Family Protection: Life Insurance Articles & Information

Term insurance plans are one way to ensure financial security for the future. Since the plan has a limited horizon of providing life cover, it becomes an attractive proposition and reduces your costs considerably. Compared to traditional endo...

An accident is an unpredictable event and can happen even to careful drivers. While you may like to stay safe all the time, it is also best to be prepared for the worst. Here are a few tips that will help you lessen the trauma in the event you enc...

Term Insurance Riders are add-on to a term insurance policy that can be drawn on, if and when a certain event or instance is triggered. They allow for financial cover over and above the sum that is normally or initially promised in the said insura...

Term insurance provides life cover for a fixed duration and offers financial aid to your spouse, parents, and children in case of an unforeseen event. That’s why, we discuss the benefits of term insurance, so you can take an informed decision for ...

However, since term insurance benefits become due once the policyholder dies during the specific term; there may be situations too where nothing unfavourable happens during such a term. Then what? You have kept aside a fixed sum of money every yea...

However, the data available with most insurance companies shows a skewed ratio of insurance holder to be male. This indicates that there is a lack of awareness regarding the benefits of life insurance for women.Here are some crucial points that wo...

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Life and death are matters of uncertainty, but getting insurance is not! Losing someone can never be compensated, but the financial loss that occurs due to the demise of the earning member of a family can be taken care of with term insurance....

As bankers, you are certain to receive certain benefits from your profession. Apart from the satisfaction of helping people with their financial tasks, you also enjoy a secure, respectful job and a sizable income. But if you are a banker, apart fr...

Being a police officer in India has immense risks. During the course of 2017, 383 police personnel lost their lives in their line of duty. Although getting life or term insurance is a necessity for police officers, most avoid getting ins...

What Is Comprehensive Life Insurance?. A comprehensive life insurance a life cover where the coverage is extended for as long as the policyholder lives and is able to pay the premiums. Since the coverage is provided for life, the premium cost is ...

The next massive expense is catering. Upper-middle-class wedding costs are high as they tend to offer a variety of cuisines like Indian, Italian, Chinese, and Mediterranean.Food and drinks can cost a cumulative of Rs. 5 lakhs, depending upon the n...

A term insurance offers a financial blanket to your loved ones’ in case of an unforeseen event. Basically, a term plan will make sure your loved ones can continue living the same lifestyle in future....

However, this line of argument severely ignores the role of homemakers. Whether through pure term plans or insurance cum investment plans, the role of homemakers is now being recognized. ...

What is Term Insurance, and what are its benefits?

Before we explore further, it is essential that you understand what term insurance is. It is a policy that offers financial coverage in the form of a particular sum of money to...

What is Life Insurance?

• A life insurance policy is an insurance product that covers the insured’s life with a pre-determined sum assured. The insured has to pay regular premiums, and in return, the insurer offers two-pronged benef...

Life is full of uncertainties, which makes the purchase of a life insurance policy has become highly imperative. India has emerged as an important global contributor in the world, and despite Indians staying abroad, they may have family or home he...

Most people avail life insurance policies from a very young age for a long tenure. When we are young and fit, the premium costs are lower. This keeps increasing as we age. While it is advisable to avail a long-term life insurance policy, you can e...

Buying life insurance in whatever form is a great start, but the right amount of coverage is important too. The cover should vary with the kind of  responsibilities and the number of dependents you have, and it should also decrease accordingl...

1. Accidental Death Benefit Rider. Adding this rider will ensure that if during the term of the policy, the insured passes away in an accident the nominee will receive an additional sum assured. The amount of this additional sum assured varie...

We all know that buying term insurance is the sensible thing to do. While a pure life insurance policy ensures that your dependents receive the sum assured, you can get more out of it. You can enhance your insurance policy with riders wh...

Here are some ways you can use money received as life insurance claim settlement:...

Term Insurance Policy – Meaning and Benefits:. First, you need to understand what a term insurance policy is. Term insurance is purely a life insurance product that basically provides coverage for a specific period or “term”. If the ins...

Have you thought about how your family will continue with their current lifestyle if you were not there tomorrow? Will your spouse be able to pay the children’s school fees? Will your parents be able to get the medical attention they require? If n...

A life insurance policy is important because it safeguards the financial interests of our family in the unfortunate event of one’s premature demise, accident, disability. When a family is bearing the emotional strain of the loss of a loved one, an...

The point is, given a choice we’d always want only the best for our families. Similarly, when it comes to term insurance cover, we must not settle for less....

Life insurance is all about creating a responsible financial plan, which provides the security of meeting your financial responsibilities as well as protecting your family through the different stages of life....

As a self-employed individual, you have to ensure that you make your own investments, buy health and life cover. And the last point cannot be emphasized enough. No matter the nature of life insurance plan: an online/offline term plan, a ULIP, an e...

Gift or Collateral:Everything You Need to Know About Assigning a Life Insurance Policy...

Not only is the wide range of life insurance policies available confusing, but term plans themselves are of various kinds. To ensure you choose the best term policy for you, you must understand the multiple options available for you to c...

Today, term insurance plans are most sought after and with the introduction of online term plans, our lives have gotten a lot easier. With the ease of online transactions, financial experts suggest opting for term plans over others as they of...

Owning a home is a crucial financial decision that one has to make keeping in mind multiple factors such as savings, earnings, investments etc. Moreover, with the steep rise in property prices in most Indian cities, buying a home is the biggest ch...

What Is A Term Plan?. A term is quite different from other life insurance products because it offers protection only for a specific time period which can be 10 years to 30 years. It primarily comes with a death benefit, wherein the sum ...

If your life insurance policy lapses, insurance companies offer the following assistance: ...

Fortunately, the Income Tax Act, 1961, comes with many provisions that can help with tax optimization. Certain expenses can be claimed as deductions from your income, while some income sources are fully or partially exempt from tax. There are also...

There are times when you are faced with a situation where liquidating your assets seems like the best option available. This might be due to a financial emergency, while in other cases you may receive a more lucrative investment offer which makes ...

The specified sections under the Income Tax Act for Term Insurance tax benefits are Sections 80C and Section 10(10D). Here are details under these sections that can help you in your tax planning....

Among these investment options, tax-saving fixed deposits, NPS, mutual funds, and ULIPs are quite commonly preferred. Term insurance plans and life insurance policies are also excellent investment options for tax optimization. You can le...

Term insurance plans are not only the best financial vehicle to get financial protection against unforeseen events, but also an efficient tax-saving investment. As a tax saving investment, term plans are preferred by most individuals because life ...

Unforeseen events can make the future uncertain. Hence, it's important to prepare as best as we can for whatever life may bring. Even though you have a health insurance, you might not be covered in the case of a disability. If you are looking...

Life insurance is an agreement between the insurance company and the policyholder. According to the agreement, the policyholder pays a premium amount for the term of the policy and in return gets a cover for a specific amount. This cover is usuall...

However, when looking at this dream practically, the age-old question pops up: how will you finance this post-retirement startup? In the absence of a regular income and with the constant need for funds for your new business, most people might be t...

To remove such doubts from the insurance holders’ minds and to further promote the concept of life insurance; Insurance Regulatory and Development Authority (IRDAI) has made the issuance of claim settlement ratio of insurance providers mandatory i...

This is where life insurance plans feature. If you have been looking for the right time to buy insurance, Diwali would be a good reason to go through with the plan.. Life insurance ensures you or your loved ones never face any difficulty with the...

Before making any decisions on buying a term insurance policy, some aspects ought to be considered. One should clearly plan an estimate of various financial liabilities, such as educational expenses, household expenses, retirement e...

Living Your Life Young and Carefree? Then, you need insurance!...

And yet, the majority of women seem to be neglecting a very crucial aspect of their life: personal finances. The decisions on savings and long-term financial planning are often left to the men in their lives- father, husband, and even son. But loo...

While we cannot govern certain things in life, we can make provision to deal with such incidents. Taking a life insurance policy addresses the many responsibilities that come with a family - providing them the financial security which they need ev...

For individuals with limited income, it is preferable to choose a term insurance plan. These plans are very cost-effective and offer high coverage at meagre premium costs. To better know why term insurance, you need to understand what term insuran...

When you opt for insurance, it is natural that you would want to choose the best term plan that will provide your loved ones with the best. To ensure that happens, you need to carefully assess all the critical factors such as age, income, health, ...

Law Enforcement...

However, with a resounding presence in almost every professional and societal domain, women have managed to shatter the glass ceilings with elan. They earn their own monies and contribute to household income. Therefore, women, especially working w...

Term insurance is one such policy that is usually preferred over other forms of life insurance by most policyholders. This is mainly due to the affordable premium rates, fixed period of protection, flexibility in options and such other factors. Ne...

Your life insurance policy is meant to safeguard against the uncertainties and eventualities of life. It enables you to live your life care-free with the assurance that your family will be provided for, financially, in the unfortunate event that s...

As the name suggests, the term insurance plan is insurance that you get for a specific time period. This specific time period is a fixed number of years and the policy comes into effect only if the policyholder dies during that period.  So, i...

While you may acknowledge these benefits of term insurance, most of us think we can only take life insurance until the golden age of 60 or 65 years. This is, in fact, is not true. Nowadays the term insurance policies coverage has been extended fro...

Uncertainty is a source of major anxiety for most of us, and with the fragility of human life, the anxiety multiplies. We cannot control how the universe works, but we can assuage our worries and apprehensions by securing financially against the w...

But then again, your family and life needs will keep changing and evolving through time. Consider this: you buy life insurance at the age of 25, when you were single and had no dependents to take care of. So, you draw a basic term insurance cover....

Is there a term plan to suit every need?...

Excuses in life, not only harm you but the other person as well. The damage is more if you make excuses for avoiding important things, like buying a term insurance plan.. ...

Does your employer provide corporate term insurance coverage?Do you think it is adequate for your family?. ...

Think of term insurance as your family’s safety net....

Finding the Right Term Insurance for Seafarers...

Most individuals aspire to be an entrepreneur or a businessman and break the vicious 9-5 monotonous jobs cycle. They seek independence in professional decision-making. This sense of ownership and responsibility often results in tremendous financia...

One of the main reasons for the growing popularity of term insurance in India craze is its low premium. There are many factors that keep the premium of a term plan considerably lower than other forms of insurance....

This World Heart Day, put on your red cape and fight every evil that tempts your heart. Pledge to be the bravest Heart Hero because we, at PNB MetLife, wants to see you live longer and healthier with these 6 simple changes....

Your financial planning should be formulated to meet not only their lump-sum expenses through a sum assured payout but also their daily needs with structured payouts. Some of the critical financial planning tips that can aid in improving your fami...

The purpose of life insurance is to secure your loved ones against financial hardships due to an unfortunate event. The insurer pledges to pay a definite sum to the person you name as the beneficiary, in case of any eventuality....

The year 2020 brought an unwelcomed guest into everyone’s life in the form of Coronavirus. While the whole world shut down and people sat inside their homes, the risk of falling sick and leaving loved ones without a financial aid was on everyone’s...

A term insurance plan is a pure life cover that aims to protect you and your family against the uncertainties of life. However, you must know everything about the term insurance plan when buying a term policy, especially regarding the term in...

When picking out a term insurance policy, several aspects need to be considered. Your age, income, your health status , your family members’ needs, etc. contribute towards deciding the optimal premium for your plan. Apart from these, your lifestyl...

When it comes to safeguarding your loved ones' financial interests, insurance can be one of the best instruments to invest in. With a variety of products and features, the market is full of offerings in life insurance, health insurance, term insur...

Term insurance plans are essential to safeguard your loved ones who are financially dependent on you. While you can never predict or control adversities, you can combat their impact to some extent. A term plan is a suitable way of creating a secur...

No one likes to think about their death. But, when it comes to your loved ones' financial security after you are gone, this becomes a critical subject. In this regard, a term life insurance policy is a reliable asset, promising to take care of you...

Our way of life has led to an alarming increase in the risk of lifestyle diseases today. Stroke, heart disease, cancer, diabetes, kidney failure, and other ailments are impacting more and more Indians every year. Sedentary lifestyles, the food we ...

When it comes to safeguarding your loved ones' financial interests, insurance can be one of the best instruments to invest in. With a variety of products and features, the market is full of offerings in life insurance, health insurance, term insur...

A life insurance plan is an effective financial tool to secure your loved ones' future financial interests. It helps you safeguard your family at a time when you are not physically present to do so yourself. You can choose a sum assured and premiu...

Family is everything and their security of utmost importance. One effective way to safeguard your loved ones' financial future is to buy a term life insurance policy. However, it is important to regularly pay your term insurance premiums to avoid ...

A term insurance plan is one of the most affordable and reliable methods to ensure the financial security of your loved ones in your absence. These plans are pure insurance covers that provide you with a comprehensive sum assured at fairly reasona...

Term life insurance plans offer a cover for your life against uncertainties and keep your family protected. They support your loved ones and enable them to live a financially independent life. Hence, it is essential to have sufficient life insuran...

Term insurance is crucial to shield your loved ones against financial troubles in case of eventualities. Even so, according to a 2020 survey, only three in ten Indians are buying term plans....

Being an entrepreneur is not easy. A self-employed individual has to face a plethora of challenges while setting up and expanding their business. Business liabilities in the form of personal loans and working capital loans often add up to their ho...

The year 2020 will be remembered for all the wrong reasons as the COVID-19 pandemic raced through the world. Many aspects of life as we knew it were turned on its head. As nations grapple with the devastation, uncertainty and pain the pandemic has...

Sudden times of crisis, such as the events of 2020, make you stop and think about the safety and well-being of loved ones as well as the limits of our control over these circumstances. The steps we can take to protect them provide an essential buf...

To say this has been a difficult year would be an understatement, but the fact that you are even reading this is proof that it could have been a lot worse....

Unexpected events, risks and financial contingencies are associated with an individual at different stages in life. We have to find out our way amidst that. One of the advisable ways to ensure financial protection amidst these issues is buying a l...

A Term Insurance Plan is the purest type of life insurance that is used to cover an individual for a specific period and offer a lump sum payout to the family in case of eventualities. Every individual must consider Term Insurance Plan at a very e...

Marriage symbolizes a couple's love, commitment, and though many people do not link it directly, it also reflects a person's financial wellbeing. In India, where approximately 12 million weddings take place annually, tying the knot marks the begin...

मानव जीवन मे लगातार बढ़ती अस्थिरता को देखते हुए हर व्यक्ति अपने बाद अपने परिवार के जीवन की सुरक्षा चाहता हैं। हर व्यक्ति को जीवन बीमा जरूर लेना चाहिए क्योंकि जीवन कई मायनों में अनिश्चित है। अगर आपने जीवन बीमा लिया हुआ हैं तो आपकी असामयिक मृत्यु के ...

टर्म इंश्योरेंस व्यक्ति के परिवार को आर्थिक रूप से स्वतंत्रता प्रदान करता हैं। यह परिवार के कमाने वाले सदस्य या पॉलिसीधारक की मृत्यु के बाद भी परिवार के वित्तीय लक्ष्यों को पटरी से नहीं उतरने देता। ये अपने परिवार के सुरक्षित भविष्य के लिए निवेश का...

कोरोना के बढ़ते प्रकोप और लगातार अनिश्चत होते जीवन में हर व्यक्ति अपने जाने के बाद परिवार की आर्थिक सुरक्षा को लेकर काफी चिंतित रहता हैं। इसके लिए वह अनेक प्रकार के निवेश योजनाओं को अपनाता हैं। लेकिन इसी जल्दबाजी में अनेक लोग टर्म प्लान और निवेश को...

India's sandwich generation consists of millions of people who find themselves financially responsible for their elderly parents as well as growing or adult children, and they are increasingly finding themselves in a quandary. Managing household r...

Covid-19 has changed the way people approach various aspects of life, from work to health and wellbeing. Most importantly, the unpredictable nature of the virus and the high medical costs have forced everyone to rethink how money is managed. Ensur...

जैसे बढ़ती उम्र के साथ हमारी ज़िम्मेदारियाँ बढ़ती हैं, वैसे पैसा कमाना और अपने परिवार की जरूरतों को पूरी करना हमारा मुख्य काम हो जाता है। ऐसे में अब हमारे सामने एक बड़ी चुनौती आती है - धन संग्रहित करने की। ये धन वो धन होता है जो मुसीबत के वक्त हमारे...

लाइफ इन्शुरन्स पॉलिसी आपके धन को निवेश करने के सर्वोत्तम तरीकों में से एक है जो अंततः आपके प्रियजनों की मदद करेगी, अगर आपके साथ कुछ अनहोनी हो जाए। लाइफ इन्शुरन्स प्लान आपके परिवार की वित्तीय जरूरतों का ख्याल रखती है यदि आपका आकस्मिक और दुर्भाग्य न...

Humanity is united in certain experiences that span the course of our lives. For most of us, we aspire to get married, perhaps have a child or two and send them off to college, retire from lengthy – and hopefully rewarding – careers, and leave beh...

Life is full of uncertainties, and so, one of the most important concerns is protecting your loved ones in your absence. No matter how much you plan or how many precautions you take, you can never be fully prepared for the future. However, life in...

To mitigate the different risks in life and protect yourself and your family against financial pitfalls, you plan and take suitable steps, such as saving and investing your money in the right avenues. In this regard, life insurance plans a fruitfu...

Your family looks up to you for emotional and financial support. You should do everything in your power to take care of their needs when you are present in their lives and even when you are not around. Life insurance plans give you an option to cr...

If you are looking to buy life insurance, are you doing so without having a clear financial or life goal in mind? Sure, it is vital to look at external features such as the life insurance coverage amount offered or the premiums required. But these...

The uncertainty of life can be troubling when you look at the smiles and cheer of your loved ones. You want them to be happy and secure always, even when you are not around. For this purpose, it is important to create a sound financial plan for th...

Going on a trip or a vacation is really exciting. You plan your trip clothes, the places you will visit, the food you will eat and so on. You want to be stress-free and enjoy every moment of your trip. However, when planning for your holiday, have...

Income protection plans are a type of life insurance plans that protect your loved ones in your absence and at the same time let you save your money for a future goal. Also known as a guaranteed income plan, these plans offer a guaranteed payout o...

One of the simplest forms of insurance, term policies offer your loved ones much needed financial protection when you are not around. As a policyholder, if you pass away during the term of the policy, your family gets a sum assured that can help t...

Life is constantly changing, and so are your financial needs. If you have invested in a term insurance plan early in life and over the years, have realized that your loved ones need more financial security, you can always increase the sum assured ...

Most people buy life insurance plans so that their loved ones get a tax-free lump sum amount to pay off any pending financial liabilities and secure their future. However, this no way implies that life insurance plans are only for people who do no...

Life insurance is a great way to secure your loved ones and provide for their needs. Life insurance plans are cost-effective and safe. Moreover, they offer many tax benefits. There are different types of life insurance plans in the market, and the...

हम सभी यह सुनिश्चित करने के लिए कड़ी मेहनत करते हैं कि हमारे प्रियजनों का आज और कल हमेशा बेहतर रहे। यदि आपका परिवार आपकी आय पर निर्भर है, तो लाइफ इन्शुरन्स आपके परिवार के भविष्य की योजना बनाने का एक महत्वपूर्ण हिस्सा है। इसके बारे में सोचना मुश्कि...

हम सभी यह सुनिश्चित करने के लिए कड़ी मेहनत करते हैं कि हमारे प्रियजनों का आज और कल हमेशा बेहतर रहे। यदि आपका परिवार आपकी आय पर निर्भर है, तो लाइफ इन्शुरन्स आपके परिवार के भविष्य की योजना बनाने का एक महत्वपूर्ण हिस्सा है। इसके बारे में सोचना मुश्कि...

लाइफ इन्शुरन्स का सबसे किफायती प्रकार शुद्ध टर्म इंश्योरेंस प्लान है। ये कम-प्रीमियम, उच्च-कवर सुरक्षा योजनाएं हैं जहां प्रीमियम का पूरी तरह से उपयोग किया जाता है। प्रशासनिक लागतों को पूरा करने के लिए उपयोग किए जाने वाले एक छोटे से हिस्से को छोड़क...

A term insurance policy is considered a necessity for everyone. Regardless of your age, it can be beneficial to buy term insurance since it secures your loved ones in your absence, offers you protection from critical illnesses with riders, and gua...

A term insurance plan is one of the simplest and purest forms of insurance protection. It entails a contract between the insurer and policyholder, wherein the latter pays the former a specific premium amount every year for a predefined term....

Remember when you rode a bike down the roads with a helmet? At first, the helmet might have felt inconsequential, but the minute you had a fall, it proved its value by preventing you from getting a severe injury. Term insurance works on the same l...

A term insurance plan will help you secure the financial future of your loved ones. Moreover, it will help you to shield your loved ones from all sorts of uncertainties in life. When we talk about uncertainties, it may vary from critical ailments,...

Most of the time, we work hard to secure a good life for ourselves and our near and dear ones. Our health and peace of mind are beautifully tied to the health of those whom we love and care for. So, while we do everything in our capacity to ensure...

A term plan is a type of life insurance plan that provides insurance coverage against death and other eventualities to the loved ones of the buyer/ policyholder of the term plan. The insurance coverage is in the form of a monetary pay-out called a...

You can find multiple insurance policies available on the market, each with a distinct set of features. But, when it comes to the life insurance policy, the most popular one is term insurance. The policy offers a guaranteed pay-out to the nominee/...

The Ideal Length of Term Insurance...

Three Things to Get Right in an Ideal Term Plan

Top three considerations that can help you pick the best term insurance plan:...

It’s also worth noting that there’s no shortage of family protection plan options to choose from. With that said, what is family protection and what are the benefits for you and your family?...

If you’re the primary breadwinner in your family, you may be stressed about what would happen to your family if there was a sudden loss of income. The good news is that you can invest in a family income plan to create financial security for your f...

What Is a Family Term Insurance Plan?

A family term insurance plan is a form of life cover offering coverage for loved ones should the policyholder pass away. It provides financial security for family members who are dependent on the pol...

This would result in the insurance provider paying a specific amount to the policyholder. This sum is known as the surrender value....

Are you unsure what makes life insurance policies so lucrative? Read on to unlock why life insurance is important for you and your family....

Some other policies may also offer a maturity period, where you are awarded the lump sum as soon as you complete the tenure of the life insurance....

In such schemes, the employer purchases the plan on behalf of the employee, with the latter being the beneficiary....

As a private sector employee, you can avail of such a program to safeguard your family’s financial condition. But, thorough knowledge of EDLI and its technicalities can prove essential for planning purposes....

What is Claim Settlement Ratio?

The claim settlement ratio represents the number of claims settled by the insurer within a specific period. It is the ratio of total claims received and total claims settled in a period, which is generally...

How to Calculate the CSR?

To calculate the CSR, divide the number of claims settled by your insurer by the total number of claims received. Multiply the result by 100 to obtain the CSR....

Under life insurance, an important question that you, as a policyholder, need to consider is what is the claim ratio of an insurance company. And this is where the claim settlement ratio of PNB MetLife has exhibited a growing trend over the years....

In this blog, learn more about how to claim life insurance and its detailed process and why it is more important while buying Term Insurance....

What is Critical Illness Cover in Term Insurance?

Critical illness coverage takes care of the medical expenses of the policyholder if they are diagnosed with a critical illness during the term plan. Investing in term insurance with criti...

Policyholders who have chosen to make annual payments towards their term insurance are entitled to a 30 days grace period in term insurance. On the other hand, if an individual has chosen to make monthly payments of their insurance premiums, then ...

What is Term Insurance?

Term insurance is the most basic life insurance policy that offers financial protection to the policyholder’s loved ones in the unfortunate event of their death. To avail of this policy, an individual is expected ...

Term insurance is a life insurance policy that looks after the policyholder's loved ones in the event of their untimely demise. This service is offered by the policyholder's payment of a specified premium. The premium amount is decided on factors ...

Among the various insurance options available in the country, term insurance secures your family's future. Keep reading to know why term insurance is important....

Key Features of Term Insurance with Return of Premium

1. Premium Return

The unique feature of TROP is the return of all paid premiums at the end of the policy term if the policyholder survives. This repayment excludes any extra...

Top 5 Digital Transformation Trends in Life Insurance in 2024

1. Enhanced Customer Experience through AI and Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) are at the forefront of digital transformation...

Key Reasons Why One Should Compare Term Plans Before Buying It

With the myriad of options available in the market, it becomes imperative to compare term life insurance plans before making a purchase. Here are the elements of comparison:...

Let’s take an extensive look into rider meaning in insurance along with the type of riders in insurance and major benefits....

So, we've got you covered whether you're looking for a basic term plan, a policy with investment benefits, or something tailored to your family's unique circumstances....

Now, how does the term insurance under these sections work?...

Why is it important? Well, think about what your loved ones would face without you. You will not be there, but they'd still have expenses. Term insurance is designed to alleviate that burden. It’s like leaving them with a financial cushion so they...

Term insurance is like an umbrella. You hope you never need it, but you're glad you have it when it starts raining cats and dogs. It is the purest form of life insurance as it focuses solely on providing a death benefit to your beneficiaries....

Term life insurance is the simplest version of life insurance. You pay for coverage over a set period, usually between 5 to 30 years, and if something happens to you during that time, your family gets a payout. If not, you move on, maybe renew, ma...

Insurance companies provide compensation against financial losses to individuals who invest in insurance plans. These individuals need to pay a premium to the insurer to claim the compensation. The premium paying schedule can be at specified inter...

Unlike permanent life insurance policies, term insurance does not accumulate cash value and is generally more affordable, making it a popular choice for individuals seeking straightforward coverage for a set period, such as 10, 20, or 30 years....

Life is full of surprises, some great, others not so. Though you may not know what it will bring, you can definitely prepare for it. One way to do that is by buying life insurance. If you’ve ever found yourself asking, “What is life insurance,” or...

What Is Life Insurance?

Life insurance, as its name suggests, is a policy that would provide financial protection to the dependents of a person if he or she were to die. It is thus a contract made between the insured and the insurance co...

Term insurance offers more than just life insurance, making it a vital component of financial planning for safeguarding your loved ones' future. Its other benefits of tax-frugality can also enable the saving of a much needed sum of money, making i...

When it comes to securing your financial future, life insurance plays a vital role. But let’s face it—terms like sum assured and maturity amount can often sound confusing. You're in the right place if you’ve ever wondered what these terms mean and...

Most people think term insurance is limited to earning members only, but that is wrong. Even a housewife may opt for a term insurance plan that provides financial security to her family. If you are searching for the best term insurance plan for a ...

Mothers do so much in their lives. You handle the kids, make delicious food, provide emotional support to your husband and kids, and keep the family together. However, there's one thing that can silently support a mother's efforts behind the scene...

We all buy a term insurance plan, thinking it will secure our family’s future in case something happens to us. But you may not know that just purchasing a 1 crore term insurance doesn’t guarantee that your wife and children will receive the money....

Protecting your family takes a lot of sacrifice, hard work, and dedication, but what if you were not around to care for them suddenly? That is when the significant perks of term insurance come into play. Term insurance plans allow your loved ones ...

The perception surrounding life insurance policies for older individuals is that they are hard to come by. This is because many think, “It's too late,” or that it is financially unviable. But here’s the good news: you can still protect your loved ...

Father's Day is just around the corner, and we're all confused thinking about what to gift the man who has been there for us all along. Of course, you may go out and buy him a watch, a new wallet, or even a high-end gadget. But this year, why not ...