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How alcohol consumption impacts your life insurance policy?
Consuming alcohol within the admissible limit is fine with insurers, but extreme drinking can create problems leading to claim rejection.
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Increasing term insurance policy: All you need to know
Insurance companies increase the sum assured based on the health of the policyholder while buying the policy.
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Should I buy a new or revive a lapsed term insurance policy?
The old term insurance policy can be revived after paying the lapsed premium along with interest charges and medical costs.
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Health insurance: What is the role of incurred claim ratio?
Incurred Claim Ratio (ICR) is the total value of every claim divided by the total premium collected by the insurer during a particular time period
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How useful is a job insurance during unemployment?
It is critical to note that insurers don't offer job loss insurance as a standalone benefit. It's an add-on facility
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What are mortality charges in life insurance policy?
Mortality charges depend on the sum assured minus the fund value. This is also known as the sum at risk
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Health insurance: Here's how you can crack the NCB code
In health insurance, a no-claim bonus is primarily the money added to the sum insured for each year without a claim.
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9 important things to know about cashless hospitalisation
Insurance companies use third party administrators to settles cashless claims availed by the policyholders during planned or emergency hospitalisation
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Obesity can impact premium rates of your insurance policy
At the time of buying insurance, weight is considered to be one of the important parameters for assessing the health conditions of the customer.
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Should you buy health insurance on EMI?
Section 80D of the Indian Income Tax Act allows you to claim a tax deduction for up to Rs 50,000 in premiums paid as EMIs on your Mediclaim policy
