All Insurance News and Plans

Financial emergencies are a sad reality of our everyday lives. However, proper planning in terms of saving at the right time can save you from a lot of unwanted stress. The market today is abuzz with custom schemes to let you manage your finances better and direct them to just where you want them to be. Here are some suggestions of low-risk, reliable savings options to choose from. Savings account This may sound cliche but its the age-old method of saving for the rainy day. Strive to maintain not just the minimum but adequate balance in your saving account to cater to unplanned financial obligations. Credit card Well, I am not suggesting to have multiple cards but just a single card with enough balance and no outstanding to help you tile over financial problems. Did you know that lending institutions offer the option of emergency loan on your card with interest-free period. Insurance  Choose to invest in structured savings plan which gives you assured returns upo...

In India, people spend all their savings for the treatment of a single member of the family and then the whole family suffers for it. But, still they do not apply for medical insurance. The awareness of medical insurance is very low in India. According to data from the National Health Profile (NHP), only 27% of Indians have medical insurance. Every day the health care cost is increasing. So, it’s high time to have a family medical insurance. But, before you apply for it, you should be aware of certain factors related to family medical insurance. Click Here to Know More Info- Best Family Floater Medical Insurance Plans in India Apply for family floater plan  You can apply for a family floater plan. This is a single policy that covers all the family members, so it will be economical. You will not have to get individual medical insurance plans for each family member, all will be covered under one plan. Even if you want to include a new member of the family like a new...

If you are planning to invest in term insurance scheme, it will be better to invest as early as possible. In this way, you will be able to save 6% on your term insurance plan premium. This is because, the term insurance premium is specifically identified with your age. If you apply at a lesser age, you will save more. If a person is less experienced in life and have faced less trouble in life, the hazard will also be less. However, if the experience is more, the hazard will be more. A term insurance plan can be best utilized for after death. It can be for paying your burial service costs. Or you can make the children or the grandchildren nominee and it will help to secure their future. If you invest in term insurance plan at an early age in your life, your will Get spare of 6% on your protection plan insurance premiums Get monetary security for a more drawn out time frame for your family The other rewards or benefits that you can get from a term insurance is the ...

Today, almost everyone is devoting their 9-10 hours of the day to work and stress. The rest time is wasted in traffic. We hardly get time to spend with our family and to take care of our health. Every day we are running to earn more and more money, but we forget to invest that money to keep our body healthy. So you need to invest in a health insurance plan to maintain the good health.  Read More- Avoid These Common Mistakes while Buying Health Insurance Plan Here are some of the tips that will help you to stay healthy: Do not eat too much - You should not eat mindlessly. Foods need time to digest. Do not eat while watching TV or while using mobile phone. Make it a habit to eat only when you are hungry. You should take 2-3 large meals only or 6-8 small meals. Drink enough water and other fluids – Water is the most important element for our body. You need to take 2-3 litres of water daily and stay hydrated. You can start your day with a glass of warm water mixed w...

Two-wheeler insurance safeguards against liabilities such as damages or injuries which that occur to a bike/ motorcycle and co-passenger due to an accident, theft or a natural disaster.  But did you know there are add-ons available to this policy too as given below.  #1 Cashless hospitalization saves you from the added of pressure of walking into a hospital with cash. Even if you don’t have the funds on you at the time of emergency you may get admission and start getting treated. #2. The two wheeler insurance policy covers the expenses incurred due to any kind of medical treatment involved. This is an essential cover as it saves you from unnecessary hassles to avail treatment in case of a road mishap or accident. #3. Personal accident covers injuries and treatment for full and partial disability to co-passenger on your two-wheeler. It keeps you covered in case your two-wheeler is involved in a serious accident.       Two Wheeler Insurance #...

The purpose of a car insurance is to protect you against damages both physical and financial in nature in case of a mishap. However, there may be incidences when the claim might get rejected due to mistakes at your end. Here are some of the reasons why your car insurance policy might get rejected. ●      Not having a proper driving license. In cases, where the license has expired, it belongs to another set of vehicles, it is fake, etc. may not get your insurance processed. ●      In case of an accident when you are found to be under the influence of drugs/ alcohol. Driving under the influence of drugs/ alcohol or drunk driving is prohibited by the law and may lead to your car insurance claim being rejected. ●      If you use a private vehicle for commercial purposes. For instance, if the vehicle is used as a passenger vehicle or as a public goods carrier instead of personal use. In such scenarios your claim ...

A health insurance becomes an inescapable need, especially for people who are no more young and healthy. As per a recent report by Mercer Marsh Benefits says the medical inflation rate will be double the inflation rate in 2018. The medical inflation rate will be 10 per cent in India, while inflation will be at 5 per cent. In layman’s language, it means, availing the basic health care amenities is going to get even more expensive, becoming impossible to afford from their own pocket. Hence, the healthcare plan becomes even more crucial for people who are prone to face health issues frequently elderlies. So, turn on your laptop and find out medical insurance schemes offered in your area. Follow the below-mentioned factors to compare the available options and come up with the best insurance policy for yourself.       Get more information click - Exclusions in Health Insurance Policies 1.Minimum Entry Age First and the foremost factor to consider is the minimum ...

More than 1.5 lakh people in India die in road accidents every year due to their rash driving or due to the negligence of others. Being more specific, 400 people incur critical injuries on a daily basis. These accidents can lead to death, or result in a permanent disability which can impair your earning ability. Given the fact that you are the only earning member of the family, either of the two circumstances can leave you vulnerable to financial crunches, making it difficult for you and your dependents to survive. If you can anticipate the possibilities, take the necessary precautions before the emergency breaks out - apply for a personal accident insurance policy.   Having said that, take it easy! Rushing into things is not getting anything other than a lot of regrets. Be calm and invest some time in conducting a comprehensive research. Find the best personal accident insurance policies available on the internet and compare them based on different factors. You can ...