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Showing posts from September, 2019

Aspects to Check About Travel Insurance Plans Before Apply

Travel plans can demand sudden expenditure, which may come out of nowhere in the form of an accident or a theft, or even missing a flight. Travel insurance policies, though not quite a protection, can guarantee easy financial recuperation if anything goes wrong.Under its umbrella, policies are of several types depending on the travel plans themselves. Coverage for family vacations From loss of belongings to sudden medical expenses, anything can come up in a vacation with the whole family. There can be a situation where the family misses a flight due to some accident, which in turn can affect hotel reservation plans and so forth. A policy that covers such scenarios and the likes of roadside accidents or its likes are paramount for domestic travel insurance covers . Policies for trekking tours Demanding as well as in-demand of tour plans, these are especially popular among the youth. Trekking trips are wrought with uncertainties, and incidents like landslide or excessiv...

5 Tips to Buy the Family Health Insurance Plans in India

The need for insurance coverage is constantly increasing with the steady rate of medical inflation in India. With so many family health insurance plans in the market, it can be challenging for an individual to determine the correct scheme. However, here are few of the factors to determine the ideal one for yourself. 1. Low waiting period for pre-existing diseases Health insurance schemes come with a period in which you are not eligible to avail coverage for any pre-existing diseases. You should look to opt for a policy that provides low waiting period so that you can avail maximum healthcare coverage. 2. Maximum coverage amount Medical insurances have an upper cap on the amount you can claim. With the costs of healthcare increasing day by day, you should opt for a policy that offers maximum coverage to ensure the utmost protection for you and your family. family health insurance plans from reputed NBFC’s like Bajaj Finserv offer a coverage of up to Rs. 50 Lakhs. 3....

Advantages Of Buying A Travel Insurance Policy Before You Go On A Trip

Travelling to unknown destinations, especially abroad can come with a lot of unforeseen circumstances. It is always beneficial to stay protected against such scenarios before setting out. Availing a Travel Insurance policy from reputed NBFCs like Bajaj Finserv is one of the wisest steps that you can take before planning a trip. The various advantages that such schemes offer are - 1. Medical emergencies If you are suffering from existing disease, you should avail a travel insurance before you plan a trip. It will cover costs that you may require to avail the treatment. Also, if you fall ill unexpectedly during a trip, such policies will cover all your related expenses. 2. Trip cancellation Several circumstances may arise when you are required to cancel your trip. You can incur a substantial loss as you will be required to cancel your travel bookings, including hotels and flights. An insurance plan can help you in such scenarios as you will be entitled to avail cover...