close

Finance

Finance

What is the Meaning of CVV Number?

The use of online credit cards has seen increased popularity among Indians over the last few years. The reason is the convenience, security, and the various perks such as discounts, cashbacks, and gift vouchers offered by credit cards. Credit cards also allow you easy access to credit in case of emergencies, saving you the trouble of having to borrow money from external sources. It is recommended that to maintain a good credit score, you always clear your credit card dues in time. All credit cards come with a limit on the amount you can spend in a month. Once you exceed this limit, you cannot use your credit card till you clear your outstanding dues.

How to Apply for Credit Cards?

If you are thinking of applying for a new credit card, you can follow the below-mentioned steps for the quick issuance of a credit card.

  1. Go to the bank of your choice and interact with a credit card representative.
  2. List out the reasons for applying for a credit card. The representative will then check your credit score and income to know whether you would qualify for obtaining a credit card or not.
  3. After the verification process is complete, you can fill the credit card application form. Your card would be delivered to your registered address in a few days.

You need to keep certain documents such as identity proof, address proof, and income proof handy while applying for a credit card.

Alternatively, you can also apply for credit cards on portals such as Finserv MARKETS where you have the advantage of comparing the best features of various credit cards at one go. You can then opt for the one that best suits your needs. To apply for a credit card on Finserv MARKETS follow these simple steps.

  1. Log on to the Finserv MARKETS website www.bajajfinservmarkets.in.
  2. On the top menu, click on the “Cards” tab and from there select “Apply-Credit Cards”
  3. Enter your phone number, email ID, and date of birth to check your eligibility for various offers.
  4. Select the card of your choice from the wide range of options and click apply.
  5. Provide the KYC documents needed for verification.

And that’s it. You’re done.

Credit Card CVV Number

While making an online purchase using a credit card, you are often asked to provide details about the name on the card, expiry date, card number, etc. along with a 3 or 4 digit number before the payment can be processed. This number is called the CVV number.

What is the meaning of CVV?

CVV stands for Card Verification Value and is unique for each card that has ever been printed. Even if you save card details on a website for facilitating quicker checkout, your CVV won’t be saved and you need to add it every time you initiate a purchase.

With an increase in cashless transactions, instances of cyber frauds have also risen. CVV number was formulated as an effective shield against phishing attempts. It makes your online transaction using credit cards secure as the CVV number for each card is obtained using a precise algorithm and can not be easily misused.

Credit cards of different companies have the CVV number printed in different places. In the case of MasterCard and Visa, the CVV is printed on the back of the card. However, in the case of America Express, the number is printed on the front panel of the card.

Conclusion

Even though CVV protects your card against cyber fraud, there are instances when this protection can be breached. Therefore you should never leave your card unattended or discuss your credit card details with anyone. You should carry out purchases only on trusted sites. In case you notice any unauthorized transactions, you should immediately report this to your bank. As long as you follow these precautions, your credit card is perfectly safe and secure and you continue using it for all your needs.

read more
Finance

SME loans in India: myths and facts to consider before applying it

An SME loan is the best option for a small business to obtain quick finance without the hassles of extensive paperwork. Further, the application process of the business loan has been considerably simplified by the fintech lenders, with the adoption of cutting-edge technologies. Business loans from fintech players offer several advantages from easy EMI repayment options to competitive interest rates, unlike profit sharing terms like investors. However, despite the obvious benefits, there are several myths that have clouded the minds of SME loan applicants. We shall debunk these myths with factual analysis.

Myth 1: Chances of loan rejection are high in case the loan requirement is nominal

This is completely untrue. The loan amount applied for and sanctioned in entirely dependent upon the business requirement. The loan approval is contingent upon satisfying the eligibility criteria of the lender.  Even an SME can apply for a small ticket size loan and get the same approved from an NBFC within a week if its financial metrics are strong.

Myth 2: Personal Loan wins over a Business Loan

This again does not hold in many instances. Although the processing time of personal loans is faster compared to business loans, their sanction limit is much lower in case of a personal loan. Further, the interest rates on business loans are relatively lower than personal loans. Further, the creditworthiness of the business owner in his individual capacity is considered while granting a personal loan. This does not help build the credit standing of the business. Further, small business is prone to business cycles. In case of the business hitting a low, the credit score of the promoter takes a hit, which will impact future chances of obtaining a loan. It is prudent to keep personal and business finances separate from the tax angle as well. Interest on business loans can be shown as a business expense deduction in the P&L statement and goes towards reducing the taxable profits of the business.

Myth 3: Procuring a Business loan is plain tough

There is a common fallacy that it is difficult for an SME to obtain a business loan apply. If one meets the eligibility criteria of an SME loan i.e. at least Rs 40 lakhs turnover, a decent credit score, submission of GST and IT returns and an operating vintage of at least 3 years, there is a high probability of loan approval. Further, fintech lenders extend loans via a simple online process with the absence of collateral security.

Myth 4: Lenders will insist on a business loan against property

This is not always the case. In the case of banks, the collateral security is mandatory in most cases. However, in the case of fintech companies, there is absolutely no collateral cover required to avail a business loan. It is difficult for SMEs to offer assets as mortgage owing to their limited asset pool.

Myth 5: It is better to use one’s personal savings rather than availing a business loan

It is highly risky to dip into one’s personal savings. In case the business fails, one would be completely bankrupt as one’s personal savings would not be available for future financial needs. One must maintain separate accounts for personal and business finances. It’s a complete no-no to mix the two.

Myth 6: Best to approach banks for business loans

There is no such evidence available which confirms the veracity of the above. In several cases, an SME can obtain an SME loan from an NBFC, even in spite of the loan application having been rejected by banks. In reality, banks stipulate tough conditions for loan approval, which is difficult for SMEs to comply with. Hence in all cases, it is not necessarily that big is best.

Myth 7: The personal CIBIL score is of no consequence

This is a complete misconception. A credit score is one of the primary aspects that lenders consider prior to loan disbursement. A lender is mainly concerned with the repayment capability of the business. Hence the credit score is a strong indicator of the creditworthiness of the borrower. In case the business suffers loss, the loan amount can be recovered from the promoters.

Myth 8: You need an ideal credit score to get a business loan

This is an exaggeration of the truth. While a decent credit score is vital, in case of a strong financial position of the business, the lender would consider extending the SME loan. The lender may extend loans at higher interest rates to an entity with poor credit scores if it obtains assurance on the repayment capability of the business unit.

Myth 9: Only interest rate matters

This is a short-sighted approach to obtaining a business loan. While an attractive interest rate can help in savings of financing costs, one cannot restrict the analysis to purely the interesting pricing. Some of the other important aspects comprise any hidden costs, processing fee, charges, the reputation of the lender, tenure of the loan, the loan amount and most critically the absence of collateral cover.

read more
Finance

Obtaining Payday Loans Online

The convenience of obtaining a microloan consists not only in the fact that it can be issued immediately but also in the convenience of a refund. When applying for microloans, there are several options for returning the amount of debt.

Stages of getting online loan

Payday Loans Online is a company that helps users to get the most relevant credit for them. It is not necessary to have a perfect credit history, because the company finds options for different users. Anyway, there are different options on the market, so the users can select something that fits their needs. To get an online loan, you should go to the website of the microfinance organization that you have chosen to cooperate. Remember that you should make sure that the organization providing financial services has the appropriate license. Typically, the site can be found with all permits and terms of service. Here are the main stages:

  • Decide on the amount you need. It can be in the range of $100 – $30000 in the Payday Loans Online company. Try to specify the most accurate amount. Remember that on the basis of the loan amount, a payment is made for the use of the loan, so do not ask for extra money
  • Determine the period during which borrowed funds will be used. It can be only 3 days or a whole month. For the convenience of users, it is usually possible to choose a period with an interval of 1 day
  • Fill out a short form, it is necessary to specify some personal data (including four last numbers of the social security number).

With a positive decision, the money will come to your card. In some companies, if you do not have a card, you can get a loan for an electronic wallet. However, for Payday Loans Online, it is necessary for users to have the bank account without overdrawn

read more
Finance

Personal Loans – Access Cash When You Wish

Nobody up to now can provide the precise meaning of personal needs or what really are things that come under the course of private requirement. Actually, when we start mentioning the items inside a list then it might be just numerous. We might peep around for any certain factor today, but there is no need the particular factor would satisfy our avarice. Furthermore, if the list is lengthy or short just about everything would ended up costing some cent. Thus, cash is the primary factor which drives the cult and fervour of those. Furthermore, to guide a decent lifestyle we obtain obsessed on the large expenses. In this context when money continues to be referred to as the driving pressure or even the catalyst, let’s say some emergency situation hits on you? Quite simply, emergency situation means, all of a sudden you’ll need vast amounts for many apparent reasons. For example, you need to purchase a new vehicle, or you need to expand your company or various others cases can as well be be listed. In this situation, the loans can be the very best medium which may provide you with the right helping hands comfortable.

Personal loans could be known as the very best or the most popular loans in the loan fraternity. In a single word, these kinds of loans are known as ‘all-purpose loans’. You are able to really make use of the amount borrowed for just about any purpose like for financing your educations, visit to an overseas land or perhaps renovating you old home etc. So, these no purpose specific loans happen to be specifically formulated to tear off all of the unnecessary money related issues that can come connected using the personal needs. In addition, the flexible conditions and terms of those small personal loans wouldn’t dwarf you with extra or heavy obligations. Most significantly almost everyone can bear the sunshine burdens of these kinds of loans. However, you should understand his/her needs before you apply for such an example loans. Many of the since the personal loans can be found in two sorts i.e., guaranteed and unsecured. Within the former situation you should really pledge a burglar to obtain the needed amount whilst in the second situation you will get the borrowed funds amount with no security issue. However, the façade of the issue would be that the interest levels within the situation of short term loans are slightly high whilst in the situation of guaranteed loans the interest levels are very low.

In situation you need to access quick personal loans you’ll be able to readily ask for the support of the internet. By logging online, you’d encounter various banks and banking institutions that offer such an example loans which too at very minimal interest levels. This method would aid you in getting a much better picture concerning the accessibility to the loans and also the interest levels which compliment them. In addition, urgent requirements of money at occasions can’t be overlooked. During individuals occasions choosing the support of such an example loans would end up being a sensible decision. Furthermore, the eligibility qualifying criterion for such an example quick personal loans will also be not too bothering. The borrowed funds applicant ought to be 18 or over 18 years old and should possess a running saving/checking banking account. Not needed to say, you’ll want a normal supply of earnings to determine because you possess the repayment capacity.

Don’t you have money to buy a lovely gadget that you have been dreaming about? What if it is found to be available in a retail shop at a discounted price? Just grab the opportunity with the help of the personal loan for foreigners in Singapore.

read more
Finance

Buy car insurance now and pay later with Young America

With several cars going in and out of the United States and Canada, it is no surprise that accidents occur on a daily basis. These accidents are quite expensive, especially when they involve bodily injury and damage to the car. However, one way to avoid unnecessary expenses when involved in an accident is to have car insurance.

Car insurance provides coverage to the car owner against theft, financial loss, accidents, and other unforeseen circumstances. At present, almost all countries require every car running on their roads to be covered by insurance.

There are several firms that provide car insurance services. However, if you need an auto insurance firm that provides a comprehensive policy, buy now pay later car insurance, and even a down payment as low as $20, then your best option is Young America Insurance (YAI).

YAI provides auto insurance advice to clients on how to choose the right auto insurance coverage. The policy also covers all clients from situations that might make them legally accountable, such as bodily damage, property damage, accidental damage on another user’s car, and damage due to a covered accident.

What does Young America Auto Insurance Cover?
Young America provides a wide range of protection coverage that will help the clients when they are involved in accident, theft and other unforeseen circumstance. The auto insurance policy covers the following:

Ø Medical fees: This involves the payment of medical treatment fees for the driver and passengers involved in an accident. YAI also covers losses for people who are involved in an accident while walking on foot. The policy also provides compensation for fatal accidents.
Ø Coverage of uninsured drivers: In situations where you are involved in an accident with drivers that don’t have insurance, Young America Insurance provides coverage for the uninsured driver. The coverage includes all expenses that have to do with bodily injury for the driver and passengers.
Ø Personal injury coverage: Personal injury coverage comes into play when there is a loss of income or service, an injury that affects the driver, family members, or passengers covered by the policy, or death.
Ø Basic loss of use or Rental Reimbursement: This provides coverage for cars that were rented by an insured driver.

Benefits of choosing Young America Auto Insurance
There are several benefits to choosing YAI, especially for those short in income. Apart from the buy now pay later car insurance service it provides; the firm also offers a down payment as low as $20. Other benefits of choosing Young America car insurance coverage include:
Ø Coverage for accidental damages: Accidents can occur at any time, no matter how careful you may be as a driver. With a comprehensive auto insurance policy from Young America, you will have an all-expenses-paid coverage plan when accidents or car collisions occur.
Ø Coverage for medical bills: YAI also includes coverage for injuries or loss of life that occurs with a car accident. This helps provide money for hospitalization, legal expenses, and loss of life or limb.
Ø Coverage against natural calamity: The company also provides coverage against natural disasters, such as car damage due to floods, fire, or earthquakes.
Ø Protection from theft and Vandalism: The policy also provides coverage against theft and physical damage to your car due to vandalism.
Ø Protection from financial liability: The company helps you take care of all expenses that are involved in the replacement and repairs of your car.
Ø Freedom from worry: With YAI, you have nothing to worry about. It gives you peace of mind and saves you money.
Ø Preparation for law requirement: People who get involved in an accident without an insurance policy can lose their license. Therefore, our insurance policy can keep you from trouble when involved in an accident.

If you have a car and drive daily on the road, you need auto insurance

Although no one prays for accidents and unforeseen circumstances to occur, we can’t deny the fact that they do occur at times when we may not be prepared to cover for the loss. Therefore, it is vital to protect your vehicle against theft and accident. Getting your vehicle insured helps you stay safe and secure and saves you money and stress.

If you need an auto insurance firm that provides a comprehensive insurance policy, offers a down payment as low as $20 and a buy now pay later car insurance policy, and offers the first month of car insurance service free, then choose Young America.

read more
Finance

The Benefits and drawbacks of Hard Money Loan

Property investors are frequently confused by a few property terms, particularly the beginning investors. Most of them plan to improve their financing options and have an interest in what “hard money loan” is. Hard money lenders are often individuals or small groups that lend money in line with the collateral, or your credit rating. It’s known as hard since it is generally harder to repay. these financing options are temporary loan with greater rate of interest and upfront fee. Many beginning investors believe it is dangerous, when credit is tight however, obtain access to funding is vital for the prosperity of real estate investments. Let us have a look from the benefits and drawbacks from the these financing options.

The professionals from the these financing options:

More financing options: Hard money loan is among the loan types despite the fact that there are plenty of variations between conventional loan and difficult money loan. Hard money loan is simpler to gain access to, if you do not satisfy the strict conventional loan term, maybe it’s a good option. You are able to frequently close the transaction faster, with less documents compared to conventional government loan.

More collateral options: Hard money lenders accept various kinds of collateral. You should use your own house along with the future cash flows from the property as collateral. It enables you to definitely borrow as much as 75% from the property’s value. If you’re lacking funding, you can’t satisfy the minimum LTV ratio, you may also use other assets just like your house, possessions, and retirement funds as collateral. Be cautious and manage the potential risks correctly since you may lose other assets contrary bad happens.

More versatility: Many savvy investors use hard-money loan to invest in the repairs and renovations. You are able to close the transaction faster and generate a separate escrow account having a loan provider to cover repairs and renovations.

The disadvantages of those loans:

Greater cost and risk: Lenders generally require greater rate of interest and upfront charges. These financing options are mainly temporary. Therefore, to satisfy the stricter loan terms, investors need to positively manage the chance of an investment. Within the lower market, investors encounter significant chance of not able to pay back the loans and lose the collateral qualities along with other assets.

Lower ratios: Hard money lenders are simple to access, however the loan-to-value rations are normal lower. Inside a conventional government loan program, you’ll be able to borrow 80 to 90 % from the property’s value whilst in the hard money loan you are able to only borrow as much as 75 %.

If you get the approval, you will receive cash or check on that day. The money loan Singapore is given at most places because they do not like to keep them. However, if this is a check that you have to do, take your fast cash loan and keep it in its own right.

read more
Finance

 LH-Crypto – a unique crypto currency broker

LH-Crypto is a project that emerged as a result of a successful ICO held at the end of 2017. Today, LH-Crypto is practically the only full-fledged working crypto broker in the world. The uniqueness of this project is that clients of the company have the opportunity to open trading accounts in any of the most liquid cryptocurrency in order to then carry out operations for the sale and purchase of various instruments presented by the broker. It is widely known that today cryptocurrency has won a considerable segment of the market of the active Internet community and many are investing in this fundamentally new type of money. But due to its exotic nature, the crypt has not yet gained mass distribution, and it is sometimes difficult for it to operate. So, in order to get a banal purchase of any of the virtual currency units, you need to do this through one of the crypto exchanges or buy it at cash at your own risk by meeting with unknown sellers. To exchange a crypt for Fiat also have to look for a buyer on the exchange or for cash. Thus, in order to earn money on a crypto currency, you will have to purchase it at a lower price, wait for its growth (if it happens at all in the foreseeable future) and then successfully sell it, quickly finding a buyer, which is not always possible. A broker LH-Crypto provides an excellent opportunity to make money on a crypt quickly and also quickly withdraw the earned funds if necessary or invest them further.

So what does LH-Crypto offer?

A number of services that allow you to invest cryptocurrency in trading Forex and CFD instruments on stocks, raw materials and crypt. The list of tools today is represented by more than two hundred most diverse trading tools:

  • a wide range of currency pairs – from the traditional euro and the dollar to the exotic New Zealand dollar and the Mexican peso
  • more than a hundred shares of global companies (CFD contracts)
  • metals and raw materials (CFD)
  • crypto currency
  • a special exclusive tool presented only in LH-Crypto: synthetic pairs combining crypto currency and raw materials or metals

LH-Crypto combines the capabilities of the exchange – investing in cryptocurrency – and the broker’s advantages – trading with high leverage, that is, a chance to earn money with a very small deposit.

Broker fees from transactions made in LH-Crypto are as low as possible – from 0.2% per lot for crypto instruments and from 0.015% for Forex. In addition, another innovation of the broker was the introduction of the so-called Rolling Swap. Swap is the commission charged for transferring the transaction to another day and, as a rule, it is fixed, which is a significant cost for the trader who leaves the transaction for more than 1 day. In LH_Crypto, they abandoned the rigidly fixed swap and introduced a system in which the swap is minimal in the first few days and then begins to grow gradually.

Depending on the chosen tariff, customers can open an account completely anonymously, which is extremely preferable for traders from a number of countries with tight regulation of virtual currency turnover up to their complete ban. Of course, with such an organization of work, account replenishment and other operations are possible only with crypto currencies, which are in many ways so attractive precisely because they allow their owners to remain incognito. For those customers who are ready to identify themselves, LH-Crypto offers a wider range of ways to replenish trading accounts using plastic cards and bank transfer. Also for all types of tariffs available replenishment through various payment systems (PerfectMoney, Qiwi, etc).

LH-Crypto allows its customers to open accounts not only in crypto currencies, but also in the fiat currency of the old world – the euro, and the automatic withdrawal system allows the client to withdraw profits in the shortest possible time, without filling out any papers.

Today, LH-Crypto is a rapidly growing company, so the services provided will be improved, and the range of services will increase, but now what the broker offers to its customers can be called a revolutionary solution.

read more
Finance

10 Facts worth Knowing About Online Cash Loans

Cash loans, also called instant loans, are short-term loans that are usually secured against the income of the applicant. If you are in financial distress or need money to fund your expenses between two paychecks, this is a great option.

Here are 10 facts worth knowing about no credit check loans.

  • You don’t need a security. Since the loan is given after knowing your income, there is no need for a collateral.
  • Loans can be processed in the same day. If you cannot wait for a traditional loan, you will be happy to know that cash loans are approved on the same day, and you can even get the money in your account within 24 hours.

  • Some lenders accept phone application. Check for the terms and conditions and process of lending before you apply though.
  • Your credit is important and not important at the same time. Some lenders will approve cash loans only if you have a decent credit score, but that’s not always true. You can get a loan even when things don’t seem very favorable.
  • Lenders don’t want to know the reason. Typically, cash loans are small loans often not exceeding $750, so the lender won’t ask why you need the loan. You can choose to fund any requirement.
  • Cash loans have a higher interest rate. Yes, that’s true. Consider this for the extra risk that the lender takes while granting the loan. It is also important that you check the costs and expenses related to the loan in all circumstances.
  • If you have an un-discharged bankruptcy in your bank account, your application can be rejected. There are also a few other situations where applications can be rejected i.e. when the application isn’t complete or the person doesn’t have considerable income.
  • Cash loans must be repaid on time. If you don’t repay the loan as per schedule, additional costs and charges will apply.
  • You don’t need to go after a lender. The entire process will be completed online, and your privacy is guaranteed, so no one needs to know that you required a loan.

  • There’s a limit to cash loans. Only a certain amount, usually between $500 and $750, can be borrowed through instant loans.

Check the requirements and how the payments will influence your next month’s payments. The terms of repayment are usually mentioned in detail, so choose what works for you better. Also, talk to the lender to clarify any doubt related to the advance.

read more
Finance

How to be a tough Money Loan provider – Selecting The Journey

Property investors fitness instructor hard money lenders could possibly earn great profits. How to be this type of loan provider isn’t so simple an issue to reply to. There are many various ways that individuals enter into the process of money lending. To begin with, a loan provider is definitely an individual or company who supplies a specific kind of loan known as a bridge loan. Most generally utilized in property, but may running a business, bridge loans are temporary loans that bridge a niche in financing until permanent financing is made. In tangible estate, these loans are supported by property qualities.

You aren’t use of cash might stumble onto how to be a loan provider simply because they meet a trader who requires a quick, temporary loan so as to benefit from an offer on the property. This can be an end gap until traditional financing can be discovered or before the investor can switch the home. Bridge loans could be for a few days up to and including twelve month, however they usually so not extend beyond that. Since they’re supplying convenience and speed towards the customer in a greater risk, they sometimes charge fifty to 100 % greater compared to current rate of interest.

Others put down finding out how to be a money loan provider by educating themselves after which joining a tough money finance company. Firms assistance to lessen a few of the risk involved with offering bridge loans by pooling the cash of countless investors. Private, individual money lenders are exclusively accountable for collection and arbitration costs when the loan is defaulted on. Inside a firm, these possible pricing is divided one of the investors. And others start their very own money lending companies, firms, or partnerships. The most popular element between all sorts is an origin of capital, whether a retirement fund, equity loan on property already owned, cash, as well as other source.

When finding how to be this kind of money loan provider, there are several regions of education which can’t be skipped over. Legal needs and usury laws and regulations are absolutely essential in understanding department. Hard money lenders ought to know what is needed of these legally to be able to operate a legal and effective business. Additionally, such money lenders will require use of certain kinds of professionals for that necessary business tasks, for example professionals in real estate and legal arenas.

Now, do not get wrong. You know that fast cash is also the international banks and other financial institutions that provide financial credit services with legal money lender. Generally, the most successful apps for these services can give you instant cash at night, or it may take up to three working days.

read more
FinanceInsurance

Choose the Best Health Insurance Plans

Health plans have become like a necessity in the present times for a common man due to the high medical expenses. Lifestyle changes and environmental factors contribute to the increase in illnesses leading to hospitalisation and thus, high bills in hospitals. There are many players in the market offering health insurance plans and thus, choosing the best can be a task.

With umpteen options available one must compare all the options available and then choose the ones which gives the best coverage and meets all the requirements. The internet has made it easier today to compare plans from various insurance companies as this is less cumbersome and is time saving as well.

Right Ways to Surf the Internet for Health Insurance

Internet is a boon to mankind and when it comes to buying insurance, it certainly has changed the way buying insurance works.. The right way to surf the internet and buy health insurance is to take help from one of the insurance aggregator websites. These websites help the buyer in comparing the best insurance policies available on the basis of set parameters.

The websites take in some basic details like age, sex, lifestyle habits etc. and choose the best options available and provide a comparison. A side by side comparative chart makes it easy for the buyer to see what suits him the best, making it easier to buy health insurance. Health plans should be compared on the following grounds:

  • Coverage: The policy should provide extensive coverage which ensures that most of the expenses incurred when in hospital are covered. Depending on the need of the individual or the family, the exclusions must be checked. Some of the popular exclusions in medical insurance are dental services, cosmetic surgeries, maternity, If any of these is a requirement, then the policy must be chosen carefully.
  • Network Hospitals: The basic idea behind health insurance is that there should be cashless hospitalisation which means the bill of the hospital paid under insurance is directly settled by the insurance company and the insured does not need to spend any money from his pocket. This makes it important to check the network hospitals on the list as the preferred one must be there on the list and having an extensive list is always better as it gives more choices.
  • Room rent: There are plans which put a cap on the room rent and this sometimes gets difficult especially if the insured is being treated in a high end private hospital.
  • Add on benefits: Many insurance companies give add on benefits like free medical check-up once a year etc. One must carefully see these as these become useful.

Comparing the policy is essential to be able to choose the best one and using the internet is the best way to find the best one.

Make Your Life Easier with Health Insurance

When we plan for our life we plan for things like education of kids, their marriage, buying property etc. We often do not plan for a medical emergency and if one was to strike, it can put all other plans at risk due to the financial implications involved. Emergencies do not come announced and they can create havoc on both short and long term financial planning.

The cost of medical treatments in the country is increasing exponentially every year. There are several reasons behind this but the result is the patient suffers as many treatments have become unaffordable. Buying health insurance saves all this stress as the policy pays for all treatments and with the cashless facility available, there is also no need to have spare cash. Medical problems create a stress mentally bit the good part is that the financial stress is taken by the insurance company. With add on coverage and benefits, medical insurance also takes care of the health and helps to monitor and avoid a big problem. Life becomes simpler with a proper medical coverage for the family.

Buying health insurance is essential and something which should not be avoided. Life becomes less complicated and easier with a medical insurance policy. There are several aspects about a policy which should be considered before it is bought, and thus, comparing the available options is a good idea as this makes it simpler to but the best option available. A good health insurance policy is a boon in the present times and its importance should not be undermined.

read more
1 2
Page 1 of 2