Skip to main content

Affordable Health Insurance

 

Taking care of the health is imperative today. Fitness clubs, yoga classes and nutrition awareness programs are gaining momentum. Society is getting more and more health conscious and even better ways to maintain good health are getting prevalent. The interesting fact is that more number of people is taking care of their health not because they are concerned about their fitness but because they are concerned about the increasing health care costs and they do not want to dump all their savings by paying exorbitant medical bills.

Of course, benefits of a healthy life are numerous and act as a support system to ease from stress and anxiety of daily life.. Increased work load and responsibilities with each passing year may add to the possibilities of you acquiring various health conditions. And, you might be compelled to empty your bank account to pay those hospital bills and medical expenses. Buying health insurance policy will make sure that you do not burn hole in your pocket unnecessarily as well as, you will be availed best of health services possible.

There is useless hype created about health insurance service being an expensive one. Whereas the fact is, you just need to be alert and prudent while choosing the best health insurance policy. Here are the few points you need to consider when shopping for an affordable and a most close suit.

1. Compare, compare and compare:

This is of course, a tedious task but when you put various products in same line, side by side, you are able to know the difference between the two or more. The coverage level, health insurance riders, their respective prices, discounts on each of them and level of no-claim bonus provision will enable you to comprehend your specific requirements and the price you are willing to pay for the same.

2. Choose a family floater plan:

You may contend that acquiring health coverage for each family member is an expensive affair. Nonetheless, you need to take into account that if you have a family, acquiring coverage for each of them will save you from abrupt spending in times of need. A family floater plan will save you on the amount of premium substantially.

3. Do not let employer's health insurance go waste

Though having health insurance only from the employer is not sufficient but it will reserve at least that minimum amount, which your employer has set aside for each of his employee and his family, in some cases. And, the important point is, it will not render you insurance-less.

4. Buy health insurance at a younger age:

Many find buying health insurance at a young age to be a waste of their money as they believe they will not fall ill or will not need medical services at this stage. But the point to note is that the insurers provide health coverage to youngsters at much cheaper costs. Young people on the other hand, can avail themselves cost benefit as the health policy bought at a younger age will help them to save lots of bucks at the middle and the older age.

5. Take basic hospitalization cover or a mediclaim policy:

Taking basic hospitalization coverage might not fulfill your every health insurance need but it will provide protection at least at a basic level. In any case, you will be able to take care of your family should any unfortunate like accident or injury occurs.

Once you acquire the health insurance, you also need to pay the premium for that. Paying heed to the abovementioned points, while purchasing the health insurance policy will ensure that you do not pay more unnecessarily and choose the best health insurance policy for you and your family.

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

Popular posts from this blog

Mutual Fund Exit Load Changes

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Mutual Fund Exit Load Changes AMCs don't communicate about any change in exit load directly with investors, but do update on their website   The exit load applicable to your investments is the load which existed at the time when you invested in the particular fund. Any subsequent changes in the exit load will not be applicable to your investments.   However, Asset Management Companies ( AMCs ) periodically publish addendums in the newspapers, which state any change in exit loads of specific schemes managed by them. Such changes are also posted on their websites. However, a direct communication to an investor is not made, considering the costs involved in doing so. In their own interests, investors should not only track the performance of the funds they i...

Atal Pension Yojana contribution Tax Benefit for spouse

Contributions to Atal Pension Yojana (APY) are eligible for the same tax benefits as the NPS. This means that the contributions can be claimed under Section 80CCD (1B). The current limit for Section 80CCD (1B) is   Rs   50,000, over and above the   Rs   1.5 lakh limit under Section 80C. Section 80 CCD (1) is a different one, meant to cover employers' contribution towards NPS . You cannot get tax benefit by investing in the name of your spouse under Section 80 CCD . ------------------------------ ----------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in India for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Religare Tax Plan 4. DSP BlackRock Tax Saver Fund 5. Franklin India TaxShield 6. ICICI Prudential Long Term Equity Fund 7. IDFC Tax Advantage (ELSS) Fund 8. Birla Sun Life Tax Relief 96 9. ...

Birla Sun Life Mutual Fund Launches Birla Sun Life NIFTY ETF

Birla Sun Life has launched a new fund namely, Birla Sun Life Nifty ETF, an open ended exchange traded fund. The new fund will be open for subscription from 4th July to 18th July 2011, at an offer price of Rs 10 per unit. The investment objective of the scheme is to generate returns that closely correspond to the total returns of securities as represented by S&P CNX Nifty, subject to tracking errors. No exit load will be charged under the scheme. The performance of the scheme will be benchmarked against S&P CNX Nifty and will be managed by Satyabrata Mohanty.   -----------------------------------------------------------------   Also, know how to buy mutual funds online:   1) DSP BlackRock Mutual Funds: http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html   2) Reliance Mutual Funds: http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html   3) Birla Sunlife Mutual Funds: http://prajnacapital.blogspot.com/2011/...

Mutual Fund Reivew: Birla Sun Life Asset Allocation Conservative

Birla Sun Life Asset Allocation Conservative has numbers on its side to prove its credibility… Don't be surprised to find this Fund of Funds ( FoF ) in our recommendations. It has earned its place. And despite the difference in the structure of the product, there is no arguing with the numbers.   Of the total 6 years of its existence, the fund has been among the top 10 funds in its category in four of them. Last year it put up an average show and the only year it underperformed its peers was in 2008.   One aspect to look at when investing in an FoF is the expense ratio. The expense ratio of an FoF is capped at a lower limit of 0.75 per cent (2.50% for an actively managed fund). However, the FoF not only has its own expense (though lower) but even the expense ratio of the fund it is investing into. Fortunately, the fund manager takes that into account. "Expense is one of the important criteria used for fund selection and is the main reason for our investment in BSL Ind...

Short-Term Investment Options in Mutual Funds

Mutual funds offer liquid funds and ultra short term funds in the debt category, which are suitable for short investment periods. Ultra short-term funds were earlier known as liquid plus funds. Liquid funds invest in money market instruments with a maturity of 91 days or less. However, there are no such restrictions for ultra short-term funds. Who should invest in these? These are open-ended schemes. Investors with a short investment horizon or with surplus cash and low risk appetite should look at these. These could include corporate as well as retail investors. Those interested in staying invested for less than 15 days can opt for liquid funds. Retail investors who want to remain invested for two-four months, can look at ultra short-term funds. The short duration for both liquid and ultra short-term funds shields them from any interest rate volatility.   What kind of returns do they offer? In terms of an investment period less than 15 days, these funds are comparable to a ba...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now