Generally, we are very cautious while taking a loan or a life insurance policy to save those last minute surprises. But most of us have a misconception about general insurance that choosing a tailor made policy will take care of you and your belongings. Besides the required coverage and sum insured, it is important to… Read More »
Choosing the right kind of insurance cover not only determines the care that we receive should our health take a wrong turn, but it can be the wild card in your financial plan. There are many benefits of an insurance cover; however, topping the list of benefits is the financial support that a family gets… Read More »
Make provision for important events in your dependents’ lives. Your dependents will experience certain important life events, and you have to provide for these events. E.g. illness of the dependents, children’s education and marriage. Also once your children leave home or start working, then your household expenses will reduce. So from then on, you just have… Read More »
One of the most popular and important riders added to an insurance policy is the ‘Waiver of Premium’ rider. If this rider is a part of one’s insurance policy, it ensures that the premiums to be paid by the insured are waived in the event that the insured becomes ‘completely disabled’ or loses his source… Read More »
When the insurance advisor approaches to sell a policy or plan, his persuasive tone might drown your doubts that are critical to wise investment. Only features that provide a feel good factor are disclosed to the customer and the aspects that may discourage the customer are conveniently hidden by the agent. A careful inspection… Read More »
Have you ever thought of how much insurance would you require to live your life securely? Or you are simply taking policies for tax benefits or as agents approach you? It is a good question to be contemplated upon if not already done. Let’s see here the tips to choose insurance plans depending on factors… Read More »
There cannot be a one size financial plan that fits all. Depending on one’s circumstances, income level, lifestyle and family, every person must plan for a customized financial planning. Life insurance is one such financial tool that offers customers the flexibility of a personalized design. Since each person has a different financial background and different… Read More »
Usually a family comprises of a person who works and earns money for the family and also people who are dependent on him/her. They may not have any means of earning money and it is the responsibility of the breadwinner to secure his family in the case of any unforeseen tragedy or his untimely demise.… Read More »
It is a known fact that one cannot foresee what future has in store! Life is so uncertain that one cannot predict whether the next moment he/she will be alive or not. Keeping this perspective in mind, it is better to be prepared to face future uncertainties ahead! An excellent way to do this is… Read More »
Life insurance is a commercial contract between the insurance policy proposer and the insurance service provider. However, apart from customized plan of insurance policy and its coverage, there are wide ranges of insurance policies available in market under different flagship brands. Although the aim of all insurance policies are almost the same, which is providing… Read More »