Here, it's important to keep in mind that both Life Insurance and Health Insurance are specific parts of your financial portfolio that cover different types of financial risks.
In addition to that, you may be eligible for certain applicable tax benefits on your premiums and policy benefits. Note that all the tax benefits are subject to tax laws applicable at the time.
It's time to undertake financial planning to learn more about your requirements and make an informed decision towards your policy purchase.
You can click here to understand how much life or health insurance cover you need. It will hardly take 5 minutes. Remember, these 5 minutes you are spending now for benefits that will last a lifetime and beyond!
Most of us tend to confuse the third party liability only policy with the comprehensive motor policy. But you need to understand that there is a basic difference between these two.
The comprehensive vehicle insurance policy is a blend of third-party motor insurance and own damage cover. Therefore, the comprehensive policy offers coverage against damages to both your vehicle as well as the third-party liabilities.