Manoj Gehi View On General Insurance &amp Personal Finance.

Health Insurance provides risk coverage against expenditure caused by any unforeseen medical emergencies. In today’s high medical inflation rates, failing to hold adequate amount of health insurance cover can often prove to be a major personal financial slip-up. It can either result in poor health care because of non-affordability or spiral an individual into financial distress due to high medical bills. Currently, majority of the salaried professionals are provided a health insurance cover by their respective organizations. However, they often fail to assess their health insurance requirements and realize the benefits of holding adequate health insurance. They also assume that the health insurance cover provided by their organization will be available even during the post retirement phase. There are two common mistake areas when it comes to buying life insurance and health insurance. One, people don’t act at the right time. Two, when they realize that they have done a mis...

Here's how to claim health insurance from multiple insurers Narendra had to undergo an angioplasty surgery suddenly. His family was convinced that his old health insurance policy worth Rs 75000 bought 10 years ago would be sufficient to meet the expenses of surgery and hospitalization for 4 days. They were in for a rude shock when the bill came up to Rs 185,000. Health and hospitalization costs  have gone up during the recent years and a single health insurance policy bought years ago, often falls short. Having more than one health insurance is very common these days. One may be the one that your employer gives you and the other you might have bought as a personal cover. You may also have one policy to cover your parents and the other may be for your family. You bought these covers to be doubly sure. However, what do you do in case of a hospitalization? How do you claim? Will it be from both the insurers, what proportion etc are some of the doubts that arise in the minds of the...

Mediclaim Policy 2012  M/s. The New India Assurance Co Ltd. M/s.The New India Assurance Co Ltd introduces New Mediclaim Policy 2012 with effect from 1 st August 2013. The entire existing Policy holder’s insured under Mediclaim Policy 2007 & those who wish to insure themselves with M/s. The New India Assurance Co Ltd will be governed by Mediclaim Policy 2012. Though the existing policy holder’s do have an option to remain under Mediclaim Policy 2007 the premium rates would be charged as per the premium schedule of Mediclaim Policy 2012. MORE ON THE MEDICLAIM POLICY 2012 IN BRIEF * Please note that the contents mentioned herein below are for information purpose only. For in depth terms & conditions effecting the policy holder’s kindly refer the policy schedule issued by the company or alternatively contact your advisor concerned. ·         This policy comes into effect from 1 st August 2013. ·      ...

GREAT NEWS FOR SMALL & MEDIUM ENTERPRISES Now Available Group Mediclaim For Staff & Employees of Small & Medium Enterprises . HIGHLIGHTS OF THE SCHEME The Group Mediclaim Scheme is available for Staff & Employees of Small & Medium Enterprises. No Age Restrictions. No Medical Test Needed No T. P A. ( In House Settlement of Claims ) Minimum Number of Employees / Staff Needed is 16 Family Floater Scheme Can Cover Staff / Employee alongwith their Spouse, Children, Parents  Sum Inusred Options under Family Floater Rs.100,000 To Rs.10,00,000. Pre Exisiting Diseases covered from Day One Maternity Benefits upto Rs. 50,000 Waiver of  Waiting Period of 30 days & 1 year. BENEFITS THE EMPLOYER 1) Premium Paid can be claimed as expense. 2) Loyalty from employee / staff as it acts as welfare towards them. For Personal Discussion Write in to: planmyinsurance@gmail.com

HYPERTENSION Did you know that year 2013 is declared as the year of High Blood Pressure by (W H O) World Health Organisation W H O states that there has been an enormous increase in the cases of Hypertension/High Blood Pressure in India . W H O estimates that every 5 th person has the ailment of High Blood Pressure / Hypertension. Hypertension & High Blood Pressure. Changing lifestyle patterns in India & due to high degree of competition in every sphere of life we pay attention to earning the maximum & ignore health totally. As a result we work Maximum hours in a day. We don’t meditate. We sleep less. We spend less time with our Family & friends We don’t take breaks in between working hours. We don’t go for vacations. We don’t exercise. INSTEAD………. When Hungry just to safe time & work more we indulge in quick unhealthy junk food like, pizzas, wafers, ready made packs, pav bhaji, wada pav etc To BEAT STRESS Most indulge in large consumptio...