All Insurance News and Plans

Many people opt for cashless health insurance ensuring enough convenience in getting admitted to the choice of hospital. With cashless facility insurance schemes, the insurance provider settle the bills in case of hospitalization. Moreover, the coverage is quite higher like up to Rs 15 lakh. Let us checkout 5 best cashless health insurance policies to get- Bajaj Allianz Extra Cover- This health policy allows you to get treatment in more than 3000 network hospitals. The policy offer single premium coverage for the entire family. One of the best things is the premium you pay is budget friendly. Apollo Munich Optima Restore Health Insurance- This policy comes with the features like- A wide range of coverage. It offers both individual and family floater policies. Lifetime renewal facility Organ Donor and domiciliary treatment covered E-opinion for critical illness available ICICI Lombard Health Care Plus- Some of the benefits you get with this health insurance pol...

Investment is crucial regardless of how stable one’s job is. Thus, if you are planning to buy an insurance, here are some tips for beginners who don’t know how to approach and start investing smartly. Determine the amount  Calculate how much to save and choose an investment plan that goes in concordance with one’s suitability. It is ideal to save at least 4 percent of the income.   Research about all investment plans  Research about all the investment policies to shortlist the best ones. Some are safer but give low returns while other are risky but hive high returns. Understand safer alternatives  A lay person might find it difficult to invest in sticks as it requires careful analysis and study of the current trend. It is safer to invest in real estates, provident funds, and life insurance investment plans as they involve minimum risk and give assured returns. Invest in more than one plan Do not invest all the money in just one po...

While you opt for two-wheeler insurance it is always reminded that you should renew your insurance from time to time to ensure that it does not lapse. While you should look into the terms and conditions of the two wheeler insurance policy before you opt for it you should always remember to keep track of the time when you need to renew. There are various benefits of renewing your two-wheeler insurance: Makes you a law abiding citizen:  The motor insurance policy you opt for needs renewal from time to time. When you are regular in renewing the terms of your insurance policy, you not only save your policy from lapsing but you are also a law abiding citizen that stands clear of both defaulting and falsehood. Any type of record like that is a blotch on the character of a citizen and it is rather advised to be off any record. Stay insured:  The proper renewal of your motor insurance not saves the insurance and you don’t have to pay extra money to clear its l...

"I love bikes and I want to make sure I am capable of driving one for a long time and thus, I took a long-term motorbike insurance plan instead of a short-term one." This is something one of my friends told me while I was stuck with the dilemma of whether to go for a short-term or a long-term two wheeler insurance. Since having a third-party and a comprehensive two-wheeler insurance in India is mandatory, not buying an insurance wasn’t really an option. Therefore, after a lot of contemplation and through research about the pros and cons, I decided to take a long term two wheeler insurance plan .   Accordingly, if you are planning to buy a bike or are in pursuit of buying a two wheeler insurance for your bike, here are a few advantages of going with a long-term insurance option. Renewal won’t be an issue:  Let’s accept the fact that renewing your insurance policy after every year is quite a conundrum. You not only have to find a good insurance policy , you m...

It’s always good to be aware of the benefits you get by purchasing a particular product or service. This gives you an edge and keeps you prepared at every point of time. The same applies to people planning to or already having a car insurance in place. Knowing the available coverages is always a good thing. You are always aware of the damages you’ll have to pay for and the damages for which you can file a claim. This not only makes you a smart buyer, you also end saving a lot of money which could have been wasted towards covered-damage-expense (expenses which are covered by insurer) payment. That said, if you aren’t aware of the coverages available with a basic car insurance policy, we are here to help you out. 1. Bodily-injury liability:  If your car has injured somebody else then bodily-injury liability-insurance feature will help you out. Also, if you're not the only one using your car, the names of other members using it should be included within the list...

Having health insurance in place is an essential requisite, especially for those prone to face health issues every now and then. Though the importance of health insurance is quite evident, the two primary reasons to subscribe to the product are:- You and your family members (whoever is covered as per the policy) are covered against medical expenses incurred at any point in their life. This helps you save a huge chunk of money which would have been otherwise used to pay those expensive bills if you haven’t had health insurance in place. Medical insurance allows you to claim a tax rebate for the amount paid in a year as premium towards the insurance.  You Must Know - How to claim Health Insurance Plain? Tax benefits for health insurance subscribers. You can claim a tax-exemptions up to Rs. 75000 for the expenses incurred for a dependent disabled person in your family. These deductions are available under section 80D of the Indian Income Tax laws. Please check th...

As per the mandate issued by the Government of India, third-party insurance is a compulsory requirement for every car and motor vehicle owner. Apart from that, the mandate also makes it necessary for automobile owners to have comprehensive car insurance in place. This not only covers the insured from the expenses incurred in a road accident, but the legal financial liability to the third-party is also paid off by the insurer.  So, in and all, having insurance is more than essential. That said, it is equally essential to be aware of your car's value for determining the most suitable auto-insurance coverage. How? Is there a way one can determine the actual value of his/her car before taking insurance? The answer is YES. One always has the option to determine the car’s replace-cost versus cash-value. What is a car’s replace-cost versus cash-value? As the terms suggest, 'actual cash value' is the value of a car at any given point of time. The same is determined w...