Showing posts from April, 2020

Cancer Cover- Why we need Financial Cover for Cancer, in addition to Mediclaim

Income Protection against Cancer Treatment On hearing the name Cancer, you start feeling scared - the main reason is physical pain and loss of family members and money, but there is no reason for this because it can happen to anyone, whether a person is rich or poor. If someone is suffering from cancer, he has to get treatment regardless of his economic background. Nowadays cancer has become very expensive and a long term treatable disease. If a person suffering from cancer than not only himself but also his entire family got disturbed. So everyone should be covered with sufficient income protection against cancer. "On the death of a person in the family, he cannot be brought back but his income can be continued to support the family." To maintain your income, you need to make an economic plan that will be with you in these difficult times and to meet the needs of your family after you leave. Today we will talk on the same issue how you ca

How to make Health Insurance Claim Easely

Currently Health Insurance policies are being sold as Mediclaim policy that means the insurance company will provide/ settle the claim for the policyholder during hospitalization through the cashless mode. Although reimbursement mode is also available. Many health insurance companies provide cashless facility for its policyholder, but it can be used only on its network hospital, other hospitals do not offer the cashless hospitalization facility. In such cases, the policyholder needs to pay the dues to hospital and get the expenses reimbursed by submitting a claim to the insurer. So before purchasing health insurance the policyholder should be read companies guidelines in terms of network hospital. Here is how to claim: Intimate to your insurer If you are going to be admitted to a network hospital due to some illness, it is your responsibility as an insured to inform your insurance company about the claim. However, in case of emergency hospitalization, the insurer or third-p

Health Insurance

What is health insurance? The terms health insurance is a type of insurance that covers your medical expenses. A health insurance policy is a contract between an insurer and an individual/ group in which the insurer agrees to provide specified health insurance cover at a particular “Premium”. Why is Health Insurance important? Health Insurance protects us from the  sudden, unexpected  costs of  hospitalization ( or other covered health events, like critical illnesses)  which would otherwise make a major dent into household savings or even lead to indebtedness. Each of us is exposed to various health hazards and a medical emergency can strike anyone of us without any  Prior Warning  . Healthcare is increasingly expensive, with technological advances, new procedure and more effective medicines that have also driven up the costs of healthcare. While these high treatment expenses may beyond the reach of many, taking the security of health insurance is much more affordable. So

Insurance- Inportance of insurence

Better life insurance for investment There are many investment options around us, but only a few options get our attention. Life insurance is one of these options Let us know how this can be a great option. I sincerely hope that after this information your intention will change and you will take advantage of it. There are many options like stock market, mutual fund, FD which are considered good for investment. • We all hope to get better returns by investing. But getting returns is not enough. Our investment should be such that can help us and our family to fight against any emergent smiling situations in future and stay safe. • Life is an option in which there are many benefits on an investment that we do not get anywhere else. Benefit of investment in insurance- • Often people tend to invest in other investments such as mutual funds, FDs, property, etc., and if they invest, they withdraw before a certain time (period). But there is a continuous investme