Q&A :Insurance

ER Physician did not bill health insurance

This is a little more than just the ER Physician not billing insurance. I ran my credit report in June and realized that a collection agency has a bill on there from...

Query about Personal Accident cover

I work in a MNC in India. I have a query about Personal Accident cover. I read in a ET article as ‘cheap and essential’. When I asked around about this with...

Why do people buy insurance even if they have the means to overcome the loss?

Insurance companies are businesses and their goal is to make money. It follows that if you are neither lucky nor unlucky, you will end up in the long run losing money by...

What is the Difference between Life Insurance and ULIP?

I have invested in a ULIP insurance plan. My premium term is 5 years lock-in period and the premium will be deducted from taxable income under 80C section. For example...

Is it possible to get insurance for my investments?

Would like to know whether it is possible to get insurance for my investments?. I am looking for insurance against defaults on investments in corporate fixed deposits...

Child Insurance Policy-if proposer is missing

I have taken an insurance policy for my son, which is having premium waiver rider in case of my death or disability…Just wants to know what will happen..if I along...

Insuring a girlfriend's motorcycle

My girlfriend has a motorcycle that she bought a few months ago with a loan (she put down $2k and now her payments are ~$82 a month). A few months later, she realized...

Insurance coverage for a difficult to find vehicle

How will a claim and potential lawsuit go for a vehicle which is only booked on Nada at $17k high retail, but would cost $25k – $35k or more to find a replacement...

Personal health insurance vs. Employees group insurance

I am having a dilemma on what action I should take with regards to my insurance plans. I am working for a company which provides employee group insurance (group plan) as...

How can life insurance possibly work as investment?

Every here and there I hear about the following investment option: There’s an insurance company that is willing to take my money and hold it for some very long...