Category: Insurance

Health Insurance

Health Insurance is a type of insurance that covers our medical expenses. A health insurance policy is a contract between an insurer and an individual / group in which the insurer agrees to provide specified health insurance cover at a…

Types of Life Insurance Policies

Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc.  Different types of insurance policies are as follows Term Insurance: This type of policy gives the protection for a set period…

Requirement of Life Insurance

Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. In life insurance, the Sum Assured or the amount guaranteed to be paid in the event of a loss is by…

Online Insurance

More and more businesses are moving away from brick-and mortar establishments to set up shop in the virtual realm of the World Wide Web. So, in this blog we are going to know about the online insurance and how it…

ULIP or Mutual Fund: Which is the best?

If you have to choose an investment option then you should take care of the following things: More importantly, you have to ensure that your family’s future expenses are taken care, even if something unfortunate were happening to you. Another…

Regulation of Insurance Sector in India

Insurance Regulatory and Development Authority is the main regulatory authority of insurance sector in India. The IRDA Act was passed in December, 1999 with a view to 1. Provide for establishment of an Authority 2. Make amendment in Insurance Act,…

Retirement / Pension Plans

Retirement/Pension Plans are savings and investment plans that provide income after retirement.These plans help to build a retirement corpus which is invested on maturity to generate a regular stream of monthly income to cover policyholder’s expenses. Pension plans provide financial…

ULIP: An Introduction

ULIP(Unit Linked Insurance Plan) is a category of goal-based financial solution that combines the safety of insurance protection with wealth creation opportunities. In ULIPs, a part of the investment goes towards providing us the life cover and the remaining   portion…

Requirement of Health Insurance

Health insurance gives us and our family the financial security to meet health related problems & contingencies. Due to changing lifestyles, health issues have acquired completely new dimension overtime, becoming more complex in nature. It ensures that no matter how critical…

Investment of Money

What do you mean by investment of money? Any source where we put our money to get a better return in the future is called investment of money. These investments give value to our money as if we keep our…