A health insurance plan extends monetary protection to you and your loved ones in the event of hospitalisation or a medical emergency. That said, health conditions differ from person to person and so one size doesn’t fit all. Hence, the health insurance sector offer different plans to ensure every individual gets a health insurance policy as per their needs.
In a similar line, below are some of the health insurance policies currently offered in India. Individual health insurance policy: As the name suggests, if you wish to insure just yourself, then an individual health insurance policy is the one you should pick. Family floater health insurance policy: Again, as the name suggests, family floater health insurance scheme provides health coverage for the entire family. Top-up health insurance policy: The available coverage of an individual health insurance might not be sufficient in some cases or in case of some people. This is where top-up health insurance policy helps. Critical illness health insurance plans: If you or a loved one is likely to suffer from a critical illness such as a heart ailment, kidney failure or cancer, you should consider a focused critical illness insurance policy. Group health insurance policy: A group health insurance covers the healthcare expenses of an entire group. A common example of group health insurance policy is the one that you are provided by your employer. Personal accident cover: As the term makes it very evident, protect your health in the event of an accident by subscribing to a personal accident cover. You can read also: An Overview of the Different Types of Health Insurance Policies
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As an employer, it is the responsibility to protect employees and workers from work-related injuries, accidents, disability or any other hazards. For this, an individual organisation can opt for the right Group Health Insurance for the employees. Some of the health insurance also extend their coverage to families along with the employees. Buying Health Insurance for groups or employees is beneficial to both employees and employers. Here are some of the prominent benefits: For employees:
Read Also: How Group Health Insurance Policy Can Benefit Both Employees and Employers You may want to cancel your insurance policy for a number of reasons. You may be unhappy with the insurer’s service, find that your insurance policy doesn’t meet your needs, or consider the coverage to be insufficient. You may feel like you have purchased the wrong policy because of a lack of information or insufficient research. Alternatively, you may find that your policy is extremely expensive. When your insurance policy isn’t working out for you, here are some of top options to look out for - Free-Look Period
Any good insurance policy in India comes with what is known as a free-look period during or a period where you can check out the terms and conditions pertaining to the insurance policy and get your doubts clarified. If you find that the policy is not as per your expectations, then you can opt out of it and the insurer will refund the premium after deduction of the necessary risk period for the time that has elapsed, stamp duty charges, and costs of medical examinations which were incurred by the insured. Porting Simply put, it refers to switching from one lender to the other. This is usually done not only to avail better services but also for reducing the premium amount which is paid. The biggest advantage here is that you can carry forward all the benefits which you have collected in your old health insurance policy. Read Also: Are You Unhappy With Your Insurance Policy? Here’s what to do A substantial section of the community is profoundly unaware of the privileges and the facilities home insurance provides. Read to know about some of them.
Policyholder The person who is paying and purchasing the insurance policy is the liable policyholder. Premium Amount The sum that the policyholder is paying to the insurance company to keep the insurance intact is the premium amount. Premium Paying Duration The time frame, within which the policyholder decides or has to pay to keep the policy live. Premium Paying Mode Most Home Insurance companies provide flexible options to a policyholder in terms of paying the premium amount, yearly, quarterly or half-yearly. The Sum Assured Sum assured is the amount that is paid to the policyholder in case something unexpected happens to the person concerned i.e. death. Nominee for policy In case the person concerned passes away, the next person to which the Home Insurance carries onto is the Nominee i.e., a second policyholder. Policy Term Policy term is the total duration for which the policy is valid. Claim in policy Any monitory compensation/ reimbursement in the tenure is termed, as a claim. Deductible The sum of money, that the homeowner or policyholder has to pay before the policy comes into play/live. Depreciation The decline in the estimate of the property due to several factors like natural calamities, ageing etc. is known as depreciation. Endorsement Any new add-ons or enclosure provided with the clause of the policy is referred to as an endorsement. Underwriting The process adopted by the insurer, which includes the eligibility criteria and the premiums for the policy is underwriting. Having an insurance policy is a great way to build a safe future for yourself and your family members. Read Also: Which Important Home Insurance Terms Should You Know? As your parents' age with time, the best gift you can give them is a health insurance plan. The faster you buy it; the better it is. But before you do so, there are many things to consider such as your parent’s age and their medical history that is likely to create more diseases. Here are some points that can help you select a plan for your parents. 1. Pre-existed diseases Check the pre-existing diseases because if your parents need to get hospitalized due to it, you will be unable to claim for it. Choose a plan without any capped limit to the diseases covered. 2. Top up health insurance policy Base health insurance do not cover dangerous diseases like heart failure and cancer. So consider purchasing a top-up policy in addition to the base plan. 3. Cashless facility You can get a cashless treatment if your insurance provider has tie-ups with the hospital you visit. Make sure that these network hospitals are in close proximity to aid during emergencies. 4. Co-payment It is the amount you have to pay along with the insurer’s part and depends upon your parent’s age. Choose a policy where co-payment is less. 5. Hospital room utilization Some policies have restrictions on the rent of hospitalized room utilization. You will be charged at 50% if you chose a room that exceeds your eligibility. Read Also: How to Choose the Health Insurance Plan for Your Parents? These are some of the points to keep in mind before choosing a health insurance. You must also be particular while choosing the insurance provider. Medical Insurance is indeed a must need for every family. In this world full of uncertainties no one can predict what’s going to happen to him/ her the next moment, when one may have to undertake a surgery or face a fatal accident. So it’s always better to be prepared and stay secured for tomorrow. The Cost of treating patients in private hospitals was forever high, but standing in recent times the price hike has reached to a whole new level altogether. Nowadays treating a patient for some simple ailment also has become so costly that it’s really difficult for any person to bear the cost without any backup support. Government and family medical Insurance bodies have different policies and benefits that may suit an individual or their whole family. Private insurers have different plans like family floater plans, critical illness plans, top-up plans, and hospital cash top up policies. Benefits of family health insurance can only be availed when a person is hospitalized and there are two methods of getting the amount, either the total cashless benefit or reimbursement of money after hospital stay. According to the income tax act that person who avails these policies can also claim for tax deduction. It is advisable to be done with the policy for an individual or family health insurance at a very early age or the amount of premium that one has to pay becomes much more. Categories in which health insurance plans can be classified are:
Keeping in mind all these beneficial plans one should definitely opt for a health insurance policy beforehand to manage their unexpected health expenses at minimal amount and without any hassle or fear. Most of us are tempted to ask the question: Why should we buy life insurance at such an early age? We should remember that thirties is the prime decade of our life when we are settled in our career and are burdened with few responsibilities. According to most financial advisors, getting life insurance at thirty is a practical and prudent approach to economic planning for a secure future. Here are eight reasons to clarify the need to buy life insurance in our thirties. Economic security for family: It is quite normal for most of us to start a family when we reach our thirties. A life insurance plan will cover the financial security for your loved ones.
Early beginnings ensure affordable premiums: Lower the age at which we buy the policy, lower is the rate of the premium. Term policies: There are several types of life insurance to suit your needs. While a level term ensures equal premium and death benefits, decreasing terms mean decreasing advantages with the progress of time, hence these are relatively cheaper. Coverage of debts: Mortgages, unpaid student loans as well as credit card debt will be covered by your term policy even after your death. Tax deduction: Under some constitutions, the premium paid for the insurance is considered an investment for which tax would not be levied. Locking premiums: Unlike health insurances, you can buy life insurance and lock the premiums ensuring that the amount will not increase during the tenure. Amenities for children: Many types of life insurance policies cover extra expenses for children without constricting your lifestyle. Business expenditures: Purchasing life insurance policies mean there will be capital left to execute business deals if a mishap occurs to the owner. Additional Read: Top Reasons Why You Must Opt for a Life Insurance Policy Being responsible for your future might not be fun, but it is rewarding in the long run. Turning thirty means entering a major phase of one’s life. At an affordable rate, you can secure a comfortable future for yourself and your family. GST - Goods and Service Tax, even though people weren’t ready for it, the same was brought into effect to replace the traditional tax system. Now, though it has already been 2 years, people are still finding it difficult to gauge the possible impact of GST. The primary reason is the GST slab which isn’t popularly defined because of which people still are not able to categorise and determine the applicable GST.
The same is true for people planning to buy a life insurance or any other insurance for that matter. The latest changes in insurance policies, though stated clearly in policy documents, are still not clearly understandable. Hence, let us talk about the possible impacts of GST on life insurance schemes. 3% additional GST on Premiums! As per the previous tax structure, a tax of 15% was levied on life insurance premiums. However, post GST, people will have to pay an additional 3% GST on insurance premium. For instance, if you were paying Rs 40, 000 every year against your life insurance policy which is inclusive of 15% service tax, you will now have to pay an added 3%, i.e. an extra amount of Rs. 1200 on the premium. Read Also: Effect of GST on life Insurance Policy Premium Amount GST impact on individual insurance schemes:- In case of endowment plans, service tax of 3.75% was previously imposed therefore the GST impact is not much on these schemes: the revised service tax has been increased to 4.5%. In case of term insurance plan, the service tax post GST would be 18%. rekking is the most exciting part of travelling. Not every person indulges into trekking activity, but if you are beginner and keen on trekking then there are few things to consider.
Seek Trekking Insurance The very first thing to consider for peaceful trekking is getting trekking travel insurance. There are finance insurance companies offering trek insurance featuring immediate assistance, comprehensive coverage, and easy documentation. Getting insurance coverage will give a sense of confidence against accident. Good Practice Train yourself by building stamina and good diet which is really important to have good trekking experience. You need enough energy for trekking purpose. Do proper packing Packing for trekking is really important. Carry right cloths and gears required for the trekking purpose. From trekking shoes to layered cloths, everything is important. Seek assistance from other trekkers online on packing. Choose easy trek- Since you are doing it for the first time, choose easy trekking route. This will help in gaining confidence for the next trekking. List down the treks that are short and easy to reach. This will help to know how to trek for large distance. You can also read related this topic: Trekking for Beginners: Plan Your Journey with Peace Accidents come in unannounced and can happen with anyone resulting from severe injuries to life-threatening fatalities. These accidents can cause hospitalization expenses to swell pretty quickly and thereby depleting one’s savings in a matter of seconds. This is what makes accident insurance policy so important as they provide coverage against unexpected expenses that can arise from accidents and provide a lump sum amount owing to the loss of employability resulting from physical impairment or death. Some of the top reasons why you must invest in an accidental insurance policy are as follows - Unpredictable Nature As has been mentioned earlier, accidents can strike anywhere and anytime. It can lead to total or permanent disability and eventual death owing to which you can lose the source of your livelihood. The problems can get compounded further if you are the sole earning member in your family. In such cases, an accidental insurance cover is the best recourse and should thus be applied for beforehand. Compensation In cases arising out of the loss of work or death of the earning member, an accidental insurance cover provides compensation in the form of a lump sum amount or a monthly payout, whichever is chosen. This is highly important as we cannot choose when and where an accident will strike but we can surely choose the quality of life of our family members irrespective of whether we are around or not. Tide Over Recurring Expenses While a health insurance can help cover the medical costs when the victim of an accident has been hospitalized but it does not cover the out-patient charges. In such a scenario, sources of income can get really bleak when the sole earning member has to make multiple visits for check-ups. Further, how will the costs of the recurring medical expenses arising out of monthly medical bills be covered? The monthly income provided by the accidental insurance cover can thus be of immense help in such a scenario. You can also visit this topic: Why do I Require Accident Insurance When I’ve Life and Health Cover? Many people use the trains in India daily to commute to work. This goes without saying that numerous incidents occur while using this mean of transport regularly. Here are some tips to keep yourself safe during your travel in India.
Follow these tips to reduce any catastrophes. Travel safe! Read also like this topic: Safety Tips During Your Travel in Trains in India A group health insurance is highly beneficial for the employees of an organization, as it offers coverage to members or a group of people working in a company. The company where you are working can either designed a plan themselves or select pre-planned insurance policy for the employees. Let’s check out the benefits of group health insurance for employees: 1. Default Insurance Cover:
With group health insurance, all members or employees of a company can get auto-coverage for being part of a particular group. It also offers insurance coverage even to people who are without any insurance. 2. No Need of Medical Check-Up: For group health insurance, there is no need to undergo any sort of medical check-up or submit your medical documents or reports for enrolling under a group medical plan. 3. Offers Value to People: Group insurance is for all members of a particular group. It offers higher value to the employees looking for medical insurance but can’t get it at a reasonable price range due to their current health condition. 4. No Waiting Period: There is no waiting period in this insurance plan, as health conditions like diabetes, heart problems and more are covered from the Day 1. 5. Full Maternity Coverage: Even maternity coverage under group health insurance is covered from the Day 1. All the maternity expenses are covered under this insurance and that too on an immediate basis. 6. Beneficial for Employee’s Well-being: A group health insurance is important for securing the health of organizational employees, as well as their families. It gives peace of mind to employees knowing their medical bills will be taken care of by their company. You can also read this topic: Reasons To Opt For Group Health Insurance Policy They say ‘health is wealth’ and quite rightly so because if you do not have a good health, then you will not be able to enjoy your life to the fullest. Realising the importance of this saying, many people have now become increasingly conscious of their health. Despite this, owing to our increasingly sedentary lifestyle and habits, every now and then we do become prone to some or the other form of illness. It thus pays to have a health insurance in place which secures not only you but your family too. Insurance plans are exempt from hefty GST slabs and further bear a lot of your medical expenses. With increasing number of health insurance companies now available and more number of people opting for them, the premium amounts have also gone down considerably. A number of initiatives have also been started by corporates to provide health insurance facilities to its employees. You can avail this facility only if you are an employee of the company. This is why it is best to have a back-up plan in place.
So, who do you choose the right health insurance plan? Here are the key factors to remember - Cover Amount You should always opt for a plan which provides the maximum cover amount. This ensures that with rising inflation your medical costs, including the costs of treatment are always covered. The sum of the policy should be decided by taking into consideration your age and marital status because with age our body’s natural defence tends to weaken. Also, if you are married, you should keep in mind your spouse’s health and medical history and decide for the cover amount accordingly. Read Also: India’s Best Health Insurance Plans to Choose Waiting Period Most plans come with a waiting period which must be adhered to after purchasing the insurance plan. It is only after the waiting period does your health insurance plan kick in and allow it to be used. You should ideally opt for the one which has the least waiting period. Life is very much unpredictable and problems come unannounced. One can never know their future or what turns their life might take. In order to live a stress free life, a life insurance policy is recommended by professionals. Life insurance is a kind of security that helps your family stay secured and make ends meet in their daily lives, even when you are not around. Bajaj life insurance is considered as one of the best life insurance companies in India. Life insurance has a lot of benefits depending upon the type of product purchased. Some benefits are as follows:
1. Financial protection for your family: The most obvious reason to buy life insurance is to protect your family from financial problems. Say, if there is a sudden death of the family member who used to earn for the whole family, how will the others survive? Insurance provides support and cover living expenses for your loved ones. 2. Low cost, Better benefits: By paying a very small sum money as premium, Insurance companies provide comprehensive payouts. Bajaj life insurance provides exclusive coverage which is more than 10 times the premium paid. 3. Tax Benefits: Taxes can be saved through insurance policies no matter what plan you buy. Under Section 80C of the Income Tax Act, investments made in the specified instruments are subject to rebate. Additional Read: Reasons to Invest in a Life Insurance Policy It goes without saying that life insurance is an absolute necessity. Life insurance protect your heirs to suffer financially when you die. It is better to buy a life insurance when you are younger. Life insurance policies are very affordable nowadays. I believe it is one of the best investments one can ever think of. Should You Opt for a Long Term or Short Term Policy When it Comes to Two Wheeler Insurance24/1/2019 Most people tend to be under the impression that it is a four wheeler which needs insurance. The truth is it is wise to opt for an insurance policy for your two-wheeler as well. Most people however find the process of renewal a rather daunting task, most because of the premium which needs to be paid. People seem to be divided on the rate at which they want to pay their premiums. While some want their premiums to be paid every year, there are others who prefer paying it after a few years. The two wheeler insurance policy which is renewed every year is known as a short-term insurance policy while the other is known as a long-term insurance policy. Most two-wheeler owners are unable to decide which insurance policy to opt for. Here are thus the pros and cons of both.
Short Term Insurance These are those insurance policies which are for a year or less. Owing to the small period for which they are opted, they are named that way. Read Also: Long Term or Short Term Two Wheeler Insurance? Some of the benefits of this kind of insurance policy include less premium and bonus rewards such as “no claim bonus” which can be claimed each year. The cons on the other hand include the time and effort required to the insurance policy in getting it renewed and also if any changes are introduced in the policy you need to be prepared for them once you renew it. Long-Term Insurance These policies can go up for a period of a few year because of which they are known as long-term insurance policies. The benefits here include the fact that you invest in the premium once and you forget about it. Even if the price of the premium changes, you do not have to worry about it. The rewards including “no claim bonus discounts” are also higher. The disadvantages on the other hand include the big factor of suitability. Such an insurance policy is not suited for old vehicles because they are subject to their own wear and tear and as such any amount which is paid will become redundant. The premium amount is also on the higher side because you are paying for a few years worth of insurance. India, apart from being a culture-rich nation, it also happens to be home of 133.92 crore people and each one of them follow a different religion. To be precise, India is home to at least nine recognized religions. Hinduism, Islam, Christianity, Sikhism, Buddhism and Jainism are some of the major religions practiced in India. In other words, we have more than what people would call ‘enough’ when it comes to religious places. In fact, some of the Indian cities such as Haridwar, Varanasi, and Allahabad are world famous, and are regularly visited by foreign tourist from across the world in search for spiritual awakening. Now, no matter how much we reject the claims, these religious places are quite famous for not-so nice things such as theft and fraud. Thus, it becomes essential for people visiting these places to take a pilgrimage insurance as a precaution. This becomes especially essential for people planning to visit the Mahakumbh taking place in Allahabad a.k.a Prayagraj this year. The committee is expecting at least 13 to 15 crore people are expected this year.
Read Also: Protect Yourself At 10 Most Visited Religious Places In India With Pilgrimage Insurance What is pilgrimage insurance? As the name suggests, this product is like a travel insurance scheme designed especially to meet the specific needs of pilgrims. The insured is covered against any and all cash emergencies that may occur during their trip. The key takeaways of pilgrims insurance are:
Health insurance plans not only cover the cost of healthcare but there are a number of other benefits of opting them. Not all including even the policy holders known about it owing to lack of awareness. This is why you should carefully go through the benefits which have been listed below - Lifelong Renewal There is an cap on the entry age varies from one insurance provider to the other but a lifelong renewal means that you can keep enjoying the benefits of the health insurance even after you are past the entry age. There is an cap on the entry age varies from one insurance provider to the other but a lifelong renewal means that you can keep enjoying the benefits of the health insurance even after you are past the entry age.
Restore Benefits This is also known as recovery benefit. This is a lump-sum amount which is paid to the insured after getting discharged. The amount is paid so that the insured can take care of her/his day to day expenses till she/he is ready to get back to their normal life. However, the condition here is that the insured must be hospitalized for a minimum period of 10 days to receive the benefits. Medical Concierge Services This refers to a host of services which the insured can make use during the period of her/his illness. This includes booking appointments, making arrangements for bills and prescriptions, getting contacts of medical professionals and many other services. Even though this feature is being currently offered by a select few insurance providers it will gradually see other providers adopting it as well. Read also related this topic: Lesser Known Tax Benefits of Health Insurance You Must know Purchasing the right car insurance can not only save you money but can provide extended financial help, in times of need. To pick the right car insurance there are tons of things which you must be aware of to make informed decisions. Let’s know about them here - Type of cover: You would need to invest in third party car insurance as it is mandatory by the law. This will cover costs incurred due to injury, damage to their vehicle, legal fee and even death to any third-party due to accident with your vehicle. Also, to make claims in case of an accident you would have to get Own Damage cover which protects the vehicle from damage. You can choose a personal accident cover for yourself and c-passengers as well as add-ons such as zero depreciation cover, 24/7 roadside placement and so on. The best investment is a Comprehensive car insurance which includes all the above mentioned along with any damage to your car from vandalism, fire etc. Claims process: While, purchasing the insurance make sure you buy from a provider who offers 24 x 7 x 365-day claim reporting. This is crucial because in case of an accident you wouldn’t have to wait for the next working day to receive financial help to manage the stressful situation. In case, if you wish to change your insurance provider you get the No Claim discount from the new provider to get the premiums reduced of the future. Read more like this topic: Questions to Ask Before Buying Car Insurance Apart from the renewal cost going up, there are a couple of other things that happen once the insured files a claim from his/ her insurance. What are they? Read on to find out. 1. Reduced Benefit Since the coverage an insurer is supposed to pay to the insured is already defined, the sum Insured is reduced corresponding to the amount already paid in the settlement for the remaining time of the policy year. For instance, if the total coverage available was Rs 5 lakh and 3 lakh has already been claimed, the coverage for the remaining time (before the policy is renewed) would be Rs 2 lakh. Apart from that, the policy provider may even ask the policyholder to renew the insurance the following year. If that happens, the renewal will be done at an increased premium. This concept or process is known as ‘loading’ and is a practice followed by almost all insurance provider. That said, every insurance provider has a different way of levying the loading charges and thus, you must check with your insurer for clarity on this matter. 2. Daily Hospitalization Benefit and Surgical Benefit There are different kinds of insurance policies and family floater is one of them. However, the only difference between all the other insurance schemes and family floater scheme is, the latter provides financial assistance at various installments during the entire course of the treatment.
Some of the health policies are ULIP-based: limited premium payment period yet whole-life policy term. Hence, if your family floater is ULIP-based, there will be no changes in daily hospitalization and surgical benefits. Related Topic: What Happens to the Health Policy Coverage Once a Claim Is Filed Exclusions in Life Insurance Policies Life insurance policies are essentially contracts that are provided to cover for any risks to life of the insured person by the insurance providing company. The insured individual has to pay a certain sum of money till the time of her/his death. On her/his untimely demise the amount so accumulated gets transferred to the nominee. However, like every policy, life insurance too comes with its own set of riders as not every incident leading up to the death is covered. Some of these exclusions are as follows -
Adventure Activities Accidental deaths are covered but not those which are covered owing to adventure sports such as motor races, skydiving, rock climbing, paragliding etc. This is because the policyholder does not take the necessary precautions to eliminate all the risks and she/he knows that such activities might result in death. These days, however, some life insurance providers have started providing cover but the premium in such cases is quite high. Lifestyle Risks There are some medical checks which are conducted when a policy is issued. Apart from these, insurance companies also ask the applicant whether she/he has any drinking or smoking habits. This is because these two kinds of people have a much higher fatality rate and are thus charged a higher premium for their policies. Thus, if you do not disclose that you are regular drinker or smoker, then at the time of your death, the insurer has the right not to pass on the benefits to the nominee. Aviation Risks Deaths due to plane crashes when traveling on a private plane is not covered by insurance companies. However, if the same journey is made using a commercial flight with a proper ticket, then the crash is covered by insurance companies. Read Also: Common Exclusions in Life Insurance Policies Parenting brings along with it its share of joys and responsibilities too. Parenting is not an easy task and even though it is challenging, it is an achievement in itself. A parent becomes successful in raising a child, only when she/he becomes successful.
The best gift which can be given to any child is that of a bright and secure future. To achieve that, the best recourse is to invest in a child insurance plan. There are a number of schemes available today, but most parents tend to get confused as to which one would be the best. Here are thus a few points to help you choose the right one - Premium Waiver Benefits Many children plans these days come with a waiver advantage, either as a part of the plan or as an option. What this does is ensures that in the death of the parent, future premium charges are waived off till the time of maturity. It also ensures that the maturity benefit which had been set for a certain age remains on track apart from the death benefit which is provided. Equity-Linked Plans If you have the appetite to take risks and have time on your hands for let’s say ten years, then you can opt for unit-linked child plans. This ensures that you remain invested and get a good return on investment at the end of the tenor. However, such plans are subject to the uncertainties of the market and you should thus ensure that you factor that into your plans. Simple Endowment Plans If you believe that you will not be able to stomach the uncertainties of the market, then simple endowment plans are what you should opt for. More Related Topic: When Should You Plan For Your Child’s Future? No matter how much you argue, having a medical insurance in place always gives you an edge over others and let’s you avail the best medical facilities when the time comes. Having said that, buying just any random medical insurance policy won’t do, you need to subscribe to a comprehensive one - an insurance policy that provides coverage for all possible medical expenses. How to find out a good medical insurance policy?
The process is very simple and you can conduct a thorough analysis and comparison of quotes forwarded by different insurers so that the best one can be chosen easily and conveniently. Later on, depending on which one fits your bill, you can proceed and subscribe to either one of the available medical insurance schemes. That said, the first step of the process would be to decide whether to go for bank provided health insurance schemes or for the ones offered by different insurance companies. To decide between the two, you can consider the following factors.
Talking of which would be better: bank or insurance companies, the odds are always in favour of health insurance companies. But, the final decision is entirely yours! You must buy a medical insurance if it provides the coverages you need rather than which type of organization is providing it. Firecrackers are an essential part of every celebration as they light up the celebration. However, besides being beautiful they can also be cause for concern when not handled well. So, here are some smart ways you can avoid unwanted hazards especially when handling firecrackers and carry on the festivities.
Motherhood is a time of great joy for any woman, however, the period needs to be properly planned financially to enjoy it to the fullest. Otherwise, it can be a huge drain on the pocket. This is because in recent times, expenses related to maternity have gone up by leaps and bounds. There are thus some financial considerations to be kept in mind before planning for a maternity leave, a few of which are as follows:
A number of companies provide healthcare coverage. If you have one, here also you need to ascertain whether maternity coverage is provided or not. If it is, then you need to check with your HR what are the formalities for making a claim.
Related Read: Planning for Maternity Leave? A Few Financial Tips for You Maternity despite being a moment to enjoy involves a lot of planning and having the right insurance by your side which will bear the expenses of maternity. If you are looking for an insurance coverage, then you can find out about the lenders online. There are a number of financial institutions who offer health insurance. To know more, visit their respective websites. As per Motor Vehicle Act of India, it is mandatory to have a motor insurance policy for every individual who owns a two-wheeler or car. But, statistics have revealed that consumers who buy a two-wheeler, neglect the insurance part. Even if they opt for it, they forget to renew a bike insurance policy that protects them from a wide range of unforeseen problems, such as accidents, burglary, theft, and so on. Here are the benefits of a two wheeler insurance renewal:
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AuthorAlisha Antil is your best financial helper for insurance. She has a vast experience in finance and insurance and provide to you the expert advise in insuring your property and health. She has in depth knowledge and has written more than 1200 blogs on topics related home and car insurance. She also provide you with knowledge about home improvement and cooking. Categories
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