insurance
All editorial pieces filed under insurance. 0 quick takes · 2 notes · 5 deep dives.
Premium Mode — Annual vs Monthly vs Quarterly Insurance Premium Payment
Premium mode is the frequency of insurance premium payment — annual, semi-annual, quarterly, or monthly. Non-annual modes carry modal loadings (insurers charge
No-Claim Bonus (NCB) — Health Insurance Reward for Claim-Free Years
No-Claim Bonus (NCB) in health insurance is an increase in sum insured awarded for each claim-free policy year, at no additional premium. IRDAI mandates NCB dis
IRDAI — Insurance Regulatory and Development Authority of India
IRDAI (Insurance Regulatory and Development Authority of India) is the statutory regulator for the Indian insurance sector, established under the IRDAI Act 1999
Insurance Riders — Add-On Benefits on Base Policies
Insurance riders are optional add-on benefits attached to a base life or health insurance policy for additional premium. Common riders include accidental death
Critical Illness Cover — Lump-Sum Diagnosis Benefit
Critical illness insurance pays a predefined lump sum on diagnosis of a listed condition (cancer, heart attack, stroke, etc.) — not a reimbursement of actual ex
Health Insurance — Hospitalisation Cover in India
Health insurance (mediclaim) reimburses hospitalisation and medical expenses. Governed by IRDAI Health Insurance Regulations 2016. Available as individual, fami
ULIP vs Mutual Fund — Comparison Framework
A structured factual comparison of ULIP (IRDAI-regulated) and mutual funds (SEBI-regulated) across charges, lock-in periods, tax treatment, and transparency — h