Articles Tagged: family floater

A child life insurance plan is essentially an investment plan

Published in Mint on JUN 21 2016, Written by Abhishek Bondia What is the cost of a living rider in a life insurance policy? —Kanishk Mahapatra There are two types of cost of living riders. One is a benefit to account for inflation and the need to replace higher income. Several life insurance products factor […]

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In insurance parlance, burglary and theft are not the same

 Published in Mint on, December 24 2013, Written by Kapil Mehta Which is better—an individual policy or a family floater plan and why? —Amit Family floater plans are best if both spouses have almost similar age and are in good health. Typically, family floater insurance is priced based on the eldest person’s age. If other members […]

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