Every Insurance Policy is of two types – Traditional Participatory plans With the guidelines of the IRDA, the money is invested and managed by the insurance provider. This allows your insurer to inform you about the amount and bonuses that… Continue Reading
Since the pandemic, the relevance of the MWPA act has been significantly increased in the insurance industry. By purchasing a Life Insurance policy through the MWPA act, you are creating an asset for your family, and all the rights of that policy… Continue Reading
The primary purpose of investing in life insurance is that it protects the livelihood of family members that depends on the existence of the policyholder. Insurance helps solve the problem of the family members having to fend for themselves by… Continue Reading
Definition of Lapsed Policy A lapsed insurance policy means that the policy and it’s benefits that you had purchased are no longer valid due to the non-payment of the premium amount on the due date. For instance, you bought your… Continue Reading
Is a standard health insurance policy enough? With the economic loss that Covid19 has brought to our country and the growing inflation rate of India, a standard health insurance plan is not enough for you and your family when times get bad.… Continue Reading
It took a pandemic to make people realise that a health insurance policy is a must at every age of your life. The importance of having sufficient medicare insurance coverage is an eye opener for many of us. Many of us have… Continue Reading
What are top-up and super top health insurance plans? A top-up in health insurance plans offer additional coverage over and above the current health insurance threshold limit that you have. A super top-up also offers additional coverage in health insurance like the top up… Continue Reading
Property insurance in India protects us against various unforeseen events which could potentially cause damage and cost us a heavy amount that only insurance can save us from. It is important to understand the applicability of property insurance claims under different… Continue Reading
If you have experienced damage or loss to your insured property, applying for a claim can be quite daunting but rest assured, it’s quite an easy process if you have done your research and are cautious and vigilant throughout the… Continue Reading
A typical misconception about home insurance in India is that once you sign on that policy document, you’re now safe and everything is now covered and there can be no further discussions there. While a standard home insurance policy does provide you… Continue Reading