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  • Is Your Family Underinsured? The HLV Method Explained
    Sarthak is a 30-year-old primary earner for his family of four in Bangalore, earning ₹30 lakh per annum and bearing expenses of ₹18 lakh each year. His insurance advisor has previously said that his family is underinsured. He feels that his family is well covered through the existing Term Insurance policy of ₹1 crore and his employer-provided group life insurance cover of ₹60 lakh....
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  • Your Health Insurance Can Cover HIV Treatment – But Check for These 3 Mistakes
    Ravi got diagnosed with HIV (Human Immunodeficiency Virus) infection at 32. He immediately started to panic about how he was going to afford the treatment. He had no idea what kind of insurance he would need or if he would be eligible for any.   So just to be sure, he consulted his insurance advisor, only to find that general health insurance plans in India do not cover HIV treatments....
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  • What Third-Party Insurance Actually Covers and 3 Things People Get Wrong
    Ramesh, 25, has just bought his first used car at an attractive price. His car already had third-party insurance from the previous owner. Wanting to keep his costs low, Ramesh decides not to buy any additional cover for his car. A few months later, Ramesh gets involved in a road accident. Another person is injured, while Ramesh's car is also damaged. His passengers also need medical...
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  • Why the Cheapest Car Insurance Premium Often Costs More
      This year, Ramesh may end up spending ₹2.4 lakh in repairs out of his pocket, even though he has OD car insurance with the cheapest premium plan of ₹8,500. But his new insurance advisor saves him that repair cost with a new plan that costs just ₹3,000 more. Most car owners want to reduce their insurance premium, but because of that many fall into the trap of choosing one with lower...
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  • The Shopkeeper's Insurance Wake-Up Call: ₹9.5 Lakh Lost in 3 Days
    Punith has run his saree retail shop in Malleswaram, Bangalore, for over 10 years and has built a successful business with many regular customers. Then one monsoon season cost him ₹9.5 lakh.   Previously, Punith has dealt with slow-sale months, supplier-payment pressures, delayed payments, shop rent increases, small thefts, minor water leaks, and shop repairs, to name a few. He has...
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  • Why the Cheapest Car Insurance Premium Often Costs More
    This year, Ramesh may end up spending ₹2.4 lakh in repairs out of his pocket, even though he has OD car insurance with the cheapest premium plan of ₹8,500. But his new insurance advisor saves him that repair cost with a new plan that costs just ₹3,000 more.   Most car owners want to reduce their insurance premium, but because of that many fall into the trap of choosing one with lower...
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  • Is Your ₹13 Lakh in Home Contents Insured? 3 Reasons It May Not Be
    Many Indians think that the contents of their home cannot be insured without insuring the home itself. There are others who think home insurance is just for the building. Both are wrong.   Pooja was one such person, whose home in Bangalore got broken into while she was away. Her TV, laptop, camera, gold jewellery and other belongings were stolen, and she had no insurance cover.  ...
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