Most people take life insurance policy not just for life cover but also as investment instrument and to save tax. Selecting the correct insurance policy is important for everyone to suit their own requirements. Insurance policy, if rightly selected has different types of benefits like amount of sum assured or insurance cover, return on investment, [...]
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Health Insurance comes as a great relief to you as well as your family members because they don’t need to worry about the treatment. Read this article to understand the importance of health insurance.
[Click to continue...]Health insurance aka medical insurance aka mediclaim is a kind of insurance that covers your medical expenses. Thus the main aim of a medical insurance is to protect yourself and your dependents against any financial constraints that may arise due to a medical emergency. The concept of medical/health insurance is relatively new in India but [...]
[Click to continue...]Term life insurance provides coverage for a specific period or term (most often 1, 5, 10, 15 or 20 years). It is also called temporary insurance. If death occurs during the term, the policy pays cash benefits to the beneficiary. However, once the term is over, and if the policy is not renewed, the coverage [...]
[Click to continue...]Life insurance offers a way to replace the loss of income that occurs when someone dies. It can be the basis of protection and financial stability after one’s death. Its function is to help beneficiaries financially after the owner of the policy dies. Life insurance is a contract between the insured person and the company [...]
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