Insurance

Due to a sedentary way of life, we have become victims of a number of lifestyle-related diseases. The rising cost of healthcare expenses is because of a deteriorating health condition. Keeping this in mind, the healthcare insurance provided to you by your employer might not be sufficient and this is why you need to think ahead when planning for your family. Investing in medical insurance is an important step. Such an insurance plan will not only provide cover for medical expenses but also help you to enjoy the benefits of tax deduction. Listed below are various ways in which you can seek tax exemption. Section 80D of the Income Tax Act As per Section 80D, any individual who purchases a mediclaim policy will be allowed an exemption from tax. If you buy a policy for yourself, you can get a t...

We know that credit score is being used by different loan providers and credit card companies to assess the credit history of a person. It is their basis whether they will approved a loan or credit card application or not. When you have a Charter Ping An Car Insurance, chances are that your premium rate are based on your current credit score. Today, motor insurance companies look at the credit score of a person applying for an auto insurance. Read on and let us know how your credit score affects your vehicle policy premium and how to maintain a good credit score. What is credit score? A credit score refers to the figure that represents the creditworthiness of an individual. A credit score ranges from 300 to 500. These numbers can be lower or higher depending on the ability of the individua...

Life insurance is a contract between the policyholder and insurance company, wherein the insurance company promises to pay a sum amount in case of death of the insured in exchange for a certain premium amount which needs to be paid for a specific tenure. It provides financial protection to the family in times of need. Life insurance could be purchased through online or offline mode. Let us scratch the token and see what’s exactly in Life Insurance and let us also check the guidance before buying a life insurance plan in India. There are many types of Life Insurance plans available in India: Term Life Plan: This plan offers sum assured to individuals in case of demise of the insured during the policy term. But if policy tenure completes and nothing happens to the insured, then the amo...

You are driving your car when you suddenly hear an unusual noise, your car jerks a bit and then comes to a stop. Or maybe it comes to a stop without any warning whatsoever. You try to start it again but the vehicle refuses to budge. Anyone who has driven a car knows that this is a very real possibility. Having a good online car insurance can help you with the towing and repair charges. However, what would you do if your car broke down in the middle of the road? Here are a few tips: Make Your Presence Known The very first thing you should do after stopping the car is to make sure the other drivers on the road are aware of your presence. You should switch on the warning lights and indicators. If it is night time, then switch on your cabin lights too. Also, make sure to always get out from th...