What sort of insurance are you looking for?
Insurance refers to a mutual agreement or a policy that an individual purchases from an insurance company by paying premiums on yearly, monthly or quarterly basis to the insurance company. In return, the insurance company protects the buyer or the policyholder from any kind of loss or risk that may occur in the future.
Having an insurance plan not only keeps you protected, it also provides you with mental peace. Insurance is particularly important for senior citizens for whom these insurance policies can serve as a replacement for their income and help support themselves and their family members.
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Health Insurance
- Estimates reveal that a heart surgery performed today @ Rs 2 lakhs will cost over Rs 3.22 lakhs after 5 years. After 10 years it will be Rs 5.19 and Rs 8.35 lakhs after 15 years.
For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.
- Estimates reveal that a heart surgery performed today @ Rs 2 lakhs will cost over Rs 3.22 lakhs after 5 years. After 10 years it will be Rs 5.19 and Rs 8.35 lakhs after 15 years.
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