This is the 3rd article on health insurance. I hope you have already read the earlier articles, if not take a look at them now. Today we are going to discuss an important feature called Unlimited Restoration. You might already be familiar with Sum Insured from our earlier articles, it is the maximum amount the…
There are many exciting features added to the new generation of health insurance. The competition among health insurance companies is catching up, and many are inventing new riders to stay relevant. We will discuss one such rider — SUPREME BONUS today. AI Generated Image If you have already taken a health insurance policy, you might be aware…
Currently, health insurance is not a mandatory product in India. With the rising cost of healthcare and the speed at which newer variants of diseases are identified — there is no way a common person can keep up by paying expenses from their pocket. Even a decently well-off household is just a bill away from bankruptcy. The…
Last week we discussed how important an insurance product is. We also discussed why term insurance is much better than an endowment plan, money-back scheme, or a Unit Linked Insurance Plan (ULIP). One of the reasons is that we are a better investor via the MF route. If you have not read that chapter yet,…
