Is Private health cover(Insurance) worth in India?
Health insurance is worth it in India or not? is the question I usually hear from my existing clients or prospective clients. Today, a serious discussion happened with one of my clients. He is a well-educated person, well settled, and earning a good salary. A few years back, I gave him “Financial Planning. As a part of financial planning, I had given him health insurance planning. He has health insurance for his family and for his parents as well. Three years completed. Now comes the fourth and the policy is due for renewal. Further more, he is not willing …
Insurance Planning -Why some times will fail in Life Insurance, Health insurance etc?
Sometimes Insurance planning will fail. People do take life insurance and health insurance etc to protect themselves from financial loss due to unexpected death or health issues etc. For this, they do Insurance Planning. Insurance planning also part of Financial Planning. Therefore, I have added this article in Financial Planning category. But sometimes this Insurance planning will fail. Recently I had a discussion with a Government Employee. He is working in Andhra Pradesh State Government. They have mandatory Department Life Insurance called APGLI. In the conversation, he said that If Life Insurance Policy of Lic or any private Life Insurance …
