If you want to secure the future of your children and spouse, life insurance will be an essential element of financial planning. It will also give them financial independence during an unforeseen event, or give wings to their dreams. In short, life insurance offers risk cover so that your family can continue living a happy and fulfilled life even after you. Life insurance is divided into two main categories—whole life insurance and term insurance. Let us understand which of the two is … [Read more...] about Whole Life Insurance Vs Term Insurance: Which is Better?
Whether one should go for a term insurance or an endowment plan, most insurance seekers find it difficult to decide which insurance plan to buy. They often wonder what kind of life insurance would be the best for them. If you find yourself facing the same dilemma, we’re here to help you make the right decision. But before that, let’s discuss in detail on the several life insurance policies: A life insurance policy can be of many types, such as: Whole life insurance plans Unit … [Read more...] about How are Endowment Plans Different from Term Insurance Plans?
Being married is a new, exciting phase of life. It is a time when you are building hopes and dreams together. That is why, being prepared for unforeseen possibilities as a couple is the wise thing to do. Considering you have just tied the knot, a term insurance is the perfect option for you. By securing the future of your spouse with a term insurance policy, you’re helping them embrace a strong and fulfilled future. Why term insurance? The status from ‘me’ to ‘we’ brings on a lot more … [Read more...] about Why Newlyweds Should Consider Buying Term Insurance?
Life’s biggest security is having a back-up plan and knowing how to use it. I have grown up in a modernizing Indian family where women oscillate between old ways of life and exercising authority. More precisely, I saw my mum struggling between ‘read the life insurance policy thoroughly and understand its terms’ to ‘sign these papers and it will be taken care of’. This left her only half-equipped to use the policy when the time came. The reason being, men in the family take the lead when it … [Read more...] about Life Insurance Affairs—No More a Men-Only World
As an infant, you may have been tossed in the air by an adult. You may have been thrilled. The joy of touching the sky is infinite. Plus, you feel safe that there is someone to catch you. You, thus, concentrate on flying high like a carefree bird. And not a single worry about falling to disturb you. If only money matters were like that… But hold on! Your money matters can give you the joy and thrill of adventure WITH the safety of protection. If you choose an investment-linked insurance … [Read more...] about Why should you choose investment-linked insurance plans?
Finding a ticket for your favorite exotic destination could get difficult, especially during peak season. Even if you get the tickets for the vacation, they would be expensive. But what if you get a ticket that comes with free food vouchers worth Rs. 10,000. Well, we’re not sure if travel agents offer a two-in-one deal, but insurers can. A life insurance gets you a cheap ticket to fulfilling your life goals along with a free tax voucher. Meaning: It helps you achieve your goals in life as … [Read more...] about How insurance helps you save tax
When my two days old sister was handed over in my arms, I felt the power of responsibility for the first time. When she reached for my arm to get up for the first time, I knew I needed to be strong to be able to support her. The first time she left my finger to walk on her own, I realised she might not need my help always; but also that I couldn’t leave her unguarded despite all. Every exam that I have helped her study for, her every act of mischief that I have covered, every time I have … [Read more...] about This Rakshabandhan, I Will Gift My Sister a Term Plan
Read the steps for buying life insurance in more detail here. … [Read more...] about It’s not the 80s. Buy life insurance online in these 5 easy steps – Infographic
Sit back and fasten your seatbelt. You are travelling back in time to the India of the 1980s. Liberalisation is still a decade away. This is a different world than the one you live in today. Once there, you chance upon Amit at a roadside tea stall. The two of you get talking. The 33-year-old father of two is looking to buy life insurance. His wife is a homemaker, and his dependent parents are ageing. So, yes, the security from the insurance will come in handy. But applying for life … [Read more...] about It’s not the 80s. Buy life insurance online in these 5 easy steps
One can never take life for granted. From being taught not to touch the hot stove to looking left and right before crossing the road, we inculcated a lot of measures to keep ourselves and our loved ones protected. One such precaution we undertook was to purchase a life insurance policy. A contract where the insurer promises to insure your nominees with a death-benefit in exchange for premium payments. Today, it is imperative to own life insurance. It could be a term plan or a money back … [Read more...] about Why Renewing Your Policy Is As Important As Buying It?