Policy Health Check: What Makes It a True Money Saver?
AI OVERVIEW CoverSure’s Policy Health Check is an expert review of your health insurance policy across 30+ parameters, delivered as a simple report with actionable insights and access to an IRDAI-certified advisor. It is priced at ₹99 (listed as worth ₹499) at the time of writing. It saves money in four ways: it catches claim-shrinking […]
MWP Act in Insurance: Secure Your Family’s Financial Future
AI OVERVIEW The Married Women’s Property Act, 1874 (MWP Act) lets a life insurance policy be ring-fenced for a spouse and/or children. Under Section 6, a policy taken by a married man for the benefit of his wife and/or children creates a trust in their favour: the proceeds don’t form part of his estate and […]
Maternity Coverage in Health Insurance: A Complete Guide to Safe and Secure Pregnancy Planning
AI OVERVIEW Maternity coverage in health insurance pays for childbirth-related costs: normal or C-section delivery, often pre- and postnatal care, and sometimes newborn care and complications. It is not automatic. Under IRDAI’s standardised exclusions, maternity expenses are excluded by default (except ectopic pregnancy) unless the policy specifically covers them through a built-in benefit, an add-on, […]
Debunking the Insurance Myth: Having Insurance ≠ Being 100% Insured
AI OVERVIEW Having an insurance policy does not mean you are fully protected. Coverage is conditional: what gets paid depends on your sum insured versus your real risk, and on clauses like room rent limits, co-payment, sub-limits, deductibles, waiting periods, exclusions, and consumables. Many Indians are also under-insured because they rely on employer covers that […]
3 Secret Benefits of Having Motor Insurance (That Most Vehicle Owners Never Use)
AI OVERVIEW Motor insurance in India is more than a legal formality. Third-party insurance is mandatory under the Motor Vehicles Act, 1988, and a comprehensive policy adds own-damage cover. Three lesser-known benefits: 1) No Claim Bonus (NCB) is a portable savings asset: it grows to 50% off your own-damage premium after five claim-free years, belongs […]
Super Top-Up Health Insurance: A Quick (but Complete) Look
AI OVERVIEW A super top-up health insurance plan adds a large extra sum insured above a fixed deductible, usually at a much lower premium than raising your base cover by the same amount. The key difference from a regular top-up: a super top-up counts the total of all eligible hospital bills in a policy year […]
Rethinking Insurance for Your Travel Plans
THE BLOG AT A GLANCE: Travel’s taking off! From quick weekend escapes to long stretches overseas, travel has quietly turned into a kind of therapy. However, amongst all this, there’s a small gap that people hardly notice or largely overlook – no matter if you’re dashing off for a weekend or settling abroad for months, […]
Winter, AQI, Insurance: The Trio You Should Be Worried About!
Unfortunately for us, “Winter is here.” Instead of savouring warm mornings, lively evenings, or the soft blur of mist over the streets, most of us end up coughing, wheezing, and gasping for air, thanks to the choking AQI (Air Quality Index – It’s a scale that shows how clean or polluted the air is, and […]
Claim CHAOS to Claim READINESS: The Journey You Never Knew You Needed!
Let’s be honest for a hot minute, okay? Why do you buy insurance – health/motor/life/home – any insurance? The primary purpose is the same – for financial aid to kick in when the time comes (against the premium you have paid off diligently), that would Safeguard your primary savings and Shield the future financial interest […]
What are the Steps to Buy Health Insurance in India?
Steps to Buy Health Insurance in India STEP 1: Assess your health risk STEP 2: Calculate the ideal health insurance coverage that you need STEP 3: Make a list of non-negotiables and negotiables in your health policy STEP 4: Evaluate insurer’s history STEP 5: Shortlist 5-7 Health Insurance Plans that meet your requirements ( […]
Risk Assessment in Health Insurance: The What, The Why, and The How?
You know that you need a health insurance plan that kicks in when you need it the most – medical emergencies, right? That’s incredible! But what if we tell you that before you make that purchase, you should be looking at your customized risks first? And no, we are not just talking about your hypertension, […]
What is Health Insurance?
What is Health Insurance? Health insurance is a form of financial protection against various medical bills, including those related to hospitalization, treatments, or surgeries. In simple words, a legal agreement between the insurance provider and you to make sure that the medical affliction does not hit your pocket hard during emergencies. With the cost of […]
