What is ULIP? Unit Linked Insurance Plans (ULIPs) are a type of insurance product that combines the protection of a life insurance policy with the opportunity to invest in various market-linked instruments such as stocks, bonds, and mutual funds. The versatility of ULIPs is one of their key advantages. Policyholders can choose the specific investment […]
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When it comes to financial planning, life insurance is an essential component that provides financial security to your family in case of any unfortunate event. However, with various types of insurance policies available in the market, deciding which one to choose can be confusing. One common dilemma is whether to opt for term insurance or
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Every health insurance policy has a pre-existing condition clause. Purchasing medical insurance might be challenging for those who have had pre-existing health conditions for a few years. Health insurance is becoming a need and a necessary financial safety net in case of a medical emergency. According to statistics, 514 million people in India were covered
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You will have basic knowledge of health insurance if you are landed here. We are sure you came to know the brief of those technical terms, like a waiting period. You’ll be aware of the waiting period once you complete this article. If you have heard advice on health insurance, for sure, you would have
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One of the basic financial planning steps is health insurance! Today medical bills are the expensive ones and the only way to the dissolution of your savings or availing of emergency loans. Medical insurance will save both life and wealth during unpredicted health hazards. A stat says that only 514 million people in India had
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In India, the awareness and importance of health insurance have reached more than 50% of the family since COVID-19. But, it’s important to know how health insurance works in India. A study by National Health Accounts found that in 2016 – 2017, 58.7% of all healthcare costs were paid out-of-pocket. According to a survey published
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Are you looking for affordable life insurance coverage that won’t break the bank? The zero-cost term insurance comes as a lifesaver. As the name suggests, this type of insurance comes with no premium cost, making it a popular option for those on a tight budget. But how does it work, and what are the benefits?
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Life insurance is defined to be an agreement between the policyholder and the insurance provider company. It is used as a safety instrument for the family. The most important type is term insurance. In this unpredictable life, you don’t know what will happen in the next few minutes. Many families become bankrupt once the family
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