Health insurance is essential for covering unexpected medical expenses, but sometimes claims get rejected. This can lead to a significant financial burden on the policyholder. There are several common reasons for this. One reason is providing incorrect information such as age, income, existing medical insurance, and occupation details. Another reason is failure to disclose pre-existing … Read more
Owning a car is a dream for many people. They save for many years to buy a new car. However, sometimes the car gets damaged, whether it is our fault or not. The vehicle can get damaged due to a road accident or natural calamities. Getting it repaired can be a costly affair. Therefore, car … Read more
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
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
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
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
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
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
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
Postal Life Insurance (PLI) is one of India’s oldest and most reliable government-backed life insurance schemes offered through the Indian Postal Service. Due to its low premiums and high returns, it has earned the trust of millions over the years. PLI agents are vital in promoting and selling various postal life insurance products. They serve … Read more