The simultaneous growth in the demand and pricing of real estate properties across the country drew the attention of the Central Government towards this volatile industry. Subsequently, multiple initiatives were taken to safeguard the interest of potential homeowners. One of the flagship initiatives introduced included the Pradhan Mantri Awas Yojana scheme. It was designed to offer the Lower Income Group (LIG), Economically Weaker Section (EWS), and Middle-Income Group (MIG I and II) ind...
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During pregnancy, women may face certain health problems that can affect the health of the mother or the baby or both. Pregnancy complications have increased over the last few decades. Some complications occur simply during pregnancy and in other cases; the patient may have had prior health issues. These can range from only discomfort to serious life threatening issues if prompt and proper healthcare services are not provided.
Therefore, it is of absolute importance to know about the ty...
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An effective risk mitigating tool hedging you against rising healthcare expenses, a health insurance policy is a modern-day need. Financial advisors strongly advocate for health insurance as a medical emergency can arrive unannounced and wipe out your life’s savings. Today family floater plans you can cover all members of your family under a single policy. However, while finalising a health insurance plan for family, you mustn’t ignore these five essential elements.
1. The sum insured
On...
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More than 2 crore formal division workers will before long have an alternative to pick health insurance products accessible in the market in lieu of the required scheme kept running by the Employees State Insurance Corp (ESIC).
# At present, formal division workers with month to month wages of up to Rs 21,000 every month are obligatorily covered under the health insurance scheme kept running by the ESIC.
# The Labor Ministry will before long send a bill to the Union Cabinet to revise t...
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With each passing day, we see new devices are getting launched in the market. The reason is the changes and upgradation in the technology has invented innovative devices in the market. The same rule applies for medical devices and equipment. The medical equipment you bought a few years ago seems to be outdated because of the advent of new technology. Various types of medical equipment are capturing the medical markets. From big hospitals to small clinics, from doctors to surgeons, people in the ...
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Health is indeed wealth and if you maintain it well, it will help you save tons of money, if you don’t, it will cough up your income and savings before you can even blink.
As a result, to maintain, and manage the possible health scars or not in the near future that may poke a hole in your budget, opting for the health insurance is a must.
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If you want to avail life insurance at a minimal cost and yet wish to seek the benefits of availing the lump sum amount by your beneficiary in case of your death, term insurance is a good option!
Yes, if a policyholder dies during the policy tenor of term insurance, his/her nominee is entitled to receive the selected assured sum. If a policyholder is alive by the end of the policy duration, he/she is not eligible to receive any maturity amount.
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