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Tips to Buy Health Insurance in India (Apr 2020)

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Why buy Health Insurance? ·         Financial security against large unforeseen medical expenses ·         Medical costs rising at ~17% per annum, way higher than salary growth & economy Types of Health Insurance: ·        Classification 1: o    Indemnity Plans – Reimburse the hospital expenses. Eg – Mediclaim, family floater plans o    Defined benefit Plans – Pay a lump sum irrespective of the actual hospital expense. Generally pre-defined. Eg- Critical illness Plan ·        Classification 2: o    Individual – Best for extensive coverage for an individual, Protects other members, o    Family Floater – One sum distributed amongst all insurers, One premium, One policy for all, More affordable than sum of individual premiums, Preimum dependent on age of eldest member, Tax benefits under 80...
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Trip to Andaman in March 2020

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Andaman  We visited Andaman in Mar 2020. Just before CoronaVirus Pandemic hit India. Group of 8 (Mixed). Arrival at Port Blair (Veer Savarkar Airport). Cheap flights from Bangalore/Chennai/Kolkata Andaman has a strong influence of Bengal as many people speak Bengali and the food tastes are similar to that in Bengal Alcohol is available in Govt Approved Shops (ANIIDCO). Check timings as these are not open for all day. Present in all 3 islands (Port Blair, Neil, Havelock), Cheaper than mainland with limited availability. Beer availability is very skewed and very expensive in restaurants (~3.5x) Cellular connectivity is poor almost everywhere. Don’t expect good internet. Preferred Networks BSNL & Airtel. Government Ferries for travel between islands is cheaper but limited ( Roughly 400-500 bucks). Decent ship with deck, AC, need to be bought in advance from the Govt Counter. (Used for Port Blair to Neil & Neil to ...
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