Child Insurance 

young star udaan! hdfc plan for pan-india market

Posted on 03 Jul 2014 by Easypolicy

Bringing up a child is no more the same as it was few decades back. There was a time when parents used to plan in terms of saving while planning to give higher education to their children. If a student had the capability to crack competition, he/she was sure to propel on the success path. Parents did not have to take too much pain to think about the finances to meet the educational needs of their kids. A very few of parents would think about investing in any kind of child plan for their kids.
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Term Insurance 

all about term insurance

Posted on 28 Jun 2014 by Easypolicy

As a life cover, Term insurance offers Death Benefit to the Beneficiary in case the Insured person dies during the Term of the policy. And, in case the Insured does not die during the Policy period, the Coverage ends and there cannot be made payout or death claim. The USP of Term plans is that they offer high cover at very low pricing. And, certainly the Term plans differ from person to person in number of aspects that include Policy term, plan choice, entry age, death benefits, Maturity benefit [...] Continue Reading

Health Insurance 

points to know before going for health portability

Posted on 27 Jun 2014 by Easypolicy

Changing your Health Insurance from one insurance provider to another insurance provider is referred as Health Insurance portability. When changing the Health Insurance Policy from one insurance company to another, one does not lose the accumulated benefits. Earlier, Health Insurance portability used to result in loss of benefits such as Waiting Period of covering “Pre-existing diseases.” But, with IRDA coming in to picture, the right to port the Policy to any insurance provider is protected. IR [...] Continue Reading

Pension Insurance 

myths of retirement

Posted on 27 Jun 2014 by Easypolicy

You love it or hate it retirement is a phase which most of us need to go through. There are mixed feelings that people get when they think about their retirement. At times people feel excited about having all the leisure time which they can spend the way they want and when people are not in the best of their moods they get concerned whether or not their health and finance would be in the best of shape to support their retirement plans. People try to envisage the future and there are some myths t [...] Continue Reading

Car Insurance 

ways to reduce premium for car insurance

Posted on 25 Jun 2014 by Easypolicy

If the Premium that you pay towards your car insurance pinches your pocket there are ways you can bring down this liability. You do not actually have to compromise on the Coverage too much, rather you need to be just a bit discreet about what you are buying and also be aware of the various options that you have in hand. Here are some ways that will help you bring down your car insurance premium:

1) Avoid making minor claims in favour of No-claim bonus Continue Reading

Life Insurance 

what to know about life insurance?

Posted on 25 Jun 2014 by Easypolicy

Life insurance provides the financial resources your family may need to pay immediate and continuing expenses when you die. It thus protects your family from future financial uncertainties in case of your unfortunate early demise. Buying a life insurance is an important decision and it needs to be taken with some background understanding. Here are some basics you should know about life insurance before you buy one for you.

1) How much life insurance is [...] Continue Reading

General Insurance 

term plan or health plan – what to buy if you have limited money?

Posted on 24 Jun 2014 by Easypolicy

The consequences of an early death are quite painful as the emotional trauma of losing a near and dear one is further aggravated by the financial distress. Likewise, if you face a medical illness and you do not have enough money to pay for the treatment costs there is nothing worse than that. Hence, it is desirable that people own adequate insurance to cover the financial risks associated with early death and medical illness. A life insurance or a Term plan would cover the financial liabili [...] Continue Reading

Investment Insurance 

how to know the future value of your monthly investments

Posted on 17 Jun 2014 by Easypolicy

Money has both present value and future value. I will articulate this concept by discussing a situation. Assume that you are in the business of lending money. If you lend somebody a million dollar for duration of five years, would you expect the person to return the same amount or want him to pay back an amount that compensates you for the sacrifice you made?

The amount of money that the other person agrees to pay you back after five years is the future value of your money. Likewise, [...] Continue Reading

Travel Insurance 

how important is third party insurance in travel insurance?

Posted on 12 Jun 2014 by Easypolicy

Ask people about how they feel when they have to travel. You would get mix reactions from them. Some would say they enjoy travelling, and some would say they do not. But majority of people find travelling more hectic and stressful. Most of us would agree that travelling is stressful, but it can be made hassle-free and simple if you have done proper planning for it.

How can your travelling be made smooth? It can be made smooth and seamless if you plan in advance, take care of all your [...] Continue Reading