In India, 24 life insurance companies offer life insurance coverage. Life insurance is a contract between an individual and an insurance company in which the insurance company promises to pay a death benefit to the life assured's family in the event of the life assured's untimely death withi […]
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How to File a Life Insurance Claim?
We all are more or less familiar with life insurance. However, it is less likely that an individual is acquainted with the necessary steps to be taken in terms of making a life insurance claim. In this context, it is important to note that, in order to get the returns from a life insurance plan, you […]
Why to Buy Life Insurance Early?
Everyone is more or less familiar with life insurance. However, not everyone is acquainted with it's important and benefits. Still, a huge chunk of our country's population thinks it's a waste of money to buy life insurance. Although they understand their fault at a later point in the […]
Top 10 Life Insurance Companies in India in 2020
If you are talking about life insurance, the basic idea of the product is that in case you pass away, the insurance company you buy the life insurance policy from will pay your family a fat sum of money. However, this is not the only benefit which comes with a life insurance policy in India. You […]
Top Life Insurance Plans in 2020
Life insurance holds immense significance. After all, what could be more important than life? However, one thing you might want to keep in mind that a person buys life insurance policy not because he is afraid of death or that he is going to die but because he cares for his family and his loved ones […]
Benefits of Buying a Life Insurance Plan in India
Buying a life insurance policy basically comes with a number of advantages. The primary benefits of purchasing life insurance are highlighted here: Peace of Mind: Majority of us exist in traumatic environments. On the other hand, our lifestyle and health take the beating because of t […]
What is Life Insurance? Features of Life Insurance Policies
A life insurance policy is basically a contract between a life insurance policy buyer and the life insurance company. In this case, the life insurance company promises to pay a sum of money to a designated beneficiary in exchange for a premium upon the death of the person insured. Life Insurance […]
8 Life Insurance Terms That You Must Know
In India, the typical dispersion and density of life insurance is merely 2.76%. Although there have been some improvements in this aspect, the overall progress has been quite slow in the country. On top of that, a big chunk of people are still not aware of the benefits of life insurance policies and […]
Some Frequently Asked Life Insurance Questions in India
What Is Life Insurance Policy? A Life Insurance Policy is basically a contract between a life insurance policy buyers and a life insurance company that guarantees to reimburse his/her beneficiary or nominee in case of his/her unfortunate demise. The reimbursement amount is pre-decided o […]
What Are the Different Types of Life Insurance Plans in 2020?
There are basically 7 types of different life insurance plans available in India. In order to make an informed decision in terms of buying the best type of life insurance plan that suits your requirements, you must have proper knowledge and understanding of each type of life insurance plans availabl […]