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Why you should have nominees for all your investments
A nominee can be anyone from your family members, including parents, spouse or siblings in certain cases.
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Have many health insurance policies? Here's how to manage
Most salaried individuals have multiple policies – a personal policy and a group policy.
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More NRIs are buying life insurance form India; here's why
Policybazaar.com reported that the premium paid for buying a term cover in India is cheaper by 20% to 40% as compared to any other country
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Online insurance: Here's how you can ensure a smooth process
Undergoing a medical check-up ensures that the applicant is selecting the right plan that fulfills the in-future required health demands.
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Term insurance: Who gets the money if nominee dies?
In most cases, the nominee in insurance policies is a close relative.
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Insurance penetration only 4.2% of GDP in India: SBI
Govt insurance schemes inducted 65 crore beneficiaries between 2015 and 2021, while 17 crore bought 17 crore policies
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The pros and cons of multiple health insurance policies
Ideally, two health insurance policies, one individual and one group policy, would work fine
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Importance of benefit illustration in your insurance policy
The most important thing for a policyholder to view is the guaranteed returns mentioned in the benefit illustration table
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Health insurance: Policyholders in smaller cities pay up to 40% lower premium
The location of the policyholder plays a major role when fixing premium on a health insurance policy
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Can sachet offerings drive insurance penetration?
While the idea of sachet insurance is commendable, it seems it is yet to make an impact where it is most needed.
