Intro Term insurance is often misunderstood due to assumptions, half-information, and informal advice. These myths can prevent individuals from evaluating term insurance objectively or lead to incorrect expectations about how it works. Clarifying common misconceptions helps policyholders approach term insurance with realistic understanding. Myth 1: Term Insurance Is a Waste If No Claim Occurs One […]
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Intro Term insurance is designed to provide financial protection for a defined period. One of the most important decisions a policyholder makes is choosing how long the coverage should last. The duration of cover determines whether the policy aligns with long-term responsibilities and financial dependencies. Understanding coverage tenure helps avoid under-protection or premature loss of
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What Health Insurance Covers in India Health insurance in India is designed to help policyholders manage the financial impact of hospitalisation and certain medical treatments. Coverage typically applies to inpatient care, which involves hospital stays exceeding 24 hours, subject to policy terms and conditions. Most policies reimburse or cashlessly settle eligible expenses such as room
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What Is Term Insurance Term insurance is a form of life insurance that provides financial protection for a specified period, known as the policy term. If the insured person passes away during this term, the insurer pays a pre-defined sum assured to the nominated beneficiary, subject to policy terms and conditions. Unlike savings-linked or investment-oriented
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