When the only earning person in a family passes away, the family faces financial struggles. In such a situation, if the person is on a term insurance policy, the insurance money helps the family to be financially stable. Still, many people, especially family members, don’t know how to claim term
For countless Indian families, life insurance has and will stay a crucial source of financial security. In the instance of the policyholder’s passing, it provides family financial security. But claim rejection remains a significant concern. Many policyholders discover that their life policy application got turned down, often during a difficult
Today, the world is unpredictable, and healthcare insurance is no longer a luxury; it has become a financial need. The medical costs, lifestyle diseases, and unexpected emergencies are increasing, and having the right health insurance plan will offer financial stability and access to quality healthcare. The challenge is that people
Group health insurance in India helps employers manage rising healthcare costs while giving staff access to hospitalisation cover, cashless treatment, and other practical benefits. The group plans begin coverage for pre-existing conditions on their first day, which allows employers to customise their policies more than they can in retail plans.
Health insurance uptake among senior citizens has seen a sharp rise, with a 60% increase in recent years (as quoted by Goodreturns). At the same time, around 65% of seniors now opt for coverage of ₹10 lakh or more. This reflects a clear shift towards higher protection. With older age
Financial planning is largely complex and challenging. One needs to wade through the waters of initial confusion and overwhelm to arrive at clarity. Investment portfolios need careful consideration, and income replacement to financially protect one’s family may also feature among priorities. When juggling a lengthy financial to-do list sends you
As financial responsibilities grow over time, a fixed life insurance cover may not always keep pace. Inflation reduces the real value of money, and at the same time, expenses such as home loans, children’s education, and healthcare continue to rise. Increasing term insurance is designed to address this gap by
More of daily life now runs through a screen. We bank, shop, invest and hold our identity documents online, and the risks have grown alongside that convenience. Government data shows that cyber security incidents in India rose from 10.29 lakh in 2022 to 22.68 lakh in 2024, and the financial
Every time you purchase car insurance in India, the decision often comes down to comprehensive vs third party car insurance. Each option offers a different level of protection, cost, and risk exposure. And this debate between the two is a common decision point among indian vehicle owners. As per the
ULIP advantages and disadvantages are a key consideration for Indian investors looking to balance insurance protection with long-term wealth creation. As financial planning becomes more goal-oriented, many individuals explore products that combine multiple benefits into a single solution. Unit Linked Insurance Plans (ULIPs) are one such option, offering both life
