Make every day WORLD NO TOBACCO DAY

The world no tobacco day is being observed in the country aiming to sensitive people about the bad effects of tobacco use.

Tobacco use is the single most preventable cause of death and is currently responsible for killing one in 10 adults worldwide, according to World Health Organization.

Ban tobacco advertising, promotion and sponsorship is the theme of this year’s World No Tobacco Day.   

Quitting addiction of tobacco products is not easy, but you can do it. If you're ready to quit tobacco consumption right now, go ahead. Medicines and support of loved ones can help you stay on track.

www.bajajcapitalinsurance.com    

Best health insurance plan for senior citizens in India

Health insurance plans for senior citizens is very important because of the lack of quality care at busy hospitals. Insurance policies, in general, act as a shield against risks and unforeseen circumstances. Health Insurance Plans for senior citizens in India are provided by number of insurance providers; hence you have to take a smart decision while selecting the mediclaim plan.

With the advancement of the medical science almost any illness can be cured but high cost of the medical treatment can be tough to afford. Increasing cost of the medical expenses can impose a financial burden on anyone especially in the old age. So make sure choose the right health insurance plan that met all your needs.

Following are the some important aspects that need to check before buying Senior Citizen Health Insurance Plan:

Entry Age- Entry age for senior citizen health insurance plan is 60 to 80 years. However the entry age may vary company to company or policy to policy.

Pre Existing Disease coverage- One of the most important aspect of the any health insurance plan is pre existing disease coverage. In case of senior citizen most of the insurance providers offer cover for treating a pre existing critical illness with respect to some terms and conditions. So it’s necessary to check the kind of coverage that insurer offers.

Premium Amount- Generally people think senior citizen health insurance plans are expensive and if a person looking for a pre existing condition than insurer will charge extra premium. But there are always options in the market. Bajaj Capital Insurance provides you the facility to compare and choose the best offer which helps you in buying the health insurance policy in affordable premium cost with maximum benefits.

Renewal Age- Generally the health insurance renewal age for senior citizens is 90 years, however it may vary from insurer to insurer.

Sum Assured-Sum assured and Sum Insured are completely two different thing. Sum Assured is pre-defined benefit that insurance company pays to the policyholder in the insured event. A Sum Insured is maximum limit of liability of insurance company. Feel the difference before buying the insurance policy.

There are varieties of Health Insurance Products design to meet your insurance needs. Compare and choose the best health insurance plan for senio

r citizens offered by leading insurers in India..

Insurer	New India	National Insurance	Star Health	United India	Bajaj Allianz
Plan Name/Features	Senior Citizens	VARISTHA Mediclaim for Senior Citizens	Senior Citizen Red Carpet	Health Insurance Policy – Senior Citizen	Silver Health – Health cover for Seniors
Ambulance Charges	Covered	Up to Rs.1000	Rs.600 per hospitalization (max Rs.1200) per policy period.	Covered *	Up to Rs.1000
Cashless Benefit	In network hospitals	In network hospitals	In network hospitals	In network hospitals	In network hospitals
Cataract Treatment	After 18 months	After 1 year	After 2 years Cataract (both eyes included), up to Rs.15,000/-	After 2 years up to 25% of Sum Insured	After 1 year
Domiciliary Hospitalization	Not covered	Covered	Not covered	Covered	Covered
Free Health check up	Up to 1% After 4 years	Up to 2% After 3 years	Not covered	Up to 1% After 3 years	After 4 year
Joint Replacement	After 4 years	After 1 year	After 2 years	After 4 years up to 70% of Sum Insured	After 4 years
Pre-Existing Disease Cover	After 18 months	After 1 year	covered from first year*	After 4 years	After 1 year
Room Rent	1% of Sum Insured ICU 2% of Sum Insured	1% of Sum Insured ICU 2% of Sum Insured	1% of sum insured (Max. Rs. 4,000/- per day) ICU 2% of sum insured per day	1% of Sum Insured ICU 2% of Sum Insured	Covered
Tax Benefit	Covered	Covered	Covered	Covered	Covered
Sum Insured 1 Lac/ Age 63 yrs	4326	4697	5000	5056	8056

Bajaj Capital Insurance is here to help you for your insurance related needs. BCIBL offers you a comprehensive online health insurance platform to compare and buy the best policy as per your insurance need. You can call on our toll free 1860-266-1226 for any insurance related assistance or you can write us at info@bajajcapitalinsurance.com. We also help you in claim assistance process. 

ACTION:-India Annual Tax Refund Notification Alert 2013

   Dear Valued Taxpayer, If you receive email with   subject "ACTION:- India Annual Tax Refund Notification Alert 2013" or "ACTION REQUIRED: INDIA TAX REFUND ALERT:- APPLY URGENTLY" then don't be hurry to click the link given in mail and get your refund.







It's not authentic email address of Income tax department of india. it's phishing attack to your email address. Once you click on this

Unit Linked Insurance Policies

:

Image Source: moneymint.in

ULIP is a life insurance policy which provides dual benefits, risk cover and investment. A unit Linked Policy is generally borne by the investor. Most insurers offer a wide range of funds to suit one's investment objectives, risk profile and time horizons. Different funds may have different risk profiles. Unit Link insurance plans allow for the coverage of insurance plan with the option to invest in qualified investments such as:

·         Equity Funds: Mutual fund that principally invests in stock is known as the equity funds.  Equity funds also known as the stock funds. Some stock funds target specified market like health care, real estate etc know as the “specialty stock funds”.  This risk factor associated with equity funds is high.

·         Income, Fixed interest and Bond Funds:  Investment in corporate bonds, government securities and other fixed income securities. Fixed income investments generally pay a return on a fixed schedule.  In this kind of ULIP risk is lowest.  People invest heavily in fixed income bonds because of the reliable return.

·         Cash Funds: Also known as money market funds- investment in bank deposits, cash and money market instruments. Cash funds are the open ended mutual funds that invest in short term debt securities. Cash funds may be wise option if you are planning to retire in the next few years.

·         Balanced Funds: Combination of equity funds and fixed interest is known as the balanced funds. Generally these hybrid funds geared towards investors who are looking for a mixture of safety and income.

Investment returns in ULIP plans may not be guaranteed, the investment risk in investment is borne by the policy holder.

ULIP plans have some unique features like flexibility, transparency, liquidity etc and are the most discussed about investment options in India. On what bases you should decide which plans suited you better? Every insurer has some different offerings and each and every plan has a number of details that need to be reviewed before buying any policy. 

Bajaj Capital Insurance is here to provide best available options in the market. If you have questions about ULIP plans, we will happy to help you. Just call us on 1860-266-1226 or write us an email at info@bajajcapitalinsurance.com