What is critical Illness ? How to plan for it? Critical Illness 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. Critical Illness insurance is the insurance bought for covering the above mentioned life-threatening ailments one […]
Critical Illness- How to plan for it
Impact of long-term diseases and treatment on your goals-How to prepare for it?
Cancer, AIDS, Cardiovascular diseases are some of the life-threatening ailments that have seen a growth in past years. In fact, the news reported by Times of India says – “Annually, nearly 500,000 people die of cancer in India. The WHO said this number is expected to rise to 700,000 by 2015”. On the other hand, Indian Express stated – 1.96 lakh new HIV infections were reported last year! Do you think you need extra cover to help you financially in […]
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. 10 key points to remember when choosing the best health […]
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. So let’s quickly dive into what when and why of these two, […]
How much health insurance cover should you ideally take
Health Insurance takes 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. Factors to be Considered while deciding on the quantum of Health Insurance Cover are : Family History – The insurer will look at the history of health problems and diseases contracted […]