Insurance | Enrichwise

April 18, 2023 Healthcare, Insurance Kapil Jain

Should I take Family Floater Or Individual Health Insurance Plan?

Family Floater Or Individual Health Insurance Plan How many times have you encountered the quote “Health is Wealth”? Probably many times. Though we all know our health should be our top priority, we often ignore it. We know good health comes from healthy eating, routine exercise, health check-ups, etc. But why do we ignore health […]

April 7, 2023 Insurance Kapil Jain

What are Top-up Health Insurance Plans, and how can these be beneficial

What are Top-up Health Insurance Plans, and how can these be beneficial? When you order a pizza, the billing executive usually asks whether you need any top-up of cheese, olives, chicken, or other toppings over the basic pizza you ordered. So, these toppings can be compared with the top-ups in the health insurance industry. Every […]

November 28, 2012 Insurance admin

Understand : What are Annuities & Various Types of Annuities

“Life is Uncertain. Only Death is Certain.” The risk of death is covered using a life insurance. Whereas the risk of living longer is covered by Annuity In a life insurance contract the insurers pay on the death of the insured, but under an annuity contract the insurer usually stops paying upon the death […]

November 26, 2012 Insurance, Tutorials admin

Understand : What is Paid Up Value in your Insurance Policy

. Awareness precedes success Most of the Insurance Policy Holders are unaware of the concept of Surrender Value and Paid Up Value in case of lapse of a policy for any reason. This note with an example will help understand the concept. Guaranteed Surrender Value Under Sec 113 of Insurance Act 1938 if a person […]

November 24, 2012 Insurance admin

The Business of Insurance and it's Benefits to Economy…

. Insurance, as a vibrant Financial Industry, has an enormous potential with abundant scope to source out premium collections as well provide multi facet security to people. India being a country with large rural population has potential untapped for want of more organized activity. History of Insurance : Existence of the concept of Insurance can […]

July 4, 2012 Insurance, Tutorials admin

IRDA Consumer Education website ~ Insurance ~ Educating Customers

Insurance is a sophisticated financial instrument which requires a fairly high level of involvement on the part of the consumer to make it effective. Yet insurance is also a basic requirement that every person should have. This universal need coupled with its complexity makes for a difficult combination since there is a mismatch between the […]

June 12, 2012 Insurance admin

Pension Policies and Differences between conventional life insurance plans and pension plans

What are pension schemes? Policies that offer money to the insured at the retirement age. If death occurs during the policy term, his nominee gets the amount – lump sum or as annuity. Pension plans (also referred to as retirement plans) are offered by insurance companies to help individuals build a retirement corpus. On […]

June 5, 2012 Insurance admin

Components of Life Insurance Premium for Endowment Plan

In many parts of the world, Insurance policies get sold. They do not get bought. Almost 70-80% of the Insurance Policies which get sold in India comprise of the Non-Term Life Variety (means that approx 80% policies are not pure risk cover). Do you know the components of the premium which gets paid periodically. Many […]

July 11, 2010 Insurance, Reviews, Stocks, Mutual Funds, Etf's etc, Tutorials, Uncategorized admin

"Free Lunch" Seminars—Avoiding the Heartburn of a Hard Sell

. BEWARE —-Investors frequently get invited to free seminars. These seminars make tall promises. To educate about investing, or profit from home trading strategies or about managing money in retirement. They also provide VIP treatment , sometimes provide an expensive meal at no cost. Please remember that , just because someone buys you breakfast, lunch or dinner […]

March 1, 2010 Insurance admin

How much Life Insurance do I Need?

You never know what is enough, until you know what is more than enough. ~William Blake There are so many people, who ask me the big question: how much life insurance do I need? I have heard it from 21 yr old working in BPO’s, 35 yr old married person with wife and children,from super […]

Category: Insurance