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naukrisambad · 9 months ago
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The Comprehensive Guide to 1 Crore Health Insurance
The Comprehensive Guide to 1 Crore Health Insurance: Complete Coverage for Your Peace of Mind: In today’s uncertain world, ensuring adequate health coverage is paramount for safeguarding yourself and your loved ones against unexpected medical expenses. 1 Crore Health Insurance is gaining popularity as a comprehensive solution that offers extensive coverage and financial security. In this guide,…
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sonalj · 15 days ago
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₹1 Crore Term Insurance A ₹1 Crore term insurance provides a life cover of ₹1 Crore to the policyholder's beneficiaries in case of death during the policy term. Premiums typically start from ₹500 to ₹1500 per month, depending on age, health, and coverage period.
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shreejadhav1993 · 23 days ago
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Travel Smart: Your Complete Guide to UK Travel Insurance from India
As the allure of the United Kingdom continues to draw Indian travelers—from the historic streets of London to the scenic landscapes of Scotland—understanding travel insurance has become increasingly vital. With over 800,000 Indians visiting the UK in 2022, according to the Ministry of Tourism, the potential risks associated with travel are significant. The Insurance Regulatory and Development Authority of India (IRDAI) reported a 30% increase in travel insurance claims in the past year, underscoring the growing recognition of its importance. This guide aims to empower Indian travelers with essential information about UK travel insurance, ensuring a seamless and secure journey.
Why You Need Travel Insurance
Travel insurance is more than just a safety net; it's a crucial component of any trip abroad. Here are some compelling reasons to consider:
Medical Coverage: The UK has one of the highest healthcare costs in the world. An emergency medical treatment can cost between £500 to £3,000, depending on the severity. Without insurance, these expenses can quickly add up, making travel insurance indispensable.
Trip Cancellation and Delays: Data from the Global Business Travel Association indicates that 23% of trips experience cancellations or delays. Covered reasons can include sudden illness, family emergencies, or flight cancellations, protecting you from losing substantial amounts of money.
Lost or Delayed Baggage: In 2022, around 5.57 bags per 1,000 passengers were mishandled, according to the SITA Baggage IT Insights report. Travel insurance can help cover the costs of essential items during the wait for your luggage.
Personal Liability Protection: If you're involved in an accident that causes property damage or personal injury, legal costs can escalate quickly. Travel insurance can shield you from these potential financial burdens.
Key Statistics to Consider
Claim Amounts: The average travel insurance claim for Indian travelers is around ₹80,000, highlighting the financial risks associated with unprotected travel.
Low Uptake: Despite rising awareness, only 15% of Indian travelers purchased travel insurance in 2022, according to the IRDAI.
COVID-19 Related Coverage: With ongoing pandemic concerns, policies offering COVID-19 coverage have seen a 40% increase in demand.
What to Look for in a Travel Insurance Policy
When choosing the right travel insurance policy for your UK trip, keep these factors in mind:
Comprehensive Coverage: Ensure your policy covers medical emergencies, trip cancellations, lost baggage, and personal liability.
Sufficient Sum Insured: Depending on your trip cost, consider policies ranging from ₹5 lakh to ₹1 crore for adequate coverage.
Pre-existing Conditions: If you have health conditions, look for policies that offer coverage for those specific issues.
Claim Process: Opt for insurers with a user-friendly claim process and robust customer support available 24/7.
Tips for Buying Travel Insurance
Compare Policies: Use online comparison tools to evaluate different policies and find the best coverage at competitive rates.
Read the Fine Print: Understand exclusions, limits, and conditions in your policy to avoid surprises later.
Ask Questions: Don't hesitate to reach out to insurers for clarification on terms or coverage options.
Conclusion
Traveling to the UK offers an incredible opportunity for Indian travelers, but it's essential to travel smart by securing the right travel insurance. With rising costs and potential risks, investing in a comprehensive travel insurance policy is not just a precaution—it's a necessity. By understanding your needs and the available options, you can travel with confidence, knowing that you're prepared for any unexpected turns along the way. Don't leave your journey to chance; protect it with the right travel insurance!
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believersia · 4 months ago
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Important Government Schemes for UPSC 2024
When preparing for the UPSC exams, a thorough understanding of various government schemes is crucial. Here’s a detailed look at some significant schemes you should focus on for the 2024 examination:
1. Pradhan Mantri Jan Dhan Yojana (PMJDY)
Objective:
To ensure access to financial services, namely Banking/Savings & Deposit Accounts, Remittance, Credit, Insurance, and Pension in an affordable manner.
Key Features:
Account Opening: Zero balance savings accounts.
RuPay Debit Card: Free issuance to all account holders.
Overdraft Facility: Up to ₹10,000 is available after six months of satisfactory operation.
Insurance Cover: Accidental insurance cover of ₹2 lakh and life cover of ₹30,000 for accounts opened up to 28th August 2018.
Achievements:
Increased financial inclusion.
Enabled direct benefit transfers.
2. Atal Pension Yojana (APY)
Objective:
To create a universal social security system for all Indians, especially the poor, the under-privileged, and workers in the unorganized sector.
Key Features:
Age Eligibility: 18 to 40 years.
Pension Benefits: Minimum guaranteed pension ranging from ₹1,000 to ₹5,000 per month.
Contribution Period: Minimum of 20 years.
Government Co-contribution: 50% of the total contribution or ₹1,000 per annum, whichever is lower.
Achievements:
Promoted retirement savings among unorganized sector workers.
Enhanced social security.
3. Pradhan Mantri Awas Yojana (PMAY)
Objective:
To ensure housing for all by 2022 by providing affordable housing to the urban poor.
Key Features:
Beneficiary Categories: Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group (MIG).
Subsidy: Credit-linked subsidy for home loans taken by eligible urban poor to buy, construct, or renovate a house.
Technology Sub-Mission: Promotes use of modern, innovative, and green technologies and building materials.
Achievements:
Significant increase in housing development projects.
Improved living conditions for the urban poor.
4. Ayushman Bharat Yojana (PM-JAY)
Objective:
To provide health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalization to over 10 crore poor and vulnerable families.
Key Features:
Coverage: Covers both pre-hospitalization and post-hospitalization expenses.
Cashless and Paperless: Services across all public and empaneled private hospitals.
E-Cards: Issued to the beneficiaries for access to healthcare services.
Achievements:
Improved access to quality healthcare.
Reduced out-of-pocket expenditure for medical treatments.
5. Swachh Bharat Mission (SBM)
Objective:
To achieve universal sanitation coverage and to put focus on sanitation.
Key Features:
Gramin (Rural): Focus on eliminating open defecation through construction of household-owned and community-owned toilets.
Urban: Focus on 100% scientific management of municipal solid waste.
Behavioral Change: Extensive Information, Education and Communication (IEC) activities to promote hygiene practices.
Achievements:
Increased toilet coverage in rural areas.
Enhanced cleanliness and hygiene across urban areas.
6. Beti Bachao Beti Padhao (BBBP)
Objective:
To address the declining Child Sex Ratio (CSR) and related issues of women empowerment over a life-cycle continuum.
Key Features:
Multi-Sectoral Action: Involvement of Ministries of Women and Child Development, Health & Family Welfare, and Human Resource Development.
Focus Areas: Enforcement of Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act, promoting girl child education, and generating awareness about gender equality.
Achievements:
Improved awareness and advocacy on gender equality.
Positive changes in the Child Sex Ratio (CSR).
7. Make in India
Objective:
To transform India into a global design and manufacturing hub.
Key Features:
Sectors: Focus on 25 sectors including automobiles, textiles, biotechnology, and electronics.
Ease of Doing Business: Simplification of policies and regulations to attract foreign investment.
Skill Development: Initiatives to develop skills required for manufacturing and other sectors.
Achievements:
Increased Foreign Direct Investment (FDI).
Boosted manufacturing sector growth.
8. Skill India Mission
Objective:
To provide market-relevant skills training to over 40 crore youth by 2022.
Key Features:
Pradhan Mantri Kaushal Vikas Yojana (PMKVY): Short-term training and recognition of prior learning.
National Skill Development Corporation (NSDC): Facilitates private sector participation in skill training.
Skill Loan Scheme: Financial assistance for skill training programs.
Achievements:
Enhanced employability of the workforce.
Bridged the skills gap in various sectors.
9. Digital India
Objective:
To transform India into a digitally empowered society and knowledge economy.
Key Features:
Digital Infrastructure: High-speed internet, digital identity (Aadhaar), and mobile connectivity.
E-Governance: Online access to government services.
Digital Literacy: Initiatives like the National Digital Literacy Mission (NDLM).
Achievements:
Improved access to government services.
Increased digital literacy and internet penetration.
10. Jal Jeevan Mission
Objective:
To provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India.
Key Features:
Community Participation: Involvement of local communities in water management.
Sustainable Water Supply: Focus on sustainable water sources and efficient use of water.
Technological Intervention: Use of technology in monitoring and ensuring water quality.
Achievements:
Increased household tap connections.
Enhanced water supply management in rural areas.
Familiarize yourself with these schemes, understand their objectives, features, and achievements, and keep abreast of any updates or new schemes introduced by the government. This will not only help you in the UPSC exams but also in understanding the broader context of India’s developmental policies.
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investment-insider · 8 months ago
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5 Points to Consider before buying Term Insurance
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Term insurance plans have grown in popularity among people seeking life insurance coverage due to their low cost. Unlike investment plans, term insurance policy only charge for life coverage and do not include any additional expenses for an investment component. Here are some important points to bear in mind while getting term insurance. 1. Suitability for a Term Plan: Life insurance premiums are determined by underwriting processes. The health evaluation is an important part of the term insurance underwriting process. Young and healthy people often have cheaper premiums. In addition, income, education, and employment all have an impact on the qualified life cover amount. 2. Payout alternatives: Newer term plans offer variable payout alternatives instead of typical lump sum payments to beneficiaries upon death. Policyholders have the option of making a single payment or receiving recurring monthly payments over a certain time. Staggered plans provide both monthly income and growing monthly income choices, with the latter altering payments over time depending on inflation and lifestyle changes. 3. Single or Regular Premiums: Single premium term plans need a one-time payment for insurance. This option is ideal for people who are concerned about forgetting to pay their periodic premiums. In contrast, regular premium term plans let payments to be stretched out over time, making premiums more reasonable.
Choosing the Right Life Coverage: Provide enough life insurance to guarantee beneficiaries are sufficiently supported by the term plan. A amount secured of at least ten times one's yearly salary is a good starting point. For example, with a yearly income of Rs. 12 lakh, a term plan with a total insured of Rs. 1.2 crore is recommended. 5. Policy Tenure Selection: It's crucial to carefully choose the policy tenure. A term plan is designed to offer financial support in the policyholder's absence. Ideally, the tenure should coincide with retirement, resulting in no monthly income for premium payments and financial independence for dependents. Thoughtful preparation avoids the need for a new, perhaps costly term plan later in life.
6. HDFC Life provides cheap term insurance products suited to individual needs. For example, HDFC Life Click 2 Protect Life is intended to give financial support in the event of death, incapacity, or sickness. HDFC Life's term insurance can help you secure the future of your loved ones. Say yes to term insurance now!
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neethypaksham · 1 year ago
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MP Assembly Elections: Cong Manifesto Promises to Buy Cow Manure, Farm Loan Waiver, IPL Team | NewsClick
MP Assembly Elections: Cong Manifesto Promises to Buy Cow Manure, Farm Loan Waiver, IPL Team
The party launched its Vachan Patra on Tuesday at Bhopal; the 106-page long manifesto has 59 promises, including unemployment allowance for youth
Bhopal: Cow manure at Rs 2/kilo, health insurance cover up to Rs 25 lakh, paddy Minimum Support Price (MSP) at Rs 2,500 per quintal and wheat at Rs 2,600 per quintal, an Indian Premier League (IPL) team of the state, are some of the promises the Congress has made in its manifesto 'Vachan Patra'.
The Congress party launched its Vachan Patra on Tuesday at Bhopal's Ravindra Bhawan ahead of the Assembly polls in Madhya Pradesh due on November 17 this year. The votes will be counted on December 3.
"We tried to cater to the needs of all sections of society in the manifesto," said Kamal Nath, launching Vachan Patra. "It was prepared after long hours of meetings, and we will fulfil the promises."  
The cow manure scheme was adopted from Chhattisgarh, and health insurance up to Rs 25 lakh from Rajasthan.
In the media briefing, Congress reiterated its previous promises, including implementation of the Old Pension Scheme (OPS), caste census, farm loan waiver up to Rs 2 lakh, farmers' power bill waiver, 27% reservation to  Other Backward Classes (OBCs), financial assistance of Rs 1,500 a month to women, subsidies electricity, financial assistance of Rs 500 to 1,500 to school students, LPG at Rs 500, fill two lakh vacant posts including backlogs and others.
The 106-page manifesto has 59 promises, including unemployment allowance for youth ranging from Rs 1,500 to Rs 3,000 per month for two years, Rs 1.1 lakh to girls under Beti Vivah Yojana, Rs 25,000 remuneration to journalists and others. Loans for women entrepreneurs, housing for rural homeless women, and free transportation on metropolitan bus services. 
The Congress has also promised to make laws ensuring nine guaranteed rights, including Right to water, right to health, right to electricity, right to education, right to fertilisers, right to home, right to income, right to employment and right to social justice.   
When asked what is new in the 2023 Manifesto, the manifesto committee head, Rajendra Singh, said, "Health insurance scheme, fixed MSP on wheat and paddy, monthly stipend to school students between 1 to 12, formation of probe panel to look into the corruption cases of recruitment." 
When asked whether these schemes are financially feasible when the state has a debt of over Rs 4 lakh crore, he replied, "When we announced farm loan waiver, the then finance minister Jayant Malaiya had said that the government coffer is empty, how they would do it. But the 15-month of Congress government waived off farm loan of 27 lakh farmers. We have only announced those schemes which are financially feasible and taken help from experts." 
When asked whether the Congress government would review the last six months' announcements of the present government, Congress national spokesperson Abhay Dubey said, "Every government reviews the last six months of functioning and announcements when came to power. We would do the same if voted to power." 
Commenting on the manifesto, political expert Arun Dixit said that with populist announcements, the Congress has tried to make everyone happy. "From cow, religion, farmer, women, youth, old age, the Congress is trying to pamper every section of the society." 
"The Kamal Nath government is said to have proposed the formation of Vidhan Parishad in the first cabinet," he said, adding that the kind of announcements the Congress has made would be difficult for the Bharatiya Janata Party (BJP) to counter. 
The Congress has released a list of 144 candidates, and the incumbent BJP has released a list of 136 candidates. 
In a media briefing, an hour after Congress launched its manifesto, BJP's state president, VD Sharma, said, "It's a bundle of lies. Instead of offering anything that they have promised in the manifesto, they would wrest the money poor." 
Chief Minister Shivraj Singh Chouhan said, “Kamal Nath made 900 promises five years back but did not implement even nine of them. People do not trust Congress and know the BJP fulfils its promises. The Congress will not be able to mislead people.” 
Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh, and Mizoram are going to polls between November 7 and 30, while the results will be declared on December 3. This is the last major electoral exercise ahead of the 2024 national elections.
With 29 Lok Sabha and 11 Rajya Sabha seats, the Congress hopes to return to power in Madhya Pradesh. The party has set a target of winning 150 of the 230 seats in the state. The Congress, which came to power after 15 years of BJP rule in 2018, lost power to the BJP in March 2020 after 22 legislators defected to BJP with Jyotiraditya Scindia.
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yamini29 · 1 year ago
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Buy Super Top Up Health Insurance: Covers up to 1 Crore
Super Top-Up health Insurance plans will help you take care of all the costs of treatments that cover up to 1 crore of your medical expenses. Know More!.
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sojack977 · 2 years ago
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Buy Super Top Up Health Insurance: Covers up to 1 Crore
Super Health Top-Up Insurance plans will help you take care of all the costs of treatments that cover up to 1 crore of your medical expenses. Know More!.
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bimakaroin · 4 years ago
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Compare & Buy Best Term Life Insurance Policy for Your Life Stage
What are the Benefits of Term Insurance policy?
 You might have numerous financial goals, but life is unpredictable, and you don’t know what’s there in the next moment. Sudden death can risk these objectives as well as can leave your family in a stressful situation. In such troublesome occasions, however, no measure of cash can supplant the absence of a dear one; yet, a term insurance plan financially secured your family when you are not with them. 
 Term life insurance is a sort of extra security plan that gives death benefit to the policyholders for a fixed-term period. That is, in the event that the policyholder bites the dust during the policy term, at that point, the insurance coverage amount is given to the beneficiary of the policy. 
 A term insurance plan doesn’t give maturity benefits like conventional, money back or market-linked life insurance policies, yet offer a lot higher insurance coverage for a lesser premium amount. 
 In this blog, we clarify what term insurance is and inform you about the major benefits of term life insurance. 
 Term Insurance Plans are easy to comprehend: Simplicity is one of the primary reasons for the increasing popularity of term plans. Term insurance policy is a pure protection plan that centers around offering your dependents financial security in the form of a lump-sum insurance coverage amount in case of your demise. All you require to make sure is that the premium is paid as per its schedule. Term insurance premiums are as low as 0.1 percent of the total sum assured.
 Term Plans offer a lot higher sum assured in contrast with conventional plans: The total insurance coverage amounts for ULIP, endowment and other traditional policies are around 7 to 10 percent of the yearly premium. So for instance, if you pay an annual premium of Rs 20,000 then according to the plans mentioned about you will get a coverage of Rs 2 lakh which will scarcely cover your family’s costs for a couple of months. 
 Whereas, a term insurance policy offers a higher sum assured at a considerably low premium cost, ensuring that there are enough funds for the family such that they don’t experience budgetary difficulty in your absence. The cover that term insurance policy offer is about 60 times higher as compared to ULIP and other conventional policies.
 Premiums are fixed throughout the term of the policy: When you buy a term insurance plan, you are viably locking the premium for your entire policy term. And this is why it turns out to be profoundly useful for you to start your term plan as early as possible that means in your younger age. Let’s take an example – if you buy a term plan worth coverage of Rs 1 crore at the age of 30 years then the premium would be around Rs 10,000, and in case you buy the same policy at 45 years of age then the premium would come about Rs 30,000.  
 Term plans offer a host of tax benefits: While the essential purpose behind purchasing term insurance plan is making sure about your family’s future; however, you additionally get the benefit of tax deduction. So, how about we take a gander at its three term insurance tax benefits.
Segment 80C: You can avail up to Rs 1.5 lakh yearly for the     premiums paid towards term insurance policy along with certain other     investment and purchases under Section 80C of Income Tax Act. 
Section 80D: This exclusion is permitted on the premiums paid     towards health insurance coverage such as critical illness riders. You can     claim up to Rs 25,000 for the premium paid towards it. 
Section 10 (10D): This benefit is available on insurance coverage     payout wherein the whole sum is totally excluded from the taxes.
 So, as talked about in the article, term insurance has a few advantages. It gives higher insurance coverage to a lower premium; it’s easy to comprehend and accompanies several tax breaks. However, before calculating all the benefits, you ought to remember the main objective of term insurance is protection and not savings. Therefore, it is imperative for you to understand your requirements and know the benefits of term life insurance, such that you can make a sound decision. To learn more about term plans, visit BimaKaro.in today, get free customised quotes based on your eligibility and requirement and then make your pick.
 Source: https://bimakaro.in
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bimakaro · 4 years ago
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It is essential to shield your family from eventualities whether you are with them or not. Term life insurance goes about as a defensive shield for your family against the unpredictable conditions of life. In your absence, a term life insurance guarantees that your loved ones are not left abandoned and are financially secured. Term plans are accessible at reasonable expenses based on your age and health condition. And additionally, you get the choice to decide for a lumpsum payout or a fixed monthly payout of the death benefit amount.
One of the vital steps in getting a term plan is going through a medical evaluation before purchasing the policy. In any case, there are other ways, as well. Some insurance companies do offer a term insurance plan without conducting medical tests.
Since the well-being of the policyholder is one of the vital components in determining the premium amount, the majority of the insurance providers incline taking medical examination beforehand as it gives the insurer a reasonable thought regarding the risk involved and will increase the premium cost in case of any previous ailments. The insured person can also opt for add-on riders.
Be that as it may, a few insurance companies offer a term plan without medical examination at all. This is usually applicable if the sum assured is not more than Rs 1 Crore. The insured person, in that case, is required to provide details regarding his or her prior or existing medical condition. While this saves time and costs involved with the medical tests, it increases the significance of perusing the fine prints of the different policy document before finalising on one.
Important points to remember Before Purchasing a Term Plan Without Medical Examination
Be truthful to the Insurer: It is critical, to be honest, and transparent with your insurance provider when you are purchasing a term plan without medical tests. Inform your insurer beforehand if you have gone through any medical treatment in the past or going through some treatment for any critical diseases. Hiding away the critical piece of information about your health may appear to be enticing at the hour of purchasing the policy, it can result in substantial financial loss in the event of a crisis or during claiming the policy benefits. This may leave your family in a distress situation.
Your Lifestyle Habits: You should clearly mention about your lifestyle habits to your insurer. For instance, if you are a chain smoker or have a high liquor consumption, then the insurer may increase the premium rate considering the risk factor involved with the insured’s life in future. This, however, won’t adversely influence your insurance coverage amount or the death benefit claim amount.
Would it be a good idea for you to buy term plan without a medical check-up?
While selecting a term plan without medical tests can appear to be more helpful, but it accompanies certain limitations in contrast to the term plan with a medical examination. Policy premiums are determined considering the risk factor involved with the insured’s health, and that is why insurers insist on undertaking medical tests. Moreover, a term plan without medical check-up may result in more claim rejections on the grounds of hidden or false information on the part of the policyholder. A medical test precludes this chance. On the other side, buying term plan without medical tests is considerably more helpful and efficient.
But is it a smart thought to put resources into a term protection plan? Needless to mention about the significance of term insurance plan. These policies are specifically designed to provide comprehensive protection without burning a hole in your pocket.
Term plans are also flexible in terms of the policy tenure and the different payout options to choose from. As in the case of policyholder’s sudden demise within the policy term, the payout can be made either in lumpsum or in instalments as determined by the insured. The affordable premiums of the term plans are decided based on the insured’s age, health condition, lifestyle etc.
If you are also searching for a term insurance plan and don’t wish to go through a medical test, then several insurance providers offer the same. However, it is necessary to go through the terms and conditions of various policies and then choose the one that is best suited for you. Do remember that insurance providers don’t force the insured to go through a medical test if the policy applicant is young, and the sum assured is not excessive.
Having a term protection strategy is the right way to secure the future for your loved ones. It is affordable and gives a decent spread when you are not actually present. While purchasing a term protection plan is an incredible choice, you can choose one with or without medical test based on your accessibility and other conditions. To know more about term plan without medical examination, visit BimaKaro.in today.
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plusuptech-blog · 4 years ago
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LIC Term Plan Insurance Today New First in 2020
LIC Term Insurance Plan: Review Insurance Plan in 2020
Hello, How are you guys? I hope you all are healthy and well. It is still going in 2020. And in 2020, the world is on the verge of being 20-20. Are you understanding what I am saying to all of you?
Meaning, friends, you all know COVID-19 is going on in the world now. And in today's time, people are very conscious about their health. I also request all of you to take care of your health.
In today's time, everyone is taking Health Insurance, do you know which insurance is best for you. So that you can take care of your health as well as the health of your family.
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What is Health Insurance?
In today's time, everyone knows what is Health Insurance. Again, it is my job to tell you small things as well, Friends Health Insurance is the one in which we can get the protection of our Health. Again, it is my job to tell you small things as well, Friends Health insurance is the one in which we can get the protection of our health. We have to buy this security in the name of insurance. And this protection has to be bought while we are alive.
According to my knowledge, There are 2 types of Insurance, the first one is the Normal Insurance Plan and the second is Term Insurance Plan.
Normal insurance:  Normal insurance is that in which we select monthly or yearly plans till some minimum age, after that we get that money back after a while by adding some interest. But there are also some people who cannot fill normal insurance on time, they always incur late fees. I advise those people not to buy a normal Insurance Plan.
Because if we do not pay for normal Insurance on time, then we have to pay late fees. And after several years we are given back by adding some%.
Some people can fill such plans only for a few years. After that, forget that money and even such insurance. Which means a direct loss to the general public. If you can fill normal Insurance in time, then it is best for you otherwise it is not a plan for you.
Term Insurance Plan: Now let's talk about the Term Insurance Plan. Let me tell you, I like the Term Insurance Plan very much because it is a feature of this plan that we do not have to pay money every month. And this term insurance plan is very cheap.
In this Term Insurance Plan, we have to pay installments 1 time in 1 year, in the meantime, if a user gets a problem, then the company with the Term Insurance Plan takes all its full expenses, it depends on which plan you take. For one crore term plan, it takes about 10 thousand rupees for 1 year.
Bank employees will never talk to you about a Term Insurance Plan. Neither will you give any term plan. Because there is no benefit in the term plan except for the customer. Banks and bank employees benefit greatly in the normal Insurance Plan.
Once in a term plan year, the bank employees get the benefit in 1 year whereas, in the normal plan, the customer submits his installments month to month, which benefits both the bank and the bank employees. While the customer is at a disadvantage. If he does not pay his installments on time.
Life Insurance Vs Other Savings.
Life Insurance Vs Other Savings. It is very difficult to say these two words in one word. Life Insurance Vs Other Savings. If I tell the meaning of these two words, then one meaning is the same. Because in Life Insurance, we deposit a fixed monthly installment, irrespective of whether it is LIC life insurance or in any bank. In Life Insurance, we have to deposit payments for many years, after which some commission is added and given back to us. Another benefit of Life Insurance is that we also get accident insurance which we do not get this benefit in other Savings.
You must do life insurance because in life insurance you get accident insurance, God bless you, if something happens to you then even if something happens, you will get accident insurance also. Whereas if you save a payment in a bank, then you will get some% interest only.
Home Loan Investment Bank.
Who Can Buy A Policy?
Anyone can buy insurance or policy. There are some rules for getting LIC policy for children, keeping them in mind, you can get a policy plan or insurance for your children. If you are thinking of getting health insurance, then your health test can also be done. So that you can know the status of your health.
More Plans Visit:
https://Plusuptech.com
Final Word- All this information is based on my knowledge, to know more about the LIC plan go to the LIC office or LIC official website.
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shreyasinghh11 · 2 years ago
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Why is It High Time to Get Health Insurance?
Health insurance covers a wide range of expenses associated with medical care in return for regular premiums paid by the insured. Nowadays, health plans cover costs of not only hospitalization but also daycare treatment, ambulance and more. Health insurance claims in India increased more than 257% in 2021[1] , compared to 2020, highlighting the rising awareness of the benefits of buying health cover. In fact, the health insurance market in the country is expected to grow exponentially at a CAGR of 10.1% during 2021-2027[2] .
The COVID-19 pandemic has played a crucial role in this growth. However, as of January 2022,      more than 56 crore Indians [3] were not protected by any kind of health plan. If you too are nt protected by health cover, take a look at why it is has become indispensable.
Medical Inflation
The health inflation rate has been on the rose, spiking to over 8% in May 2021[4] . The factors that have contributed to this include:      
Rising health awareness leading to changes in consumer behavior.
An increase in the access to and availability of medical services.
An increase in hospital staff fees, cost of hospital consumables, utilities, technology, etc.
Medical advancements like new technologies and drugs to treat conditions, untreatable previously, and new-age diagnoses to detect illnesses more accurately.
Therefore, it's important to get a health insurance plan that offers cashless treatment at over 6,500 hospitals, protecting you against inflation at affordable premiums. Make sure it covers all kinds of treatment, including allopathy, AYUSH and advanced treatments.
Increase in Life Expectancy
     Life expectancy in India has gone up from 69.73 in 2020 to 70.19 in 2022[5] . However, aging also means dealing with various types of medical conditions. In fact, almost 2 out of every 3 elderly Indians suffers from a chronic condition[6] . So, with an increase in life expectancy, medical bills are only likely to rise
However, the health of young people is also at risk, given our stressful lifestyles, rising pollution and more. Lack of physical activity and irregular food habits are the primary causes of lifestyle diseases in 70% of teens[7] . Eating more junk food, smoking, drinking and lack of adequate sleep and exercise can increase the risk of conditions like heart disorders.
Therefore, irrespective of age, you need a health insurance plan that can serve you for a lifetime. Choose one that can be customized to changing life stages, such as with coverage enhancements.
Rising Occurrence of Critical Illnesses
The prevalence of critical illnesses like cancer, cardiovascular diseases, renal diseases and lung diseases has also been on the rise. For instance, cancer cases in Karnataka are likely to rise by 11.4% by 2025, as compared to 2020[8] . Therefore, it is crucial to get a health plan that covers as many critical illnesses and their procedures as possible. Additional facilities like access to online wellness programs, diagnosis anywhere in the world and options of staggered or lumpsum payout can be beneficial too. Besides this, a COVID-19 health insurance plan is also the need of the hour.
Financial Instability
The pandemic has significantly affected the economy and led to financial uncertainty, with many even losing their jobs. In this scenario, an insurance plan that covers against job loss with a lumpsum payout option and offers financial support for a better tomorrow can help considerably.
Health Protection on the Move
As COVID-19 vaccinations increase, travel restrictions are being removed. With more and more people returning to travelling within and outside India and pursuing higher studies or jobs abroad, a good health plan with domestic and global cover has become important.
Leading insurance providers like Manipal Cigna offer a range of health insurance plans addressing the varied needs of Indians. Choose the most suitable plan to protect yourself and your family against the financial burden of medical care.
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marketresearchindia · 3 years ago
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India Home Healthcare Market Size, Share and Research Report 2022 : Ken Research
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The India Home Healthcare Market report titled “India Home Healthcare Market Outlook to 2025 (Second Edition)– By Patient Profile (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke Rehabilitation and Others), By Organized (Subscription and Non-Subscription Model) and Unorganized, By Patient Age Profile and By Major Cities" provides a comprehensive analysis on the Home Healthcare Market of India. The report covers various aspects including market introduction, ecosystem, business model, the market size by revenue, market segmentation by the profile of patients, by organized and unorganized market, by subscription and non-recurring models, by region/tier, and by age group of patients. It also provides insights on the setting up of home healthcare agency in India, QAI accreditation, pricing solutions offered in the market, competition scenario, SWOT analysis, company profiles of major players in the market, growth drivers, trends and developments, and issues and challenges in the industry. The report concludes with future market projection for the home healthcare industry, the impact of COVID-19, and analyst recommendations highlighting the major opportunities and cautions for the India home healthcare market.
India Healthcare Market Overview
Healthcare has become one of the largest sectors in India, in terms of revenue as well as employment. Healthcare comprises hospitals, medical devices, pharmaceutical goods, medical equipment, and services like doctor consultations, clinical trials, telemedicine, e-health services, health tourism, home healthcare, and health insurance among others. The Indian healthcare sector has been growing majorly due to greater coverage, expansion of services, and increasing public and private expenditure in this sector. The overall market size of the healthcare market in India estimated to be at INR 1,070k Crores as of FY’2019.
Request For Sample Report- http://kenresearch.com/sample-report.php?Frmdetails=MzM1Mjc1
India Home Healthcare Market Overview
The home healthcare market in India is still in its early growth stage with the presence of a large number of players, with some offering only a single specialty service to others offering multiple services across various regions. The organized market has witnessed high growth in 30-35 companies and they have gained the utmost brand visibility and traction in terms of sale of services across various regions. The overall market size has grown at a CAGR of 17.2% over the past five years.
India Home Healthcare Market Segmentation
By Region/Tier of Cities:  Tier 1 cities contribute the highest share to the total market size of the home healthcare market in India. The market share of tier 1 cities alone stands somewhere over 76.0% in the overall market. Major cities such as Delhi/NCR, Mumbai, Chennai, Bangalore, Hyderabad, Jaipur, Ahemdabad, Kolkata, and Pune have shown major shifts in demand from traditional healthcare services to home healthcare services.
By Market Structure: The Indian home healthcare market is currently dominated by the unorganized sector. The organized sector constitutes a rather small part of the total home healthcare market size of the home healthcare market in India. The unorganized sector still dominates the market as the home healthcare market is still in its early growth stage and major players are still working on establishing their presence beyond Tier-1 cities. Although we have seen some tremendous growth in a few cities, a paradigm shift in demand is yet to be seen in this sector basis PAN India.
By Age Group: Patients above 60 years of age contribute to the lion’s share to the home healthcare market in India. Services availed by people above the age of 60 include elderly care, homecare pertaining to a chronic ailment, physiotherapy among others.
Patients between 40-60 years contribute the second largest share followed by patients of age groups of 20-40 years and 0-25 years
By Subscription and Non-Recurring Model: Subscription models make up for a smaller proportion as they are yet to gain popularity and the industry has seen numerous cases of patients opting out of these subscriptions before the stipulated time owing to service quality inconsistency.  Another reason for the popularity of non-recurring models oversubscription model is the lack of insurance coverage. Insurance is bound to make homecare services more affordable for the patients and thus, subscription models may witness growth in this aspect.
By Profile of Patients: Elderly care services constitute the largest part of the home healthcare services market. The other segments include physiotherapy, stroke rehabilitation, palliative care, and others. These segments contribute relatively lower proportions to the total market size.
Competitive Landscape
The home healthcare market in India is in its early growth stage. The market shows a lot of potentials to grow over the coming years due to the shift in preferences and types of services demanded. The current market structure is highly fragmented with a high proportion of unorganized players as compared to organized players. The major players in the market compete on factors such as brand value, services offered, expertise and coverage, deliverable workforce, QAI accreditation, clinical outcomes among others. The major players in the market include Portea Medical, Medwell Ventures, Healthcare AtHome, Care24, India Home Health Care, CallHealth, Bharath Home Medicare, and Apollo Homecare among others.
India Home Healthcare Future Outlook
The India Home Healthcare Market is expected to grow at a positive CAGR of 19.2% during the period FY’2019-FY’2025. The growth is expected to be driven by factors such as the rise in the geriatric population, increasing demand for convenience-based healthcare services, increasingly unhealthy lifestyles of the younger population leading to a higher prevalence of chronic diseases among others. In addition, the expected onset of regulations, introduction of QAI accreditation and the measures to bring home healthcare services under the purview of insurance are also expected to help the market grow further in the coming years.
Key Segments Covered
India Home Healthcare Market, FY’2014-FY’2025
India Home Healthcare Market Segmentation, FY’2019-FY’2025
By Market Structure (Organized and Unorganized)
By Region/Tier (Tier 1, Tier 2and Tier 3 cities)
By Age Group (0-25 Years, 25-40 Years, 40-60 Years and Above 60 Years)
By Profile of Patients (Elderly care, Physiotherapy, Post-Operative Care, Stroke Rehabilitation, Palliative Care and Others )
By Subscription and Non-Recurring Model
Key Target Audience
Homecare Providers
Hospital Chains
Private Sector Investors
Healthcare Regulatory Bodies
Government and Industry Associations
Medical Device Companies & Distributors
Pharma Manufacturing and Distribution Companies
Time Period Captured in the Report:
Historical Period – FY’2014-FY’2019
Forecast Period – FY’2020-FY’2025
Companies Covered:
Portea Medical (Health Vista Pvt Ltd)
Healthcare AtHome
Medwell Ventures
Care24
CallHealth
Apollo HomeCare
India Home Healthcare
Critical Care Unified
Bharath Home Medicare
Key Topics Covered in the Report
India Home Healthcare Market Introduction
India Home Healthcare Market Business Model
National Health Statistics
India Home Healthcare Market  Size by Revenue in INR Crores
India Home Healthcare Market  Segmentation
Setting Up a Home Healthcare Agency in India
QAI Accreditation Process and Fees
Pricing Analysis of Various Home Healthcare Services
Competition Scenario of India Home Healthcare Market
Company Profiles of Major Home Healthcare Providers
SWOT Analysis and Growth Drivers
Trends and Developments in India Home Healthcare Market
Issues and Challenges in India Home Healthcare Market
Key Funding and Mergers and Acquisitions in India Home Healthcare Market
Failure Case Studies in India Home Healthcare Market
India Home Healthcare Market Future Projections
Impact of COVID-19 Pandemic on India Healthcare and Home Healthcare Market
Analyst Recommendations
For More Information, refer to below link:-
India Home Healthcare Market Research Report
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brainmassfinance · 3 years ago
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Inflation, Omicron spook D-Street bulls; investors lose Rs 1 lakh cr
Synopsis
Equity investors were left poorer by Rs 1.06 lakh crore by the end of the day. Stocks from sectors, barring some IT names, saw selling. Bank and financial names were among the biggest drags. The 30-share pack Sensex declined 503.25 points or 0.86 per cent to close at 58,283.42.
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The relentless selling by FPIs has been a major headwind for the market, particularly for banking stocks. But it is not having any significant impact on the market other than putting a cap on the upside of the rally.
NEW DELHI: Benchmark indices wiped off morning gains and plunged to close lower for the second day on Monday amid concerns over rising cases of Omicron virus in Europe and surging inflation across the world.
The 30-share pack Sensex declined 503.25 points or 0.86 per cent to close at 58,283.42. The index plunged over 900 points from day’s high. Its broader peer NSE Nifty dropped 143.05 points or 0.82 per cent to 17,368.25.
Equity investors were left poorer by Rs 1.06 lakh crore by the end of the day. Stocks from sectors, barring some IT names, saw selling. Bank and financial names were among the biggest drags.
“Given the rising global inflation, the policy outcome of key central bank meetings, especially the US Fed and European Central Bank, will be keenly monitored by the markets to determine its trends,” said Vinod Nair, Head of Research at Geojit Financial Services.
Market at a glance:
Paytm ends 1 per cent down despite the co's claim that its GMV doubles in Oct-Nov
Minda Ind surges 10 per cent as firm inks pact with FRIWO AG Germany
EaseMyTrip climbs 4 per cent ahead of a board meeting
Star Health falls 1 per cent even as Emkay initiates coverage with ‘buy’
Tega Industries jumps 60 per cent on the first day on bourses
ACTORS DRIVING MARKETS
US inflation
: US consumer prices increased further in November as the cost of goods and services rose broadly amid supply constraints, leading to the largest annual gain since 1982. India is also set to report inflation data for November this week, which analysts say may rise further.
Fed meeting
: The Federal Reserve is widely expected to signal a faster tapering of asset buying this week, and thus an earlier start to rate hikes. It will also update the dot plots for rates over the next couple of years. The European Central Bank and the Bank of Japan are also set to review their monetary policies this week.
UK reels under Omicron: Omicron remained a concern with British Prime Minister Boris Johnson warning of a ‘tidal wave’ of new cases of the coronavirus variant, though markets are still counting on vaccines to limit the economic fallout.
Broader Market Among the bluechip names, Axis Bank was the top gainer, rising 2.39 per cent. Tech Mahindra, SBI Life Insurance, Wipro, Hindalco Industries, Maruti Suzuki, Power Grid and Titan were other gainers.
Bajaj Finance was the top loser in the Nifty pack, falling 2.99 per cent. Bajaj Finserv, Reliance Industries, M&M, Tata Consumer, Nestle India, Indian Oil and Britannia Industries were others that ended in the red.
Broader market indices ended lower but outperformed their headline peers. Nifty Smallcap dropped 0.11 per cent and Nifty Midcap declined 0.25 per cent. Nifty 500, the broadest index on NSE, ended down 0.60 per cent.
VIP Industries, Sun Pharma Advanced Research, Alok Industries, Tata Communication, Sona Comstar and Syngene International were top gainers from mid and smallcap indices, climbing in the range of 3-9 per cent.
Vodafone Idea, Zee Entertainment Enterprises, Endurance Technologies, CAMS, IDBI and Suzlon Energy were major losers from broader market space, falling in the range of 3-6 per cent.
Barring Nifty IT that rose 0.31 per cent, all sectoral indices were trading lower. Nifty Media was the top loser, down 1.81 per cent. Nifty Realty and Nifty PSU Bank were others that slipped more than 1 per cent.
Market breadth was in favour of gainers as 1,912 stocks ended in the green, while 1,554 names settled with cuts. As many as 317 securities hit 52-week highs, mostly from the smallcap space. Meanwhile, 30 names hit 52-week lows, mostly from the microcap space. About 575 stocks hit upper circuit limits and 30 lower circuit limits.
European markets were trading mixed. London-based FTSE was down 0.05 per cent while Paris and Frankfurt declined 0.20 per cent and 0.88 per cent, respectively. In Asia, Japan, Thailand, Indonesia and China ended the day in green while the rest closed in the red.
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bimaplus · 3 years ago
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Term Insurance Plan For All Ages
The financial future of your family is something you need to plan early.
We will try to understand term insurance for all age groups here:
· Mostly we start our career in the 20s. And we have fewer responsibilities at this point. You can term insurance buy to cover the risk of financial stress. Your dependent, as well as retired parents or on the verge of retirement, can be better off if you purchase an insurance plan of about 50 lakhs. For better guidance, you can consult a Life insurance advisor in Noida sector 21. The responsibilities grow manifold after we get married in the 30s. They include child education, home loan, car loan and more as such financial planning is very important. An insurance policy of 50 lakhs to 1 crore is most suitable. But if you cannot afford such a high premium, it would be better to opt for 20 lakhs coverage. Also, you can consult a Life insurance advisor. For example, a life insurance advisor in Noida sector 37 can guide you through buying the best possible policy.
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· The liabilities like a car loan, education loan may not exist when you are 40 years old. But there are health risks and retirement planning you need to cover. At this point, a 50 lakhs to one lakh coverage can get the help you meet medical expenses and give financial security to your loved ones. You can choose 20 lakhs coverage too. It depends upon your capabilities, lifestyle and more.
[ Note. Starting early, you can pay less and get maximum coverage.]
· 50 years and insurance cover! It would be costly to get insured at this age. But the positive point is the financial security your loved ones get.
Conclusion
Life insurance or term insurance is vital for the financial security of your family. We have covered the same here.
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yamini29 · 1 year ago
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Buy Super Top Up Health Insurance: Covers up to 1 Crore
Super Top-Up health Insurance plans will help you take care of all the costs of treatments that cover up to 1 crore of your medical expenses. Know More!.
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