As an insured, what you ought to do

By Policybachat. Posted on May 14, 2014

In Spiderman movies we have seen an idiom coming up quite frequently, and quoted as, “With great power comes great responsibilities”. This very idiom implies in insurance sector as well. Whenever you purchase any insurance plan, you certainly have that added power in your arsenal that will help you in adverse situations in your life. This ability […]

Health insurance plan for aging parents

By Policybachat. Posted on May 13, 2014

Cost of living has gone up considerably in the past few decades, which is the reason why goods and services are in demand now, as it had never been in the past. Healthcare sector is among those service industries which also got affected by economic changes in Indian market. It is commonly known fact that […]

Insurance plans and tax benefits under various sections

By Policybachat. Posted on May 12, 2014

Insurance in India is basically treated as investment options and most people forget the main objective of having an insurance, which protects one or other event and property that is owned by customer.  Some insurance policies are handy while you file tax, as it allow customers to avail waivers on taxable income. Insurance plans are […]

Understanding cashless hospitalization

By Policybachat. Posted on May 9, 2014

There are two different types of claim process associated with health insurance. Firstly reimbursement system, the primitive one, and secondly cashless facility, more advanced one. Cashless facility is a much better concept, as insured and their families don’t have to do anything except informing their insurer or TPAs. This system is obviously very good for […]

Things to keep in mind while switching insurer

By Policybachat. Posted on May 8, 2014

Insurance is a useful option for future investment. Planning and buying insurance is very critical if you look at the uncertain events that are associated with human life. Various insurance plans cover different contingencies of life and therefore needs proper investigation before you decide to purchase one. At times many customers are not satisfied with […]

Components to look out for in health insurance

By Policybachat. Posted on May 7, 2014

There would be hardly any volatile material, which is as unstable as human life. There are certain situations which aggravate the volatility of human life to bigger heights. Health breakdown would be one of those arbitrary conditions, which left you wondering how, when, what etc. happened to you or your family.  Behind all, bitter truth […]