In simple words,life insuranceis a financial promise between thelife insurance companyand the buyer of alife insurance policy(known as the policyholder). As per the promise, the policyholder pays the company an affordable fixed amount called 'premiums', for a fixed period of years. The period ...
Consider all the possibilities and buy a life insurance policy so that your child does not face any financial crisis. Moreover, do not let single parenting become a weight on your shoulder for the rest of your life. Taking care of yourself is as important as taking care of your child. Be...
Sum assured received from a life insurance policy claim is exempt from tax in IndiaSonu Iyer
The way we have spent our last years in fear of Covid-19, life insurance policy has become an essential service for people now. We all know about insurance policies but we all have a bad habit, we can’t take things seriously until it becomes the question of life and death. Well, th...
Our planning do all the hard work for you, read between the lines, decode the terms and conditions, and help you the purchase best policy suitable to your requirement. Best Rates Guaranteed Policy Planner gets you the focused quotes from the primary Insurance Companies in India. Widely inclusive...
While a basic health insurance policy only covers hospitalisation, many healthcare expenses are associated with doctor visits, medications, and diagnostic tests. Cashless OPD coverage benefits individuals with high out-of-pocket expenses or parents of frequently ill children needing over-the-counter meds...
12 Annual Day Speeches for Students, Teachers and Parents in English Education ByPahuni A June 11, 2024 40 Trending Gen Z Slangs to Learn this Month Trending on Instagram Load More Trending Usis a leading lifestyle blog where everyone, like Instagram, has a story to tell and the best ones...
Waiver of Premium Benefit :In case of death of the insured person, the premiums are waived off for the rest of the tenure and policy continues. Lets look at different kind of life insurance plans. Term Plan A term plan is a pure protection plan. It covers only the risk of dying of pe...
2. Parents with multiple children Raising a child can cost an average of almost$13,000 per year. Plus, parents may have to save money for each child’s college education. This can make it challenging for one parent to raise multiple children if their partner passes away — even if both ...
optional term life insurance, it means that your beneficiaries will receive a larger payout in the event of your passing. This can be useful if your financial obligations have increased, such as taking on a higher mortgage, providing for your children’s education, or supporting aging parents....