Q1: What is the difference between term and permanent life insurance? Permanent life insurance provides coverage for your entire lifes...
Seven common mistakes that people make when choosing an insurance
Buying insurance and buying the right insurance are two different things. Yet, many people buy insurance for the wrong reasons or without c...
What is subrogation in a health insurance plan?
The term, ‘subrogation’, refers to the legal right of insurers to recover costs following claim coverage from the third party that caused i...
What is ‘no-claims bonus’ in a health insurance plan?
A no-claims bonus is offered to the policyholder as a reward for making no claims during a premium-paying period of the policy. A few insur...
What is contribution clause in a health plan?
Increasing medical inflation is a major reason why people are complementing their existing medical insurance plans with one or more additio...
What is ‘free look period’ in a health insurance plan?
Buying a health insurance policy is never easy for a layperson. Even if you have managed to steer through the fog of insurance jargon and s...
What is copayment in a health insurance plan?
Health insurance plans today often come with a co payment clause. When this clause is in effect, it means that the insurer and the insured ...
Mutual Fund Investing: The Balanced Way
We work only to earn money and so our hard-earned money is considered to one of the most precious things in life. All of us want to grow t...
What Is a Health Insurance Claim?
What Is an Insurance Claim? An insurance claim is a formal demand made by the insured to the insurer seeking payment based on the t...
What are sub-limits in a health insurance plan?
Having bought a health insurance policy of a certain sum assured—let us say Rs. 2 lakh—you would expect the policy would cover hospitalizat...
Health Insurance Inflation - Do you have a solution?
Medical expenses are so high these days that the very thought of getting sick makes you feel ill! Did you know that a simple appendectomy ...
