Insurance: 2011

403b Retirement Plans

What are 403(b) plans? A 403(b) retirement plan is quite similar to a 401(k) plan. It is offered by non-profit organizations, like universities and charitable organizations. Your employer can determine the financial institutions where you can maintain your 403(b) accounts. Accounts under a 403(b) plan can be one of the three following types:Anannuity contractwhich is provided through an insurance company is known as tax-sheltered annuities (TSAs) and also tax-deferred annuities (TDAs).A custodial account provided...

Long Term Care Insurance

What are the odds that you would need Long Term Care Insurance? As much as one wishes that one would never need long-term care, statistics relating to long-term care requirement are in favor of planning for one's long-term needs through insurance. At least 40% of people above the age of 65 will need long-term care. By 2020, 12 million senior Americans are expected to need long-term care. A year at the nursing home could cost as much as $60,000 in larger cities. About 10% of all people seeking health care in a nursing home are likely...

Universal Life Insurance

KU5ZUJ45PH7E Universal life insurance is defined as a kind of flexible permanent life insurance that offers low cost protection of savings element and term life insurance that a person invests for providing a cash value buildup. The savings element, death benefit as well as premiums can be altered and reviewed as your circumstances change. Additionally, unlike whole life insurance, here the policy holder is allowed to use the interest from her/his accumulated savings so as to help pay premiums. This form of insurance was created for providing...

Medical Care Insurance

Do you have a medical cover? Medical care insurances prove very useful in case of emergencies. Imagine yourself in a medical emergency, when you can take care of your loved one and at the same time, have to pay the hospital bills and take appointments from medical professionals. All you need during the crisis is a health insurance policy. However, with a medical care; you can expect better services, faster access to the hospital and doctors, and more peace of mind. Medical care is a contract between an individual and an insurance company. The policyholder...

Insurance Tips

Insurance is a basic need of every one. Insurance is a service, which is provided by registered companies to individuals and groups. One can insure himself as well as his belongings with insurance. He has to pay a certain amount of money in every month, which is called premium, to the insurance company and in exchange of the fees, the provider covers the policyholder against all impending dangers. Types of insurance: There are many types of insurance available in the market. However, the common types of insurance policies are: Life insurance:...

Online Insurance Policy

Purchasing an insurance plan has become extremely customer friendly. With new innovations taking place, the concept of online insurance policy is becoming increasingly famous. Given the fact that the present day generation is becoming cyber savvy, online selection and transaction for insurance policies are the next best option for almost anyone. Not only it saves you from the hassle of visiting an insurance agent or broker but also allows you a volley of options online. At the same time you would get the best professional advice and tips of insurance...

Mediclaim Policies

If you take a look at the medical market, you would find that the medical costs are increasing by the day. Keeping this in mind and benefiting from the medical services in case of any unexpected ailment or accidents would thus become very steep. Mediclaim policies act as a solution to keep away from increased medical charges. A reason why if you have not enrolled in to one you must do so at the earliest. Features of Mediclaim Policies If you have been thinking about investing in mediclaim policies then you need to be aware of its features and...

Health Insurance

After life insurance health insurance policies are perhaps the most insurance policies required by human beings today. Health is slowly and steadily becoming a major matter of concern for most individuals today. Since most of us today have joined the rat race and every one wants to be rich and successful the one major thing that we are neglecting is our most precious asset health. Ailments like Heart problems, diabetes, stroke, renal failure, cancer etc were rare till a few decades back but with every passing day these dreadfully diseases are...

Accidental Insurance Policy

Accidents can happen any day any time and anywhere. We cannot avoid the impending dangers, but we can decrease the losses and damages. Accident insurance can cover you and your family from financial loss due to an accident. Accident insurance is often referred to personal accident insurance. It also provides financial security against treatments, medical expenses, and hospitalization, caused by an accident. Accident insurance policies cover a person for any injury, caused by an accident. The policyholder will buy the policy while the insurance...

Travel Insurance in India

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Keeping in mind the modern day lifestyle and its hazards, an effective travel insurance plan is important to have a safe trip. Some of the perils faced by travelers and passengers are the loss of passport, baggage, hospitalization and flight delays. In today's polarized world, issues of concern are much more serious. Threats of theft, smuggling and hi-jacking are dangerous situations. Such kind of anti-social activities are not limited to any national and international boundaries. A safe travel insurance plan is just a way to ensure your safety on your trip.

The Travel Insurance Industry

Travel insurance undoubtedly is a flourishing industry. Every insurer today is working his best to come up with their best plans, keeping in mind 'customer value'. These plans aim to cover all possible risks related to travel. You always have the option to select the policy that suits your requirement. Famous companies have come up with different insurance schemes keeping in mind the changing needs of people.

How do Travel Insurance policies work?

In order to avail a plan, you need to choose a policy that fits your purpose with any established insurance company. Your contract with the company, assures you the coverage of certain belonging, if something unfortunate happens on your trip. If you face any problem that the policy states to cover, you can make a claim. The insurer does the payment.

What does a Travel Insurance Plan cover?

Not all policies provide coverage for the same protection. They vary according to the insurance companies as well as plans. The basic benefits that you can expect are listed below-

Coverage for Theft and Loss
This plan helps if you loose any personal belonging or luggage or even if they are stolen.

Coverage on Travel Delay
This policy helps the passenger in case flight miss or delay.

Health and Medical Coverage
This covers the treatment cost and all other medical expenses that might be required if a passenger falls ill on the trip. The same is applicable if there is an accident.

Coverage for Public Liability
This plan is specially designed to cover the costs in case the holidaymaker is prosecuted for harming others.

Coverage on Cancellation
If you have to cancel a trip due to any illness and any other personal cause, then this policy is of great help.

Top Travel Insurance Plans

If you have been wondering how to go about choosing a perfect travel insurance policy, then you can look at the list below. Names of esteemed brands have been given with the various insurance products they offer.

Reliance General Insurance Co. Ltd.
Reliance Travel Care Insurance -Student
Reliance Travel Care Insurance -Individual
Reliance Travel Care Insurance -Asia
Pravasi Bhartiya Bima
Bajaj Allianz General Insurance Co. Ltd.
Swades Yatra
Travel Asia
Travel Companion
Travel Elite
Travel Assist
National Insurance Co. Ltd.
Overseas Mediclaim
Baggage Policy
IFFCO TOKIO General Insurance Co. Ltd.
Travel Insurance
ICICI Lombard General Insurance Co. Ltd.
Student mediclaim insurance
Domestic Travel Insurance
Overseas Travel Insurance
The New India Assurance Co. Ltd
Overseas Mediclaim Policy
Baggage Insurance
Royal Sundaram Alliance Insurance Co. Ltd.
Travel Insurance
Star Health & Allied Insurance Company Limited
Travel Insurance -ICorporate
Travel Insurance -IFamily
Travel Insurance -IStudent
Travel Insurance 'Individual
Apollo DKV Insurance Company Limited
Easy Travel - Senior Citizen
Easy Travel - Family
Easy Travel - Individual
Easy Travel -Annual Multi Trip
Cholamandalam MS General Insurance Co. Ltd.
Chola Travel Insurance- Individual
Chola Travel insurance- Multi Trip
TATA AIG General Insurance Co. Ltd.
Domestic Travel Guard
Travel Guard
Student Guard
Asia Travel Guard
HDFC ERGO General Insurance Co. Ltd
Domestic Travel Insurance
Annual multi-trip Business Travel Policy
International Business Travel Policy
United India Insurance Co. Ltd
Marga Bandhu Policy
Suhana Safar Policy
Baggage Policy
Overseas Mediclaim Business and Holiday
The Oriental Insurance Co. Ltd.
Suhana Safar Domestic Policy
Overseas Mediclaim Business and Holiday
Overseas Mediclaim Employment and Study
Things to Consider

You might consider few things before selecting the best travel insurance plan for yourself. Some of the important aspects to mull over are the coverage schemes. There are plan that offer specialist protection and some provide general coverage. Once you have analyzed which policy to purchase, its best to compare price before finalizing the deal.

Insurance Policy for Mobile Phones

With the development of new technologically advanced devices like mobile phones, iphones etc the incidents of burglary has increased drastically. Hence, like life and home insurance, it becomes vital to take mobile phone insurance policies to safeguard your device against any unanticipated risks. Insurance Policy for Mobile Phones in India insures against any theft, fire and other unexpected damages. Key features of Mobile Phones Insurance in India Some of the salient features for insurance policies offered by Indian insurance firms are: Mobile...

Insurance Policies for NRI

A Non-Resident Indian is a person who has the citizenship of India and is residing temporarily in the country of his present address. The person must have a valid passport Government of India and should not plan to apply or have applied for getting the citizenship of his present country of living or of any other country. However, green card holders as well as international residents of Indian origin are not regarded as NRIs for getting insurance. Insurance policies are must for everyone, for this helps to cover the costs during the time of any...

Insurance Policy for Doctors

For a patient, his doctor is a person who guarantees sound well being through flawless treatment. Unfortunately, human inaccuracy cannot be removed and medicos are exposed to the hazards of assertions from customers who have undergone losses caused due to negligence, fault or omission. Professional Insurance Policy for Doctors averts any considerable threat posed to the fiscal security of the medical practitioner. It not only safeguards the professional interests of the doctors by suggesting safety measures to them but also protects the health...

Insurance policies for Senior citizens

Insurance is considered to be a kind of long term savings for the senior citizens of our country so that this money can provide them with financial stability in time of need. A senior citizen most probably at the age of 60 and above suffers or is most likely to suffer with certain ailments which probably come with age hence he needs to keep some sort of a savings which can come of help in time of need. Or even if there are no health issues once a person retires he needs some kind of income to support him through the rest of his life. Insurance...

Insurance Policies for Pregnant Women

Mediclaim policies in India such as maternity insurance are offered by insurance firms as a component of group insurance policies to corporate houses. None of the general insurance firms provide complete Insurance Policy for Pregnant Women as the coverage shields only unanticipated risk cover and maternity is not categorized under this. Moreover, there are no particular parameters or consistency among the various pregnant women insurance benefits, either in its inclusions or in its omissions. However, there are few firms offering maternity insurance...

Insurance policies for women

Society is finally realizing the importance of women. Women have finally managed to break the shackles of the four walls and stepped out to keep pace with their male counterparts. The last few decades has witnessed a sea change in the outlook of society towards women. The image of the traditional Indian housewife has undergone a drastic metamorphosis over the last few decades. Women in India today are walking shoulder to shoulder with their male counter parts. Today women are occupying important positions in top notch corporate houses along with...

Insurance Policies for children

Every parent wants to fulfill the dreams and aspirations of their child. They want to provide the best for him be it education, life style or marriage. Insurance policies for children are really gaining momentum due to the rise in prices of every possible thing. Parents foresee a future need to supply the needs of their children especially in the field of education. They want him to have a secured future so that even if they are not there tomorrow the child is at least protected financially. Popular Insurance Policy Schemes for kids Here are...

Insurance Policies for Individuals

Out of all the policies Policies for individuals are found in plenty. Since the very onset of insurance this was the segment that was catered to the maximum, individuals for retirement benefits, individuals for life insurance, individuals insuring their vehicles, homes, business etc. Slowly and steadily the insurance market has started catering to broader areas like family, parent child etc. Insurance Policy Plans for Individuals Invest Confident: Bharti AXA's unit linked investment cum protection plan provides the best enhanced investment returns....

Insurance Policies for Small Business

Insurance Policies for Small Business play an active role in covering the success or failure of a business venture undertaken on a small scale. Small business insurance plans have gained importance in the last few years triggered by an increase in cutthroat competition among big organizations and the need for survival of small businesses. A small business can be defined as a venture or firm which functions on a low level of production and constitutes lesser number of shareholders as compared to its large business counterparts. Thus, these small...

Insurance policies for business

Business insurance protects you and your business for claims of coverage due to negligent activities or failure to use optimum care. However you should go in for the type of business insurance which suits your business the most. Every business requires some kind of investment whether big or small hence it becomes absolutely necessary to provide some kind of a financial security to your business. Burglaries and fire brakouts are very common these days making business insurance even more important so that even if the worst happens tomorrow you know...

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