Liaison International Insurance by American insurers Each year, millions of people travel outside of their home countries, beyond the limits of their domestic health insurance coverage. When they are away from their native land usually travelers will be concerned about expenses that could result from an injury or sickness while abroad. To meet the need of such visitors traveling overseas, several prominent American insurances companies...more
What To Check For When Arranging iPhone Insurance Coverage If you have ever accidentally dropped your iphone and have spent anxious moments checking it over to see if it is okay, you know why you need iphone insurance coverage. While many people think that they will take care of their phones and ensure that nothing will ever happen, the truth is that accidents can take place that are beyond your control and the cost of repairing or...more
Life Insurance is a very popular way of saving on your tax liabilities. Section 80 C of the income tax states that investments upto Rs 100000 on life insurance and unit linked plans can reduce your tax liability by Rs 30,000, thereby making the effective premium Rs 70,000. On top of that, the maturity proceeds on your life insurance policy are tax exempt. This is the govt's way of incentivising you to invest in life insurance as a long term savings instrument. Most probably, you already have availed of some tax benefits through your company PF etc. So if the PF contribution is Rs 40,000 for the year, the balance amount of Rs 60,000 can be easily invested in a life insurance policy. What makes the unit linked policies more attractive now is that the charges have been drastically reduced by IRDA a few months back. Lower charges essentially mean that the investment returns will be higher for you, as you are paying less for the insurance agent's commission as well as the management fees etc of the insurance company. Also, the fact that lapsation charges have been significantly reduced makes it a safer instrument in case you cannot continue the policy in the next few years. The only...more
You will find motives many people ought to go shopping for homeowners auto insurance occasionally and even every year. Lots of people overlook they will lower your expenses when they do a estimate inquire on their home owners car insurance coverage. This may save folks who very own a home and car a great deal of funds if they've been excellent...more
Bajaj Allianz Travel insurance for Indians Traveling is a thrilling and adventures experience for many people. When we set out of our home to visit different destinations we get acquainted with diverse culture, tradition, custom, food habits of the people abroad. Travelers must be aware of certain risks which might encounter while...more
How Your Driving Record Affects your Life Insurance Rate Most people know that a bad driving record can affect car insurance rates, but did you know that your driving history may affect your life insurance rates as well? That makes sense when you consider that life insurance companies basically gamble on how long you will live. People who are in excellent health, younger and lead healthy lifestyles are preferred by life insurance companies and this category of people pay the least premium. But what if you have traffic violations say, a ticket for speeding, or a DUI? How does this impact your life insurance?Bad Driving Increases Your Death RiskAccording to the National Highway Traffic Safety Administration, an average 40,000 Americans die from car accidents each year. Car crashes are the number one killer of teenagers, taking about 3,000 lives each year. Nearly 5 million suffer car-related injuries every year which emergency visits to the hospital. Bad driving is associated with higher risk of death. Therefore, life insurance companies take a look at your driving history and any violation of traffic rules is considered to be a risk that may shorten your life and therefore,...more
Regulation 60 in the Life Insurance Industry Insurance companies are regulated both by the federal government and the state government. These regulations are designed to protect the integrity of a company as well as consumer rights.Regulation...more
When Is the Right Time to Buy Life Insurance? When is the right time to buy life insurance? One answer could be right now! Right now is a good time to consider purchasing a life insurance policy. It is a well-known fact that the sooner you...more
The first thing you should do before arranging car insurance is check what the requirements of your state are. Car insurance is a legal requirement for drivers in the vast majority of states and those states have specific laws regarding what level of...more
Making Sense Of Condo Association Insurance Condo living is a wonderful way to keep expenses down while still being able to enjoy perks and benefits you may not have been able to afford otherwise. There is a sense of shared community unrivaled...more
While contents insurance is a great idea and something that can be a real life safer, the tougher economic times are forcing many of us to reconsider or monthly expenses. While something like health insurance is a must have, insuring the contents of...more
Condo Association Insurance: Things To Know Condominium as we all know is a shared building and a resident has to insure only his portion of the property through Condo association insurance. Insurance terms are not the same for all the...more