Health Insurance

The National Sample Survey Office conducted two surveys on medical incidences and their costs. The first one was conducted in 2004 while the second was in 2014. The results were surprising and disappointing. According to the reports, about 3% out of 1000 Indians faced hospitalization in 2004. The number increased to 4.4% in 2014. Not…

Insurance has become an integral part of our financial plan given the coverage benefit it provides. An insurance policy compensates us against any financial loss faced due to premature death, ill-health and other unforeseen emergencies. A life insurance plan and a critical illness plan are two important insurance plans which find relevance in our lives.…

Don’t you just love the monsoons – the heavy clouds that bring respite from the scorching heat, the cool showers that uncover the real shades of green, and the light breeze, which carries the smell of wet earth? Although monsoons are such a welcome change from the long, hot and dry spell of summer, unfortunately,…

Enjoyable though the rainy season is, it can cost you “your health” if you aren’t careful. You’re at a high risk of falling prey to serious diseases and infections that spread rampantly due to unhygienic conditions during monsoon. Don’t let the dangers of this tricky season jeopardize your health and wealth. Stay aware and take…

A health insurance policy covers the costs incurred if you face a medical emergency – you all know that. But do you know how to make a successful claim in your health insurance plan? Insurance, by its very nature, is a technical concept. Though you might buy it after understanding its features, it is at…

William Penn quoted, ‘Next to God, thy parents’. He couldn’t be more right. Our parents bring us into the world, nurture us, shape our future and make us independent all the while sacrificing their needs. Isn’t it, therefore, important that when we become financially independent, we take care of our parents? Thankfully, most of us…

Doesn’t the prospect of discounts and bargains sound like music to your ears? It must. After all, who doesn’t like saving money? That is why we keep an eye out for offers and discounts, wait for the sale season and buy only after comparing between the available choices. When it comes to health insurance plans…

Ram and Shyam were two best friends, both had a problem with their respective health plans. Ram felt that his agent had cheated him into buying a health plan which had a higher premium (his research showed him plans with the similar benefits having lower premium rates). Shyam, on the other hand, had missed renewing…

Table of Contents What is maternity expense? What is maternity cover? Who is covered under the maternity cover feature? What are the expenses covered under maternity cover? What is not covered under maternity benefit? What is new-born baby cover? What are the conditions for availing the new-born benefit? What is covered under the new-born baby…