Posts

Term Insurance Policy In India

Best Term Insurance Policy for Family Income Tax Benefits In respect of premium paid, you can avail a deduction of up to Rs.150, 000 per annum under Section 80C of the Income Tax Act 1961. Also, the death benefit paid to your nominee (in case of unfortunate death) is tax-free under Section 10 (10D) of the Income Tax Act 1961. The premium charged for term insurance policies depend on the following variables: The age of the person whose life is to be insured Whether that person is or not a smoker, Other significant health issues or conditions The duration of the term for which coverage is sought The policy limits applied for. There is a great deal of competition among insurers for term life business, which means low-cost coverage for the consumer. The premium you pay is a small price compared to the benefits attached to a life insurance term plan. The objective The objective of term insurance is to pay the sum assured to the family, in case of the unfortunate demise-...
Post a Comment
Read more

Best Health insurance Service For your Family

BEST HEALTH INSURANCE SERVICE FOR YOUR FAMILY In contemporary times, there is a lot of fuss in the electronic media concerning health insurance? Have you ever thought about what it is? Well, a little knowledge is always dangerous. So, first things first, you need to understand the concept of health insurance as a service. Simply put forward, it is a form of service, which safeguards you from paying huge bills in case of a medical contingency. It decreases the odds of paying huge bills if you fall sick or have an accident. All you need is to deposit smaller amounts periodically, i.e., premiums in exchange for the insurance company’s promise to pay the cost of treatment in the event of something unexpected. Importance of Health Insurance With the passage of time, health and medical facilities are becoming more expensive. In this backdrop, it becomes imperative to have the support of a health insurance policy. The right kind of cover can make all the difference between life ...
Post a Comment
Read more

Best Travel insurance for seniors over 70 India

Image
Best Travel insurance for seniors over 70 India “People loses their health to make wealth and then loses all their wealth to regain health”.  This indicates that health and wealth dwell side-by-side. Possession of good health is a fundamental virtue that paves your way to earn wealth and lead a wholesome life. There is a popular proverb by Mahatma Gandhi, it is not the piece of gold and silver but  Health that is real Wealth . All these words of wisdom prove that good health is of great importance that could not be forsaken. Hence, it becomes our moral responsibility and a necessity to do the needful for safeguarding our health.  Despite our best effort, the possibility of a critical illness or accident always looms over.  Thus, it becomes necessary to remain always prepared for facing medical contingencies with confidence. Best Travel insurance for seniors over 70 India  In such an unfortunate yet unforeseen situation, we are most troubled by our he...
Post a Comment
Read more