- Always keep Insurance and Investment separate. Insurance with investment is a very expensive option.
- Always take “Term Insurance”. Its very cheap and serves the purpose.
- Always buy online. It is 40% cheaper. Yes 40% cheaper with no gaps.
- Don’t be afraid of medical checkups.Its for your own benefit.
- Always take medical insurance. Irrespective if your company provides you full benefits:
- Helps during transitioning between jobs.
- After your retirement, all companies shy away from issuing policy and it comes at a huge premium and with lot of riders. Do it now and continue.
- You would get an intimation from your car insurance company and you will promptly call your friendly neighborhood broker and give him a cheque:
- Don’t do that!
- Go to insurance company website.Register yourself and get an invoice. Behold, on net the premium goes down by 20-25%. Yes try it, its true. Your friend was earlier making the 25% commission.
- Better call up their call centre. They will give you a discount code and you could shave off an extra 5%.
So just do some research and save big time. Its your money.