Maternity expenses

There are a lot of health insurance plans that do not cover maternity expenses. But there are some that do. Medical inflation is at an all-time high, so it's important to have a policy that covers maternity expenses. It's important to note that normally the policies have a waiting period of two to four years for maternity claims.

Cashless hospitalisation

Health insurers usually have a long list of empanelled hospitals where you can avail of medical services without making payments. This not only helps you in avoiding paperwork but also comes as a massive financial relief during medical emergencies. Before buying a health insurance policy, you must check the tie-ups the insurers have with network hospitals and which one falls closer to your residence.

Pre and post hospitalisation costs

Health insurance policies cover expenses incurred during hospitalisation but there are some plans which also cover pre and post hospitalisation costs. You should opt for such a plan considering it suits all your other requirements.

FTU Crypto News - May 5

🔹 General News:
— Spanish Healthcare Group to accept crypto payments
— Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021

🔹 Coin Specific News:
— Injective Protocol has introduced Solana based auction protocol, Burnt Finance
— Drops closes $1M private funding round
— DAO Maker will host Fear NFTs token sale on May 18th
— Ethermon will have an IDO on Polkastarter on May 18th
— Reef Finance launches its IDO platform called ReefStarter

🔹 Exchanges:
— Gemini lists Dogecoin (DOGE) on May 4th
— Coinbase lists Tether (USDT)
— Bybit to launch cloud mining to democratize Ethereum mining

🔹 Cool fact:
Light travels 18 million times faster than rain

🔹 Quote of the day
“If you don’t risk anything, you risk even more.” —Erica Jong

Reliance General Insurance on Tuesday said it will offer a one-time, 5% discount to covid-vaccinated customers who either buy or renew its Health Infinity policy. The additional discount on the policy will be over and above the other discounts applicable at the time of policy purchase. According to the company, the offer can also be availed by existing policyholders on their renewal premium. Customers who have taken the first dose of covid vaccine are eligible to avail of this benefit.

Many investors take SIP route to invest in equity funds to get the benefits of rupee cost averaging. However, with heightened volatility in debt funds, it makes sense to start SIP in these funds as well.

Apart from rupee cost averaging, SIPs offer host of benefits like convenience, flexibility and reduces risk of timing the markets.

. DIY investor is always concerned about the difference in TER

. If that is the concern I will give u an idea, open dmat account with zerodha brokerage is almost nil.

Take top MF funds & pick up the stock, that is the cheapest better than index cost as well.

PPF (Public Provident Fund)
The maturity amount or partial withdrawals from PPF are completely tax free and hence a great tax free investment.

Whether you are young or old, are covered under your employer’s group policy or not, you must look to buy a health insurance policy. The right time to buy one was yesterday. But if you haven’t purchased one, you need to take the call right away.

Term insurance: If you have financial dependents, you must have life insurance. Make sure that your insured amount is sufficient enough to take care of your family members' expenses and other non-negotiable requirements in your absence. When it comes to buying a life-insurance product, always buy a pure term plan. Do remember that although ULIPs or any such products combine insurance and investments, they ultimately don't serve any of these purposes.

Guaranteed Return Plans offering yield as high as 6% is more than what many bank deposits offer.
The TAX-FREE payouts add to their charm and the Life Insurnace Cover for the buyer is the cherry on the cake.

The biggest advantage is that YOU LOCK YOUR RETURNS GUARANTEED FOR A LONG PERIOD OF 20-30-40 years without having to worry about interim interest volatility

How long must be the term of the policy?

Insurance companies offer plans with a tenure up to 30 years, and can stretch to 35 years.
But you don’t have to go with this. Ideally, it should be up to your retirement age. Because you retire when you are financially free. And your retirement kitty should tide you over the years.
And once you retire, your children too are on their own and all your debts are cleared. Hence, life insurance is not required during your retirement age.

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ड्रौसरा (Drosera)- कुत्ता खाँसी (Whooping Cough), क्षय रोग (टी0बी0) की दवा https://youtu.be/cfm9WiQKnps

I want to buy a term plan of Rs2 crore. If the policy is claimed by my family, will they get exactly Rs2 crore, or will some charges be deducted? If there are changes, should I increase the sum to Rs2 crore-plus so my family gets at least Rs2 crore?

—Anjan Wadhwa

Term insurance pays nominees the exact sum assured as specified in the policy. If your sum assured is Rs2 crore, your nominee will receive this amount. No charges are supposed to be deducted from this. You should ensure that premiums are duly paid during the term of the policy.

Premium for 60 lacs of term plan in Insurance company is cheaper that 40 lacs of premium - And this is true for a lot of term plans .

This is because 50+ lacs plans get discounted premiums and medicals are also compulsory .

This is the reason why on should take a term plan for more than 50 lacs even if he wanted to take for less, from premiums points, it does not make a lot of difference.