How much does a short trip of 5 nights and 6 days to Singapore cost? Maybe, Rs. 50,000? A well planned trip to Thailand would cost about Rs. 40,000. Most of us take our time, research and plan well for such vacations/ trips. We do have a nice time and come […]

The Life Insurance Act was established to nationalize, regulate and control all life insurance businesses or providers in India. The Life Insurance Corporation of India Act was passed in 1956 on June 18 by the Indian Parliament and came into force from July 1 of the same year. LIC, Life Insurance […]

I am sure like most people, you too would be in the belief that a health insurance plan will only reimburse hospitalization expenses. Or, if you are one of those people who think that you don’t need a health insurance because your health is in the best shape, then read this […]

There is a famous quote that says, “When you are dead, you don’t know that you are dead. All of the pain is felt by others. The same thing happens when you are stupid”. This quote hold so good in terms of buying a life insurance policy as well. It is […]

Nature can be a “Blessing in disguise” many times. However, in the month of August, 2018 nature had become a “Curse in disguise” for Kerala, God’s own country. The state of Kerala has suffered massive damage and loss of life and property this month due to heavy, non stop rains and […]

Life insurance is a very important financial expense, which I would rather call an asset that every person should own. However, according to statistics only about 10 per cent of Indians have life insurance cover. Did you know that apart from securing the financial future of your family, if in case […]

A term insurance plan is an insurance that is taken for a specified period. How does a term insurance benefit an individual? Simplicity They are much easier and simpler to understand than insurance plans. Other insurance plans combine risk cover with savings and calculating your finances around a cash value insurance […]

Did you know that you might end up getting reduced claim settlement though you might have two or more health insurance policies with adequate cover? This happens because there is a contribution clause in most policies and you failed to inform both the insurers (new and existing) about the other policy. […]

The premiums for life insurance policies are derived by taking into account various factors. You can control the factors that are within your ability to lower your premium. 1) Stop drinking and/ or smoking: These will negatively impact your health and thus increase mortality risk. So your premium increases. 2) Your […]

One thing constant in life is “change”. It is good to make sure that you accommodate those expected and unexpected changes in your life insurance cover so that it secures the future of your loved ones in your absence. When you are young and unmarried, to get a cover to that […]