Insights
Direct answers to common questions, drawn from our category pages.
What does a family floater plan actually share across the family?
One sum insured is available to any covered member in a given policy year, rather than each person holding a separate limit.
Read more →How is term insurance different from a savings-linked life policy?
Term insurance pays only on death within the term and carries no investment component, which is why it costs less for the same cover.
Read more →What’s the practical difference between a ULIP and an endowment plan?
A ULIP’s returns are linked to market-based fund performance and carry investment risk; an endowment plan typically offers a more predictable, insurer-declared return.
Read more →How many family members can one floater cover?
This depends on the plan — typically spouse, children, and sometimes dependent parents. Your advisor will confirm the eligible list.
Read more →Does home insurance cover the structure, the contents, or both?
It depends on the policy — some cover structure only, others bundle structure and contents, and some sell contents cover separately.
Read more →What’s the difference between third-party and comprehensive cover?
Third-party cover pays for damage or injury you cause to someone else and is legally mandatory. Comprehensive cover adds protection for your own vehicle.
Read more →Who is eligible under a group mediclaim policy?
Typically active employees of the enrolling organisation, as defined by the scheme rules.
Read more →Who is covered under a group personal accident policy?
Members of the enrolling group, as defined by the scheme — typically an employer’s workforce.
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