You are all set to buy insurance policy for yourself or a loved one with the intension to protect them from any unseen uncertainty. For that perfect travel or medical insurance you need to carefully examine the pros and cons of every insurance provider. By looking out for some of the most basic yet highly essential aspects you can make the correct insurance choice. Below are a few questions you can ask insurance providers before you opt for their policy:
Things to consider before opting for a medical insurance
Things to consider before opting for travel insurance
Things to consider prior to opting for a student's travel insurance
Things to consider before opting for a personal accident insurance
Above mentioned are some basic pointers that you can consider before opting for the respective insurance policies. Many times, insurance buyers' neglect the minute details and concentrate solely on the premium amount. For instance if you travel frequently for official reasons abroad, then purchasing business travel insurance Plan would bring maximum benefits. There are many aspects like the risks covered under the policy, added benefits, income tax benefits etc that too need to be looked upon carefully. Looking out for the cheapest travel insurance or medical insurance is not the right criteria to be considered. Just like you buy the clothes that fit you well you need to treat your insurance policy. Comparing policies is not a tough task now as all of this is possible over the Internet. Buying insurance has become so simple that you do so with a few clicks over the Internet and even make the premium payments the same way. Just be sure you are opting to buy your policy from a trusted provider.
The needs of every individual are different and no two people may view a policy as the same. In this fast paced world where mishaps can occur at any given point of time there is the need to be well insured and there are no ways you would want to take chances in such a case.
Things to consider before opting for a medical insurance
- Does the insurance provider have an IRDA (Insurance Regulatory and Development Authority) certification?
- Does the mediclaim policy give you flexibility in choosing the doctor or hospital when the need arises?
- Is the EMI premium option interest free?
Things to consider before opting for travel insurance
- Does the travel insurance plan offer compensation for flight delays, cancellations, baggage-theft etc?
- Can you cover your family members under a single policy?
Things to consider prior to opting for a student's travel insurance
- Does the student insurance plan cover travel expenses in case of critical emergencies?
- Is loss or theft of personal belongings covered for?
Things to consider before opting for a personal accident insurance
- Does the policy provides protection only to its holder or extends it to the people injured as well?
- If you are frequent traveler does it cover injuries you might face when you are abroad?
Above mentioned are some basic pointers that you can consider before opting for the respective insurance policies. Many times, insurance buyers' neglect the minute details and concentrate solely on the premium amount. For instance if you travel frequently for official reasons abroad, then purchasing business travel insurance Plan would bring maximum benefits. There are many aspects like the risks covered under the policy, added benefits, income tax benefits etc that too need to be looked upon carefully. Looking out for the cheapest travel insurance or medical insurance is not the right criteria to be considered. Just like you buy the clothes that fit you well you need to treat your insurance policy. Comparing policies is not a tough task now as all of this is possible over the Internet. Buying insurance has become so simple that you do so with a few clicks over the Internet and even make the premium payments the same way. Just be sure you are opting to buy your policy from a trusted provider.
The needs of every individual are different and no two people may view a policy as the same. In this fast paced world where mishaps can occur at any given point of time there is the need to be well insured and there are no ways you would want to take chances in such a case.
