Insurance

Protect what matters. Skip the rest.

Honest, commission-free insurance guidance for Indian families. We don't sell policies — we help you understand what cover you actually need, compare IRDAI-licensed plans, and avoid the products that drain your wealth.

Types of Insurance

The six policies you'll be offered.

Each tagged honestly — what's essential, what's optional, and what's mostly a sales pitch. Pick what fits your life.

Personal Accident

For: bikers, frequent travellers

Covers death and disability from accidents. Often included in credit card benefits — check before buying separately.

Cover ₹25-50 lakh

Motor Insurance

For: vehicle owners

Third-party cover is legally mandatory. Comprehensive cover adds protection for your own vehicle — worth it for cars
under 10 years old.

Type Comprehensive

Home Insurance

For: home owners

Covers structure and contents against fire, theft, natural disasters. Cheap (₹200-500/month) but often forgotten until too late.

Premium ~0.05% of value

Health Insurance

For: everyone

Covers hospitalization, surgeries, and treatment costs. A family floater Of ? 10-25 lakh is the smartest middle-class
purchase.

Min cover ₹10lakh

Critical Illness

For: 35+ or with family history

Pays a lump sum if you're diagnosed with cancer, heart attack, stroke, etc. Useful as a top-up to health insurance,
not a replacement.

Cover ₹26-50 lakh

Term Life Insurance

For: working adults with dependents

Pure protection. If you die during the policy term, your family gets the sum assured. No maturity benefit, no frills, no waste.

Cover 10-15* salary

Buyer Beware

Three traps that cost Indians lakhs.

The pitches you'll hear most often — and why a mathematically literate investor should walk away.

Your premium comes back at maturity.

Endowment plans return your premium after 20-25 years — but only at 4-5% IRR. The same money in an index fund + term plan typically beats it by 4× or more.

Avoid. Take pure term + invest the difference in a mutual fund instead.

This ULIP gives insurance + market returns.

ULIPs have multiple hidden charges — premium allocation (5-10%), mortality, fund management — that eat into returns for the first 5 years. The "market exposure" you get is dwarfed by costs.

Mostly avoid. Direct mutual funds + term plan delivers more, transparently.

Take corporate health cover. It's enough.

Your employer's group health cover ends the day you leave the job — usually when you're older, possibly sick, and uninsurable. Always own a personal health policy alongside.

Buy your own. Treat corporate cover as a bonus, never a substitute.

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