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Latest articles on Life Insurance, Non-life Insurance, Mutual Funds, Bonds, Small Saving Schemes and Personal Finance to help you make well-informed money decisions.

Non Life Insurance - Why insurance is necessary for Students?

11 Jan 2003

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Young people all over the world have similar options and priorities on their minds. Youth and its exuberance can never be replicated once time has passed. Yet, this is the time when life also seems very uncertain and almost ungainly in its flow. We tend to plan towards a specific goal. But mid-way we discover that we have lost interest and choose to make a lateral shift into an alternative stream. Since we are full of uncertainty and lack conviction in our actions, how can we expect life and its flow to be any different?

You might be going abroad, hoping to spend your vacation wandering and tasting the sights and sounds of a foreign country. A trip of a lifetime can be ruined by a gastronomic disaster and you might need emergency medical treatment. The disparity between currencies can be financially crippling. Does it not make sense to opt for an Overseas Medical Insurance policy?

Even if you plan to explore the sights and sounds of our own homeland, you can opt to insure your trip and baggage under a Travel Insurance (Suhana Safar) policy. For young people, the need for immediate and easily available mobility means that most own two wheelers or bicycles. Why not secure your trusted steed against risks? You can have a look at Motor Insurance policies or Pedal Cycle insurance policy perhaps.

Source: insuremagic.com BACK

SEBI registration no. : ARN-113510

Expiry : 3rd AUG 2025

IRDA license no. : IMF186644360120180192

Expiry : 24th JAN 2024

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