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Your Health Insurance will either pay (a fixed share) of your hospital bills directly if opted for the cashless facility, or it will reimburse (a fixed share) any payment you make towards medical expenses incurred due to an illness or injury.

A Health Insurance policy acts as a financial shield that protects you and your family during medical emergencies. It comes with several benefits, such as paying your medical bills, including pre and post-hospitalization expenses, protecting your savings, and getting tax benefits while helping you manage the rising medical costs during emergencies.

User only requires Basic KYC documents or KYC number in case KYC is verified.

Third Party Liability insurance is mandatory for all vehicles plying on public roads in India. This covers Liability for injuries and damages to others that you are responsible for. In addition, it is prudent to cover loss or damages to the vehicle itself by way of Comprehensive/Package policy, which covers both "Liability" as well as "Own damage" to the insured vehicle. Liability Only cover is also known as Act Only cover.

Deductible or "excess" is the amount over and above, which the claim will be payable. There is a normal standard/compulsory excess for most vehicles ranging from Rs 50 for two-wheelers to Rs 500 for Private Cars and Commercial Vehicles which increases depending upon the cubic capacity/carrying capacity of the vehicle. However, in some cases the insurer may impose additional excess depending upon the age of the vehicle or if there is high frequency of claims.

Generally, the following documents are required to be submitted. However, read through your policy to see the complete list—duly filled in claim form, RC copy of the vehicle, Original estimate of loss, Original repair invoice and payment receipt. In case cashless facility is availed, only repair invoice would need to be submitted and FIR, if required. For theft claims, the keys are to be submitted. Theft claims would also require non-traceable certificate to be submitted.

Life Insurance is a contract between an insured person and a life insurance company, which provides him a pre-determined amount at the end of a specified term or to his beneficiary (nominated person) with a pre-determined amount in case of his death during the contract term. Life insurance is must if you are the main earning member of your family. In case of your unfortunate premature demise, your family can remain financially secure because of the life insurance policy that you have purchased. Today, life insurance also helps you to plan effectively for your future years, your retirement, and your family’s future needs.

Deduction is available under Section 80C of Income Tax Act, 1961 for the premium paid (max. up to 20% of sum assured) on life insurance policies with a maximum annual ceiling of Rs.1,00,000 , irrespective of the Gross Total Income. Please note: this is applicable if you opt for the old regime of taxation.