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A travel insurance plan helps you tackle expenses incurred due to any unforeseen event during your trip. Given below are some of the benefits offered by such plans. 1. Insurance policies suitable for various requirements Under a travel insurance plan , you can avail several types of insurance policies to financially protect you. These include – Overseas travel insurance Student travel insurance Family travel insurance Domestic travel insurance Medical travel insurance Senior citizen’s travel insurance Group travel insurance Other than the ones mentioned above above, you also get to avail personal trip cover, trek cover, insurance policy for pilgrimage, road trip, adventure sport, trekking, etc. under the umbrella of travel insurance policies. 2. Comprehensive coverage You can claim financial coverage for various instances, such as: Travel and stays For any financial loss due to delay or cancellation of flight, lodging, change of route, issues with guest ...

The expenses associated with childbirth and maternity can be hefty. To manage such expenses required during your pregnancy you can avail insurance policies like maternity insurance plans. Before you purchase a policy, it is essential that you keep some factors such as sum assured, premiums, etc. in mind. Given below are some tips that you should consider before applying for an insurance plan. 1. Check the coverage Such policies cover you financially to bear several expenses such as- Hospitalisation Emergency ambulance facilities Pre-hospitalisation (30 days before hospitalisation) Post-hospitalisation (60 days after hospitalisation) Besides, you can also claim financial assistance for the expenses required towards diagnostic test, medicine costs, consultation fees, etc. 2. Know the application process You can apply for maternity health insurance plans conveniently on the official website of your preferred NBFC. To apply, fill an application form with the requ...

Loss of wallet as well as credit cards might cause huge financial loss to an individual. ATM frauds using stolen credit cards have increased in recent times. According to the reports of the National Payments Corporation of India (NPCI), about 90 ATMs and more than 641 customers were victim to credit or debit card related frauds in 2018. The total amount lost in such fraudulent transactions was estimated to be around Rs. 1.3 Crore. Various insurance providers in India offer card protection plan to help individuals deal with lost or stolen credit and debit cards more effectively. Coverage for credit card loss is also included in wallet cover plans offered by some financial companies. A wallet insurance policy also provides free replacement for PAN card. Tips to keep in mind while buying a wallet cover and credit card protection plan You must look for the following features and benefits in your credit card insurance plan and wallet cover - Easy card blocking facility -  Y...

Pregnancy can bring in various health complications, which can incur substantial expenses during the treatment. As a source of additional financial support, you can avail maternity insurance plans that offer you lucrative features and benefits, such as: 1. Coverage You get coverage for – Hospitalisation – Both pre (30 days) and post (60 days) hospitalisation expenses are covered under this insurance plan. You also get to claim financial assistance for expenses like nurses, bed charge, etc. Ambulance – All the ambulance or transportation charges required at the time of an emergency is covered under maternity health insurance plans. Medicines – All the post hospitalisation care including medicines, diagnostic tests, etc. are covered under this insurance plan. 2. Newborn care Newborn are also covered under this plan. Parents can claim coverage agasint the cost of treatment of their newborn in case they are born with a critical disease. In addition, these maternity...

There are certain insurance-providers who offer a comprehensive travel insurance policy which covers risks like baggage loss. Losing your luggage or any other belonging could leave you stranded in an unfamiliar place while you are travelling. Thus, before leaving for a trip one must ensure that the travel insurance plan covers loss of belongings. The coverage, terms and conditions of a travel cover vary from one insurer to another. While one company may provide compensation for the loss of an expensive item, another company might not. You can, however, find other ways to protect any expensive items when you go on a trip. Ways to have your expensive belongings covered The ways to have the costly items like mobile phone, camera, jewellery, etc. in your luggage covered are- Buy a separate insurance policy for the items -  You can register the expensive things you want to carry in your luggage if you have availed a travel insurance policy. You must also insure the exp...

You can enjoy a stress-free vacation with your friends and family when you have to bother the least about unforeseen circumstances. You might come across health or financial emergencies while on a holiday trip. Although you cannot avoid such inevitable situations, the best you can do is stay prepared to tackle these situations well. Investing in a comprehensive travel insurance policy from a reputed company is the best way to plan a vacation better. A comprehensive travel cover includes financial coverage against every potential mishap that could happen to you during a trip. To ensure that you receive the appropriate coverage according to the nature and destination of your vacation, you must choose the right kind of travel cover. Different types of travel insurance in India Some of the different types of travel cover plans offered by insurers’ are- 1. Domestic travel cover This insurance plan covers the financial loss caused by mishaps while you are traveling to a place within...

    Waterborne diseases are spread from contaminated water containing various pathogenic microorganisms such as virus, bacteria, intestinal parasites, etc. Certain waterborne diseases are extremely risky and require a long period to heal. Indians have now become more precautious about such diseases. Safety measures are also being taken by municipal bodies to keep water clean.  Additionally, precautions taken by individuals like availing water borne disease health insurance have allowed the infected tackle such emergency situations efficiently. Some of the most common waterborne diseases are- Diarrhoea-    It typically affects children aged below 5 years, and is spread from contaminated water and food. Cholera-    Consuming contaminated water can lead to cholera. It leads to dehydration through severe diarrhoea. Cholera could even turn out to be fatal if not treated in time. Typhoid-    It is a bacterial infection...

Vaishno Devi, located in Trikula Hills of Katra in Jammu and Kashmir, is a highly venerated pilgrimage site in India. The holy shrine is visited by thousands of worshippers every year. However, situated on a high altitude, Vaishno Devi shrine has extreme weather conditions. Pilgrims include travellers of all age groups. Thus, a pilgrimage venture requires pre-planning, several preparations and necessary protections. Travel guide to have a successful Vaishno Devi yatra To ensure you have a hassle-free and smooth pilgrimage to Vaishno Devi, you can follow these points- 1. Vaishno Devi pilgrimage insurance plan By availing such an insurance plan, you can address more than one point in your travel checklist. Also, you can deal with challenges and unforeseen situations better. Facilities included under a Vaishno Devi pilgrimage insurance are- Arranging hotels under emergencies. Emergency medical assistance. Blocking of credit and debits cards with just one call if t...

More than 7.46% of women are reported to experience miscarriage during pregnancy. There are several reasons why women experience this – from lifestyle faults to immunological disorders. There are various other types of pregnancy complications that expecting women might face during the gestation period: Preeclampsia High blood pressure might be developed during the tenure of pregnancy, which poses substantial health risks to both mother and unborn child. It also causes excess protein storage in your body, causing swelling of the hands and feet. If proper precautions are not taken during child delivery in case a woman suffers from preeclampsia; severe health problems might be seen in the baby. In rare cases, it might lead to the death of the child. Gestational diabetes Developing diabetes during gestation period might lead to several pregnancy complications, affecting the overall health and well being of both mother and baby. Diabetes generally disappears after birth; ho...

  Tourism in India contributes to 9.2% of its total GDP, proving the popularity of travelling among the masses. However, travelling comes with an associated set of risks and problems if proper precaution is not taken beforehand. This might put a dent in the holiday mood, as people have to remain on-guard during such tours. You can buy travel insurance to reduce this burden since assistance is provided in case of most unforeseen situations. Various unfortunate incidents can occur during times of travel when travel insurance can come in handy. 1. Injury/accident Physical wounds can occur at any time during travel. The chances of suffering any bodily damage are higher when you go on a trekking holiday, or places with immense snow, increasing your chances of slipping. In the event of such an incident, travel insurance covers all hospitalisation expenses, and emergency evacuation costs (if required). 2. Loss of baggage Losing valuable belongings on vac...

The total fertility rate in India stands at 2.3 as of 2019. This means that approximately two children are born every 1000 women in a year. However, the infant mortality rate of India still stands at 33% as of 2017, as per Census of India. This can be attributed to the high costs of pregnancy and childbirth, which are necessary expenses to ensure proper all-round wellbeing of your baby. Availing maternity insurance is your best bet for smooth financial planning and execution during labour and delivery. There are several advantages of opting for maternity health insurance during pregnancy: Reduces burden Pregnancy can generate financial stress on people as it comes with intricate expenses such as medicines, doctor appointments, pre and post-hospitalisation care. Pregnancy insurance comes in handy during such situations, providing coverage against hospitalisation expenses, expensive medication, etc. This reduces strain on all expecting mothers, thereby ensuring general well...

The journey to parenthood is long-cherished by those who are experiencing it for the first time. The prime responsibility for expecting parents is to take care of both the mother and the baby. As a result, there are several costs incurred during this time. Therefore, maternity insurance can save you from the financial burden and give you the opportunity and freedom to enjoy the journey. Activities like painless delivery vaccination, umbilical protection and many more have made the process of giving birth to a baby quite an expensive affair in India. Hence, insurance to cover all those expenses could be a saviour in such times. Features and benefits of maternity insurance Expenses related to maternity involve the hospitalization charges, nursing, consulting fee and a lot more. The inclusions are mentioned hereunder: Hospitalization It covers expenses concerning hospital room rentals, nursing fee, doctors’ fees, medical tests, and other charges related to hospitalization. P...

Having kidney stones is a common ailment in India owing to the cumulative effect of weather, water and diet along with the lifestyle. These stones can have a detrimental effect on the overall functioning of the body by growing in size and obstructing the urine flow. A patient is likely to experience severe pain and discomfort and the surgeries of the same cost a fortune depending on the condition. Therefore, to minimize the financial burden, you can purchase a policy offered under the Pocket Insurance & Subscription category, called the Kidney Stones Cover offered by Bajaj Finserv to get overage for your medical expenses. What does the policy cover? The insurance policy covers the following features: Diagnostics: All the diagnostic charges involved in doing the required tests before the treatment starts. Consultation: Expenses required for consulting the doctor during the treatment procedure is also covered by this insurance scheme. Hospitalization: Charges for hospit...

Health complications in India due to old-age is increasing at an escalating pace. This can be challenging for a nation that harbours a considerable share of the elderly population with marginal access to quality healthcare. Thus, to meet with this rising cost of medical care calls for comprehensive financial backing in the form of health insurance for senior citizens . Such tailor-made insurance schemes offer financial coverage to the elderly. Today, almost all of the country’s leading insurance providers offers comprehensive health insurance schemes tailor-made for senior citizens. Reasons to buy a senior citizen health insurance plan Considering the numerous health insurance for senior citizens available in the market, it is up to the policyholder to settle on one that offers the maximum benefits. Here the reasons why one should invest in senior citizen health insurance plan – To gain coverage for all pre and post hospitalisation expenses, which include cost of medicines, d...

Settling on an ideal health insurance policy can prove instrumental in providing the much-needed financial assistance in case of medical emergencies. As these are unavoidable situations, hence, investing in a proper health cover must be at the top of your financial planning. Aligning health needs with your financial goal is vital Pre-medical conditions like cardiovascular diseases, diabetes and respiratory diseases, among others, are on the rise from the sedentary lifestyle and polluted environment affecting health adversely. Considering the healthcare expense skyrocketing in the last couple of years, an unforeseen medical emergency or Illness can drain one’s savings. Therefore, when you plan your financial road map, a comprehensive health insurance policy from a reputed insurer can provide essential financial freedom and support your future financial goals. Acknowledging the nature of medical emergencies With a health insurance policy , the policyholder can focus on ...