Aviva Blog | Life Insurance Tips
Everything we do today and how we are working towards our ambition of meeting our customers’ needs better
Health insurance covers medical expenses that arise due to an illness. These expenses could be related to hospitalization and other pre and post-hospitalization expenses. Life insurance health plans are amongst the lesser-known insurance plans even though 89%* of all private healthcare expenditure in India is out of pocket.
There are basically two basic types of health insurance plan:MORE
Life is uncertain and one can never predict what the future holds. To make sure that your family is financially secured in your absence, you can opt for a term insurance plan.
Term Life Insurance plans are the most basic, cost effective and easy to buy life insurance plan which protects the financial future of your family at a nominal cost. The premiums paid for term plan are minimal compared to any insurance plan.MORE
Perhaps the first thing you tell your grown-up daughter or son, who's just starting working, is to buy an insurance policy to save money from getting taxed. The idea is simply myopic -- just to save a few thousands we set aside an amount to buy our first and probably the last life insurance policy. The whole noise is so much around investments that one often forgets that a life insurance is still worth it and very much worth its own salt.
For a youngster, his first job gets new hopeMORE
When Amit, 37, an advertising executive in Delhi, underwent an emergency heart surgery, his family battled the headwinds, both emotionally and economically. Amit’s family, which was already grappling with the financial burden of EMIs for two loans and saving for their daughter’s education, had to spend their entire lifesavings on hospital bills. A health cover, in this situation, would have saved them the distress.
Amit is one of the many young urban Indians who are falling prey toMORE
The modern Indian woman today is breaking age-old barriers and meeting new challenges, both personally and professionally. However, it is imperative women free themselves from financial overdependence on family and guard against dire situations like divorce, death etc.
This is where sound financial planning plays a key role for a woman in securing her life and the lives of her loved ones.
Here are 10 things to do for women to be financially independent: