The following post is a sponsored post. Health insurance is an important financial instrument that may be used by individuals to secure their future well-being. It is a form of cashless health insurance that allows you to create a pool of resources. This may be used in the future to meet all your medical needs […]
The following post is a sponsored post. Critical illness policies pay the entire benefits as a lump sum amount when the insured is diagnosed with such conditions. The sum assured is paid in total irrespective of the treatment cost. Generally, a person diagnosed with a critical illness may be unable to fulfill his duties as […]
The following post is a sponsored post. In October 2011, health insurance companies provided a new feature to their customers. Users were allowed to port their health covers in case they were unsatisfied with the current service providers. Although the portability was considered to be simple, a policyholder cannot port as per his wish. The […]
The following post is a sponsored post. One of the biggest perks of working at a multi-national company is that your health is secured by your company’s group medical coverage. In fact, not only is your health secured, many companies offer health insurance plans that cover your dependents as well. The benefits offered by your […]
The following post is a sponsored post. Health insurance plans are available in several variants. One such plan is maternity benefit where the plan covers the expenditure incurred during the delivery of the child. What is Maternity Benefit? If your health plan has an added maternity benefit to it, then expenses incurred during child birth […]
The following post is a sponsored post. The healthcare industry in India is emerging at a rapid pace. It is now developing as a tool to manage the financial needs of people who seek health services. Individuals seeking healthcare insurance pay premiums and are insured for any surgical or medical expenses incurred by them. However, […]
The following post is a sponsored post. This New Year’s, your resolution may vary from quitting smoking, shedding some pounds, earning more money or finding the love of your life. Nowhere among these does health insurance fit, it’s not the most sought after New Year’s resolution but a necessary one. As soon as you notice […]
The following post is a sponsored post. Most people do not expect to die at a young age. However, there are many cases when such an incidence actually occurs. A premature death of your loved one can leave you in great financial difficulty sometimes with huge debt liabilities. Repaying these obligations may be impossible, which […]
The following post is a sponsored post. While availing health coverage you need to evaluate your specific needs to really enjoy the benefits of insurance. In addition, you must assess the risk you can afford to assume against your financial situation, to ensure that you will neither be over-insured nor under-insured. Health plans play an […]
The following post is a sponsored post. Health plans are designed to satisfy the specific needs of the policyholders. At the same time, policies are meant to protect the interests of the insurance service providers. Unfortunately, there is great variation among all of us in terms of our risks and requirements, which means that standard […]
The following post is a sponsored post. Cancer doesn’t just affect you physically. A diagnosis of cancer can be emotionally devastating and to add to those conflicting feelings, you have the added stress of having to worry about managing your finances so that you can seek the necessary treatment and care. Unfortunately, for many people, […]
The following post is a sponsored post. Mediclaim policy is the safest and best to protect you and your family with financial security against any medical emergencies. But it is very important that you buy your medical insurance only after thorough research and carefully reading about the terms and condition of the policy. Mediclaim policy […]
The following post is a sponsored post. Finalizing an insurance plan for your health is an important decision. This task can be simplified by learning more about the meaning of technical words and phrases that are used in connection with health coverage. Claim The process of seeking reimbursement of health expenses from the insurer according […]
I was itching to write that title. It’s been a while since I posted — yet again due to travel, this time a planned one — and by the time I got back there were some super-awesome comments on some of the recent posts. First up, reader Ashwin introduced me to the concept of a […]
You know what, it’s really been ages since I last wrote on the topic of health insurance. It’s probably because my thoughts on and approach towards health insurance haven’t changed much and are based on these simple rules — Don’t mix investments with health insurance. (Unless you want your health to improve or worsen in […]
Amidst all the other hectic things going on in our lives, our individual Star Health Medi Classic policies completed their first policy anniversary. This happened way back in July. Since my annual expenses planning system works exceptionally well, I simply issued a check for the premium due. Seamless. I’d opted for individual policies to keep […]
Consider these Risk Factors copied verbatim from a Unit Linked Health Insurance Policy ad that I happened to see on this blog itself (snarky comments mine): The premiums paid in unit linked plans are subject to investment risks associated with capital markets. (Means we’re going to have fun gambling on your health with your own […]
[Posted on priority and out of turn due to many reader requests.] Who’d have thought that Health Insurance could be this complicated? If you opt for LIC’s Jeevan Arogya health insurance policy, be prepared to have a Statistician and a Doctor living with you full-time. Because when you’re hospitalized, you’d need the Doctor to tell […]
The maximum that they can do is to fire me — that’s OK! Recently, I overheard a colleague say this and it’s really stuck in my mind since then. To me, that’s a sign of someone who’s financially well prepared. In fact, very well prepared. The day that you come into work and say this […]
Out of the three components of my first resolution, perhaps the toughest one is buying health insurance cover for our parents. It’s easy to increase my emergency fund (save more each month). It’s easy to stay out of debt (don’t spend money that’s not mine). But it’s close to impossible to buy health insurance cover […]