Difference between Regular Health Plan and Top up Plan

When regular health plans are inadequate to meet medical expenses, a common solution is to opt for a top up plan. Inflationary pressures and increasing cost of medical treatments may often make the sum assured of a regular health plan insufficient. That is when a top up plan comes into play by enhancing the existing … Continue reading Difference between Regular Health Plan and Top up Plan

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What is a Senior Citizen Health Plan?

Getting a suitable health cover has always been an issue for the elderly. From high premiums to extensive medical tests, the entire process of getting a health plan is strewn with multiple difficulties. Now, with the new IRDA guideline of extending the maximum age of health insurance, individuals above the age of 65 years have … Continue reading What is a Senior Citizen Health Plan?

What is an Indemnity Plan?

The need for health insurance in today’s times is undisputable. Medical emergencies could strike anybody. And with inflation spiraling upwards, a single ailment may cause significant financial losses. As important as it is to have a health plan in place, it is equally important to have the right kind of plan. Today, the options are … Continue reading What is an Indemnity Plan?

Your Health Insurance Plan Is an Effective Tax Saving Tool

The Income Tax Act of India lets you save tax under various sections. By utilizing these sections, a substantial amount of tax could be saved. Investments in instruments eligible under Section 80C, 80CCF, or Section 80D, not only help you invest for the future, but also provide you a deduction from your net taxable income. … Continue reading Your Health Insurance Plan Is an Effective Tax Saving Tool

5 Reasons to Look beyond Your Company Mediclaim Policy

A health insurance policy offered by your employer is a sure attractive perk. At low premium rates, and easier terms, a company mediclaim policy is a good deal, to help you meet your medical emergencies. But is this benefit actually sufficient enough or, do you have to look beyond? Here is some food for thought. Amount … Continue reading 5 Reasons to Look beyond Your Company Mediclaim Policy

What is a Hospital Cash Plan?

Hospital cash plans are supplements which you could opt for over and above your health insurance plans. They are designed to provide you with liquid cash in times of hospitalisation to avoid a situation of being cash strapped. The plan provides you with liquid cash on hospitalisation that could be used to meet non medical … Continue reading What is a Hospital Cash Plan?