Why Do You Need Insurance Along With SIP?
Just the other day, I had a word with one of my friends, Nikita over the phone. Talking on the phone was the only feasible option as I could not meet her because of the country wide lockdown owing to COVID-19. She was going on about, how her life is set and how she’s managing her money well to fund all her goals. So I asked her if she has insurance, her reply was a common one that...
Importance of Insurance amid COVID-19
After experiencing the wrath of Novel coronavirus which is spreading like fire across the globe, the people will now realise the importance of having adequate insurance. This COVID-19 pandemic has resulted in more awareness and importance of Insurance. One should consider it as a risk cover rather than a mere investment product. In this blog, we will understand why it is so important to...
Family Floater Vs Individual Health Insurance Plan
Have you got your health expenses covered? Or are you still confused whether to take a family floater or an individual health cover? Well, whether you fall sick often or not is not the point, health insurance plan is to cover the risk of your medical bills going over budget. Some people fall sick quite often in a year, whereas some fall sick maybe once or twice a year, there are some who...
Things to Know Before Buying an Endowment Plan
Many of us are impulsive buyers and a lot of the times we end up spending on a whim. We buy things which we may or may not need in the future. While treating yourself to such pleasures is in no way a sin, one should give equal thought to securing their future. If you relate to this, buying an Endowment Plan could be the solution to your savings and future security. People who have a steady...
Thinking To Buy An Online Term Insurance Plan?
Online term insurance plans are gaining widespread popularity because of their economical nature in comparison to insurance options enrolled into via agents or an insurance agency. This cost saving is a direct effect of diminished selling and marketing expenses associated with online products in stark contrast to those bought from a physical agent or office. However, we do face some...
How Health Insurance Becomes Tax Saving Tool?
There is no denying the fact that the need for health insurance within the insurance portfolio is an absolute must. The truth is that there have been rising concerns among people with regards to increasing health care costs and growing medical conditions. It has become mandatory for every individual to buy medical insurance. It is a comprehensive and well selected medical insurance that can...
Top 5 Online Term Plans In 2018
Terms plans are the most ignored yet most important life insurance policies. These are mostly unpopular since they only carry death benefit and will not generate returns over years of investment. However, term insurance should be on the portfolio of everyone, especially those who are the sole bread winners in the family. Want to know why? Then this article is for you! We will summarize the...
Insurance Plans For Cancer – Aegon vs MaxLife!
Cancer is the most dreaded disease, right? But when one is diagnosed with this deadly disease, fear is not at all an answer. You need preparation in all fronts, psychological, financial and obviously physical. Cancer is on the rise and the vulnerability of the disease is increasing in our country because of pollution, lifestyle factors and environmental issues. Let us have a look at some...
All About Unit Linked Insurance Plans (ULIP)
ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance. ULIPs basically offer two way benefits for the holder which are as below Insurance cover for the holder and Investment option for the holder by creating link with the capital market Types of ULIPs Based on the ultimate application Retirement ULIPs...