Category: Insurance

Since I’m into Personal Finance Management for quite a long time, an old friend of mine who’s a Software techie suddenly showed up from somewhere and asked me, “Hey pal, how are you?!” And I said, “Yeah man, I’m great. How are you doing?” Then he put forth the real question, “Buddy, I have invested … Continue reading Unpleasant Facts about Investing in INSURANCE PLANS: Secrets Revealed!

Do you know your EPF account, through its scheme called EDLI, provides you with the insurance cover up to Rs.6 Lacs?? In this scheme, you don’t have to invest a single dime from your pocket!! Yes, it is true… The Government of India has introduced the Employee Deposit Linked Insurance Scheme (EDLI) in 1976. Through … Continue reading Employee Deposit Linked Insurance Scheme (EDLI): How can you benefit from it?

Unit Linked Insurance Plans (ULIPs) have always been popular among people. They have some attention-grabbing features such as: They combine the advantages of investment and insurance in a single plan. The benefit of Life Cover. As a result, your money is expected to grow, plus the future of your loved ones will remain protected from … Continue reading ULIP Review: ICICI Prudential Signature Plan – Is it Good or Bad?

Is this HDFC Life’s Sanchay Plus any different from the previous one? If this Sanchay Plus is better, if at all, is this worth considering as an investment or insurance option? This review article about the new HDFC Life Sanchay Plus covers the following topics. Basic Features of HDFC Life Sanchay Plus Practical Review of … Continue reading HDFC Life Sanchay Plus: Review-Should You Buy It?

What is LIC Navjeevan plan all about? What are its salient features? How this can benefit investors? Is it worth investing in LIC Navjeevan Plan? Should you invest in LIC Navjeevan Plan or is there any better alternate to this? What is LIC Navjeevan Plan all about? LIC Navjeevan 853 is the new insurance plan … Continue reading LIC’s NAVJEEVAN PLAN 853: Key Features, Analysis & Review

Are you one who decided to purchase Term Insurance plan but still confused which company to opt? Do you pay a higher premium or lower premium for your term insurance? Are you sure that the company will settle down your claims or not? Are you still confused to choose which will be the best insurance … Continue reading A Cheat Sheet to Select the Best Term Insurance Plan for You

Have you ever wondered which is worse? A devastating earthquake or picking up the pieces of life after surviving such an earthquake? Perhaps the second one requires more resilience and determination. It also requires the hand of providence and of-course good planning habits. It would be a shattering to see one’s home crumbling in front … Continue reading 5 Myths about Home Insurance Demystified

Disgruntled customers can bring down institutions, brands and products. Organizations therefore take utmost care in laying out detailed guidelines for “grievance redressal”. Arbitrators or ombudsmen are appointed for looking into contentious issues which cannot be resolved at the lower level. They act as a referee and try to reconcile the misgivings which the customer may … Continue reading How to Resolve Insurance Disputes through Ombudsman?

With the ever widening spectrum of health insurance options available, is it a development that will prove to be encouraging or alarming at the consumers’ end? Choosing the most feasible health insurance plan can be a complex process. In order to ensure that you get the best option out of endless choices available, always be … Continue reading How to choose a right health insurance plan

Why do we buy a life insurance cover? Simple and straightforward, to financially secure our loved one after we die. Speaking on a more casual note, life insurance is an income replacement strategy. How do we define a good life insurance policy? A life insurance will be termed as satisfying, if it provides: a decent … Continue reading Dos and Donts to remember when buying a life insurance policy