Author: Shreyas Dole
In India, there are several kinds of life insurance plans available. While the most of them are excellent, not all of them may be appropriate for you. This is why you must examine your individual needs, understand the breadth of coverage provided by each plan, and then choose the best choice for yourself. While term life insurance provides coverage for a certain length of time, whole life insurance provides coverage for a longer period of time. Endowment plans mix insurance and investment components. Term Life Insurance Explained A term insurance policy is a simple life insurance policy that provides just…
The Premium for Government Insurance Pradhan Mantri Jeevan Jyoti Bima Yojana is a one-year life insurance plan that is renewed annually. The government has increased the premium rates for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima Yojana (PMSBY). The premium for PMJJBY has been raised from Rs. 330 to Rs. 436, while the premium for PMSBY has been raised from Rs. 12 to Rs. 20. The premium rates for the programs have been changed, with both programs now charging Rs 1.25 per day. PMJJBY is a one-year life insurance scheme for a life…
In the world of sales and marketing, one of the most important variables is car insurance brand loyalty. Read the article to learn about the benefits and drawbacks of auto insurance brand loyalty discounts. In the world of sales and marketing, one of the most important variables is brand loyalty. Today, brands invest crores of rupees to provide superior goods and services that help them sustain consumer loyalty. The greater the number of devoted consumers, the better the brand’s satisfaction rating and income. Brands earn a lot of money from loyal consumers, so they reward them with brand loyalty discounts…
Check your health insurance policy’s terms and conditions again. Is Orthopedic Surgery Covered Under Your Health Insurance Plan? Orthopedic cases have been on the increase in recent years. Although the majority of therapies are non-invasive, surgery may be necessary for severe circumstances. Furthermore, insurance companies have raised reservations regarding whether or not orthopedic surgery would be covered. They may be costly, and there are additional tests to consider, which is why having health insurance is a good idea. What is orthopedic surgery? Orthopedic surgery is routinely performed on the hip, shoulder, knee, wrist, and other body components. The procedure is…
Third-party insurance rates hiked According to a revised rate notified by the ministry, the premium for private cars with 1000 cc engine capacity will now be ₹2,094 as against ₹2,072 in the year 2019-20. If you plan to buy a new car or two-wheeler, get ready to pay more to drive one home from June 1. Buying a new car or two-wheeler is going to be expensive across the country from next month as the cost of third-party insurance premiums has been hiked. The rates have been hiked for the first time in last three years. The Ministry of Road…
An Analogy of Your Car to Your Life A car is perhaps one of the best metaphors for life among the many available. A car is perhaps one of the best metaphors for life among the many available. Exercise keeps our bodies in top shape, just like a well-tuned car engine that runs at peak efficiency. Whereas an unbalanced life, like an unbalanced car tire, predisposes us to mental, emotional, or even physical trauma. Furthermore, life is similar to driving a car. Sometimes you have a very specific destination in mind, and you know exactly where and when you will…
Multiple Term Insurance Policies What are the difficulties in obtaining health insurance for elderly parents? With the assistance of a tale, learn about the things you must consider. Creating a provision for term insurance is seen as a broad choice to develop a future corpus. However, it is much preferable to get many term policies. However, you must be open and careful while selecting more than one term insurance coverage. Before choosing one of these programmes, you must carefully weigh the benefits and drawbacks, as well as the terms and conditions. Term insurance has grown in popularity due to its…
Travel Tips As travel has resumed, now is the time to arrange those vacations. Good planning and preparation are essential for a stress-free vacation. The nuances have the ultimate ability to create or destroy the journey. It is especially vital when planning an overseas vacation. Traveling is always thrilling, but there is always the possibility of things going wrong or not going as planned. To ensure that you enjoy a stress-free trip abroad, here are 12 useful travel ideas to make your vacation a success: Book Flights and Accommodation in Advance: Last-minute flight bookings are often pricey. It is best…
In our nation, the demand for electric cars is increasing. Whether it’s a bike or a car, electric-powered vehicles are transforming how people travel. Uncertainty may occur at any time. A car accident or other disaster might put a person in financial trouble. An automobile insurance coverage is a go-to option for dealing with such unwelcome financial hardship. The market for electronic vehicles is growing, and demand is likely to increase in the next years. If you own or want to purchase an electric car, having electric motor insurance is critical. What is the definition of Electric Vehicle Insurance? Electric…
What is insurance? Insurance is a risk management tool. When you acquire insurance, you are purchasing protection against unforeseen financial losses. If anything horrible occurs to you, the insurance provider will compensate you or someone you pick. If you do not have insurance and an accident occurs, you may be held liable for all associated expenses. Having the appropriate insurance for the risks you encounter may make a significant impact on your life. A written contract between the policyholder (the person or entity that obtains the policy) and the insurer is known as an insurance policy (the insurance company). The…