All Insurance News and Plans

A card protection insurance plan offers financial coverage against the monetary loss from theft, misplacement, and fraud. It includes credit cards, debit cards, PAN cards, and also membership and loyalty cards in some cases.  An overview of card protection plan This insurance plan for cards works almost similar to other plans. Reputed financial institutions offer this plan against a certain premium. The validity of this insurance policy remains one year. Policyholders can also renew the plan every year to avoid the loss of its benefits.  How to opt for a card protection insurance plan? Follow the steps below to avail this insurance plan for your cards: Approach a lender who offers a card protection insurance plan and select a suitable one for you. Fill up an application form and submit it alongside the annual premium amount. After the payment is over, the insurer will send a welcome kit containing a confirmation letter, registration form, terms and conditions paper. On that r...

The electronics giant OnePlus gained worldwide fame for its flagship mobile phones. While OnePlus mobile devices accompany the best features in smartphone markets, they are on a costlier side.  Moreover, selected mobile parts like display, camera, etc., are susceptible to damage and repair costs can make a dent in one’s pocket. It is when a dedicated oneplus screen protection plan   comes to play.   Things to consider before availing a OnePlus mobile insurance plan Since almost all leading insurance companies offer insurance plans for OnePlus mobiles, choosing the best one is challenging.  Hence, individuals can consider pointers below to choose the best insurance for OnePlus mobiles:  Covers most damages  This insurance plan covers the repairing cost arising from accidental damage to mobile screen or handset. Policyholders can also claim the sum assured in case the screen or the handset is damaged due to water or other fluids.  If the mobile phon...

  Getting appropriate medical insurance for senior citizens is quite a challenge. These plans are too expensive and the senior citizens have to go through several medical tests to qualify for them. Therefore, you have to be careful while getting it for your parents. These are some things that you can analyze before getting a senior citizen health insurance plan: Entry age & Age cap  The entry age determines whether a person is eligible to get a health insurance plan or not. The entry age for senior citizen health care plans is usually 55 or 60. Some medical insurance plans also apply an age cap to their policies. It means that senior citizens cannot opt for these policies if they have crossed a certain age limit.  Ideally, you should get a senior citizen health insurance plan that allows entry at all ages and does not apply an age cap. However, such plans would also charge a hefty premium to the policyholder.  Policy renewal & Waiting Period  A provision...

Getting a health insurance policy is a wise decision because it protects your health and bails you from a financial crisis. Many people refrain from buying a health care plan thinking that it will increase their financial burden. However, if you don't buy it, there is a risk of losing a substantial portion of your wealth during a medical emergency. The reasons that make a health care plan ideal for protecting your finances are highlighted below: Rising medical costs  The cost of medicines, room rent, X-rays, blood tests, and all other medical expenses are rising day by day. A medical insurance policy secures your finances by covering all these expenses.  It also covers ambulance charges and provides reimbursement for the pre and post-hospitalization period. All of this ensures that your finances are protected even during a serious health concern or condition.  Expensive senior citizen health care plans  If you don't get a health care policy today, you will have to pa...

A health insurance policy ensures that your health risks are completely covered. However, as many health care plans are available in the market, you could find it hard to select one. Therefore, you must also see to it that the health care plan chosen by you covers everything from the ambulance charges to hospitalization costs. Here are a few other things that you can examine while purchasing a health care policy: Pre & Post Hospitalization costs  While recovering from illness, a majority of the expenses are incurred during the post-hospitalization period. Similarly, the doctors may administer medical support and expensive medications before admitting you for surgery or illness. Therefore, an ideal health care policy will offer coverage for both pre and post-hospitalization expenses.  Maternity cover  Maternity cover ensures that the medical expenses during the pregnancy are fully covered. Though some employers offer maternity benefits to their employees, it may not al...