Ask an Expert - Your Personal Insurance Advisor

Hi,



If you have no insurance policy at all, then you first need to opt for BOTH Term Plan, for pure protection of your family in case of your unfortunate and untimely demise and Health Insurance plan such that medical expenses do not pinch your pocket.



Some good Term plans that you can opt for are:



Read More>>

Whether you should avail an Insurance Plan or a Pension Plan depends on your insurance requirements. If you are adequately covered, then you can avail a Pension Plan for the security of your future. Alternately, you could take an Endowment Plan and then avail Immediate Pension with the corpus that... Read More>>

Insurance is a Long Term Plan and should only be purchased for a minimum of 10-15 years. If you are looking for short term investment opportunities, you can consider Mutual Funds, Stocks, etc.



However, if you are looking at the investment perspective and tax saving, then you can consider ULIPs.



Some... Read More>>

If you are looking for a compbination plan for your medical expenses, accidental benefit and life coverage, then you can choose LIC Jeevan Arogya Plan with Term Rider and Accident Benefit Rider.



Unless Term Rider is opted for, life coverage is not provided.

Unless Accident Benefit Rider has been... Read More>>

To check your policy details online, you need to log into the company website with your policy details and then create a log in id and password. Subsequently you need to log in with your created id and password.



If you need further assistance, you could tell us which insurance company you need... Read More>>

My Insurance Club is a website to help customers with their queries on specific insurance policies or to help them choose a plan for themselves. If you are looking at data about Insurance, you can find the same on the web by searching through Google or on the IRDA Website itself.



All the best for... Read More>>

Sum Assured in any life insurance company is the minimum Death Benefit that is payable. That is usually fixed from the beginning of the tenure.



If you have an ULIP plan, sum assured is subject to your premium amount but in traditional plans, you first choose your sum assured and then your premium... Read More>>

It is indeed a great thing that you had disclosed your fractured knee and if that has been considered as an exlcusion by the insurance underwriter's it is completely their jurisdiction and the agent would not be able to promise anything as he would not play any role in the underwriting of the policy... Read More>>

If you are planning to invest in a Guaranteed Returns plan, then the best option for you would be an Endowment Plan where you get insurance along with Guaranteed Returns.



Even Endowment Policies should be purchased for the long term, at least a minimum of 10 or 15 years. However, according to the... Read More>>

You need to provide us with the name of the Insurance Policy, for us to be able to tell you the Fund Value. Alternately, you could also find it on the company website.



Thanks so writing to us. Looking forward to your response so that we are able to help you out.