A health policy bought at twenty-five looks entirely different from one bought at fifty. The needs change, the risks change and the cost of treatment changes, too. Most people choose a sum insured based on what feels affordable at the time, rather than on what their actual medical expenses could
Most people spend more time picking a restaurant than choosing an insurance policy. That is not an exaggeration. A quick look at the premium, a nod at the coverage amount, and it is done. The problem only shows up later, usually during a hospitalisation, a car accident, or when a
When you look at various insurance policies, you’ll often find a figure called the claim settlement ratio (CSR). Many think a higher ratio automatically makes for a better insurer. It is an important indicator but it does not give the whole story. Whether it’s life insurance or health insurance, depending
People often come across Sections 80C and 80D when checking tax deductions for insurance premiums. The two sections apply to different expenses. Life insurance comes under Section 80C, while health insurance is covered under Section 80D. The deduction limits and conditions also differ. This article looks at Section 80C vs
