Standing where we currently are both economically and sociologically, it is perhaps a little redundant to talk about the benefits that health insurance policies can bring for an individual. By now, most of us know why we should have a comprehensive healthcare policy in place.
Tag: insurance
ULIP Or SIP – Which is The Better Investment Option in India
All of us do not understand the importance of investments unless someone explains it to us why it is essential. Young professionals mostly spend most of what they earn, and save absolutely nothing. This is what most parents nag about every month, if their child makes and keeps nothing.
Continue reading “ULIP Or SIP – Which is The Better Investment Option in India”
Life Insurance: Saving more than your taxes
We have seen life insurance being sold aggressively by agents at the end of the financial year, mostly during the month of January to March. You know the reason? It is tax saving! Most of the companies ask their employees to submit proof of their investments so that the remaining tax on their salary income for the financial year can be deducted and deposited with the Income Tax department.If you are one of those who do tax planning at the last moment should note that you might end up buying a wrong life insurance plan. Continue reading “Life Insurance: Saving more than your taxes”
What is Life Insurance and what are Life Insurance Tax benefits
Meaning of Life Insurance
Life insurance is a protection against financial loss that would result from the premature death of an insured person. The named beneficiary or nominee receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. Continue reading “What is Life Insurance and what are Life Insurance Tax benefits”
Changing Life Insurance Trends in India
Ever since liberalization in the early 1990s, life insurance in India has seen significant growth. Between April 2015 and February 2016, new premium income of Rs. 1.072 trillion (US $ 15.75 billion) was recorded in the country, at a growth rate of 18.3%. Till the end of February 2016, growth of 14.1% was seen in gross direct premium at Rs. 864.2 billion. Continue reading “Changing Life Insurance Trends in India”
Don’t let your child step into a plane without this essential item
What’s more important than cash and clothes when your child leaves the country? It’s student travel insurance – don’t let your child leave home without it.
Ever since your child was born, gratifying his every wish became your life’s mission. You gave him everything: the toys he wanted, fulfilled his dream to visit Disneyland, bought him the PlayStation he pestered you for…and now you got him admission to the foreign university he wants to study in. His bags are being packed as you read this, his admission procedures are complete and now you await the bittersweet moment of parting. Continue reading “Don’t let your child step into a plane without this essential item”
4 essential factors to consider before buying a term insurance plan
Why should you opt for term insurance over other life insurance products? We present four compelling reasons.
Every person is aware of one basic fact of life: it changes in one instant. There is nothing one can do to prevent future tragedies from taking place. At best, one may prepare oneself emotionally and financially to meet a future mishap with equanimity.
However, despite being aware of this basic fact of life, not every person takes proactive steps to pre-empt the financial ramifications of a future setback. While one may feel that one’s savings can help in times of a crisis, the reality is that just one visit to the hospital can wipe out not just your savings but everything you own. On the other hand, unpaid debts can haunt the family when the primary earning member is absent from their lives. No matter how diligently you save your money or how carefully you live, there is no way to predict how soon or late a catastrophe may strike. Continue reading “4 essential factors to consider before buying a term insurance plan”
Edelweiss Tokio Life – CritiCare+
We have progressed greatly in Science, technology and virtually every sphere of life that one can think of. However, the last laugh of our lives still remains with a force-majeure beyond our control; critical ailments like cancer rattles our lives including those with whom we are closed associated with, inducing emotional as well as physical pain and trauma; further, what is even more cumbersome is the colossal list of expenditures that tend to take the wind off individuals especially those in the mid and lower income strata of the ‘so-called’ civilised society. It is thereby of utmost importance to have an insurance policy to protect oneself and especially the dependants, mainly in scenarios where there’s a single bread-earner running the show. Continue reading “Edelweiss Tokio Life – CritiCare+”
Tech Talk 