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The medical inflation rate has seen an upward trend in the last couple of years. This, combined with the rising healthcare cost has changed how things used to work health insurance was a luxury earlier, today it’s a necessity. Thus, even if you don’t like the idea, find a good health insurance and subscribe to it before any unplanned medical expenses eat up all your savings. How to find the best health insurance plans?  Check the sum insured: Assess your medical needs, including the expenses related to your families like your parents, your spouse and your kids (if you have any). Add them up and find the total and make it inflation proof. To ensure the viability of your insurance plan in all circumstances, go for highest sum insured schemes. Check the network of hospitals: Before you buy health insurance in India online , look at the network of hospitals covered by the policy. This would give you an idea of how far you might have to travel to avail a cashless treatment.

A home is made after accumulating money for year. This is the reason why we keep it well-maintained and as much away from danger as possible. For the same reason, most people just add various layers of security to it. However, despite the best attempts, the security layers cannot it from financial damages in the event the house becomes the victim of an accident. In such a case a home insurance comes in. It protects the house from not just robberies but also natural disasters. There are a number of other advantages of home insurance . A few of which have been mentioned below - Complete Protection One of the biggest advantages of a home insurance is that it protects from different types of situations. These include natural disasters such as fires or any other such similar calamities. As such, it gives you complete protection from any kind of disasters or any other similar such situations. Household Belongings Apart from natural and man-made calamities, it also prote

While there is a rush which comes with riding two-wheelers, it also causes the most number of accidents. In fact, India records 17 death every hour due to two-wheeler accidents which is one of the highest in the world. Here are thus some bike safety tips which if followed can save not your life but those of your loved ones too - Wearing a Helmet While it has been mandatory for both the riders of a bike to wear a helmet, many still do not put on a helmet. This is highly dangerous as helmets have been known to save many lives. So, not only should you wear a helmet but also ensure that it is strapped securely and fits snugly. Following Traffic Signals A number of two-wheeler accidents are caused because of not following traffic signals. When on the road, it is thus important to not only to follow traffic rules and signals but to remain attentive of the movement of other vehicles, especially when braking or accelerating. Making yourself Visible No matter how big your motor

Especially in our country no celebration is ever complete without the use of firecrackers. But there is also a constant fear of accidents while use of firecrackers. To take care of such misfortune incidents you can invest in firecracker cover . This is a one-of-its-kind cover provided by leading lenders such as NBFCs. It provides cover against damages/ injuries or even death caused due to firecrackers. Let’s take a look at its features and benefits -  Get coverage of high value sum up to Rs. 1 lakh for your loved ones. This amount covers - loss of sight in both eyes, temporary or permanent injury to both hands and foot. You can easily apply for the cover online by simply filling up an online application form available online. Next step is pay up the premium and you are done. It is also advised to discuss terms of the insurance with your Relationship Manager to be able to make an informed decision.  It covers expenses incurred due to accidental hospitalization up to Rs. 2

Given the fact that health risks are growing day-by-day it thus becomes imperative to get top up on your existing health insurance. There are several benefits of top up health insurance plan . Let’s know more about it here. Before opting for a comprehensive health plan know the medical history of your family members or for whom you are getting the insurance plan.  Make sure to know if the plan will cover pre-existing diseases of the persons for whom you are buying the health insurance.  Compare and check the offers and benefits of various health insurance plans available to you. Take time to discuss details with the Relationship Manager what exactly are these additional benefits and how will they be useful for you.  While choosing a policy take into account the deductible claim. The simple rule is higher the deductible of the policy, lower will be its premium.  It is thus, suggested to consider getting health insurance from experienced providers so you can make the most

Investments towards health are the best investment, and the best way to do that is by subscribing to a comprehensive health insurance policy. However, there are people who take health for granted and never subscribe to a health insurance scheme. For those people, having a health insurance plan in place not only protects you from medical expenses but also help you claim tax benefits from your taxable income. YES! Subscribing to a medical insurance plan can actually help you save tax. Want to know how? Read on to find out. 1. Tax benefits under section 80C: When experts say, “health insurance is a good investment” they usually mean it in context of “health is wealth” because medical expenses can empty your pocket as well as compel you to take loans. In such a circumstance, an insurance policy pays the medical expenses incurred by you and helps you save your own money. Not just that, premiums paid towards a good life insurance or health insurance can be claimed as tax rebate under se

In case of life insurance plans, the dependents or the nominees are provided with an amount in the event of the policyholder's untimely death. Similarly, in case of home insurance it covers losses to the contents and the structure of your house due to man-made or natural calamities. It will cover your home from unforeseen and unwanted losses, such as storms, fire, lightning, explosions, vandalism, or just vindictive mischief. Home Insurance plans insure your house and all valuable contents inside your home, such as electronic items, jewellery, etc. You need to check a few factors before purchasing a home insurance: Cover Size An insurance for property will give a cover to your house against man-made or natural disasters. So,it is important to buy a sufficient Home Insurance cover. First know the property's reconstruction costs and the area it occupies. Assess your Needs Access the policy premiums that you will be required to pay. If you own an apartment, you

Diwali means two things - sweets and crackers. Now while crackers bring a smile on everyone’s faces irrespective of the age group, issues arise when anyone can get hurt because of them. There have been several instances all around the globe, not just during but whenever firecrackers are used. Firecracker accidents can occur can happen due to a number of reasons. These can be because of the cracker not bursting at the right time, carelessness on the part of the users, not following the instructions properly, or due to kids bursting crackers unattended causing injuries which can turn out to be rather grave at times. At times, people use firecrackers rather recklessly which can cause severe injuries to others. There have been many instances where people have lost eyesight or the use of their hands or feet or both. Some have even suffered serious burn injuries and been scarred for life apart from the mental and emotional trauma that comes along with such injuries. If you want to rem