Purchasing a life insurance policy is an important financial decision, and there are several factors to consider that can impact the premium you’ll pay. Understanding these factors can help you make an informed decision when choosing a policy. Here are the key factors that affect the premium for a life insurance policy in India: Age […]
Motor vehicle accidents are unfortunately common in India. In fact, according to a report by the Ministry of Road Transport and Highways, there were over 4.5 lakh road accidents in India in 2019, resulting in over 1.5 lakh deaths. In such a scenario, it is important to have a motor insurance policy to protect yourself […]
No Claim Bonus (NCB) is a term used in health insurance in India. It is a reward given by insurance companies to policyholders who do not make any claims during the policy period. NCB encourages policyholders to stay healthy and avoid medical assistance. In this article, we will explain how NCB works in health insurance […]
Health insurance is an essential aspect of personal finance in India, as it provides protection against unexpected medical expenses. A copay is a commonly used term in health insurance, and it refers to the fixed amount that a policyholder must pay out-of-pocket for a covered medical service or prescription drug. The copay amount is usually […]
The unexpected always seems to happen in life. Although we care greatly about protecting ourselves and our loved ones with comprehensive insurance policies, this is not enough. There’s always more you need to do to ensure the safety of your most prized possessions. This is where a rider on your life insurance policy comes in. […]
Your work life may be stressful due to various duties and a demanding schedule. Those who have worked hard all their lives often look forward to retirement so that they may finally kick back and relax. Yet one significant component that goes missing in retirement is the monthly paycheck that you have been receiving throughout […]
The ever-increasing cost of healthcare, combined with the increased prevalence of diseases, has mandated the need for health insurance. More than half a dozen providers serve a variety of health insurance options in India. Each plan has certain advantages that set it apart from the others. If you find yourself in this position, narrowing down […]
Almost everyone will have to eventually leave working actively due to age or disability, also known as retirement. Having substantial retirement savings and monthly income from a pension is essential for a comfortable retirement. Hence, every hard-working adult should make retirement preparation a top priority. If you choose to disregard it, you may come to […]
Buying insurance is a significant investment, and you’ll want to invest wisely. How do you find the business insurance best suited to your company’s operations? Whether you’re a first-time entrepreneur just getting your firm off the ground or an established company looking to update your coverage, we’re here to make getting business insurance in India […]