Tag Archives: life insurance

How Much Insurance is Enough Insurance?

The main purpose of buying life insurance is to make sure that your family is financially secure if you aren’t around to take care of them. That you already know, but majority of insurance buyers do not look at insurance as a protective instrument and use it as a financial investment. Their only concern is… Read More »

Banks May No Longer Sell Insurance

  Remember when you picked up a life insurance policy at your bank from the very conveniently placed insurance desk inside the bank premises? Well, that may be soon a thing of the past. If the Insurance Regulatory and Development Authority of India (IRDA) has its way, that is. The IRDA has recently asked banks to… Read More »

Have Mobile Connection? Get Free Insurance!

Mobile phones are proving to be the Swiss army knife of gadgets. First came banking services. Followed by mobile payments. Now, you get free life insurance. Telenor is one of the first cellular service providers to launch a free insurance scheme for its new and existing customers. Although the cover is meagre, still, it is a… Read More »

Is it Time to Review Your Life Insurance?

So you’ve planned ahead and bought a life insurance policy. And why wouldn’t you? Firstly, it can support your family financially in case something untoward happens to you suddenly. Secondly, it eases your loved ones’ financial burden in times of loss. Thirdly, it is a good personal finance risk management tool. But, do you know… Read More »

Money Management Tips for the Single Mother

Being a single mother can be really hard. Everything needs to be taken care of so that your children can lead a comfortable life. It all gets just that much easier if your finances are sorted out. Here’s the example of Priya Raman who faced a similar situation. Priya Raman lost her husband unexpectedly in… Read More »

How to Take Loan on your Insurance Policy: A Vegas Take

Ever sat in front of a slot machine in Las Vegas and had the fancy thingamajig spew out your future winnings by just willing it to? Well, you have something that comes close in the world of insurance. And, it’s called ‘Loan against Insurance’. In these days of three-in-one and four-in-one plans, financial products too… Read More »

How to Initiate a Life Insurance Claim

A life insurance policy assumes great importance as it offers risk cover on the life of the individual being covered in the policy. It may be the only source of income to the beneficiary on the death of the policyholder. For this reason, settlement of claims in a life insurance policy becomes critical. There are… Read More »