I listed purchasing a disability/personal accident insurance cover (for both D and myself) as one of my personal finance goals for 2011. I thought I had my thinking done with but the comments to that post got me thinking deeper. Primarily, the two questions to be answered now were: Do we really need disability insurance […]
Of late, I’ve been thinking quite a bit on what I’d do if the following scenario were to happen. Suppose your ability to earn a regular income is hampered because you suffer a disability due to whatever reason (say due to an accident). How would you plan ahead and financially mitigate for this scenario? Remember, […]
The only long-term disability insurance product that I have seen on offer by Indian insurance companies is Tata AIG’s Secured Future Plan. The insurance payout scenario is excellent: at the highest level you get Rs 35,000 per month guaranteed for 20 years. However, no one at Tata AIG wants to sell you this policy! I’ve […]