Underinsurance: The Silent Demon Haunting Your Finances๐ฎ
๐What is Underinsurance? It happens when an individual or businesses has insurance coverage but less than what’s actually needed to protect against any potential risk. Policyholder may believe that they are protected but in reality their policy limits are too low to fully compensate for losses in the event of an accident, illness or disaster. […]
Why Group Health Insurance Beats Health Insurance on Waiting Period.
๐ Introduction~ When it comes to health insurance one of the biggest pain points for individual is waiting period.Whether it’s for pre-existing conditions, maternity benefits or specific illness insurers often require you to wait for months or even years before coverage kicks in. The good news? Group health insurance usually eliminates or reduces these waiting periods. […]
What is Product and Public Liability Insurance?
What is Product Liability? It comes under the consumer protection act. Product industry is the largest industry that include businesses like food, medicines, clothes, technology and more. The businesses in these industries can easily be the victim of product liability risks. All businesses are responsible for how their products affect customers. While products are meant […]
๐๐๐ฏ๐ฒ๐ฟ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ- ๐ฃ๐ฟ๐ผ๐๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐ฌ๐ผ๐๐ฟ ๐๐ถ๐ด๐ถ๐๐ฎ๐น ๐ช๐ผ๐ฟ๐น๐ฑ๐๐
Cyber insurance also known as cyber liability insurance is a policy that covers losses from internet based risks like data breaches, cyber attacks and business interruptions.๐It covers both first and third party claims offering a safety net for businesses to recover when such incidents occurs. ๐๐๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ ๐ง๐๐ฝ๐ฒ๐ ๐ผ๐ณ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ๐: ๐ก๐๐๐ฏ๐ฒ๐ฟ ๐๐ถ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ~ Insurance coverage that […]
How Age and Inflation Impacts the Cost of Health Insurance Premiums๐ฆ
Policy holders often worry about health insurance premiums rise every year. It is because of several factors like: Aging, Medical Inflation, Rising Claims and Lifestyle Patterns. ๐คHow Age Affects the Health Insurance Premiums? Health insurance is a safety net that covers medical expenses but with advancing age insurance premiums also increases because insurers view older […]
Why Term Insurance is Must Nowadays?
Term insurance is crucial for a breadwinner because it provides financial protection to their family in case of their untimely death, ensuring continued stability and support for dependents. In today’s fast paced world , financial planning isn’t just about growing wealth but about protecting it for your loved ones. One of the most critical component […]
Top 5 Mistakes to Avoid While Buying Insurance Online๐ฆ
Getting insurance online is super easy where you can easily compare plans, check premium prices and buy a policy without any hassle. But because it’s so easy, people sometimes miss important details and these mistakes can cause big problems later. In this Blog we’ll walk you through the top 5 mistakes to avoid while buying […]
How To Port Your Health Insurance To Another Insurer๐ก
Health insurance portability is a process in which you can change one health insurance plan to another, either with the same insurance company or another without losing any benefits like waiting periods credits. What are the important thing that you need to keep in mind before porting your health insurance policy~ ๐Apply for Portability: Fill […]
What are the consequences of not revealing about your Pre-Existing Disease๐ฒ
๐ญThe insurer can reject your claim~ ๐ง This lead to policy cancellation~ ๐คThis will affect premium calculation~ Transparency Now Means Protection Later. If you’re unsure how your condition affects your coverage, We can help you explore policy options or simulate premium estimates. ๐9888600239 ๐กhttps://growease.in
What Issues People Face in Health Claims in India๐ง
When you subscribe to a health insurance policy, you expect it to act as a financial safety net during medical emergencies. However, the true test of any insurance policy comes at the moment of filing a claim. Unfortunately, the claim settlement process in India is often affected by challenges that can leave policyholders frustrated and financially strained. […]