MyInsuranceClub.com is the best place to compare insurance, Go there

SocialTwist Tell-a-Friend

MyInsuranceClub Blog
Money has diverse roles to plays in all our lives. From meeting our daily requirements to helping us fulfill our life’s goals in the future, the value of money cannot be undermined. In today’s unstable economic conditions, it is important to be prudent and invest for a steady future ahead. And saving your hard earned money is the first step towards this goal. This assures us safety of future cash, and helps us to meet unexpected financial emergencies. Where saving means setting aside a certain amount of money for a purpose, investment results in wealth building and yields returns o... [More]
Views(7331)
SocialTwist Tell-a-Friend
Healthcare costs were significantly lower a decade ago. A health policy of Rs. 2 lakh back then could provide adequate coverage for a small family; today, the same policy will not go far. Galloping inflation in healthcare has ensured that a single health plan is no longer enough. Many are now buying multiple policies in order to increase their health coverage. However, multiple policies give rise to multiple queries regarding the claims process: Should I claim with one company? Should I split the claim amount among multiple companies? On which policy should I claim first? Which bills wo... [More]
Views(2084)
SocialTwist Tell-a-Friend
Multiplexes, Mall Shopping, Low Cost Airlines, Smart Phones, Tablets, 3G connection, Super-Market, Pizza, Café Frappe, etc. have now become a part of our daily lives. India has started to eat, wear and live differently. Investment hasn’t taken a back step either. In fact, today’s youth are investing quite prudently through SIP etc. although their focus is still on Short Term Returns rather than Long Term Capital Gains. The only difference is with Term Plans. Term Plans have become quite popular even with the underlying fact that they are ONLY Protection Plans with no returns... [More]
Views(1782)
SocialTwist Tell-a-Friend
Most plans that are there in the industry are actually Endowment Plans and understanding the basics of Endowment Plans would empower each one of you to understand most of the plans that are there. Like the 3 basic colours Red, Blue and Green and other colours being a combination of these primary ones, there are 4 basic types of Life Insurance Plans in the industry and other plans available are combinations or extensions of these basic ones.   The 4 basic types of Plans available in the Life Insurance Industry are: 1. Term Plans- which cover the pure risk and are the cheapest form of Li... [More]
Views(1632)
SocialTwist Tell-a-Friend
There are two schools of thought in India - one who believe in the concept of Health Insurance, are aware of the benefits and are pro-active about it. And the others, who feel that they are fit and can never fall ill, discard the need for health insurance; even though they are in agreement of the fact that the costs of hospitalisation and medical treatment have reached sky high in the last few years. So, to combat their queries, I thought of writing about Health Insurance in India, its penetration and importance and whether or not it should be mandatory, by law or by principle.   Let us... [More]
Views(1357)
SocialTwist Tell-a-Friend
'Have you planned for your retirement?’ ads are beamed on television constantly and they show up on other media as well. Many of them are great commercials—they make you think about your own retirement plans. Then, that thought is gone in a flash, and you are no closer to your retirement goals.Most people look at retirement planning as something to do in the distant future. The attitude is that retirement is years away. Moreover, retirement planning is not exactly ‘fun’. So many people just push it away for the time being. This is a mistake and let me tell you why.> ... [More]
Views(1207)
SocialTwist Tell-a-Friend
ULIPs are good instruments to invest in equity markets however like any other financial instrument it is important that the investor understands structure of ULIPs [More]
Views(1198)
SocialTwist Tell-a-Friend
A quick read to help you choose the best Car Insurance Plan for yourself depending on your car type and features that you must consider [More]
Views(1163)
SocialTwist Tell-a-Friend
Buying a life insurance plan has never been this easy. For the net savvy investors of today, insurance companies offer life insurance plans that are exclusively available online. These online insurance plans are easy to buy and a sure shot value for money. So you no longer need to depend on insurance agents or wealth managers.  You could get yourself a life cover at the click of the mouse.   What are Online Insurance Plans Online insurance plans, or sometimes also known as E- insurance plans are pure term plans that could be bought online only. These plans are characterized by muc... [More]
Views(1739)
SocialTwist Tell-a-Friend
Medical costs have been increasing by the day. From hospital expenses, to surgical costs, a medical emergency could bring about a sudden jolt not only emotionally but financially too. At such times of medical emergencies a health insurance plan is the best way to protect you and your family. It takes care of all medical expenses in case of an unforeseen illness/ surgery, thereby reducing the financial burden.   Reasons to Take a Health Insurance Plan A health insurance policy should be an integral part of your portfolio. For the premium that you pay a health insurance plan: - Covers... [More]
Views(1178)
SocialTwist Tell-a-Friend