Insurance policies have certain terms and conditions and also contain exclusions so as to prevent fraud or protect their interests. But the coverage for suicidal death has always been speculated to not be included in the policy. So today let’s understand how and if suicide is covered under a life insurance policy. Coverage of Suicidal…Read More Does Life Insurance Pay for Suicidal Death?
You must have wondered if you could get multiple life insurance policies. Well, first of all, you can if you want to and second, your agent should be aware of other policies that you have bought to avoid claim rejection. Many choose multiple insurances for various reasons, but can you do with just one? Let’s…Read More Should You Buy Multiple Life Insurance Policies?
Life is uncertain and one way to secure your financial future is through insurance. Traditional plans like endowment and money-back policies are expensive if you want to avail of a higher coverage. A more affordable way to procure a higher sum assured is term insurance. It is a pure life cover and pays the policy…Read More Top Reasons Why Your Insurance Claims Might Get Rejected
Purchasing insurance can be a tedious process. Since there are so many options insurance policies available in the market, it can be a very confusing to choose the best investment plan for yourself, especially when it comes to life insurance. You might want to invest in a plan that gives you a good coverage for…Read More How to Use a Life Insurance Investment for Smart Financial Planning
Section 80C and 80D of the Income Tax Act is a boon for many people. Under these sections of the Income Tax Act, you can claim tax benefits on the premium that you pay for life and medical insurance policies. However, one needs to consider the Goods and Service Tax (GST), and whether you can…Read More How GST Affects Your Insurance-Investment Plans
When you are planning your long-term financial targets, considering buying a life insurance plan is essential. Life cover comes with many financial benefits. To understand how it works, you must learn about the life insurance payout and its different aspects. Once you learn that, you can plan your finance accordingly. When do you receive a…Read More How Life Insurance Payouts Work
Insurance is one of the most important investments you’ll make throughout your lifetime. While it may seem like a waste of money, to begin with, having an insurance policy is one of those things you’ll be so grateful you did when you need it. If you don’t get some, you’re going to regret it. However,…Read More Insurance 101: What 7 Types of Life Insurance Policies Are Available in India?
In today’s time and age, life insurance and other tax investments go a long way in ensuring that the future goals of your own and your family remain protected at all times. Investing in an insurance plan helps reduce the financial load on your family in your absence. Thus, life insurance cover empowers your loved…Read More The Unconventional Metric to Judge Your Insurer – Employees
Life is full of uncertainties. The uncertainties can take the shape of illness, financial difficulty, permanent disability, or even death. Life insurance by way of a term insurance policy helps one to smoothly tide over these uncertainties by providing a definite sum assured and financial support for the bereaved family members. With limited earning members…Read More 5 Basic Terminologies Associated with Term Insurance
Introduction Life throws up several financial challenges and to effectively tackle them, one must know how to make the most of one’s investment portfolio. ULIP is one such instrument which can be tailor made to suit the diverse financial goals of each investor at different stages of life. We shall study how one can utilize…Read More Know How to Make The Most Out Of Your ULIP Investment
Introduction A prudent investor seeks to maximize returns with minimum risk. This is feasible if one was to opt for a hybrid financial instrument i.e. one which offers life cover as well as market linked growth. A Unit Linked Insurance Plan (ULIP) is one such innovative policy with the dual advantage of insurance cum investment…Read More Understand Exactly How A ULIP Policy Works
It feels wonderful to receive your salary every month and use it for your present needs. However, that is all that your earnings do- help you live well in the present time. What you really need to do is plan to safeguard your future. Other than that, it is also important to plan ahead for…Read More Maximize Your Tax Benefits Like A Pro with These Investment Plans
When looking for an appropriate life cover for yourself and your family, you will be looking for the best cover at the lowest price. Every individual wants an extensive cover for their family while paying a low premium amount. When comparing the covers, everyone tends to compare the premium payable, but there are some factors…Read More Why Running after Minimum Premium for Life Cover can be Detrimental
Edelweiss Tokio Life Insurance launched its new product “Wealth Plus” live on Twitter on November 18th, 2017. This product launch was held at Edelweiss Group House, Mumbai. The launch was filled with bloggers and speakers from the finance industry and some big names from Edelweiss itself. Edelweiss Tokio Life insurance’s MD and CEO, Deepak Mittal…Read More A Game Changer Product by Edelweiss Tokio Life – Wealth Plus Ulip Plan
Insurance is a protective measure to cover the risk of erratic but costly events. Traditional term life insurance policies are a smart idea for most people who have dependents or other obligations. These policies are relatively cheap and pay out a tax-free death benefit to your beneficiaries if you die before the end of the…Read More Bajaj Allianz Life Insurance’s New Product could change the face of Life Insurance Schemes in India
Term insurance or Life Insurance is something that most people often overlook and not pay attention towards. Some do it purely out of carelessness and others simply find an excuse to push the decision making at a later time. Then there are those who simply ask the question – Why do I need life insurance…Read More Bajaj Allianz Life Insurance Launching an Online Term Insurance Plan
“Don’t have life insurance? You’re probably not alone. Studies have shown that many people who should have life insurance haven’t purchased it yet. Life insurance is an important financial safety net that protects your family’s financial future by providing them with funds after the policyholder’s death. A life insurance payout can help your family pay…Read More Five Reasons to Have Life Insurance