Tag Archives: sum assured

Tax Implications on Life Insurance

Whether you are planning on buying a house, embarking on a new career path or just drawing lines for your children’s future, this hoary advice rings your ears: “Do your best, but be prepared for the worst.” Of course, you have paid heed to it and that’s the reason why you have bought insurance policies. You… Read More »

How to remain insured even if you can’t pay your premium

Imagine you are building a fortress against an unseen enemy. If you require four outer walls bordering its periphery to complete the structure, would you build only three? Or, would you suddenly stop building the fortress and instead start focusing on a guesthouse inside it with the intention of selling it later? More ironically, would… Read More »

Have you covered yourself?

  One of the most memorable scenes in the movie Titanic is when Jack Dawson sketches a portrait of Rose in the buff. While Rose did not need much cover, you do. Insurance-wise, that is. Many people take a cover that they can afford. Some people take one which they assume as enough for them.… Read More »

Facts to know before you lock your life insurance cover!

A Life Insurance policy ensures that your family is financially secure in your absence. It protects your family from financial distress or loss of income even if tomorrow you are no longer around to care for them. How much life cover should I take? The answer for this question lies in more questions- In my… Read More »