Protection decision comes before investment decision

Published in Mint on Jan 02 2016   Money conversations usually start and end with where to invest. But did you know that before the investment decision comes the protection decision. Reason is simple. You create assets out of current income and savings. If some harm were to come to those assets, you will have […]

Read More

A top-up plan is useful only if you already own a base plan

Published in Mint on 18th February 2014, Written by Kapil Mehta I am 33 years old. I am covered along with my family (wife and child), for Rs.4 lakh through my company’s group mediclaim policy. I am considering taking a personal cover as well. Would you recommend going for a top-up insurance plan? Not all […]

Read More

Nominee has to pass money from insurer to deceased’s heirs

Published in Mint on 11th February 2014, Written by Kapil Mehta Do critical illness protection riders offered by life insurance companies serve the same purpose as health insurance? —Avik Health insurance is a broad term that covers several types of insurance products—mediclaim or indemnity-based, critical illness, hospital cash or accidental injury. Generally health insurance is […]

Read More

Medical conditions should be disclosed while buying mediclaim

Published in Mint on 15th April 2014, Written by Kapil Mehta What does it mean when one is asked to claim for domiciliary hospitalization? —Chandana Domiciliary hospitalization refers to treatment that under normal course would have required hospitalization but was taken at home instead. The reason for taking the treatment at home should be that […]

Read More

Health insurance premium for parents is tax deductible

Published in Mint on 1st April 2014, Written by Kapil Mehta Does a comprehensive motor insurance policy cover towing charges? —Piyush The practice varies across insurance companies. Increasingly, insurers are picking up these costs and, in fact, even arrange for the tow. Some insurers put limits on the cost they will incur. For example, costs […]

Read More