A percentage of the claim amount, which is to be borne by the insured out of his/her pocket, as per the insurance policy, is termed as Co-pay. For health policy, it may range from 10% to 20%. Co-pay for health… Continue Reading
Term insurance plans are one of the best investment instruments that can be beneficial if you want to guarantee financial soundness for your family after your death. Every insurance company offers a range of term insurance options to choose from,… Continue Reading
As going by the definition, Suicide is “intentional self inflicted harm causing death” or “killing self by one’s own hand”. About 8,000,00 people commit suicide every year around the world and out of that 17% are from India. With the… Continue Reading
When it comes to life insurance policies, one of the primary things that emerge to the forefront is the tax benefits that these policies offer, besides of course, the insurance coverage. It goes without saying that saving on taxes is… Continue Reading
It is quite understandable that one gets into panic mode in case his/her insurance policy documents are lost or misplaced. However, you can put your worries to rest by applying for a duplicate copy in a prescribed form depending on… Continue Reading
Those who have health insurance plans with clearly defined benefits may have a choice in the near future to receive their claims either through a lump sum payout or installments or even a mixture of both. Those making claims will… Continue Reading
It is always hard to cope with the death of someone in the family. Life insurance is what makes sure that the family of the deceased does not have to face any financial issues in the aftermath of the unfortunate… Continue Reading
Insurance is a basic necessity in our lives today, be it health/medical insurance, life insurance, vehicle insurance and so on. However, in times of need, the rejection of any insurance claim can be a really traumatic affair and problematic for… Continue Reading
Health insurance is definitely a basic necessity for every individual. Rising medical and treatment costs are a major source of anxiety for most people in recent times, thereby making health insurance compulsory by all means. Health insurance claims help in… Continue Reading
While it is advisable that everyone should get a health insurance for themselves and their families, the needs would definitely vary from person to person, and likewise the cover amount. Those who are getting health insurance for the first time… Continue Reading