How to Secure Health Insurance When Changing Jobs
Mini Balakrishnan
If you are having a group health plan it means that your employer pays the policy premium for you. But what happens when you decide to move to a different job? As you might know, the employee group health insurance or the employee insurance is valid only till the employee stays with the company that […]
How Insurance Can Protect Your Assets Against Natural Calamities
Mini Balakrishnan
Natural calamities, in general, are unexpected events caused by nature itself including events like earthquakes, floods, cyclones, landslides, tornadoes, hurricanes, storms, etc. which have an impact on a lot of sufferings, deaths, and damages. Unfortunately, mankind has mingled with nature in such a way that nature has started reacting in these ways including climate changes, […]
Why Buying Term Insurance Early Is Always a Smart Move
Mini Balakrishnan
When is the right time to secure the financial security of your loved ones? “As soon as possible” is perhaps the best way to answer this question. In the wake of recent global pandemics, it is clearer than ever that having a good life insurance policy is an absolute must. Purchasing a life insurance policy […]
Explore the Top Investment Plans for Maximum Returns
Mini Balakrishnan
The primary aspect to focus on while making any kind of investment in your insurance plans is to make sure it is worthy to clear off your debts if any and to help in your large financial expenditure like paying for your child’s education, marriage or even for your retirement financial management. Hence you need […]
What Is ELSS And How To Invest In It?
Mini Balakrishnan
ELSS is an equity-linked savings scheme. It is a type of mutual fund investment scheme that offers tax benefits under Section 80C of the Income Tax Act in India. ELSS funds invest primarily in equities, or stocks of companies, and have a lock-in period of three years. Is investing in ELSS funds risky? ELSS investments […]
What Is Grace Period In Insurance?
Mini Balakrishnan
Health Insurance Tax Benefits: What You Need to Know
Mini Balakrishnan
When you give priority to your health and opt for an Insurance Plan that protects your financial issues without you having to spend too much on Health care expenses, you are almost relaxed. But for the health insurance plans the premium amount paid is subject to tax deduction under Section 80D of the Indian Income […]
What Is No Claim Bonus (NCB) in Car Insurance?
Mini Balakrishnan
No-Claim Bonus (NCB) is a valuable reward offered by motor insurance companies to policyholders who do not make any claims during the policy term. It serves as an incentive for safe driving and provides an opportunity to maximize savings on your motor insurance premiums. Understanding how NCB works and how to make the most of […]
Top 10 Guaranteed Return Plans In India
Mini Balakrishnan
A Guaranteed Return Plan, also known as a Guaranteed Return Policy (GRP), is a unique life insurance product that combines the dual benefits of insurance protection and assured financial growth. This plan provides life coverage to safeguard your loved ones in the event of unforeseen circumstances and ensures a guaranteed return on the premiums paid, […]
42 Important Insurance Terms And Concepts You Need to Understand
Mini Balakrishnan
Before you buy an insurance cover for yourself, you must understand some basic terminologies mentioned in the insurance terms and conditions. This will help you to choose your insurance policy wisely. Given below is a list of 42 commonly used Life Insurance terms, Health Insurance terms and conditions, Term insurance terms, and also key terms […]