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Over the years, the incessantly rising number of road accidents in India has made car insurance an inevitable need. The same is also crucial from the financial perspective, keeping in mind the cost involved in repairing the vehicle once it’s damaged in a road accident. Concluding from the above paragraph, if you have a car, you must have an efficient car insurance in place.  Moving on, when talking about a  car insurance plan , the premium amount is one the biggest subject of discussion. The insurance premium is the monthly sum paid by the subscriber in order to enjoy the insurance coverage and benefits continuously. The same varies according to the lender’s insurance policy and as per the below mentioned factors associated with the applicant and his/her vehicle.  1.  The safety features:  Every vehicle/car comes with safety features like an airbag, seat belt, fog lamps, driver attention detection etc. which ensure the highest safety for the owner and the car. The same 

A life insurance policy can be termed as a pact between two entities- viz. an insurer and a policy holder. The latter pays a fixed sum of money called the premium for the policy to the insurer who, in the unfortunate event of the death of the policyholder will pay a lump sum of money to the family members or a specified individual, also known as nominee. Hence, such a policy provides coverage for the life of an individual policyholder. Why is a Life Insurance Policy Important? Death in itself is a loss that is one of the most difficult to cope with. In such a situation, the last thing that should concern a family, spouse, children or any other dependent are the finances. Here, if the provider has a life insurance policy in place, then his/her family stays financially covered. When an individual is the sole earning member of a family and has dependents, an insurance is something that he/she should never compromise on. By investing in a good policy, an individual will have

Our family is the support system in our life, and to make sure the support system stays intact for decades, we must ensure their health and happiness by taking the necessary steps. As wise men say, “Investment in health is the most fruitful investment”, adequate investment towards your and your family’s health can help you build a safer future. The best way to ensure that is by investing in a fitting family health insurance scheme that provides maximum risk coverage.   Having said that, we will, however, suggest you keep your calm and take the required time before taking any major decision. Choose the health insurance scheme only after obtaining the required clarity. Observe and understand the medical cost inflation rate in the past and predict the future trend and plan accordingly. Further, there are some questions you must your insurer before signing the agreement. Know More Click Here- What is Family Health Insurance? Question 1: Do you Cover Pre Policy Medical Cond

Ask any parent to list their priorities in life and you’ll get child education on top. Every parent wants his/her child to get the best quality education from the top universities in the world. However, with the rising cost of education, the desire is only possible if there is a viable child education plan in place to cover the cost.  A child insurance plan ensures your child gets the education he/she deserves without putting a hole in your pocket. Therefore, if you haven’t thought about it yet, it is high time that you do. Having said that, you must control your nerves and follow the prerequisites in order to get the best investment plan for your child.  1. Understand the Educational Goals Planning your child's education is a good thing, but make sure you know the interests of your child in the early years to get a clear picture of the future requirements.  2. Assess the Future Requirements In order to save the right amount, you must know the right amo

A car insurance policy provides coverage for your car and any related third party liabilities. A generic plan provides coverage for most of the aspects, but there are limitations as it does not include all the necessary aspects. These remaining aspects can be covered by add ons. Third party car insurance plans provide coverage for property damage, death and physical injuries for the ones who suffered due to the driver. Such plans do not cover the driver. Collision insurance covers the damage of collision as clear from the name. Comprehensive plans provide coverage for the driver, the car as well as any, third party involved. However, the three types of insurance plans do not include damages of the engine, gearbox, oil leakage, car parts, accessories, road assistance, water damages and oil leakages, among many other things. In case of such damages, an add on insurance can help save quite a few bucks.  So, listed below are the most popular and practical add on plans wo

The prospect of having a baby is accompanied by a wave of happiness and along with it, there are concerns related to the well being of the little one. It is natural for parents to feel protective about their child and with the same intention, opting for an insurance plan is important so as to secure the well being from a financial perspective. Securing the health of the unborn child and the expecting mother is done by opting for a maternity insurance plan . Agencies providing these policies offer customised plans to cater to the specific needs related to the health of the baby and the mother. Health Insurance Plans with Maternity Coverage These are basically normal health insurance plans having an add on feature of maternity coverage for a maximum of 2 deliveries. Policy providers of the likes of HDFC Life, Max Bupa, TATA AIG offer such schemes. You May Also Like this-   What is Maternity Insurance?   Maternity coverage include the following: Costs of hospitalizat