Vikrant bought an insurance policy in 2009 which he wanted to surrender now. He submitted his request to the company and got the proceeds in few days. But when he showed it to the tax expert he was in a shock that the insurance policy was actually of post-2012 date and the policy does not […]
Three Pradhan Mantri Yojana have been introduced aiming at a wider financial inclusion. Pradhan Mantri Jeevan Jyoti Yojana and Pradhan Mantri Bima Suraksha Yojana are already launched and Pradhan Mantri Atal Pension Yojana will come into existence from 1st June 2015.The objective of these schemes is to give social security to the large unorganized sector […]
I have received numerous queries on online term insurance and every query seems to suggest that there is some confusion regarding this product. Most buyers are not very clear on the process and there is a good amount of apprehension on the claim settlement. Many agents too participate in spreading the confusion, knowingly or unknowingly, […]
Recently Insurance Bill was passed in both the houses of the parliament. The expectation has risen since then that the services for the consumers will improve and there will be much more accountability. Considering the wide spread miss selling in this segment and the role of intermediaries it will be interesting to see to what […]
While buying health insurance policy we generally look at the benefits like hospitalization cover, sub-limits, company history, claim settlement etc. Surely these are important factors and first in priority for selecting a good health insurance scheme. But there are and with time insurance companies are introducing benefits which are beneficial to policyholders.