Apna Insurance Plan

  Out-Patient Department cover or OPD cover is a relatively new offering from health insurance providers in India. Under this category, expenses incurred during medical treatment that does not require hospitalization are covered. These expenses usually include but are not limited to consultations with doctors, medicines and drugs, diagnostic tests, preventive check-ups and so on. In this article, we look at several reasons why you should get a health insurance policy that offers OPD cover. Out-patient expenses can get quite expensive A lot of people are under the impression that medical expenses can take a heavy toll financially only if the patient is admitted to the hospital. True, room rent and nursing charges can go quite high, but the expenses one incurs when they undergo tests or frequently visit specialist doctors can go higher. Under a good health insurance plan with OPD cover, you can get coverage of up to Rs 8000 meant only for consultations. This amount can be very h...

  Having health insurance is your ultimate back-up plan against medical emergencies. In case a good diet & a healthy lifestyle fail to keep illnesses at bay, your health insurance policy will step in and help save the day. It will lend a financial helping hand and ensure you get the treatment you need, without ever worrying about the cost.   Now, until recently, health insurance only offered coverage tenures of 1 year. This meant that policyholders had to renew their plans annually in order to enjoy uninterrupted cover. However, all that has changed with the introduction of long-term health insurance plans. Not familiar with long-term health insurance plans? No problem! The following article will explain what they are and the benefits you could enjoy by purchasing these plans. Read on to know more! What are long-term health insurance plans? Well, the name is quite self-explanatory! They are medical insurance plans that offer multiple years of coverage. You can get protec...

As per the new guidelines released by the Insurance Regulatory and Development Authority of India (IRDAI), it is mandatory for all insurance companies to check for valid pollution under control (PUC) certificate at the time of motor insurance renewal . If the owner has not got a PUC for their vehicle, they will not be able to renew their motor insurance policy.   Hence, people will by default have to get their vehicle’s PUC done in order to save themselves against legal obligations. Insurance experts believe that this new law will help keep pollution levels in check and ensure that motorist get their PUC done on time. The following article will clarify all your doubts regarding PUC and its importance when it comes to the renewal of your motor insurance policy . What does the new law state?  The new law regulated by the IRDAI has made it mandatory for a vehicle owner to have a valid PUC certificate of their vehicles for the renewal of motor insurance. The law asks insurance c...

Competitive corporate environments, unhealthy eating habits, stressful working hours, and a lack of exercise - this is how a professional’s typical weekday looks like. These factors have resulted in many lifestyle-associated illnesses among the working population. This is why it has now become important for everyone to get  health insurance to protect their savings when they fall ill. Now, we all know that health insurance can truly help protect our hard-earned money during a medical emergency. Yet, the advantages of purchasing health insurance are not just limited to the security of your finances. Health insurance also offers tax benefits on the premium paid for the policy, depending on your coverage and plan. These tax benefits are possible thanks to Section 80D of the Income Tax Act. According to this section, an individual can enjoy a tax deduction for the health insurance premium paid from their total taxable income. This includes the amount paid for buying or renewing medica...

Gone are the days where you had to visit an insurance provider’s branch to purchase a car insurance policy. With the internet, everything comes to you, including insurance cover for your 4-wheeler. However, for someone who has been always purchased a policy from a branch, making the move to online transactions can be difficult. However, buying car insurance online has numerous advantages as opposed to the offline process. This article will highlight some of the benefits to encourage potential buyers to move the newer, smarter way of buying motor insurance. 1. Much easier. Just not having to visit the branch should make your life much easier. Beside for this, there are no forms to fill and you do not have to provide any sort of documentation. Therefore, when you buy car insurance online, your life will be much easier. 2. Much faster. Again, skipping on the trip the branch should help you save a lot of time. This is especially so if you live far off from the branch or if there is a ...

Motor insurance is mandatory by law in India. It is a punishable offense to drive a vehicle without a valid insurance policy. It is also against the law to drive with an expired car insurance policy , as per the Motor Vehicles Act,1988. Driving without insurance is not only a legal mistake but also a financial one – in the event of a mishap, you won’t have coverage to back you up. Hence, every vehicle owner needs to renew their car insurance policy on time. Thanks to the internet, everything has become more convenient, including buying insurance. Now, you can also renew your car insurance online from the comfort of your home. The following article will guide you through the motor insurance renewal process online.   1.     Choose the insurance company - It is not necessary that you stick with the same insurance company during renewal. There are several great options in the market that provide good deals. Insurance renewal opens opportunities for you to switch polic...