Friends, If I give you 10 seconds and ask you to write just one name of your relative or neighbor or friend who will provide the financial help to your family when you are not alive. I can bet, you will not be able to write even a single name who will help your family when you are not alive.… Continue Reading »
In this article we will take a look at the top five term insurance plans and the associated life insurance companies. The top 5 products are from ICICI Pru Life, Max Life, HDFC Life, TATA AIA Life and Aegon Life.
Many of us are now aware that a Term Plan is important, but do not know how much life insurance cover we need to protect our family financially. So we end up either buying incorrectly, sometimes even postponing our buying decision, or sometimes not buying at all, putting our families to very high risk financially. Read on to know exactly how to decide your life cover amount.
Term Insurance – meaning, definition, importance and benefits. Why is it important to buy Term Insurance in India? How can it protect our dependents and our liabilities such as a home loan?
IRDA has announced the Claim Settlement Ratio for 2017-2018 in Dec 2018. This is valid as most recent till Dec 2019, when the next year’s data will be published by the Regulator. If you are looking for a term insurance plan, you MUST know the IRDA Claim Settlement Ratio (CSR) before making the decision. At this point, we must tell… Continue Reading »
Now the question was to identify the right companies that my family could rely on when I was no longer there. I was considering purchasing more term insurance. I had a cover of 2 Crore but had realized that it was too little. The first thing I did was to go to mintwise.com to check out the products with the… Continue Reading »