Insurance

An often neglected yet important financial product, critical illness coverage has often been misunderstood, mis-sold and confused with health insurance. To better understand the need for this insurance, let’s look back in time to see how the concept came about. Contrary to what you would expect, critical illness coverage wasn’t conceived by a financial company […]

Just a few years back, India was a country with relatively affordable healthcare services. However, this perception and the cost of healthcare has changed rapidly with rising inflation in healthcare costs, which is double the average retail inflation (CPI). Now a major illness could affect your bank account significantly, depleting your hard earned savings. Just

At some point of time in life, someone, somewhere has tried to sell you an insurance policy. The idea of insurance may remind you of experiences of hard-selling, pushy sales people, and incessant nudges from that annoying relative / friend, just to get you to sign up for a policy. So, why does that happen?

There has been an age old debate about which is better. Different people will give you varying answers depending on their vested interest and level of knowledge. The conflicting views might understandably leave you confused but the answer is easier to arrive at than you might think. All you need to look at are the