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Motor

Can I Get Car Insurance Without Having a Valid Driving License in India?

Mon, May 13, 2024 | 3 min read

Getting your driving license is one of the most exciting moments of your life. It is no less than an achievement and a reason to celebrate! Drive around alone at night with the windows rolled down and your favourite music playing, go on road trips with friends or simply enjoy comfortable conveyance to the workplace.

What is a Floater Policy in Motor Insurance?

Thu, April 25, 2024 | 3 min read

There was a 30% jump in the average budget for purchasing cars in India in 2022, as per a Mileage Report. The same year also saw an 81% surge in people purchasing their second car.

Does a Motor Insurance Policy Cover Damages Caused to My Car Due to Flooding?

Mon, April 22, 2024 | 3 min read

GK Chesterton had once written that he experienced “bitter envy” when London was flooded in his absence since the city looked like Venice. He even imagined gondolas moving elegantly through the London streets.


Health

What is the Meaning of Network and Non-Network Hospitals?

Thu, May 16, 2024 | 3 min read

The very thought of needing hospitalisation tends to cause anxiety even among those who are usually calm in the face of adversities. Added to this is the worry of skyrocketing medical costs.

How can NRIs get a GST Refund on Health Insurance Policies?

Tue, May 14, 2024 | 3 min read

As the world evolves and NRIs navigate the intricate tapestry of career progression and wealth creation, the spotlight turns to a pivotal aspect often overlooked – health insurance. In a landscape where healthcare costs can escalate in the blink of an eye, health insurance becomes not just a choice but a financial safety net.

What Documents Do I Need to Submit in Case of Cashless Hospitalisation in a Network Hospital?

Mon, May 13, 2024 | 3 min read

Ever needed to rush to an ATM or break an FD because of a medical emergency? Cashless hospitalisation allows you to get immediate medical assistance without having to scramble for funds. This is because your health insurance provider pays the hospital directly, allowing you to focus on getting better.


Life

What is a Lock-in Period?

Wednesday, May 1, 2024 | 3 min read

Did you know that insurance companies need to offer you a free look period? This is usually 30 days, during which you can reconsider the policy and return it for a complete refund. After this, comes the lock-in period.

How Does Smoking Impact Life Insurance Premiums in India?

Thursday, April 25, 2024 | 3 min read

Investing in a good life insurance policy has become an absolute necessity now and rightly so as it is the basic yet paramount tool for the financial security of your family. While investing in a life insurance policy, the provider requests detailed information about your lifestyle and health.

Insurance Premiums: Smokers vs Non-Smokers

Tuesday, April 23, 2024 | 3 min read

Do you know the differences in insurance premiums for smokers and non-smokers? How does smoking affect health insurance premiums?Smoking is a major cause of concern nowadays as it leads to many critical illnesses and premature deaths. In this quick guide, you will gain a crystal-clear answer to the life insurance difference between smokers and non-smokers.

Are Life Insurance Claims Taxable?

Monday, April 22, 2024 | 3 min read

Life insurance offers financial security to your loved ones in the form of death benefits to the nominee(s) in the event of the policyholder’s demise. Previously, policyholders could also enjoy tax benefits on the premiums they paid towards a life insurance policy, which added to the savings they accrued.

How Does Partial Withdrawal in ULIP Affect Your Investment and Life Cover

Monday, April 22, 2024 | 3 min read

ULIPs (Unit-linked insurance plans) offer two types of benefits. One is a life cover and the second is returns on investment.

About The Finpage

Finpage is an educational portal on insurance guidelines and generic details. A simple handbook for the common man, conceptualised to become a comprehensive source of genuine, understandable information.


Government Schemes

Karunya Health Scheme

Tue, May 14, 2024 | 2 min read

The Government of Kerala, India has implemented the Karunya Health Scheme, a health insurance scheme aimed at providing financial assistance for medical treatments to underprivileged families in the state. This scheme ensures that families with financial constraints can access quality healthcare services without facing excessive financial pressure during medical emergencies.

National Crop Insurance Programme (NCIP)

Tue, April 30, 2024 | 3 min read

Kisan Package Policy

Fri, April 26, 2024 | 3 min read


Others

Is Flood Insurance Replacement Cost or Actual Cash Value?

Wed, May 15, 2024 | 3 min read

Monsoon is a wonderful season, providing relief from the scorching heat. However, for several parts of the country, the rainy season brings with it the threat of floods and the risk of damage to our homes and belongings.

What is Third-Party Pet Insurance?

Fri, May 10, 2024 | 3 min read

Pet parents love their furry friends. As is mostly known, dogs are considered as man’s best friend.



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Term Life Insurance

What are the Conditions Under Which a Term Insurance Claim is Rejected?

Thu, January 11, 2024 | 3 min read

Term insurance offers financial security to your loved ones when you are no longer around. Many people choose term life insurance policies as they offer significant coverage with affordable premiums as well as tax benefits.

What Is Term Life Insurance?

Tue, December 12, 2023 | 3 min read



Domestic Travel

Optional Travel Insurance with IRCTC: Eligibility, Coverage, Benefits, Claims

Wed, May 8, 2024 | 3 min read

In the dynamic landscape of train travel, IRCTC's Optional Travel Insurance emerges as a valuable safeguard for e-ticket passengers. This comprehensive guide aims to unravel the intricacies of this insurance scheme, empowering travellers with detailed insights and figures to make informed decisions about their safety during train journeys.

How To Avail IRCTC Travel Insurance: Benefits, Types of Coverage, Claim Process

Mon, May 6, 2024 | 3 min read

Wondering how to avail IRCTC travel insurance policy? Passengers traversing the vast expanse of Indian Railways can avail themselves of the IRCTC travel insurance. Travel insurance benefits are only available when tickets are booked through the official IRCTC portal.


Pet Insurance

What is Third-Party Pet Insurance?

Fri, May 10, 2024 | 3 min read

Pet parents love their furry friends. As is mostly known, dogs are considered as man’s best friend.



Travel

Optional Travel Insurance with IRCTC: Eligibility, Coverage, Benefits, Claims

Wed, May 8, 2024

In the dynamic landscape of train travel, IRCTC's Optional Travel Insurance emerges as a valuable safeguard for e-ticket passengers. This comprehensive guide aims to unravel the intricacies of this insurance scheme, empowering travellers with detailed insights and figures to make informed decisions about their safety during train journeys.

3 min read

How To Avail IRCTC Travel Insurance: Benefits, Types of Coverage, Claim Process

Mon, May 6, 2024

Wondering how to avail IRCTC travel insurance policy? Passengers traversing the vast expanse of Indian Railways can avail themselves of the IRCTC travel insurance. Travel insurance benefits are only available when tickets are booked through the official IRCTC portal.

3 min read

Exploring IRCTC Travel Insurance: How Does It Work?

Mon, March 4, 2024

Curious to know how you can avail IRCTC travel insurance? Imagine you are on a train, exploring India's incredible scenery. The rhythmic sounds of the train and passing views are an adventure many enjoy every day.

3 min read

IRCTC Travel Insurance: What does it cover for Indian Railways Passengers?

Thu, January 11, 2024

Indian Railways is the nation's lifeline, connecting cities, towns, and villages across the vast subcontinent. With an extensive network, the railways offer a cost-effective and convenient mode of transportation for millions of passengers daily.

3 min read

What are the Parameters of Schengen Travel Insurance?

Thu, January 11, 2024

Planning a vacation abroad? Europe is one of the top-rated travel destinations in the world. A single day in Europe is synonymous with sight-seeing and savouring the dynamic nightlife, delicious cuisine, vibrant artworks, scenic natural beauty and unique cultural facets.

3 min read


Group Care

What is GPA for a Family?

Thu, May 9, 2024

Employees are a company’s most valuable asset. If your organisation has made increasing employee performance and retention a priority, a good way to achieve this is by offering a GPA (group personal accident) insurance.

3 min read

Does Group Health Insurance Provide Cashless Facility Across India?

Wed, May 8, 2024

A group health insurance policy provides coverage for your employees under a single plan. Employers can choose the policy terms as per the size and needs of their organisation.

3 min read

Group Accident Insurance Scheme for Active Fishermen

Mon, April 22, 2024

Fisheries and aquaculture are among the primary sources of employment and income in India. It is estimated that the fisheries sector provides livelihood to about 16 million fishermen and fish farmers and almost twice that number along the value chain.

3 min read

Is Group Travel Insurance Mandatory?

Fri, January 5, 2024

Did you know that more than 30 countries in the world have made it mandatory for travellers to buy travel insurance before visiting them? This is to ensure that travellers have protection in case of financial losses arising from possible medical emergencies or contingencies like loss of baggage, passport, and cancellation or delay of flights. Although travel insurance is not mandatory for all countries and is not mandatory in India, it is highly recommended for your peace of mind.

3 min read

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