Why are Premiums Higher in Unit Linked Plans

When it comes to premium pricing, it is found that the costs of ULIPs are far higher than their counterparts-term and endowment.  The reason for this high premium lies in the plans working structure, and what it has in store for an investor. To get an answer to the question of why Unit linked plans quote … Continue reading Why are Premiums Higher in Unit Linked Plans

Advertisements

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?

Guide to Choosing a Life Insurance Policy

In today’s world of uncertainties, a life insurance policy is an absolute necessity. It provides the much needed financial security in times of any unforeseen event such as death of the bread winner. It supports the family in the need of the hour. Today, life insurance policies have evolved into a variety of forms. From pure term plans, to investment linked protection plans, the options available are plenty.

How Health Insurance Portability Would Be Useful For You

Health Insurance is a financial tool that protects you and your family from the burden of unexpected medical expenditures. But have you sometimes felt let down or, have been dissatisfied with the service of your health insurance provider? Well, here is the era of portability. After mobiles, the latest entrant is Health Insurance Portability. So … Continue reading How Health Insurance Portability Would Be Useful For You