Everything you wanted to know about annuities
Please Retweet for greater awareness
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Annuities are a great way of securing a regular #income for #life.
They are popular among people who want to enjoy their retirement without financial stress.
But what are the different types of annuities and how do they work? Let's find out!
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Jun 27, 2023 • 10 tweets • 2 min read
The debate continues 🤦
#PPF vs #ELSS
A discussion with a client ended up in becoming a teaching class and I thought let's make this into a lesson for every on #Twitter #socialmedia.
The never ending debate of PPF vs ELSS 📊 🇮🇳
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🔍 PPF - Public Provident Fund is a government savings scheme that offers tax free returns to investors looking to build a retirement corpus or save for their children's education or any other long term financial goals.
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Jun 2, 2023 • 13 tweets • 5 min read
#Health#Insurance#India
Public sector general insurance companies in India are facing a huge challenge as they continue to lose market share in their #healthinsurance portfolio to private insurance Cos. Should you switch from a PSU to a Pvt Insurer
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According to #Statista Pvt insurers across India held around 49 % of the industry’s market share in FY 2021, compared to 36 % by public sector insurers. Standalone health insurers had a market share of around 8 % and specialized insurers had a market share of over 6 %
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May 18, 2023 • 14 tweets • 5 min read
This is borderline fraud by #Health and General #insurance companies in #India
The Misuse of "The Reasonable and Customary Clause" in #HealthInsurance
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We all know that health insurance is crucial, but a concerning trend has re-emerged post the pandemic in India. Insurance companies are back to misusing the "reasonable and customary clause" to reduce reimbursement claims, leaving ordinary people in a difficult situation.
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May 15, 2023 • 14 tweets • 5 min read
Looking for a 1 crore #Health#insurance cover?
A stand alone #Healthinsurance policy of 1 crore or a combination of a 10 lakh base + 90 lakh Super Top up policy, which one will you choose.
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The rising cost of healthcare and the need for adequate health insurance coverage, makes it extremely important to have a sufficiently large health insurance cover, to take care of any unforseen expenses due to hospitalisation or prolonged treatment of critical illnesses.
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May 8, 2023 • 12 tweets • 4 min read
Met the Branch head of a prominent stand alone #Health#insurance company. What he said is going to spoil the annual budget of middle class indians more so senior citizens.
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The discussion was on the sustained and lumpy increase in health insurance premiums in the past few years where senior citizens are now paying DOUBLE of what they were paying 3 years ago.
He gave the example of what's happening with costs negotiated with network hospitals.
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