Mar 9 2010

Importance of Health Insurance

Introduction
In this article I will be writing about the key points related to choosing the right health insurance policies. It is one of the important financial planning for you and your family. In the recent survey, it shows that India has the highest number of diabetes patients in the world. It is very shocking news [...]

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Feb 5 2010

Life Insurance Premium u/s 80C

Introduction
In this article I will be writing about the tax exemption for insurance premium. It is obvious that insurance premium is in everyone’s portfolio for the tax savings. Don’t buy the insurance only for the tax savings purpose. Also learn about the other facts related to tax savings on insurance premium. If you have any [...]

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Jan 29 2010

Requirements for Hospital in Processing the Medical Insurance Claims

Introduction
In my previous article I have written about the tax exemption for medical insurance and medical claims. Also there is one important factor determines whether the hospital is eligible for claiming the expense. There is certain rules which needs to be met by the hospitals. Subscribe to our future articles here.
Check List

There should be minimum [...]

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Jan 27 2010

Top 5 things to consider for mediclaim reimbursement

Introduction
Few days back I have written about the tax exemption for medical insurance. The deductions can be claimed u/s 80D. There is many other things we have to note down while claiming the medical expenses. There is many circumstances the claims will be rejected due to the insufficient documents or details submitted to the insurance [...]

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Jan 24 2010

Tax Exemption for Medical Insurance u/s 80D

Introduction
In my previous articles I have written about the medical insurance and the tax exemption for paying the insurance premium. In this article I just want to present the table format which explains the amount of eligibility for the tax exemption. Many people not clear how much one can claim under the medical insurance premium. [...]

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Jan 19 2010

Why ULIP’s are not good choice?

Introduction
In this article I want to explore few facts about the product Unit Linked Insurance Plans(ULIP) and why it is not the good option as many of the people unknowingly buying this product. This article explains about the ULIP and it compare with the mutual funds. Also why agents are misleading the customers to buy [...]

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Dec 29 2009

Query on LIC Policy

In this post I am answering one of the query I received through Ask Your Questions.
Question:-
I have been holding a LIC policy since 2001. I will be migrating to USA from the next year. Can I continue the LIC policy in abroad?
Answer:-
Yes. You can continue the policy when you are outside India. You can either [...]

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Dec 17 2009

Switching health insurer without losing benefits

Introduction
In this article I will be writing about the new option provided for the health insurance policy holders. It is good news that IRDA has come up with rules favor of the policy holders. Please subscribe to our future articles here.
Switching health insurer without losing benefits
You can not switch to the another health insurer without [...]

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Nov 27 2009

What is Term Insurance Plans?

Introduction
Term Insurance plans are the purest insurance plans available in the market. There are different types of insurance plans in the market like Term Insurance, Endowment Insurance, ULIP, etc. Every type has its unique features. I have already written one article about the difference between insurance and investment. So, it is good to select the [...]

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Nov 26 2009

ICICI Pru. Pinnacle – ULIP Policy

Introduction
In my previous article I have explained about the LIC Jeevan Nischay, a new policy introduced by the LIC. Here I am writing about the another new policy from the ICICI Prudebtion, called as ICICI Pru. Pinnacle. It is an ULIP policy. If you are not sure about ULIP policy, read our previous article What [...]

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