Insuring Your Family Against Loan Defaults

Loans are a convenient financial tool to help buy that dream home or the swanky new car. But, what if before repayment of the loan, the bread winner of the family faces an unfortunate event of death or disability? A Loan Protection Insurance could be a perfect tool at such times to ease the burden … Continue reading Insuring Your Family Against Loan Defaults

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Insurance Apps On Your Smart Phone

  From e-commerce to m-commerce, welcome to the world of Smart phone apps. The advent of smart phone has brought about many a change, practically getting you the world at your finger tips. And not to be left behind in this era, are insurance companies with insurance apps. Designed to cater to the needs of … Continue reading Insurance Apps On Your Smart Phone

5 Steps to a Goal Based Investment Plan

Life is filled with desires and ambitions. A holiday abroad, a swanky new car, or a plush home, whatever it may be, we earn money to fulfill such goals. However, very often, when it comes to saving for our goals, most of us randomly make investments, without a proper plan. We buy financial products, without … Continue reading 5 Steps to a Goal Based Investment Plan

Rider Versus Stand Alone Policies- Which One is a Better Option?

Here is a question that pops up quite often when buying an insurance policy- “For the additional insurance needs would a standalone policy be advantageous or, would a rider be sufficient”? Where both the options seem to offer similar benefits, there are a few noticeable differences in their coverage and the premiums. So which one … Continue reading Rider Versus Stand Alone Policies- Which One is a Better Option?

What is Personal Accident Cover?

An accident could occur anytime anywhere unexpectedly. At work, home, travel or the road, it almost renders us helpless with its grave consequences. The trauma of having met with an accident is almost always coupled with financial losses; of getting treatment, or coping with a loss of income, if any. Does insurance have a solution … Continue reading What is Personal Accident Cover?

Compulsory and Voluntary Excess In Motor Insurance

Insurance companies allow customers to share a portion of the risk associated with the policy. Known as the “deductible” or “excess”, this is a pre-determined amount of the claim that would be borne by the insured. So, when a claim arises, the insured would pay up this deductible amount from his pocket and the balance would be taken care of by the insurance company.