In today’s digital era, technological advancements are reshaping almost every industry. The Indian insurance sector is also witnessing a huge shift that is changing how we perceive insurance coverage. Traditional insurance coverage is designed with a ‘one-size-fits-all’ model, and pricing based on general risk profiles is no longer considered effective. With the integration of cutting-edge […]
Fire Perils Insurance Comprehensive Coverage for Your Business
Fire can be one of the most catastrophic events for any business, causing not only physical destruction but also financial turmoil. From destructive property damage to operational discontinuity, the impact of fire can leave businesses struggling to recover. This is where fire insurance comes to your rescue, offering protection against unforeseen fire-related risks. Fire insurance […]
How to Save Money When Buying Insurance?
Insurance is a vital financial tool that provides peace of mind and protection against unexpected events. Be it any insurance type, it is essential to save money on insurance, as it helps you balance financial protection and affordability. Saving money when purchasing insurance involves understanding your needs, researching, and exploring options to reduce premiums. Saving […]
5 Common Mistakes When Buying Insurance and How to Avoid Them
Choosing the right insurance coverage is crucial to staying adequately protected when an unexpected event occurs. However, buying the right coverage can be daunting, considering the plethora of options available. A wrong policy can leave you underinsured and put you in financial distress in a time of need. Hence, it is important to avoid certain […]
How Does Group Health Insurance Vary in Different States or Cities?
Group health insurance plans shield the employees, the most valued assets of the organization. Though most group insurance plans provide comprehensive coverage at a relatively lower cost, the policy can vary significantly depending on the state or city in India. State or city healthcare infrastructure, cost, local regulations, and industry competition can play a major […]
What Are the Benefits of Using a GHI Calculator?
Group health insurance is important for companies to protect their employees’ well-being and give them affordable and comprehensive health insurance coverage. It helps them retain employees, attract new talent, and improve business profitability with a healthy and efficient workforce. Businesses can customise the coverage according to their needs, optimising employee satisfaction and insurance costs. Making […]
Reasons why group health insurance cheaper than individual health insurance
Group health insurance plans, often extended by employers to their workforce, present a more budget-friendly alternative compared to individual health insurance plans. While both avenues boast distinct benefits and limitations, the cost-effectiveness of group mediclaim insurance plans stems from various factors. Risk Pooling Dynamics: A Collective Shield One of the primary reasons behind the economic […]
Group Health Insurance Plans for self-employed
Self-employment offers individuals in India the freedom and flexibility to pursue their professional aspirations. However, being self-employed also means shouldering the responsibility of securing one’s own health and financial well-being. Considering this, group health insurance policy for self-employed individuals has emerged as a valuable solution, providing comprehensive coverage and peace of mind. Therefore, this article […]
Group Health Insurance Plans for Bank Account Holders
Bank account holders in India often seek ways to secure their financial well-being and protect themselves and their families from unforeseen medical expenses. In response to this need, group health insurance has emerged as a valuable offering, providing comprehensive coverage and peace of mind. This article aims to shed light on the benefits, eligibility criteria, […]
Difference Between Insurance Policy and Consequential Loss Policy
Let us consider the example. The fire accident has the potential to not only protect the goods and machinery but also impact the projects that are ongoing and are in the pipeline of the industry. The general fire insurance policy like Standard Fire and Special Perils policy covers fire and allied perils but not the […]