Page 2 - Insurance Cover

Benefits offered by OPD cover should be in line with your family's needs

If OPD coverage is built into a policy, or is offered as a rider, the limit will be specified

Heading to developed country? Opt for larger sum insured, say analysts

If you plan to travel abroad soon, one way you can protect yourself is by purchasing adequate travel insurance

Greater insurance cover or low premium: Strike a balance, say experts

It is advisable to buy a policy that offers more comprehensive coverage

Cyclone Tauktae: Consider Bharat Griha Raksha to shield against calamities

To safeguard your vehicle against a cyclone, supplement a comprehensive motor policy with a couple of add-ons

Insurance companies can provide cover to investors in tough times

Firms will gain if they do a balancing act between claims and income

Payout from EPFO insurance scheme is tax free: Check details here

The minimum death benefit under the scheme has been fixed at Rs 2.5 lakh, with effect from February 15, 2020. A bonus is also available under the scheme. The maximum is Rs 1.75 lakh

Be mindful of sub-limits on mental illnesses in your insurance cover

OPD covers compensate for counselling sessions, but these always have a sub-limit

Deposit maturity claim documents at nearest office anywhere, says LIC

But it will be valid till the end of the month

Comparing insurance products difficult? Opt for a standard policy

Evolved buyers with specific needs should go for comprehensive personal accident cover

Compare prices across term insurance plans to get best deal: Experts

Increase payment tenure, go for monthly premium to counter hike in term rates

Choose hospital cash benefit plan, cut your out-of-pocket spend

This is a supplement to and not a substitute for the regular hospitalisation cover

A term policy is the preferred option for covering home loan liability

A home loan protection plan could pose problems if you wish to switch or foreclose your loan

Small-ticket insurance cover is for beginners: Is it really worth it?

In the long run, you must migrate to standard life, accident, and health policies

Unable to get health cover? Buy a standard vector-borne disease insurance

Standard policy will make price comparison across insurers easy

Fidelity clause covers all employees

In a recent case, National Commission observed that the policy defined an employee to include officers, clerks, servants and other employees

Saral Jeevan Bima will have lower entry barriers, but may not be cheaper

High expectations are pegged to the Saral Jeevan Bima (SJB), the standard term insurance cover slated to be launched on Janua­ry 1

When buying cancer cover, look for a policy that pays even at early stage

Make sure that the payout is not restricted to detection at stage III or IV

Statsguru: India gets healthier, but insurance coverage still low

Richer households tend to use hospitalisation services more

Covid-19 brings insurance policies for directors back into mainstream

Enlightened buyers, particularly those with complex global exposures to litigious markets, are waking up and demanding sophisticated covers for their specific needs.

Insurance grace period may give rise to disputes

All policies expiring during the lockdown should be deemed extended for this period and one week thereafter