health insurance are types of health insurance. They have their own advantages in buying considering the coverage they offer. There are many differences between attitudes toward health insurance and coverage for serious illnesses. This article describes the precise meaning of health and medical insurance coverage and the difference between these policies. What …

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