Money

10 crucial mistakes to avoid while buying a term insurance plan

April 14, 2021 6:31:25 pm

Many people buy a term insurance policy without estimating the actual requirement of life cover. Buying a term insurance plan for inadequate coverage may not serve the purpose for which it is purchased.

Are Corona virus health insurance plans a substitute for Mediclaim?

March 4, 2021 2:05:24 pm

Depending on the period of stay in a hospital, the cost of hospitalization can run into a few lakhs of rupees. Those who had health insurance policies saw the insurance companies pay up the hospital bills.

5 types of term insurance plans: Features, benefits, suitability – Explained

February 18, 2021 4:26:56 pm

For anyone with financial dependents buying a term insurance plan is a must-have even before a single rupee is invested for long-term goals and will remain the most important financial decision in one's life.

Income tax benefit up to Rs 1 lakh in health insurance plans: How much can you get?

January 28, 2021 12:22:44 pm

While buying a health insurance plan, there are several varieties of plans to choose from. Ideally, buy an individual health plan for yourself and family members

I am young and unmarried, should I buy a term insurance plan?

January 8, 2021 2:35:01 pm

A term insurance plan is a tool to help the surviving family members maintain the same standard of living. In a way, it ensures that there is a replacement of income even if the bread earner is not there to support.

Unique advantages of buying term insurance plan online – Know them before purchasing

January 8, 2021 2:35:57 pm

Term insurance plans, the purest form of life insurance, can be purchased online either directly from the insurer’s website or by accessing the website of an Insurance Aggregator.

5 things to look at while buying a health insurance plan

January 8, 2021 2:37:07 pm

Health insurance is all about covering unforeseen medical exigencies.

Why is health insurance important even at a young age?

November 26, 2020 4:18:11 pm

If you are young and earning, there's a fringe benefit of buying a health insurance plan as well.

Do you know why term insurance plans are so popular?

January 8, 2021 2:39:32 pm

With the premiums being low, the insurance companies have become increasingly careful in offering the plan to customers whom they perceive as risky.

Why buying term insurance should be the starting point of your financial plan

January 8, 2021 2:38:28 pm

The answer is - Risk Management. For meeting long-term goals, one invests in various asset classes such as equities and debts, based on one's risk profile.