Many prospective health insurance buyers feel disheartened when they see headlines like: “He paid health insurance premiums for 10 years, and in the 11th year when his mother was hospitalized, the claim got rejected” or “He didn’t build a Medical corpus because he bought a health insurance policy but had to liquidate a part of his corpus because the insurer did not come through”. Stories like these create doubt and fear among potential buyers. Add to that, a relative or frien

Many modern health insurance plans in India come with tempting add-ons like “Power Booster,” “Super Recharge,” “Sum Insured Doubler,” or “Guaranteed Bonus.” These features, offered by insurers such as ICICI Lombard, Niva Bupa, Care, Star Health, HDFC ERGO, and many other insurers, promise to increase your sum insured automatically every year. In this, the sum insured increases by 50% to 100% every year. Some policies limit the number of years up to which the bonus keeps accru

I was in the hospital last week since my dad was admitted and I got to know a few people who had their relatives admitted. A lot of...

Health insurance companies have come up with very innovative features that cater to needs of different customers. Clients should evaluate their existing policy and evaluate if they need to switch / port their existing policy with a better policy

Health Insurance has become critical today in light of rising medical and hospitalization costs. To counter this, it is critical to have...

Recently I met a nephew of mine who during a casual conversation told me he had bought a term insurance plan of INR 3 crore for INR...

Buying a term insurance has become popular now especially in metro cities, thanks to rising awareness amongst the masses and the...

Most insurance companies are advertising on TV and YouTube channels that an individual needs to have term insurance equal to or more than...