Should you buy term life insurance with staggered payout option in case of death?
Term insurance plans offer the staggered payout option instead of lump-sum payout in the event of the death of the insured person. However, such payout options offer low returns. When should you opt for such an option?
Buying term life insurance policy during coronavirus pandemic becoming difficult
Buying a term insurance plan is getting difficult due to the...
Want to know how much life insurance cover you should have? Here are two ways to calculate
The first step of a financial plan is to make sure...
IRDAI allows insurers to offer short-term health policies for coronavirus treatment
Short term health policy means any health insurance policy contract which has been issued for a policy term of less than 12 months. However, a policy term less than three months is not permitted by the regulator.
New vehicle owners will have to buy these insurance covers as long-term motor policy will go from Aug 1
Move will help new vehicle buyers as they will not have to pay a huge premium cost upfront.
Insurers can offer Arogya Sanjeevani Policy for sum insured above Rs 5 lakh: IRDAI
You can pay the policy premium either annually, half-yearly, quarterly or in monthly mode. There will be uniformity in premium pricing. No geographic location/ zone-based pricing is allowed.
Three changes in health insurance from Oct 1 that will help policy holders
The provisions of these guidelines shall apply to new health insurance products filed on or after October 1, 2020, while for existing health insurance products the modifications can be made with their renewal from April 1, 2021.
Aegon Life launches 1-year term insurance with COVID-19 cover. How to buy using the Flipkart app
This launch is aimed to provide Flipkart customers with a comprehensive insurance cover against COVID, that can be availed on the Flipkart app along with the base life insurance plan. Customers up to the age of 50 years can buy this policy.
Does your motor insurance policy cover damage during riots?
The motor insurance policy document always mentions the coverage, exclusions and exceptions in the terms and conditions. The amount of reimbursement of damage cost that you are entitled to at the time of claim depends on various factors.
Term insurance policy premium may rise again in coming 3 to 6 months
Term insurance premiums are calculated on the basis of mortality rate and expected claims outgo, and accordingly, re-insurers fix the re-insurance premium that they charge insurance companies.
This indemnity-based coronavirus health insurance covers PPE cost. Should you buy?
This will be a standard health policy which will provide coverage of up to Rs 5 lakh for hospitalisation expenses related to Covid-19. The policy will cover consumables such as PPE Kit, gloves, mask and other similar expenses used for the treatment.
How much and what type of health insurance policy you need for different life stages
The need for health insurance changes from youth to old age depending on one’s lifestyle and genetics. ET Wealth tells you how much and what type of health plans you should have as protection against poor health through various stages of life.
Will Standard Benefit Based Coronavirus Health Insurance policy help you?
The cover will be a benefit-based product offering a 100% lumpsum if a policyholder tests positive.
Telemedicine to be covered under health insurance policy amid coronavirus outbreak: IRDAI
This move brings relief to medical insurance policyholders who may prefer to consult medical practitioners online or telephonically to avoid going out of their homes or if they are in quarantine themselves due to the coronavirus infection.
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