With the Budget 2010-11 around the corner, the life insurers have put forward their wish lists. The Life Insurance Council (LIC), the official representative body of the life insurers had recently met the standing committee on finance headed by former... (Continue reading)
Life Stage Analysis Your are young between the age of 18 and 26. Have started with your new job or profession. May or may not have a Spouse. Ambitious and Career Focused. Probably do not have any dependents. Might not... (Continue reading)
Life Stage Analysis For Newly Married Couple Your are between the age of 26 and 35 years. Married and have Dependents. Double Income with or without Kids. Might have taken some Loan i.e Home Loan, Car Loan etc. Have a... (Continue reading)
Life Stage Analysis – Proud Parents You are between the age of 35 and 58 years. Have Young children in high school or graduation. Major expenses goes towards you Child. You may have reduced Loan Burden or repaid loans. Have... (Continue reading)
Your need for life insurance changes with the change of your Age... (Continue reading)
Riders or Add-ons are additional benefits that you can opt for with your insurance plan for an extra amount... (Continue reading)
A whole life policy continues as long as the policyholder is alive. Basically it provides long-term financial protection to the dependents... (Continue reading)
Endowment insurance are policies that cover the risk for a specified period and at the end the sum assured is paid back to the policyholder along with all the bonus accumulated during the term of the policy.... (Continue reading)
Money back policies are quite similar to endowment insurance plans where the survival benefits are payable only at the end of the term period... (Continue reading)
A Unit linked insurance plans are a special kind of insurance policies which have a benefit of life insurance and also serves as an investment tool.... (Continue reading)
Term Insurance Policy is a no frills life insurance plan and it covers your life for a term of one or more years. It pays a death benefit only if a person dies within the term period.... (Continue reading)
Life insurance important terms simplified ... (Continue reading)
Life Insurance policy type in India, Term Insurance, Whole Life Insurance, Money Back Insurance, Endowment Insurance, Unit Linked Insurance Plans... (Continue reading)
Insurance agents and brokers play an important role in marketing life insurance policies. They are the face of the insurance company.Most of the insurance policies world over are sold by insurance agents and brokers.... (Continue reading)
Life insurance is a very important investment a person makes in his life time and therefore it is equally important that you should be careful in selecting your life insurance partner. ... (Continue reading)
Where and how to buy a life insurance policy in India ? Which is the best way to get insurance policy in my city.... (Continue reading)
As a rule of thumb when you are buying your first Life Insurance Policy it is suggested that you should have a Insurance Cover of at least 6 to 8 times of your annual income. ... (Continue reading)
In simple terms it is a contract between the person who buys Insurance and an Insurance company who sold the Policy. By entering into contract the Insurance company agrees to pay the Policy holder or his family members a predetermined... (Continue reading)