Is buying a term life insurance policy just like buying just another insurance plan – NO! A term plan has just one benefit – financial protection for your family in the event of your death. To ensure your CLAIM IS NOT REJECTED, you need to be extremely careful when you apply for term insurance. Here’s everything you need to know on how to apply for a term life insurance plan.
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So you are ready to buy Term Plans but are now confused which one to buy? Don’t worry – this is a good confusion to have. That is because it is better than many who just go and buy the wrong type of term plans simply because his/her friend also bought the same. Remember […]
Retirement Planning is a necessary part of every person’s financial plan. You get only one chance to do it and you cannot go wrong. But many of us do not understand this till it is too late. See how. You are say 35 years old. You’ve done well so far to reach where you are. You […]
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?