Term Insurance
-
Ans
First of all, we congratulate you for taking the decision to buy term insurance. You’ve taken a crucial step towards financially securing your family in your absence.
Read More -
Ans
As you may already be aware of, life insurance policies are divided into two major categories:
Read More -
Ans
Ever since the advent of eTailing, ordering food or booking taxi rides have become easier than getting off your sofa to fetch the TV remote. The same scenario has played out in the insurance business, and buying term life insurance is nothing different.
Read More -
Ans
In simple words, when you buy a term life insurance, you agree to pay a predetermined amount every month in exchange for a promise from the insurer that they will pay a predetermined sum to your beneficiaries in the event of your death during the policy’s term. Note that your premium payments will last the entire duration of the term.
Read More -
Ans
Term life insurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time. Once that period expires and the life insured is still alive, further coverage must be obtained under different conditions and premiums.
Read More -
Ans
Let us understand the difference between Term Plan, Endowment Plan & ULIP:-
Read More -
Ans
List of documents which are required while buying a Term Insurance Plan are:
Read More -
Ans
A Term Insurance plan is purchased by most of the individuals to provide a financial security to their family in the event of an unfortunate event. Primarily there are 2 types of term insurance cover available – First being the Regular Term Insurance Plan and the second being the Term Return of Premium Plan (TROP). However, there are other types of plans also available. Let us look at the below list of Term Plans and the variants available:
Read More -
Ans
Life Insurance is one of the most preferred investment options in India. There are 2 Tax Benefits offered under a Life Insurance Policy. There are:-
Read More -
Ans
An Insurance Contract promises to pay a Lump sum Amount or Sum Assured in return for the premium paid by the policyholder in the event of an unfortunate event. However, to limit losses and discourage anti-selection, insurance companies have certain "Exclusions" to the cover offered. Exclusions are those conditions which are not covered by the Insurance Company.
Read More