ET Wealth Reader's Query: I am 38, a salaried professional earning Rs 22 lakh annually. My family includes a spouse and a 5-year-old child....

Parents buy maternity cover for delivery, but the bigger financial risk is complications after birth.

When insuring senior parents, adding them to a family floater plan can significantly increase premiums due to the eldest member's age. You ...

Choosing between family floater and individual health insurance plans involves weighing shared coverage against dedicated protection. While...

As Corona Kavach policies have a maximum sum insured, most people were buying it as an individual cover and not family floater (as only one...

"Several insurers offer a no claim bonus that increases the sum assured each year, if you do not make a claim. In fact, insurers can allow ...

If you have a family history or if one member has an adverse health condition, buying individual health cover will help in the long run.

The goals for the couple includes saving for contingencies, child’s education and wedding, retirement, buying a house and a car.

The premium for family floater is based on the age of the oldest member. Hence, including elderly parents in the floater plan will mean pay...

If you are above 70 years of age, choose a plan with minimal waiting period that don't have disease-wise claim capping, says expert.

The health insurance industry is seeing potential policy buyers opting for higher sum assured than they used to a year back.

These policies allow the customer to buy a cover with a single 'floating' sum insured for, rather than buying individual covers for a famil...

You now have a third option of buying a health insurance plan that will cover not only your parents, but also in-laws, siblings and even co...

Such an insurance plan is a good option when family is young, but it may not prove cost-efficient if there is an older person or grown up k...

The need for health insurance is unquestionable in view of the rising incidences of health issues and spiralling medical inflation.

An individual plan covers only the policyholder, whereasafamilyfloatercoversthe entire family, usually comprising self, spouse and two depe...

You can go without a life cover. Provided you don’t have anyone financially dependent on you. However, there is no excuse for not having a ...