The Latest Blogs on Health Insurance | Investing Insights

Investing Insights

IRDAI Has Announced Policyholder-Friendly Initiatives: How Will They Benefit You?

In the last few years, the awareness about the importance of health insurance has increased a lot. Many people who earlier did not have health insurance or were dependent only on employer's group cover or other group health insurance schemes have taken individual/family floater health insurance plans.

What Are the Different Types of Waiting Periods in a Health Insurance Policy?

How will a health insurance company respond in the following scenarios for individual health insurance policies?

Your Guide to Buying a Health Insurance Policy

Several general insurance companies and standalone health insurance companies offer health insurance plans. Each company offers multiple health insurance plans. Within each health insurance plan, there can be two to four variants.

What is Insurance - Really?

As we approach the last month of the fiscal year, the inevitable mad scramble for saving taxes is bound to commence sooner than later. Tragically, the month of March is also synonymous with countless instances of the “buyers regret” syndrome, with clients succumbing to the age-old fallacy of buying insurance to save taxes – only to regret their decisions deeply later on. This unfortunate outcome really stems from a poor understanding of what insurance really is. Is it an investment? Is it a savings tool? Is it an income generator? All of these? None of these?

3 Lesser Known Types of Insurance That are Worth Considering

It’s not surprising that insurance has earned a bad rep over the years. The word “insurance” instantly conjures up images of glib, smooth talking sales people that are trying to pull a fast one over you! In fact, it rings true that insurance (especially life insurance) has been heavily mis-sold over the years. Only recently has there been a wave of awareness of the true purpose of insurance as a risk protection mechanism, leading to more and more people seeking out pure risk plans such as term insurance or health insurance. In a similar vein, here are three types of lesser know pure risk coverages that are low cost in nature.

Important features of your Health Insurance Policy

Health Insurance has become a critical aspect of your overall Financial Plan, with medical expenses inflating at supernormal rates and lifestyle diseases continuing to spread at alarming rates. In fact, a single medical emergency can push your Financial Planning back by several years, which is why more and more Financial Advisors are recommending adequate medical coverages. If you’re making the wise move of upping your Mediclaim coverage, here’s a list of a few important things you need to learn about the Health Insurance Policy you’re about to sign up for.