Is there any difference in individual health insurance and employer provided health insurance? Employer provided health insurance policies are group insurance policies. Though there are benefits such as coverage of pre-existing diseases, there are many disadvantages as well. The cover provided will mostly be inadequate… Read More »Is employer provided health insurance sufficient??
Isn’t it the goal of every parent to provide the best education to their children? However, the cost of education is growing exponentially high every year. A student entering IIM-A in 2018 will be paying about Rs 19.5 lakhs for the two-year course. This is… Read More »How to plan for your child’s education?
Life insurance has to be bought for the right reason, like to protect your dependents and not because you have some extra money and don’t know what to do with it. Never buy a life insurance policy for the following reasons because you might end… Read More »Do not buy a life insurance for these reasons
Most of the cricket lovers would have known or seen the record twist that happened in the ICC World Cup at Providence on Mar 28th, 2007. It was a match between South Africa and Srilanka. South Africa was on the easiest road to victory needing… Read More »Life and cricket – not much different!
It is a known fact that smokers/ drinkers pay higher life insurance premiums. These will negatively impact your health and thus increase mortality risk. Insurance companies protect themselves from this higher risk by increasing premiums by 10-15 percent for smokers and drinkers. However, when it… Read More »Kept your habits a secret? This constitutes to fraud!!
Insurance contract is full of jargon. One such jargon most often used is Assignment. An assignment is a legal agreement making the lender as the primary beneficiary of a death benefit in order to get a loan. The lender can cash in the insurance policy… Read More »“Assignment” explained in Insurance Policy terms
The health insurance that you bought when you were young will become inadequate as you age as because you are prone to more health issues and also you get used to a better standard of living. Also, healthcare inflation is increasing at nearly 20 per… Read More »Wise choice: Increase the sum insured with age
Wondering whether you can claim under more than one health insurance policy? Here is what you need to know. As per Medi-claim insurance rules, you cannot make claims with two insurance companies for the same hospitalization. However, there are situations when you can claim from… Read More »Multiple health policies? Here’s how to make claims
Why choose LIC over Mutual Funds 1) Life insurance is a good investment option. It not only provides good returns but also provides financial protection. Whereas mutual funds are purely for investment purpose only with high risks. 2) Life insurance guarantees fixed returns on your… Read More »Would you rather eat 2 Laddus or 1?
A health insurance not only secures your health but also your wealth! It is not possible to predict when you might get sick, but you will require medical care at few more instances in life. Health insurance comes handy at those critical instances to maintain… Read More »Like to become Kaala Rajnikanth and kill two birds in one stone?!!