Life Insurance

Yes, there is a right time to buy life insurance. Over the years, insurance experts have zeroed in on a simple rule of thumb:

Do you worry about HR's tax email every year? Are you one of those who hurry to make tax-saving investments at the last minute? Relax, you’re not alone. But even you have to agree that worrying about tax every year is really not an ideal place to be in.

The heart attack that killed you came without a warning.

It was raining heavily that morning. Namita tried persuading Prakhar to skip work for the day and instead help her clean up the living room, which was awash with clutter from the previous night’s birthday celebration of their (now) one-year-old daughter, Ananya. But he had a very important meeting that day, on which his promotion depended. He quickly got ready, kissed his daughter goodbye, and promised Namita that he would be back half-day from work.

Why should you start investing today?

Unappealing and rather unnerving is the subject of death, isn’t it? Why talk about something so unappealing? Death and its consequences are the two subjects that the human race has always feared to talk about. But has any problem in the world ever been solved without deliberately discussing it? Of course not! Likewise, we cannot figure out potential ways of dealing with the repercussions of death unless we choose to talk about it and consequently plan for it.

“How much life cover should I have?” is a question that we as an insurance broker are asked frequently by those seeking life insurance policies. Due to a number of factors, the required life cover of each individual may vary. In this article, we discuss these factors that will help you determine how much of the life cover you would require. Read on each factor below to figure out a rough amount of the sum assured that you should be looking for before settling for any life insurance plan.

Traditionally, the main function of a life insurance cover has been to safeguard the family's finances in the event of the demise of the breadwinner. Today, however, insurance is not limited to covering risks; it can help in getting a loan. So, not only do you get security, life insurance also comes to your aid when you’re going through a financial emergency.