For most of us, family is everything. We work hard, day in and out, just to see them hale and hearty. A smile on their face is enough to fill our hunger. This is the very reason why each one of us should buy a term insurance plan. It is to ensure our loved ones are safe and financially secure if something were to happen to us. However, buying just this plan isn’t enough. We need to ensure the plan we buy is the right one with enough effectiveness and benefits to safeguard our family. Here … [Read more...] about Aegon Life iTerm Plus Insurance Plan – Why settle for less?
The benefits of a life insurance plan are well-documented. A plan which ensures your nominee's financial security in case of your demise for the exchange of regular premium payments, the idea is simple and yet so effective. However, with the rise in unhealthy lifestyles and stresses, one shouldn’t stop with the purchase of a plain-old vanilla insurance plan. What they should go for instead is a term insurance with health benefits. A few insurance plans offer these health benefits as an … [Read more...] about Get a life protection that includes your health too
Today we live in a digital age, where everything is available at our fingertips and insurance is no exception. A number of policy seekers are turning online for their insurance needs. Although the last few years have seen a rise in the number of online insurance buyers, a lot of people still have their doubts about buying a policy online. If you too are wondering whether to buy insurance online or offline, this is for you: Value for money Online policies generally cost less since … [Read more...] about Offline vs. Online Insurance Plans: Which is Better?
In today’s fast-paced world, buying an insurance policy online is convenient, affordable and transparent – all the ingredients you need when going for an insurance policy. As the process is paperless, you get to connect with the insurer directly, eliminating misinformation. Plus, you can check reviews and also compare different policies online, so that you get genuine information about your policy. If you’re thinking you are the only one buying insurance online, then wait till you read … [Read more...] about Why are Online Policy Services Better?
Are you interested in increasing your wealth? Do you want to put your money in an investment avenue that gives you good returns? If so, here is a list of options that can help you build your wealth this year: Fixed deposits Fixed Deposits (FDs) are one of the most popular investment choices among Indians. This is because FDs are extremely safe. In other words, the chance of losing your money is minimal. FDs offer fixed and steady returns. The maturity period for an FD ranges … [Read more...] about Planning to Invest? Here Are 7 Safe Options You Should Consider
A sizeable majority believes that insurance is an investment. But, there is a difference. When you insure, you are protecting yourself against risk and when you invest, you do that for future wealth. Subtle, but a difference nonetheless. Unit-linked investment plans take a leap over this subtlety. They combine life cover and investment. ULIPs bifurcate a part of the premium towards the financial safety of your loved ones. The remaining part is invested in the funds you choose. But, did you … [Read more...] about Can ULIPs Give You Tax Benefits? Yes, They Do!
Online trends have taken the world by storm. Many of us have been a part of the ALS ice bucket challenge, the mannequin challenge, the dab, the bottle flip, the bad songs and singers becoming internet sensations and so on. No Shave November (Movember) is one such trend that has caught on in recent years. Read on to know what it signifies. Movember 101 The word Movember was coined by combining two words -- “MOustache” and “NoVEMBER”. Movember is a movement dating back to 1999 when a … [Read more...] about Brace Yourself, No Shave November Is Here
Generally, the best time to buy a term insurance policy is around your mid-twenties, when your responsibilities and the number of dependants on you are growing. In this case, your term policy ensures your loved ones are financially protected in your absence. In order to get the most of your term policy, it is important to keep in mind details like the expiry date of your policy. This is because once your policy has expired, you stop receiving life coverage from it. And in case an unfortunate … [Read more...] about What Happens When Your Term Life Insurance Policy Expires
Investing in a term insurance policy gives you peace-of-mind from your financial responsibilities to enjoy life’s milestones and can help your family find a new normal in difficult times. However, just investing in a term policy isn’t where your responsibilities end. By paying timely premiums and renewing your policy, you make sure that your policy does not lapse and your loved ones enjoy their coverage uninterrupted. If you are wondering what happens if you do not renew an insurance … [Read more...] about 4 Reasons Why Your Policy Renewal Shouldn’t Lapse
When a fraud occurs, we all pay the price – as much as the policyholder incurs a loss, it’s the insurance company that faces the brunt. That is why, it’s equally important for all of us to be aware of frauds and make sure our monies are invested in the right policies. In India, the Insurance Regulatory and Development Authority (IRDA) has placed down stringent rules and regulations to keep a check on such frauds. So as a consumer, all you need to do is stay vigilant and read the signs of a … [Read more...] about Insurance Frauds and How to Protect Yourself from Them