Module 14

Personal Finance - Insurance

  • 1. Introduction

    1.1 – Overview This chapter is authored by Shrehith from Ditto. Most people in this country live on a tight budget. They don’t have a large savings corpus. They don’t have an emergency fund. ..

  • 2. Perverse Incentives

    2.1 – Filling the application right This chapter is authored by Shrehith from Ditto. A few months ago, a young chap came to us seeking help — completely distraught after his rejected claim ..

  • 3. The nudge

    3.1 – Understanding protection, cover amount and premiums This chapter is authored by Shrehith from Ditto. An average human spends about 8 hours of his day sleeping. About an hour each day eatin ..

  • 4. Skin in the game

    4.1 – Understanding co-payment and room rent restrictions This chapter is authored by Shrehith from Ditto. Skin in the game — It’s an idea propounded by many people, but none more so tha ..

  • 5. Dunning Kruger effect

    5.1 – Understanding medical declarations, pre-existing diseases and loading charge This chapter is authored by Shrehith from Ditto. The Dunning–Kruger effect is a hypothetical cognitive bias t ..

  • 6. A mighty defence

    6.1 – Understanding specific illnesses, permanent exclusions, disease-wise sub-limits and blacklists This chapter is authored by Shrehith from Ditto. While some people have little faith in their ..

  • 7. No free lunch

    7.1 – Understanding Discounts, Family Floaters, Group Plans, Employee Insurance policies This chapter is authored by Shrehith from Ditto. Everybody likes a good discount.  Are you looking for a ..

  • 8. Gimmick or not (Part 1)

    8.1 – Understanding the gimmicks of Insurance This chapter is authored by Shrehith from Ditto. Insurance is a cutthroat enterprise. Everybody is trying to outcompete each other. It’s all-out w ..

  • 9. Gimmick or not (Part 2)

    9.1 – Consumables This chapter is authored by Shrehith from Ditto. Here’s the thing — When you parse through a hospital bill, you’ll almost always see line items that are a bit dubious ..