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Dental Insurance in India: Covers and Benefits. Sumit recently discovered the excruciating pain of when one’s wisdom tooth starts to come in.
Having endured it for quite some time, he decides to get the tooth extracted before it gets even worse. After asking around a bit about the possible dental options he could take up, he realizes having this surgery will be expensive. Looking at his health insurance plan, he realizes he never opted for the dental cover. Make Sure You Have Travel Insurance before Visiting These Places.
Do not read if you are not daring enough or have a weak heart. This blog is for those who are globetrotters and people seeking adventurous places to visit across the globe. To visit these spooky places, you need to be daring enough, as they will scare the hell out of you. Doing similar things again and again won’t give you different results; likewise, going on a regular vacation with no zing and fun will snatch away the essence of vacationing. For an awesome vacation, you need seasoning of adventure. Traveling is a break from your regular tiring life and induces energy, motivation, and zest to endure the harsh life. One cannot speculate all kinds of travel dangers, as they might vary from one place to another. Let’s explore! Stay Healthy with an Adequate Health Insurance Investment - Everybody Loves Your Money.
7 Money Saving Tips for Entrepreneurs. This content is provided by our partners in India.
Starting a company is one of the most stressful, yet rewarding periods of an individual’s life. You have to worry about payroll, group health insurance, marketing your business, and even employees leaving during crucial periods. All of this can be extremely devastating but it is important to have a solid foundation and understanding of the areas that you have control over as an entrepreneur.Money is one among the keys to establishing a business that has a strong foundation and a wise investment can be vastly productive. Here are 7 Money Saving Tips for Entrepreneurs: Use Organic Search Instead of Paid Acquisition Most entrepreneurs feel that investing millions of dollars into paid advertising, such as Google, Facebook, LinkedIn, etc. ads are some of the best ways to grow your business but what tends to happen with new companies is they start a company and spend money on paid acquisition.
Cut the Fat Spend Money Where it Matters. Health Insurance – A Necessity, Not an Option. World Health Organisation (WHO) statistics show that approximately 47% hospital admissions in rural India and 31% in urban India are funded by loans and asset selling.
The same study also reveals that roughly 70% Indians spend their full income on healthcare and purchase of medication, and that around 3.2% Indians will drop below the poverty line because of the financial burden of high medical bills. These alarming statistics prove how medical contingencies can strain our cash flows and negatively impact the achievement of important long term financial goals. The burden of loans taken to cover for medical expenses adds to the problem further. Growing medical inflation and advancements in medical technology are contributing to rising medical care costs. Simultaneously, longevity is improving, making it essential to avail of more medical care.
4 Clauses Hidden in the Fine Print of Healthcare Policies. Do any of us actually take the trouble of reading all the terms and conditions before signing an insurance policy?
Not many of us do as we do not have the habit of looking beyond the first page of an application. However, if you are taking a health insurance policy, you will be better off by reading the fine print carefully. Most insurance companies have terms and conditions which could pose trouble later. Let’s take an example. Mr. Mr. Do You Really Need Diabetes Insurance? Read on to Find Out. Did you know?
India is called the “diabetes capital of the world”.By 2030, as many as 80 million Indians are likely to have diabetes.Beating diabetes was the theme for 2016’s World Health Day celebrations. Given these facts, it’s no rocket science to understand how important the fight against diabetes has become in our daily health needs. With so many people battling this dreadful disease, it is important that we ensure proper insurance cover in order to minimize the health related expenses. Here are the top 5 reasons why you must go for a diabetes-specific insurance plan: In 2015, 1 in 11 people worldwide had diabetes and 12% global health expenditure was incurred on diabetes treatment.
10 Things You Never Knew Car Insurance Covered. Car owners sign up for or renew their car insurance policies, sometimes without being aware of numerous important things the insurance policy covers.
Not all of us take the trouble to read the policy document, due to which we miss out on significant benefits covered in the policy. For instance, many car owners are unaware that being a member of the Automobile Research Association of India (ARAI) entitles them to a discount on the car insurance premium. 1. Beyond Just Accidents Cover Contrary to popular belief, car insurance covers more than just damage or losses caused by accidents. 2. 9 Myths that Don't Let You Make the Most of Your Car Insurance. Almost every car owner understands the significance of having comprehensive car insurance.
But sadly, understanding the legal mumbo-jumbo associated with car insurance policies remains a daunting task, for many. Health Insurance and Smoking: All That You Need To Know. One of the biggest myths associated with health insurance is that, if you are smoker, you are likely to face several obstacles, before getting your insurance plea approved.
Although this is purely a myth, it is a fact, that in most cases, being a smoker will automatically heighten your premium amount, when compared to a non-smoker. However, that should not deter you from taking up a health insurance policy. Are you too faced with questions: would your premium be too high? Premium Seafood Online. All You Need To Know About Health Insurance Portability. The Insurance Regulatory and Development Authority of India (IRDA) has devised a convenient method that comes as a welcome relief to those unhappy with their current health insurance providers - Health Insurance Portability.
Health Insurance Portability allows policyholders to transfer their existing health insurance policies to a new health insurance provider. Portability safeguards customers from being taken for granted by insurance companies, gives them flexibility, and offers better and more options. The best part about Health Insurance Portability is that customers have the freedom to switch to a better health insurance provider, without having to worry about losing accrued benefits from the previous policy.
The policyholder may also carry forward the waiting period for coverage of pre-existing diseases. Top 7 Best Two Wheeler Insurance Company in India. Under The Motor Vehicles Act, third-party two-wheeler insurance is mandatory in India. Apart from being a legal mandate, having insurance also acts as an added benefit in case of a damage or loss to a two-wheeler due to accidents. Along with third-party liability benefits, two-wheeler insurance offers various additional benefits like free services/repair of the two-wheeler as well as its accessories, additional discounts, etc.
However, given the sheer multiplicity of insurance providers in the country, choosing the best two-wheeler insurance policy in line with one’s exact requirements and budget becomes a challenging task. Well, today we’re going to make it easy for you. Points You Should Know for Easy & Quick Car Insurance renewal. For many, renewing their car insurance policy remains a big challenge.
But you’ll be surprised to know that it isn’t as tricky as it sounds. In fact, the recent development of online car insurance purchase and renewal provides car-owners with a host of benefits and is a great way to save money as well. However, after purchasing a car insurance policy, it is important to continue renewing it. If you’re looking to renew your existing car insurance policy, here are a few easy tips to ensure a smooth renewal process.
Before we proceed any further, be advised that third-party car insurance is mandatory by law in India. 15 Quick Ways to Save Money on Healthcare - GroundReport. The number of people with medical insurance is in the majority. However, medical care is still one of the largest areas of expenditure for any average family. In many cases debts accumulated by the way of medical bills have also culminated in bankruptcies for quiet a few people. The cost of drugs, medical insurance and primary care are steadily rising, putting undue financial pressure on families at large. Although different policies and plans issued by the government are always available to assist people with moderate social means, the increasing cost of medical products are also pushing up the basic deductibles, on an average rising at a rate of 6% per annum, against reduced benefits offered.
Top12 Schemes Initiated and Revived by Modi Government. After the Prime Minister of India, Mr. Narendra Modi, successfully completed his one year of governance, media did create the review report of the government, thereby listing both the successes and failures after thoroughly analyzing what has been in the center from day one. Needless to say, the first year of the Modi Government has been good for both the government and the party, i.e. Bhartiya Janata Party (BJP). Meanwhile, the government had launched and revived multiple schemes that assured social security to the countrymen, having mammoth significance.
Once taken, these schemes ensure secure and comfy future to people. A government-backed pension scheme aimed at the unorganized sector in India. What’s the eligibility? The Next Ten Years will be the Age of Insurance Aggregators. Back in the 90s, insurance was bought mostly through an agent, where the agent would recommend a plan, explain its benefits, help fill in the policy documents and then periodically collect the cheque for the premium payments. The insurance market has dramatically changed since, with the methods of selling insurance having evolved as a result of the internet boom. You can now buy not only products and foodstuffs online, but insurance products as well. A large number of private players have entered the insurance market over the past few years.
They offer a wide array of insurance products, where customers can evaluate the terms and conditions of each insurer, and then pick the plan that is in line with their budget, expectations and individual requirements. Pradhan Mantri Suraksha Bima Yojana. Accidents take place frequently on the Indian roads. Why an honest proposal is a must for health insurance. While applying for a health insurance policy, the policyholder is required to fill in the application form and provide information on any pre-existing illness. IRDAI Increases Third Party Insurance Premium Rates in 2016.