The maximum age limit for life insurance in India serves as a vital consideration when purchasing coverage. The benefits of buying life insurance vary across different age groups, with advantages ranging from lower premiums in your 30s to estate planning and legacy preservation in your 50s and beyond. While not everyone may require life insurance, … Read more
Life Insurance Corporation of India (LIC) is one of the most trusted insurance providers in India, with a wide range of insurance products that cater to the diverse needs of individuals. One such insurance product is the LIC New Jeevan Amar plan, which is a non-linked, offline term insurance plan that provides comprehensive coverage to … Read more
Life insurance is one of the most important financial tools available to individuals and families. It provides financial protection for your loved ones in the event of your untimely death, ensuring that they can maintain their standard of living and achieve their long-term financial goals. However, many people are still skeptical about whether life insurance … Read more
The life insurance claim settlement ratio is something that most people don’t think about until they are faced with a situation where they may have to rely on it. Although death is the least likely scenario, it still happens. This is why the life insurance claim settlement ratio is so important. After all, what would … Read more
Are you the one trying to add the cover to your life for better safety? General insurance is a perfect choice for you. There are different type of insurance cover that helps in binding good steps in every step of life. Life just comes up with expenses that are not planned. This means that adding … Read more
A life insurance policy is a contract that ensures financial benefit for dependents after death in exchange for premium payments. Although there are various life insurance policies here, Every life insurance company provides multiple life insurance policies with different benefits. However, they have their own way of considering applications, but people often get confused between … Read more
Once the individual purchases the life insurance policy, one indeed presumes that coverage is in effect & returns to their daily lives as such. Just like the other legal agreement, though, insurance policies contain a lot of the fine print, which consumers often don’t read. This is because life insurance policies contain several concealed exemptions … Read more
Life insurance is a contract that ensures how much money your insurance provider will pay your beneficiaries when the insurance bearer dies in exchange for premium payments made by the insurance bearer. Various insurance providers offer policies depending upon your case or application. The primary purpose of life insurance is to provide help or benefit … Read more
Young people believe that life insurance is something you should consider when you become older. However, this is a common misconception. Purchasing life insurance is one of the important financial choices one can make, but barely 10% of Indians have it. But why is it so crucial? Nobody knows what the future holds, no matter … Read more
Are life insurance policies capable of covering Coronavirus(COVID-19)? Globally, the World Health Organization (WHO) has declared Coronavirus (COVID-19) as a pandemic. At the time of writing, nearly 25 lakh people have been affected by this disease, and 1.7 lakh have died. Globally, people are in a state of panic. Self-quarantine has become the standard way … Read more