Benefits of 3 year Two Wheeler Insurance

Two wheelers are by far the most popular means of travel for the common man in India. They form nearly 70% of the traffic in our country and their popularity can be attributed to the fact that they are cheaper and more convenient compared to four wheelers. However, in order to be able to ride your two-wheeler in the country legally, it is a must to have a two wheeler insurance for your vehicle. As most insurance providers give out insurances for a year’s period, it is a bit of a pain to renew your insurance every single year.

The result of this is that most people tend to ignore their two wheeler insurance policy, and often get delayed when it comes to renewing motor insurance. This leads to them using their vehicles without an insurance for a certain period of time. In order to avoid this, insurance providers such as ICICI Lombard, Bharti AXA, etc. have started off with a scheme of long term two wheeler insurance in India. These long term schemes allow you to sign up for a two wheeler insurance for a period of two or even three years, and saves you from the hassle of approaching the insurance provider every single year.

In addition to this, there are a number of other advantages that come with a long term two wheeler insurance in India. As insurers will be able to cut down on the administrative costs of providing insurance, the benefits of this reduced costing will be directly transferred to the customer. They can now buy a three year cover of insurance at a significantly cheaper price compared to buying a single year policy on three different occasions. One can also buy an extended two wheeler insurance policy online. This will not just further reduce the cost of insurance, but will also allow customers to sign up for an insurance plan from the comforts of their home.

Secure Money in a Health Insurance Plan

We think of investing, purchasing our dream house, that piece of jewellery or purchasing a big car, but do we remember our health in the midst of this? Health insurance is one of the essential needs of today. With soaring medical expenses, there is an ever increasing requirement of sufficient funds.

 For most of the people, it is even difficult to meet the daily expenses. It is important to be practical and prepare for times that may be unwanted or sudden in nature. This is the reason health insurance is crucial to one’s life and therefore, the earlier one purchases it, the better it is.

What are the benefits of purchasing a health insurance plan? There are many besides it being tax saving in nature. For example, when a person falls ill and has to be hospitalised, the health insurance covers for the expenses incurred. This is the most urgent time when people may run out of money, however, with a health insurance plan, one does not have to worry. Besides, the insurance also takes care of his or her recovery expenses which is called as convalescence benefit. There are a few policies which may also cover for an extended stay at the hospital.

The other advantages for keeping your loved ones insured for health include attendant allowance. These are expenses covered for adults who may be looking after a child who is hospitalised. If there is a transplantation surgery, the insurance provider cover for the cost of the same. Besides, a few may cover for the expenses incurred by the donor of the organ. Some insurance providers also cover domiciliary treatment of the insured. With the occurrence of critical illnesses, there are insurance companies which provide lump sum for them as well. Aegon Life, Bajaj Allianz, and ICICI Lombard are some of the health insurance providers in India.

Must watch video on health insurance:

The Benefits of having a Credit Card

Credit cards are one of the most popular modes of payment. This card that is so easily swiped at any store has a number of advantages associated with it. When you use a credit card in a disciplined manner, you can avail of the best deals and offers. It is the simplest way of replacing funds anywhere you go. There are number of banks that offer credit cards in India such as Axis Bank, ICICI Bank, Yes Bank and many others. Take a look at the advantages and choose the bank which gives you the best offers on credit card.

Free of interest
Every bank issues a credit limit to the credit card holder. This is the maximum amount of money you can expend on your credit card. The statement for the credit card is generated every month along with the amount to be paid before the due date.
Tip: If you have paid the entire amount before the due date, you will not be charged interest on the same.

Signup Bonus
Most of the banks offer signup bonus on credit cards when the new card is approved. The benefits extended to the card holder can be in the form of travel miles, bonus points, cashback, or a free gift.
Tip: You must compare signup bonus offered to you by several banks. Here are the Best Credit Card Signup Bonus Offers of 2016

Credit History
One of the advantages of having a credit card is that it enables you to build your own credit history. The timelier your payments, the better will be your credit score. If you wish to apply for a loan, your credit history will be looked at by the respective bank in order to consider you as a loan applicant.
Tip: Pay your dues on time.

Cashback
Quickly becoming popular among credit card holders, cashback is something everyone wants to take advantage of. It is possible to earn it on every rupee that you spend. This can range from 0.25 per cent to 1 per cent, depending on the type of card you hold.Apart rom this there are many more offers on credit card
Tip: Check for the number of points you earn and the point value.

Check out this video below on how to apply for credit card