Why should life insurance be taken under Married Women’s Property Act (MWP)?

Why should life insurance be taken under Married Women's Property Act (MWP)

The Married Women’s Property (MWP) Act holds particular significance for married men in India when purchasing life insurance. This act is instrumental in protecting the financial interests of a man’s wife and children, ensuring that life insurance benefits intended for family support remain secure. By invoking the MWP Act, a married man can structure his … Read more

When and how to complain Insurance Ombudsman for quick resolution on claim rejection

When and how to complain Insurance Ombudsman for quick resolution on claim rejection

When Rohit received a staggering medical bill of ₹32 lakhs for his wife’s treatment, he relied on his health insurance policy to cover the cost. However, despite the valid claim, his health insurance provider rejected it, leaving him burdened with the entire amount. Multiple attempts to resolve the issue with the insurer were futile, pushing … Read more

Why Corporate Group Health Insurance is Not Enough and Why You Need Additional Coverage

Why Corporate Group Health Insurance is Not Enough and Why You Need Additional Coverage

In today’s workplace, corporate employees often rely on employer-provided group health insurance policies, believing that these will suffice for all health-related expenses. However, this assumption can lead to significant gaps in coverage, leaving individuals exposed to high medical costs. Let’s explore why employer-provided insurance plans may fall short and why it’s essential to consider a … Read more

Star Health SuperStar Plan Eligibility, Features, Optional Covers & Benefits

Star Health Insurance Super Star Plan Eligibility, Features & Benefits, Optional Covers & Add-ons, Discounts, Waiting Period

Star Health Insurance, known for its affordability and durable health plans, has introduced a revolutionary plan: the Super Star Plan. This plan stands out with flexible features, diverse add-ons, and unique benefits that cater to a wide range of customer needs. In this article, we’ll dive deep into the eligibility, features, and benefits of this … Read more

Super Star New Plan Launched by Star Health and Policybazaar

Super Star New Plan Launched by Star Health and Policybazaar

Super Star New Plan- The Indian health insurance market has witnessed tremendous growth over the years, with companies constantly innovating to cater to diverse customer needs. In this competitive space, Star Health and Policybazaar have joined forces to launch a groundbreaking health insurance product—Super Star. Touted as one of the most customizable and flexible policies … Read more

What is PYGI, definition, types, benefits | PYGI BIMA 2024

What is PYGI, definition, types, benefits PYGI BIMA

What is PYGI Policy – The insurance industry is at a pivotal point where new concepts like “Pay as You Go Insurance” (PYGI) are gaining attention. With customers becoming increasingly savvy and demanding more flexible solutions, PYGI is emerging as a model that caters to this shift. But for insurance agents, this raises several concerns. … Read more