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Insurance Library

Is there any specific Life Insurance policy for businessmen?

26/10/20

They say if someone financially depends on you, it simply means you need Life Insurance.   Sometimes, it is not just your family members depending on you; the people you work with, work fo…Read More

What happens if I want to change the Life Insurance policy I have?

26/10/20

It’s important to always get a Life Insurance policy that best suits your specific needs. However, in the course of time, you might want to change the Life Insurance policy you have. Whatever may be y…Read More

What’s the difference between an insurance agent, insurance company and a broker?

26/10/20

You might have heard the terms insurance agent, insurance broker and insurance company, but not been able to differentiate among the three. Let us give you a simple description of what they are and wh…Read More

What is a Critical Illness rider? Are all illnesses covered under it?

26/10/20

Sometimes, life surprises us with a few hurdles; usually, when you are least expecting them. Critical illnesses are one such hurdle. A critical illness is referred to any disease, illness or health co…Read More

How do I ensure my claim does not get rejected?

26/10/20

In the year 2017-2018, the Life Insurance companies settled 8.28L* claims out of 8.37L claim applications. While the percentage of rejected claims may seem very low, one should not take the chance of …Read More

Purchasing a Life Insurance policy online or through an agent – how are they different?

26/10/20

There are multiple ways you can buy a Life Insurance policy. You can either buy one through a licensed insurance agent or broker, through a bank acting as an intermediary or you could get yourself a p…Read More

What happens to my policy if I have no dependents or nominees?

26/10/20

When you buy a Life Insurance policy, you are required to nominate a person or a group of persons who will receive a financial cover in the unfortunate event of your passing, or on maturity of the pol…Read More

Under what conditions can a Life Insurance company refuse a claim?

26/10/20

By now you would know that a Life Insurance policy is one of the most reliable means to guarantee the financial security of your family in your absence. An insurance claim can prove to be the desired …Read More

Will my lifestyle affect the premium amount I will have to pay for my policy?

26/10/20

Your lifestyle choices however individual-specific usually play a huge role in your underlying life expectancy. Smoking habits, your nature of occupation, if or not you consume alcohol, have any pre-e…Read More

Life Insurance in your 20s

26/10/20

Being in your 20s, you are probably occupied with paying rent, managing your student loan, kick-starting your career, attending corporate brunches and maybe starting a family. Through managing your da…Read More

I am in my 40s, with no Life Insurance. Is it too late for me to get Life Insurance?

26/10/20

To begin with, it’s never too late to get Life Insurance. If you are a working professional holding a senior managerial role or a business owner looking to scale up, you are absolutely right in consid…Read More

What does a Life Insurance policy exclude?

26/10/20

By now, you know that Life Insurance is simply a contract between a contract holder and an insurance company. Every contract comes with its own set of terms and conditions. In the case of Life Insuran…Read More

Can I hold more than a single Life Insurance policy?

26/10/20

To answer the question, yes, you can hold more than a single Life Insurance policy.  The main question is: why do people opt for multiple Life Insurance policies? Well, having more than one polic…Read More

Can an NRI or a PIO buy a Life Insurance policy in India?

07/09/20

If you are of Indian origin or a resident living abroad with your family living in India, you are surely eligible to invest in a Life Insurance policy that protects your loved ones. It does not matter…Read More

Are there specific policies to plan for my child’s future?

07/09/20

As a responsible and proud parent, you could only wish the very best for your child. This includes providing everything that your child requires to grow further in life. Financial responsibilities tow…Read More

I don’t have a regular income; can I buy Life Insurance?

07/09/20

Managing a lifestyle, financial goals, taking care of oneself and the family are tough responsibilities; and to do all of this on an irregular income can be so much more difficult. A single medical em…Read More

Do I need Life Insurance if I already have Health Insurance?

07/09/20

A lot of people feel that they need to have either a Life Insurance plan or Health Insurance. That is probably so because both products protect you from unexpected financial burden. But, if you think …Read More

New to Life Insurance? Karo sabse pehle!

04/12/19

Decided on buying Life Insurance? Life Insurance is the only financial instrument that keeps your life goals protected, even in your absence. With the right selection of life cover, you will surely be…Read More

Factors to keep in mind before choosing Life Insurance

04/12/19

Life Insurance is for everyone. It gives you peace of mind knowing that your family will be financially secure when you are no longer around. It also works as a saving and investment tool to help you …Read More

Is there a Life Insurance policy specifically for women?

04/12/19

Women run as a natural pillar in the family, taking up multiple roles of a mother, a daughter, or a wife. As a woman running a successful business or as a stay-at-home mom, it is extremely important f…Read More

What are the benefits of getting a loan against a Life Insurance policy?

04/12/19

Thinking of borrowing a loan against your Life Insurance policy? That sure is a good idea. There are a lot of benefits that come with borrowing against your Life Insurance policy. One, there is …Read More

Can you explain to me the different payment frequency options I have towards my Life Insurance policy?

04/12/19

The payment you make to a Life Insurance company to ensure you stay protected is called premium. From the time you purchase your policy, the insurance company starts investing your funds for your spec…Read More

How do I know if I have enough Life Cover?

04/12/19

Are you sure you and your family are adequately covered with your Life Insurance policy? When thinking about buying a Life Insurance policy, you should always make sure you take a policy with adequate…Read More

My daily work life comes with occupational hazards. Will I get Life Insurance?

04/12/19

To begin with, for you to be considered to have a high-risk job, you should be in a profession or occupation where the chance of you getting severely injured is very, very high. By nature, some jobs h…Read More

Life Insurance for low incomes

04/12/19

No matter where you come from, what you do and how much you earn, Life Insurance is a must for you. It protects your family's future and their well-being in your absence. Your income should not stop y…Read More

What should I keep in mind before I initiate a claim?

04/12/19

The need to initiate a claim usually arises from two situations – on maturity of your Life Insurance policy, or on the unfortunate loss of the life insured. Before you initiate a claim on your Life In…Read More

How does Group Life Insurance work?

04/12/19

An employer-provided Life Insurance policy that’s offered to you at your workplace is called Group Life Insurance. The reason it is called Group Life Insurance is because it is offered to a large grou…Read More

Endowment plans and ULIPs – know the difference

04/12/19

To endow simply means to possess or inherit something from someone. An ‘Endowment’ usually refers to money that is given as a gift to an institution to provide it with an income. An Endowment Policy, …Read More

7 different ways you can use your Life Insurance policy

04/12/19

Life Insurance is an investment for you and your family’s future; but it also comes with a load of added benefits. Want to know what they are? Read on to see how you can get more out of your Life Insu…Read More

How much tax can I save with Life Insurance?

04/12/19

Did you know that you can get tax benefits if you pay premiums towards a Life Insurance policy? Now that’s a win-win situation, isn’t it? Your life is insured as well as you get to save on tax. Let’s …Read More