Education hub
Learn Insurance the Varsity Way
Long-form guides to make you a smart policyholder — not a confused buyer. Start with the article that matches your current question, or browse the full curriculum below.
Health
Family floater, claims, waiting periods, porting.
Life
Term insurance, nominee, riders, sum assured.
Product Explainers
Neutral explainers of endowment, ULIP, return-of-premium, money-back, and child plans — what they are and how they work.
Motor
Comprehensive vs TP, IDV, NCB, claim mechanics.
Tax
Section 80D, 80C, 10(10D), new vs old regime.
Health
- What is health insurance in India?
Family floater, waiting periods, sub-limits, co-pay — the complete beginner guide.
- Family floater vs individual health insurance
Structural pros and cons, and when a hybrid approach protects your family better.
- Pre-existing disease coverage: waiting periods, exclusions, port-inComing soon
How IRDAI caps the PED waiting period and how to protect continuity when you switch insurers.
- Cashless vs reimbursement: which to prefer?
How each process works, timelines, and the hidden gotchas at claim time.
- Room rent limits: the hidden gotcha that can cost you lakhs
Why the proportional deduction clause matters far more than the daily cap itself.
- Super top-up health insurance explained
The most cost-efficient way to scale cover when medical costs keep rising.
- Health insurance for parents (senior citizen cover)Coming soon
Specialised senior-citizen plans, co-pay, and separate-vs-shared structuring.
- Porting your health insurance — step by step
IRDAI-regulated portability, the 45-day rule, and how to preserve waiting-period credits.
Life
- What is term insurance (and why it is the only life cover you usually need)
Pure protection, no maturity benefit — the arithmetic that makes term the default for earners with dependents.
- How much term cover do you actually need?
Human Life Value, expense replacement method, and sizing for liabilities.
- Term insurance riders explained
Critical illness, accidental death, waiver of premium — and when a standalone policy is cheaper.
- Term insurance claim process — what happens when you file
The documents, the timelines, and why Section 45 usually protects the nominee after three years.
- The best age to buy term insurance (with real math)
Why premiums rise sharply after 35 and what waiting one year costs you across a 30-year policy.
Product Explainers
- What is an endowment insurance plan?Coming soon
Sum assured, bonus mechanics, maturity benefit, and how to evaluate an endowment policy against your own goals.
- What is a ULIP?Coming soon
Premium allocation, mortality and fund-management charges, lock-in, NAV, and tax treatment — a neutral explainer.
- What is a return-of-premium term plan?Coming soon
How the rider works, the premium loading involved, and how to evaluate fit against your own cash-flow goals.
- What is a money-back policy?Coming soon
Survival-benefit mechanics, premium structure, bonus accrual, and maturity payout under illustrated scenarios.
- What is a child insurance plan?Coming soon
Structure, waiver-of-premium rider, pay-out milestones, and how to evaluate alongside standalone alternatives.
Motor
- Comprehensive vs third-party motor insurance
What you are legally required to have versus what you actually need in Indian conditions.
- IDV explained — why the insured declared value matters at claim time
The IRDAI depreciation schedule, and why stretching IDV rarely translates to higher payouts.
- No Claim Bonus guide: accrual, transfer, protection
The 20 / 25 / 35 / 45 / 50 percent ladder, and when to pay out of pocket instead of claiming.
- How to file a motor insurance claim — step by step
Intimation, surveyor, FIR, cashless vs reimbursement, and timelines.
Tax
- Section 80D health insurance deduction
Limits, self / parents / senior citizens, preventive-health checkup, and new vs old regime.
- Section 80C and life insurance
What qualifies, the ₹1.5 lakh basket, and Section 80C alternatives.
- Section 10(10D) — when insurance payouts are tax-free
The pre-2023 rule, the April 2023 ₹5 lakh aggregate-premium threshold, and what still qualifies.
Looking for a term you do not see here? Our glossary has 25+ plain-English definitions and is growing to 500+. Or try one of our educational calculators to put a number on your situation.