Financial Express

How term insurance ownership lays the foundation of financial empowerment for women

By working together, insurers, regulators, and stakeholders can further create a more inclusive and equitable insurance ecosystem that empowers women to protect themselves and their families effectively.

7 tips to choose the best term insurance plan

Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements

NRI? Here’s how you can save tax on health insurance with GST refund!

To qualify for GST refunds on health insurance, the proposer must be a Non-Resident Indian.

A comprehensive guide to reimbursement claims in health insurance

Understanding the reimbursement process and adhering to the necessary steps and documentation requirements is essential for a smooth and successful reimbursement claim experience.

YOUR MONEY: Assess the kind of health cover your parents need

Check for exclusions, deductibles & limitations in the insurance policies

Health Insurance: Riders add heft to your health plans

Buy these add-ons early in life to get higher and wider coverage

YOUR MONEY: Calculate how much life insurance cover you need

Upgrade your policies as you move from one life stage to another.

LIC Jeevan Kiran (Plan 870): New Term Insurance Plan – Check Minimum Premium, Eligibility, Benefits

LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation of India (LIC) has launched a new plan named Jeevan Kiran.

Decoding the difference between Term Insurance and Life Insurance

Let’s understand differences between Term Insurance and Life Insurance, enabling you to make the right decision when choosing the coverage for your specific needs.

80% consumers rely on personal recommendations for purchasing insurance: Study

Personal recommendation from friends and family or a known agent is the top trigger for insurance consideration for approx. 80% of the respondents.

Your Money: Get a loan against your life insurance policy

Life insurance helps to safeguard individuals and their family against financial risks because of untimely death. Life insurance policies can also be pledged to avail loans during any financial emergency.

LIC Dhan Vridhhi (Plan 869): Premium Calculation, Benefits, Eligibility – All Details

LIC Dhan Vridhhi (Plan 869): The Life Insurance Corporation (LIC) of India has launched a new close-ended plan – LIC’s Dhan Vridhhi plan. Check key details

Health insurance: A critical illness plan is a must buy

Individuals with a family history of diseases such as cancer or coronary artery bypass should opt for adequate critical illness cover. While a comprehensive health insurance policy provides coverage for expenses like hospitalisation, a critical illness policy will provide a lump sum benefit upon diagnosis of a covered critical illness, regardless of medical expenses.

HEALTH INSURANCE: Think before opting for deductible

If policyholders have higher income and can afford higher medical expenses, they can go for a higher deductible amount to lower the total premium payout.

Three important things you must check before buying health insurance

Don’t just go for the policy with the lowest premium. Conditions could apply, and you could end up spending a lot more than you saved on the premium.

How much money is ‘ideal’ for retiring with the same lifestyle? Survey finds

Most individuals are cognizant of the need to factor in inflation and rising medical expenses while planning for their life’s new chapter.

Health Insurance: Get discount on premium for multi-year health policy

The policyholder can claim tax benefit of up to `25,000 under Section 80D for self, spouse and children year on year for the entire tenure of the policy.

Things to keep in mind while purchasing life insurance after 40 years of age

Life insurance helps safeguard one’s family and oneself against two types of financial risks – untimely death and old age.