Discard these insurance plans

Published in Mint on Dec 05 2016, Written by Kapil Mehta Insurances can become irrelevant because of product improvements, lower current cost, change in laws or even lack of expected change in laws. Friends often send me their insurance portfolios to review. As I browse through the dusty files there are many insurances that are […]

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Only a few insurers cover overseas treatment for critical illnesses

Published in Mint on Dec 01 2016, Written by Abhishek Bondia There are different protocols to claim for treatment overseas. Some insurers require cashless payment, whereas others prefer reimbursement. Is it possible to get coverage for treatment outside India under a health insurance plan? —Kavita Lahiri Medical insurance plans issued by Indian insurers cover treatment […]

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Are you a good insurance customer?

Published in Mint on Nov 03 2016, Written by Kapil Mehta Buying insurance is an intense process. You share intimate details on your health and income, subjecting yourself to scrutiny from insurers. When things go wrong in this process, the instinctive reaction is to blame the insurer or the salesperson. But customers are also at […]

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5 Benefits of Buying General Insurance Online

How do you decide which insurer to go for when buying a general insurance policy? How do you decide which plan suits your needs best? Can you ensure that you have understood everything about the policy and process? Will your claim be quickly processed when you need it most? All these are questions which keep […]

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The need to build deeper insurance distribution landscape

Published in Mint on 14 October 2015, Written by Kapil Mehta Last weekend, I was in Varanasi for a short break. Sailing down the Ganges by the ghats we were transported into a different world. The cycle of birth, life and death were vividly portrayed in a half-hour boat ride. I find it hard, however, […]

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Taking the trick and trap out of insurance

Published in Mint on Sep 16 2015   Mint Money has always advised you to avoid traditional insurance policies that double up as investment products. This is primarily because of three reasons: high costs, opaque structures and poor investment returns from these policies. But if recommendations of the Sumit Bose committee are implemented, most of […]

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Why your domestic help must have insurance

Published in Mint on Sep 07 2016, Written by Kapil Mehta The building, in Delhi, where I stay has 11 residents with 15 supporting domestic staff consisting of full-time maids, drivers and security guards. Since there are about 400 homes in my locality this means our small colony alone has over 5,000 domestic staff. They […]

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At higher ages, one should opt for high sum assured amounts

Published in Mint on Sep 06 2016, Written by Abhishek Bondia I am 50 years old. I want to buy a suitable mediclaim policy. Please advise. —Surendra Khemka You could refer to the Mint SecureNow Mediclaim Ratings (www.livemint.com/mediratings) for a suitable plan as per your age. The rating is a comprehensive evaluation that considers factors […]

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