Health Insurance Plans

Health Insurance Plans

Why Should One Buy A Health Insurance Program?

Cost for medical care is high and medical emergencies does not come announced in advance. The cost of doctor fee, surgeries, room rent, medicines, Ambulance charges, post hospitalization expenses can drain a substantial amount of money from your reserve.

We plan and save money for certain expenses in future, such as children education/Marriage, house purchase, Retirement income, car purchase, Vacations, Investments and other savings. When not insured against medical expenses, the money reserved for other purposes get spent, thereby disturbing your financial planning. In some cases it can be so devastating one becomes downright poor due to a sudden illness or a surgery.

Life changing health issues such as cancer, Heart ailment, stroke, kidney problems, diabetes-induced ailments, Paralysis (partial) can have much higher cost for treatment and rehabilitation.

Money is the most important issue when health issues come knocking.

Today, you can have the best medical care, but only if you can afford to,

So, Which one would you rather prefer?

Spending and depleting your own money? (or) Get the Insurance company pays for it?

MAX BUPA Is A Leading Health Insurance Provider In India Which Offers The Most Comprehensive Cover To Everyone From Age 0 To 99.

MAX, the Indian business house which is in business with Life Insurance, Hospitals, clinical research and senior citizen living facilities is pioneering health Insurance which is at par with the best of the world standards.

BUPA (British United Providend association) is the gold standard when it comes to health insurance and present in 190 countries since 1947.

Here Are Some Good Reasons For You To Choose Max Bupa As Your Health Insurance Partner:

• Talk directly to Us – NO TPA

• Cashless Facility at Quality Hospitals – Even in Non-Network Hospitals there is NO Co-Payment

• Assured Renewability for Life

• Maternity & Child Care Benefits

• No Age Restriction for Enrolment

• Responsible Enrollment

• More Comprehensive Coverage – NO separate Exclusion list for the 1st Year & 2nd Year below age 60. Above 60 year 2 year exclusion applicable

• Proactive Health Relationship & Management Benefits

• High-Quality Service

• Tax Savings

Programs To Choose

  1. HHeartbeat– Silver
  2. Heartbeat – Gold
  3. Heartbeat – Platinum
  4. Health Companion Variant 1, 2 & 3
  5. Health Assurance – (Critical illness & Personal accident policy)

The above programs can be bought as either

  • Individual program
  • Family floater (A common sum insured for all family members)
  • Family first (Individual sum insured+Floater sum insured)

The health insurance can be purchased up to 19 relationships in a family with individual sum insured and floater sum insured. The programs can be purchased by any type of business for its employees and avail tax deductions

To know which program is suitable for you and your family and get a quotation please write to me or call me at:

mailramji@gmail.com, ramji@ramjiraghavan.com

Mob:   9383350648

Attention NRI friends!

Attention NRI friends!

Here is an opportunity to build your “Retirement Income” back in India while you are working hard abroad. Create that “safety net” without delay…

 

If you are above the age of 35 please read below.

 

Are you looking for a “Guaranteed” Lifelong income? Do you want to ensure your spouse gets a “Guaranteed” income after your life time? ICICI PRUDENTIAL presents “Easy Retirement”. A unit linked retirement plan with a ‘Capital Guarantee” with equity participation. (Avg. return for the past 10 years 13%)
short funding period of 5 years available.

 

No medical examinations required. No cumbersome paper work. Minimum premium of just Rs.50, 000 and above. 10 lakhs per year and above enjoys complete waiver of admin charges. Guaranteed “pension boosters” of 5% of fund value every 5 years from 10th year.

 

Get a presentation exclusively for your requirement in email. Just send a mail or message in FB with your date of birth and an approx. amount you want to invest every year for 5 years. (Indicate if spouse benefit is required).

 

Life Insurance is the only instrument which passes the test of “Protection, Creation, and Distribution.

 

 

KNOW WHAT IS INSURANCE

KNOW WHAT IS INSURANCE

What is life insurance?

 

Life insurance ensures that your family will receive financial support in your absence.

Put simply, life insurance provides your family with a sum of money should something happen to you.

* It protects your family from financial crisis.

* In addition to serving as a protective cover, life insurance acts as a flexible money-saving  scheme, which empowers you to accumulate wealth-to buy a new car, get your children married and even retire comfortably.

* Life insurance also triples up as an ideal tax- scheme saving.

 

 

KNOW WHAT IS INSURANCE

It is just a capital transfer……

The greatest reluctance comes when we are asked to take a decision to buy into a financial plan.

It is multiplied when the plan is one of life insurance or deferred annuity. Procrastination is a result of this reluctance. Why are we reluctant to buy such plans despite knowing that they are wonderful financial packages?

The answer lies in knowing how we view the proposal. When presented with an option of either a life insurance policy or a deferred annuity, we look at it as a “Purchase”. Purchase is related to “Paying” which means money going out of your pocket. The mind immediately correlates these and the natural conditioning of our brain tells us to be “cautious” and thus the reluctance and procrastination.

Financial decisions, especially the good ones can be taken only if we consciously over rule the natural tendencies which are programmed into us. The answer then is to look at these financial plans such as life insurance and deferred annuities not as “Purchase” but as “just a capital transfer”.

What does it mean?

It means, the actual act you are doing is shifting your already existing money from one place to the other. For Ex. You may keep money in your savings bank or a fixed deposit, or a chit fund or a mutual fund. By opting for a life insurance plan or a deferred annuity all that happens is the money lying in those instruments mentioned above is getting transferred and that’s about it. You are not “Paying” and your cash is not “Outgoing”. The cash is intact but in a different place.

When the transfer is justified for a substantial future benefit then you might just as well do it as time is of essence.

“Nobody ever in known history have become poor or felt bad for having a life insurance policy with a large savings accruing or a deferred annuity building a “huge” corpus awaiting to pay you an income till your life and beyond.” It becomes even better when the huge cheque of maturity benefit comes your way or a monthly income cheque from your annuity.“Remember, your biggest single income can come from only either by way of sale of a property, or a life insurance maturity.” Well, lottery is another thing.. but you know, one has to get really lucky for that.

Capital transfer helps to work our money in a better way if we change our view on life insurance and deferred annuities as capital transfers and not as a purchase.

If you have put off any decisions for capital transfers, please go ahead and do it right away..

After all… it’s just a capital transfer.

MWPA Act 1874

MWPA Act 1874

Married women property Act 1874 protects wealth for wife and children and A life insurance policy endorsed while buying it, will not form part of one’s estate thus escapes any attachments. A must for every business owner. A large cash asset can be protected under the MWPA trust. For more information, please contact.

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