📄 Article
✓ Link checked
India
Free
Beginner
Why we picked it
This is the exact playbook for the moment your employer cover vanishes: it sizes a family floater at 10 to 25 lakh plus a super top-up, spells out that pre-existing waiting periods run up to 36 months by regulation (which is why you buy while still employed and healthy), and gives a 10-point selection checklist built for someone with no corporate backup. Written by advisors who sell no policy of their own.
From
Ditto Insurance (joinditto.in)
by Ditto Insurance
18 min read
- Anchor on a 10 to 25 lakh base floater and layer a super top-up for the rare big claim, rather than one giant expensive base
- Pre-existing-disease waiting periods run up to 36 months by regulation, so the earlier and healthier you buy, the sooner you are actually covered
- A self-employed founder should weigh no room-rent cap, unlimited restoration, and a strong pan-India cashless network, because there is no HR desk to fix a rejected claim
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joinditto.in →
📄 Article
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India
Free
Intermediate
Why we picked it
Freefincal is fee-only, sells no insurance, and says the quiet part out loud: the day your job goes, so does your corporate cover, and an insurer can decline you later if your health has slipped. It hands you a named base-plus-super-top-up shortlist (Niva Bupa, ICICI Lombard, HDFC Ergo, Care) so you can act, not just read, before you resign.
From
Freefincal
by Pattabiraman Murari
15 min read
- The instant you lose the job you lose the group cover, so a personal policy must already be active, not a next-month to-do
- Structure roughly 10 lakh base plus a 40 to 90 lakh super top-up to reach high cover cheaply, around 20,000 to 25,000 a year under 45
- Waiting until your health worsens risks outright rejection, which is the real cost of delaying the purchase past your last salaried day
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freefincal.com →
📄 Article
✓ Link checked
India
Free
Intermediate
Why we picked it
This explains exactly how an underwriter reads a founder: they want 2 to 3 years of ITRs, P&L, Form 26AS, and GST returns, cap your cover at roughly 20 to 30x documented income, and discount commission or trading income as unreliable. It also names the practical fix for lumpy earnings: a limited-pay plan you finish in your strong years so the policy never lapses when income dips.
From
Ditto Insurance (joinditto.in)
by Ditto Insurance
16 min read
- Term cover is capped near 20 to 30x your documented annual income, so a year of thin ITRs shrinks the cover you can lock in, another reason to buy before you quit
- Insurers want 2 to 3 years of ITRs, P&L, Form 26AS, bank statements, and GST returns, not just a salary slip, so get your filings clean first
- Choose a limited-pay term plan you can finish during strong earning years, so a lean founder year never triggers a lapse
Open
joinditto.in →