Health Insurance Portability was introduced in October 2011 in India. At that time it was much written about as a new and good thing to have happened. From what I read, the move over to new health insurers has not been as smooth as originally envisaged. There were many cases in the media where insurersRead More
Insurance
Do top up health insurance plans make sense ?
To cater to your medical expenses, one can either use a simple health insurance policy, commonly called mediclaim or use a different type of policy called top up health insurance plans. In this article, we try to understand what a top up health insurance policy is and whether it makes sense to have one. HealthcareRead More
12 things you must know about insurance [infographic]
Here are 12 things in a graphical format you must know about insurance. Insurance policies, be it life via term or endowment, or health or motor insurance, have some caveats or rules that always catch investors by surprise. And when that happens, the claim is rejected. Instead of learning on the job, it is alwaysRead More
5 ways on how to calculate your life insurance needs
How to calculate your life insurance needs is an often asked question and many investors use quick thumb rules to get to the actual requirement. Then there are more sophisticated methods which financial planners use to zero down on the accurate figure. This post is about all the methods which exists and investors need to beRead More
Old wine, new bottle – why life insurance is not an investment !
I know this is a very abused topic in the personal finance world but the way it keeps coming up alarmingly everyday made me revisit it. Most of my clients have truck loads of life insurance policies that was sold to them without their knowledge or understanding not to mention that most of these policiesRead More
Do single premium term insurance plans make sense ?
The insurance regulator IRDA was in the thick of news recently after it went after single premium insurance plans saying they needed to be taken off the shelf. While the industry stalwarts continue their flip flop on topic, we decided to check whether is makes sense to buy single premium term insurance plans in India.Read More