At higher ages, one should opt for high sum assured amounts

Published in Mint on Sep 06 2016, Written by Abhishek Bondia I am 50 years old. I want to buy a suitable mediclaim policy. Please advise. —Surendra Khemka You could refer to the Mint SecureNow Mediclaim Ratings (www.livemint.com/mediratings) for a suitable plan as per your age. The rating is a comprehensive evaluation that considers factors […]

Read More

Term plan’s sum assured must be at least 10 times annual income

Published in Mint on JUL 05 2016, Written by Abhishek Bondia What are the main things to check when selecting a life insurance policy? I am 31 years old and married. —Rajneesh Sharma The two most important factors to consider in a life insurance policy are the insurer’s claim settlement track record and the sum […]

Read More