Critical Illness- How to plan for it

What is critical Illness ? How to plan for means an illness, sickness or a disease or a corrective measure like Cancer, Kidney failure, Coronary Artery (Bypass) Surgery, Heart Attack (Myocardial Infarction), Heart Valve Surgery, Major Organ Transplantation, Multiple Sclerosis, Primary Pulmonary Arterial Hypertension , Aorta graft surgery, Paralysis, Coma, Total Blindness and Stroke etc. which requires treatment by a Medical Practitioner.

Impact of long-term diseases and treatment on your goals-How to prepare for it?

We do not have a specific path through which one can guarantee that he/she may not suffer from any of the diseases.
So if your family has a history of such ailments, it’s best to prepare for them.
The best way to protect yourself against the long-term diseases is by buying the critical illness Cover!

How to choose the right health insurance plan

Choosing the best health insurance plan which best fits a person’s requirement is an important decision not just for the person but also for the family.

While choosing a health insurance plan, it is important to keep in mind that the type and size of the plan varies from person to person. The needs of a healthy young single person are quite different from the needs of a family person.

Family Floater or Individual Mediclaim – Which one to opt for?

Kulkarni wanted to buy a health insurance plan, when he called a couple of insurance guys he was asked the same question – Sir are you looking for Family Floater or an Individual Mediclaim policy? Are you also in the same dilemma?
All insurers offer two variations to its health insurance products – Family Floater and Individual mediclaim. But each of them has their pros and cons.

The Arbitrage Edge

The term arbitrage refers to buying and selling of an asset in order to profit from the difference in prices between two markets. For example, the equity stock price of Infosys was Rs. 1,243 in the cash market and the futures price of Infosys was Rs. 1,252 in the futures and options market. Hence by buying the stock in cash market and selling or shorting Infosys futures in the futures market you would be making a profit of Rs. 9 (Rs. 1,252- Rs. 1,243).

How much health insurance cover should you ideally take

Health Insurancetakes care of the financial backup needed in case of medical issues and emergencies. It helps to save money on various expenses incurred from hospitalization and other Out Patient Department expenses. However, there are various things that one should keep in mind before purchasing a health insurance cover.