Knowledge Bank.

Apr 14 2022

If you do not have health insurance or enough funds to cover medical treatment, it is highly likely that you will avoid visiting the doctor even when it is absolutely necessary for you to do so. It is said that a stitch in time saves nine, which is all the more true for medical emergencies.   When disaster strikes, you will not be in a position to think rationally or logically and may make financial decisions that could cost you big in...

Apr 14 2022

As you grow older every year, your health status may change, and so do your needs for health insurance. You may get married, have a child or even develop lifestyle related illnesses. As life progresses, medical costs usually only go up.   How do I choose a health insurance plan based on my age? Ideally it is advisable to buy a health insurance plan as soon as you start earning, at a young age when diseases are at bay. The younger you...

Apr 14 2022

  Why is it important to have health insurance? It is important to have health insurance to protect your savings and investments against unforeseen medical expenses. Medical expenses in India have been rising year-on-year, which far exceeds the amount of regular salary increments or general inflation. Having a comprehensive health insurance plan and maintaining a healthy lifestyle are ways in which we can counter this problem. What...

Apr 14 2022

What is Critical Illness Health Insurance? Critical Illness Health Insurance is an insurance against the diagnosis of specific kinds of illnesses. It pays out a lump sum amount upon diagnosis and confirmation of one of these conditions or upon undergoing specific medical procedures.   Who needs Critical Illness Health Insurance? Practically everyone who may be at risk of contracting one or more of the illnesses covered should have a...

Jul 20 2021

The Coronavirus pandemic has changed life as we know it, perhaps forever. Most of us reminisce about how ‘normal’ our lives used to be before the virus upended our ideas of normalcy. It has changed the way we live and function. On a broader level, it has also changed how economies function and countries do business. Sectors like retail, travel, banking and insurance and manufacturing have changed irrevocably. The following are the main...