Consider a combination of a base policy and a super top-up policy.
Insurance advisors say it is imperative to compare the features on offer before buying a policy. A careful perusal of wordings will highlight the policy clauses unfavourable for you.
Mahavir Chopra tells you what to check before you choose a diabetes insurance plan.
Given the high cost of treating cancer and the reasonable premium rates at which these plans are available, one should opt for a cover at the earliest.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
Most customers still don't understand this concept and are unable to benefit from it.
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
Moving to a new company means losing out on continuity benefits
If you quit or change jobs in your 40s, buying an individual term plan will be expensive. You might not even get one if you have health problems, says Priya Nair
IRDA's condition that treatment under AYUSH has to be at a government hospital or an institute recognised by the government makes insurance cover difficult.
Mahavir Chopra explains the pitfalls one may face after buying a day care insurance policy
You will lose out on discounts and have to pay a higher premium.
'When buying a term insurance plan, you need to visualise today what could happen to your family tomorrow in your absence,' suggests Mahavir Chopra, director-health, Coverfox.com.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
Here are all the things you need to know so that you worry about nothing but your grades, says Mahavir Chopra. Read on!
Before you buy a cashless benefit plan at lower premiums, check if you can make full use of it. Most don't even exhaust the entire benefit.
Insurers cover the house on market value, and not on construction cost. They also don't insist on bills when giving the policy
While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future
Follow these steps diligently to ensure that there isn't any hardship when your parents fall ill