ASK

Can a health insurance company deny cover to the insured when he is older?

Once a policy is granted, usually, no insurer withdraws the policy unless there is a break in continuity

ASK

Do the insurers only pay for damages and not replacements under home insurance?

Your claim falls under the head of fire and allied perils, which is subject to a few exclusions

ASK

I plan to get my car fitted with a CNG kit, should I share this with my insurer?

It is necessary to mention the existence of CNG kit while getting the insurance of your car

ASK

How I can achieve Rs 12 lakh as savings after four years for my marriage?

Being a first time investor, you could consider investing in funds from the OLM Elite list

ASK

Will the insurer cover the damages if the owner himself was not driving the car?

The procedure would be similar to how you would raise a claim if you had met with an accident

ASK

How can I use my assets to tide over the financial implications of treatment?

The sale of real estate will no doubt create the much needed financial cushion

ASK

Why funds in the same investor profile of OLM Elite have different benchmarks?

Every fund has a benchmark index, which is passive against which the fund performance can be gauged

ASK

Is it ideal to recover the repair cost from one who banged his car into mine?

It would be ideal to recover the loss from the defaulting car owner

ASK

How can I accumulate Rs 20 lakh for my child’s education in 7 years?

It is a good start to have clear financial goals to invest appropriately in them

ASK

What should I do now if my three year lock-in with Axis Long Term is over?

If you are not in need of the money, you should stay invested in this fund for longer