Category Archives: Insurance

5 Common Financial Planning Mistakes

Failing to plan is planning to fail. This holds true for everything in life. Those hoping to attain financial fitness will certainly agree to this. Are you sure you are on the right path of financial planning? If you fumbled to answer this one, something is certainly wrong. Figure out what!
These are 5 common financial planning mistakes that most people commit. Read and make sure you don’t ignore these flaws.

Grow up! Life Insurance is Not Just for the Old Folks

You don’t really talk about life insurance when you are taking a walk in the park with your loved ones, do you? Actually, you don’t wish to talk about it at all! You think that you need it only when your hair turns grey. How far are you from the truth? Okay! Consider that you… Read More »

How Much Insurance is Enough Insurance?

The main purpose of buying life insurance is to make sure that your family is financially secure if you aren’t around to take care of them. That you already know, but majority of insurance buyers do not look at insurance as a protective instrument and use it as a financial investment. Their only concern is… Read More »

Banks May No Longer Sell Insurance

  Remember when you picked up a life insurance policy at your bank from the very conveniently placed insurance desk inside the bank premises? Well, that may be soon a thing of the past. If the Insurance Regulatory and Development Authority of India (IRDA) has its way, that is. The IRDA has recently asked banks to… Read More »

Have Mobile Connection? Get Free Insurance!

Mobile phones are proving to be the Swiss army knife of gadgets. First came banking services. Followed by mobile payments. Now, you get free life insurance. Telenor is one of the first cellular service providers to launch a free insurance scheme for its new and existing customers. Although the cover is meagre, still, it is a… Read More »

Is it Time to Review Your Life Insurance?

So you’ve planned ahead and bought a life insurance policy. And why wouldn’t you? Firstly, it can support your family financially in case something untoward happens to you suddenly. Secondly, it eases your loved ones’ financial burden in times of loss. Thirdly, it is a good personal finance risk management tool. But, do you know… Read More »

Emerging Health Risks in 2015: Why it Makes Sense to Insure Yourself

  Here’s what’s trending in India right now. No, it’s not Aamir, SRK or Sallu – the holy trifecta of Bollywood. It’s H1N1, dengue and cancer. H1N1 is making a comeback in Maharashtra like never before, where there’ve already been 667 deaths this year. To put this in perspective, the last major outbreak was in… Read More »

A High Value Insurance or Multiple Policies: Which is a Better Investment Option for You?

  Which smartphone to buy seems to be an everyday question of various Facebook groups. We are spoilt for choice in this day and age. This or that is a constant question. When it comes to investments, we seem to have a lot of choices as well. One question that often perplexes many insurance takers… Read More »

Top 6 Reasons For Insurance Claim Rejection

  Jayant Dhiman was a finance-savvy person. He worked hard, saved money, invested in the right products and bought insurance as a safety net for his family. One day, while playing golf, he suddenly collapsed. When rushed to the hospital, his family members realized that he had just suffered a stroke. The family was under… Read More »