Silver is steadily emerging as a serious option for investors who are looking beyond gold and equity funds. You can easily gain exposure to the silver market without buying or storing physical bars or coins. This can be done primarily through silver exchange-traded funds (ETFs) and silver mutual funds. While
Health insurance policies are designed to cover medical expenses. But many policyholders are not familiar with the claims process. This lack of knowledge creates problems when someone needs to be hospitalised. You have two ways to settle hospital bills under your policy. One is a cashless claim. The other is
Many people start looking for health insurance only after a parent develops a medical condition. By then, premiums may be higher and some benefits may not be available immediately because of waiting periods. Buying senior citizen health insurance India earlier gives families more options to compare plans and understand the
The Insurance Regulatory and Development Authority of India (IRDAI) gives every Indian policyholder the right to health insurance portability. IRDAI introduced this right in 2011, and its Master Circular on Health Insurance Business dated May 29, 2024 (Reference No. IRDAI/HLT/CIR/MISC/77/05/2024) strengthened it further. You can now transfer your current health
A question that often comes up for people interested in buying term insurance is “How much term insurance do I need?” And the answer? Well, that depends. While it may be tempting to choose the biggest cover you can afford, the right amount isn’t simply about picking a large number.
The majority of people choose a life insurance policy based on what an agent recommends or what looks reasonable at the time. As years go by, the premium is paid, and the plan is hardly ever reviewed again. Ultimately, the decision made years ago either works or doesn’t. These three
An endowment plan combines two distinct financial functions, life insurance and savings, within a single policy. Insurers market these products as a way to build a lump sum for future financial goals while also providing life cover for dependants. For many Indian households, endowment plans have formed part of financial
A medical emergency does not announce itself. The financial damage that results from one could be just as catastrophic as the physical damage itself. India has eight standalone health insurance companies along with general insurance companies that include health insurance in their offerings. The policies available show a wide range
Knowing how to choose health insurance plan on your own is one of the most valuable financial skills you can build. Most people rely on agents who, despite their best intentions, can be biased. This guide walks you through a clear, unbiased framework so you can evaluate options yourself, ask
Many people compare health insurance plans only by looking at the premium. The amount looks simple, but it is determined after insurers assess several factors. Insurance companies do not charge everyone the same premium. They first estimate the level of risk involved in covering a person. Health insurance premium calculation
