Tips to Cut down your Premiums on Health Insurance Plans by Players, like National Insurance

As far as your savior after a medical emergency followed by financial crisis is concerned, it can be none other than your health insurance plan. Here are some easy tips given below that would help you cut down the rate of your premiums up to a certain extent. Let’s check them out!

Buy your health insurance from a bank

There are a number of public sector banking organizations that have co-branded with health insurance products available with general insurance providers, mainly belonging to the public sector. These plans are there to offer amazing benefits at affordable rates. So, one can call them customer-centric plans.

For example – a mediclaim policy with a sum insured of Rs. 5 Lakhs purchased for a family from a insurance provider like, National Insurance, demands an annual expenditure of Rs 17,972/-. On comparing the same policy taken from a bank that has a joint association with insurance provider mentioned above, you will find that the yearly expense’s figure to stands at Rs. 7,079/. So, you are smart enough to understand how you would be able to save on your premiums.

These health insurance policies are the best options for the elderly people. However, there is a shortcoming with the same. It’s the restricted age of renew ability, that’s not more than 80 years.

Go for smaller coverage and add top-up plans

There are some people, especially those who are capable of investing a huge amount of insurance policies, go for the highest cover possible. However, such policies can charge you a fortune, as far as premium payouts are concerned. One of the best things you can do for saving a considerable amount of money on your premium is – buying a basic protection plan and add a top-up plan to it.

For example – you have purchased a basic indemnity policy from a good insurance provider, like National Insurance. The value of sum insured for the same is Rs. 5 Lakhs. Thereafter, you have added a super top-up of 5 Lakhs to it. So, your total coverage happens to be 10 Lakhs. While calculating the premiums you will find that you are saving more with your plan (basic + top-up) in comparison to a plan with huge sum insured. Isn’t it worthwhile?

Buy separate plans for your parents

If you add your parents to the family floater health insurance policy you intend to buy, you might not be doing the right thing. So, buy them a separate policy.

For example – a family floater plan with sum insured of Rs. 5 Lakhs costs about Rs. 13,000 per year. In case, you add your parents (senior citizens) to the same, the cost of the premium might go up to Rs, 45, 000 per year. You can clearly see the difference of Rs. 32, 000/-. If you buy your parents a separate health insurance plan from a company, like National Insurance, you would not only be able to cut down the premiums, but your parents would also be able to enjoy comprehensive health cover.

These are two of the best ways to save your hard earned money, when it comes to paying off your yearly premiums. If you want to know more about the same, you can visit the websites of the insurance broking companies. They not only allow you compare different policies and get instant quotes, but also provide you with useful suggestions.

Car insurance renewal – You cannot escape but you can certainly save!

Car insurance renewal – You cannot escape but you can certainly save!

Best Health Insurance in India

For customers getting a good health insurance plan is a beneficial move for managing health expenses and living anxiety open life. Now, the delineation of Best Health Insurance in country depends on the requirements of its customers and category of people’s culture and living style. In developing country like India health insurance sector made a tremendous growth in last few decades. There are various health care insurance policies available that deliver customer with best outcomes.  There are various brands like HDFC, IFFCO Tokio, Max Bupa, Apollo Munich, Bajaj Allianz and many more that provide Best Health Insurance in India. 

Being a customer have you ever though that, what makes a Insurance policy best for you? Well answer to this is your criteria of benefit like for example a Family Floater health plan will never be beneficial for a single unmarried customer. Therefore, the Best Health Insurance in India is designed according to the criteria of its customers. Below provided is the list of Best Health Insurance plans in country along with their specific benefits.

  

Customer criteria	Best Health Plan	Best Benefits
Best Individual Health Insurance Policy in India	Apollo Munich Easy Health premium	Cashless benefit at 800 cities over 4500 hospitals in India Lifetime renewal Quickest claim settlement Premium version is the best insurance plan Unique customer support services
	Star Criticare Plus	Strictly individual policy Protection against various critical diseases and injury Pre-medical check up cover Professionalized services
Best Family Floater Health policy in India	Bajaj Allianz Health Guard Family Floater Plan	Strong protection Cashless benefit Complete family protector
	Max Bupa Heartbeat family First Policy	Coverage for 14 relationships with insured individual Best suited joint family floater plan The cumulative bonus can be utilized by any member of floater policy Complete hospitalization coverage for every member of family
Best Senior Citizen Health Insurance policy	Senior Citizen Red Carpet Policy	Coverage for pre-existing diseases Complete hospitalization coverage
	New India Senior Citizen Mediclaim Policy	Most trusted health care plan in India Guaranteed renewal benefit Complete hospitalization coverage
Best Corporate Health Insurance Plans	ICICI Lombard Group Health Insurance	Coverage for employees and their family Flexible coverage according to requirement
	Tata ALG Group Personal Accident & Group MultiGuard personal Accident	24X7, all year death coverage
	HDFC ERGO Group Medical Insurance	Low premium cost Customization option

The above described were certain best Health insurance plans in India that perfectly suits the requirements of people in country.  

The health care insurance sector in India has provided a unique seriousness and essentiality to resolve the health care issues of people. With this knowledge and requirement of health care customers are now able to provide best treatment services with no financial crisis to themselves and their family. These best health insurance in India cover almost all the basis requirements of its customers and fulfill the required criteria to a great level of extent providing with effective benefits. These health plans promise to provide a complete present and future protection to individuals as well as their families for coming years in country with a balanced peace of mind.  

In any case, compare Car Insurance before buying one

Have you purchased a car lately? If yes, then probably you would have bought a car insurance policy for sure. Isn’t it? So, from where did you buy that? Perhaps, from an insurance agent who claimed to have a tie-up with an insurance company? Chances are there that he or she might have given you the policy on the basis of the on-road price of your car. Is it right? And from the next year of your policy commencement, you were asked to pay the just the premiums for policy renewal. If this is what that happened in your case, then you are advised to go through this post. Always Compare Car Insurance before buying!

What is a car insurance plan?

Well, most of the car owners or even who don’t own a car know what is a car insurance policy. A plan that protects you financially in an event of accident is known as car insurance. Under such policies, your insurance provider is liable to pay for the damages as well as repairs of your car. In case, your policy includes third-party insurance, then the extent of coverage increases accordingly. Moreover, the premium of your car insurance depends upon a number of factors. The pointers given below would help you know the ways for keeping your premiums down, as much as possible. Take a look:

Go by the rule - According to the rules and regulations of the Indian Motor Vehicle Act, there are some requirements you need to fulfill, in terms of car insurance.  There is a limited liability part that should be purchased by all car owners. So, you can restrict your policy to the same. You can always opt for more coverage, but in that case you have to pay more on your premiums.

Drive safely, as much as you can – This is one of the best ideas in any case. The more cautiously you drive, the lesser chances of accidents (minor to major), the lesser insurance claims would be made. The best part – you become eligible for no claim bonus (NCB). This would reduce the rate of your annual premiums by about 10% to 20%. However, the NCB amount might differ from one service provider to the other. Therefore, do Compare Car Insurance beforehand.

Refrain from buying unnecessary riders – Your insurance agent is more likely to persuade you to get additional riders on your car insurance. However, it would be better not to go for those, until and unless it’s extremely important. The more the riders you buy, the more the rate of premiums you pay. On top of that – most of the riders would seem to be pointless after certain period of time.

Mount an anti-theft device – This might be a new piece of information for you, but most of the insurance companies offer certain amount of discounts if the policyholders install an anti-theft device gadget in their cars. So, make sure to get one. These devices are not very costly and easily available. However, make sure to buy a product that is approved by the Automobile Research Association of India (ARAI). Top of all don’t forget to Compare Car Insurance before shelling out.