I was considering purchasing more term insurance. I had a cover of 2 Crore but had realized that it was too less. Now the question was to identify the right companies that my family could rely on when I was no longer there. The first thing I did was to go to mintwise.com to check […]
If you are considering a purchase of a Health Insurance policy for yourself or your family, Well Done, you are making a wise decision. Why Health Insurance: Life expectancy has moved up continuously over the last few decades. This means that we may need to manage multiple diseases or medical conditions in our lifetime. Luckily, […]
We all love our cars and give due care to their safety & maintenance. We all consider buying motor insurance as part of our car care plan. In India, buying a third party motor insurance is compulsory, without which driving on the roads will be considered as illegal. Motor insurance in India has two broad […]
We obviously want to stay happily and healthily for a long, long time. However, there is always an uncertainty in terms of death, disability or disease. Life Insurance has been the most preferred tool to counter any such uncertainty. A Term Plan offers a good protection plan at affordable price. The sum Insured is payable […]
Claim Settlement Ratio is widely used for comparing companies when buying Term Insurance. This data is published by IRDAI on a yearly basis. In this article, we’ve compared how each company stands on this measure for death claims settled in the year 2015-2016. Don’t forget to read some of the important disclaimers associated with using this measure as an evaluation tool – it will give you a clear perspective before you make the decision on the term insurance plan of your choice.
A claim under a motor insurance policy can be classified as: Own damage claim: If there is damage to your car, the claim is called as an own damage claim. Third party claim: If there is an injury or worse to someone else or damage to someone else’s car, it is called as a third […]