LIC Policies

LIC Jeevan Labh Plan: Savings and Life Insurance Benefits

The LIC Jeevan Labh Plan is an excellent option for those seeking savings and life insurance. It is a limited premium-paying endowment plan that offers financial security to the policyholder during the policy period. Under this plan, a lump sum payment is made at the end of the policy period, providing life insurance protection and … Read more

Insurance

Why Health and Life Insurance is Essential for Financial Security

It’s crucial to have insurance to navigate through financial difficulties in case of accidents, illness, or death, whether you have a companion or not. To avoid mistakes with insurance, it’s best to get coverage early when premiums are lower. Waiting to get insurance may increase premiums and exclusions for certain diseases due to waiting periods … Read more

Insurance

Protect Your Home with Property Insurance: Check Benefits

Home Insurance Benefits: Life is uncertain, and no one knows the future. Insurance and investments can provide a safety net against sudden hardships. While many people are familiar with life and health insurance, there’s less awareness about home insurance, also known as property insurance. Peace of mind requires: Recent events, such as heavy rains and floods … Read more

Insurance

Key Factors to Consider When Choosing a Health Insurance Plan

Health insurance is not just a safety net for unexpected health problems but also a shield against potential financial strain. When selecting a health insurance plan, several key factors must be considered to ensure comprehensive protection. Medical expenses can quickly deplete our savings, making health insurance awareness increasingly important. Both public and private sector companies … Read more

Insurance

Health Insurance: How No-Claim Bonus Saves You Money

Health insurance is becoming increasingly popular due to rising health issues. One benefit of health insurance is the no-claim bonus, which offers various advantages. A no-claim bonus is an incentive insurance companies provide to policyholders who do not make any claims during the policy period. This bonus can result in benefits such as a cumulative … Read more

Insurance

Avoid These Mistakes to Ensure Car Insurance Claim Approval

Being careless while traveling on the road can lead to accidents. In such cases, auto insurance compensates the vehicle and others for financial loss. However, minor mistakes by motorists can lead to insurance companies rejecting the claim. What are they? What precautions should be taken to avoid those mistakes? Let’s find out through this article. … Read more

Insurance

Short-Term Health Insurance: Check Term Medical Insurance Benefits and Limitations

Short-term health insurance, also known as term medical insurance, provides temporary coverage for individuals who need immediate coverage in addition to standard long-term health insurance policies. It is also a relief for those who cannot afford comprehensive coverage, such as employees and unemployed individuals waiting for company group insurance. Key points about short-term health insurance: … Read more

Insurance

Home Insurance: Protect Your House from Natural Disasters

Investing in a house is a significant endeavor, and it’s essential to protect it. Home insurance can help in case of natural disasters like floods. It can also cover rent loss if a tenant vacates the property. This insurance is available for one day to five years and for property owners and renters. Additionally, home … Read more

Bike Insurance Two Wheeler Insurance Scooty Insurance

Two-Wheelers Insurance: Types, Renewal and Benefits

When purchasing a new vehicle from a showroom, it’s mandatory to obtain insurance as per IRDAI norms, which apply to all. Generally, long-term insurance is available for up to five years. However, many owners fail to renew their policies once the initial insurance period ends. Only 19% of two-wheeler owners in India renew their insurance … Read more