Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

How to Save Money from Salary Every Month? | 10 Smart Ways

19 Oct '26
Learn how to save money from salary every month with 10 smart, practical tips. Discover simple ways to budget, cut costs & grow your savings effectively.
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Term Insurance

Top Term Insurance Features That Benefit Nominees Financially

19 Oct '26
Learn about the term insurance nominee and 12 key features of a term policy that protect your nominee’s future. Understand benefits, rights & payouts.
Read More
Term Insurance

Are You Financially Ready to Retire or Not?

16 Oct '26
7 minute read
Know the 5 clear signs that indicate you may not be financially ready to retire, including inadequate savings, rising debt, lack of income clarity, and healthcare gaps.
Read More
Retirement Plan

Benefits of Including Your Spouse in a Term Insurance Plan

08 Oct '26
Learn the key term insurance benefits of covering your spouse. Understand how life insurance for a spouse helps ensure financial security for your family
Read More
Term Insurance
Buying Life Insurance

When Should You Buy Life Insurance and How Much Is Enough?

07 Oct '26
Learn the ideal age to buy life insurance, how to calculate the right coverage amount, and why starting early helps secure family finances at lower cost.
Read More
Life Insurance

Passive Investing: Meaning & Benefits of Passive Investing

07 Oct '26
Passive investing helps you build wealth through a simple buy-and-hold strategy. Discover how it works and how the power of compounding can accelerate your investment growth.
Read More
Saving Plan

Does Term Insurance Cover Accidental Death in India?

07 Oct '26
Learn whether term insurance covers accidental death, how standard cover works, and when an accidental death rider can provide additional benefits.
Read More
Term Insurance
Sailing the Bahamas: Your 2025 Travel Finance Guide

Sailing the Bahamas: Your 2026 Travel Finance Guide

07 Oct '26
Learn practical steps to save for a dream Bahamas vacation, including goal setting, budgeting, choosing savings and investment tools, and tracking progress.
Read More
Financial Planning

Types of Taxes in India: Complete Guide to Tax Structure

06 Oct '26
Know the types of taxes in India. Explore India’s tax structure, including direct and indirect taxes, slabs, and exemptions. A clear overview of the Indian tax concept.
Read More
Tax Saving

10 Money Habits Worth Letting go of for Financial Freedom

01 Oct '26
Achieve financial freedom with these 10 personal finance tips. Learn which money habits to avoid and build a smarter path to financial independence.
Read More
Financial Planning

What Are the Best Tax Saving Schemes For Senior Citizens?

25 Sep '26
Save on taxes with special schemes for senior citizens! Learn about 80C benefits for seniors and discover best investment for senior citizens with Canara HSBC Life Insurance.
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Tax Saving

What is Temporary Partial Disability? Definition & Benefits

25 Sep '26
Learn what Temporary Partial Disability means, how it affects your work ability, and the financial support available during your recovery.
Read More
Term Insurance

New ₹12 Lakh Zero Tax Slab Real Savings for Middle Class or Illusion

25 Sep '26
Explore if the new ₹12-lakh zero-tax slab truly benefits middle-class taxpayers or is just an illusion. Know the real savings for FY 2025-26.
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Tax Saving

Limited Pay Vs Regular Pay Term Insurance: Which Is Better?

23 Sep '26
Limited pay vs. regular pay insurance—pay for a fixed period or throughout the term. Learn the key differences and choose the right plan with Canara HSBC Life Insurance.
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Term Insurance

What are The Advantages of Group Life Insurance Policies?

23 Sep '26
Learn the key advantages of group life insurance policies, including affordable premiums, extensive coverage, and employee benefits.
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Group Insurance

Income Tax Act 1961: Overview, Key Provisions and Applicability

22 Sep '26
Learn about the Income Tax Act 1961, its purpose, key provisions, applicability, and how it governs income tax laws in India.
Read More
Tax Saving

Financial Literacy: Decoding Insurance Jargon

09 Sep '26
2 minute read
Decode key terms around insurance and take charge of your policy this International Literacy Day
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Financial Planning

Financial Lessons to Learn From Teachers

07 Sep '26
2 minute read
Discover timeless financial lessons from teachers. Learn how discipline, patience, budgeting, and long-term planning can help you build lasting financial security and wealth.
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Financial Planning

Shri Krishna's 4 Timeless Lessons for Financial Security

03 Sep '26
2 minute read
Learn how Shri Krishna's teachings inspire smarter financial planning, risk management, and long-term security for a better future.
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Personal Finance

Guaranteed Returns vs. Assured Returns: Know the Difference

02 Sep '26
11 minute read
Understand the difference between guaranteed and assured returns. How each works, what it means for your savings/investments, and how to pick wisely.
Read More
Saving Plan
5 Family Financial Hacks To Use in 2025

Family Financial Planning: Smart Money Management Tips

02 Sep '26
10 minute read
Discover practical family financial planning tips, budgeting strategies, emergency fund planning, insurance, savings and debt management to build long-term financial security.
Read More
Financial Planning

Smart strategies to build Investment plan in your 20s, Start Early, Grow you wealth

01 Sep '26
2 minute read
Learn how to save money in your 20s with smart Investment planning. Why should you buy early to enjoy to enjoy long-term gain, build strong knowledge, make financial plan, buy comprehensive plan and we provide strategies to build a strong financial foundation for your future.
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Investment

10 Best Investment Strategy for Beginners in September 2026

01 Sep '26
2 minute read
Build the right investment strategy to balance risk and returns. Learn how to start with small investments, manage risk effectively and build long-term wealth.
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Investment

Kisan Vikas Patra (KVP): Benefits, Interest Rate & Features

31 Aug '26
11 minute read
Explore Kisan Vikas Patra (KVP) scheme benefits, interest rates, eligibility and key features to understand how this government-backed savings scheme works.
Read More
Saving Plan

Difference Between Endowment Plans and Money Back Plans

31 Aug '26
7 minute read
Learn the key differences between endowment plans and money-back policies, including payout timing, returns, risk, liquidity, and which option may suit your financial goals.
Read More
Saving Plan

Savings Plans & Schemes for a Debt-Free College Education

31 Aug '26
10 minute read
Give your child a debt-free college education with smart savings plans and schemes. Learn how to invest wisely and achieve your long-term goals.
Read More
Saving Plan

Best 5 Easy Monthly Saving Tips to Secure Your Finances in 2026

31 Aug '26
7 minute read
Discover 5 simple monthly saving tips to manage money better in 2026. Learn smart ways to cut expenses, grow savings, and secure your financial future.
Read More
Financial Planning
What is SIP?

What is SIP - SIP Meaning, Types, How Does SIP Work?

31 Aug '26
7 minute read
SIP - Systematic Investment Plan is the best way to invest in mutual funds. Learn more about SIP Investment, its meaning, benefits, and how to find the best SIP plans.
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Financial Planning

I’m 25 and earning ₹30k a Month - How Should I Start Investing for Long-Term Growth?

31 Aug '26
2 minute read
A detailed guide for 25 year old earning 30k a month - Learn smart long term strategy for building financial security through protection , savings planning, mutual funds and suitable long term options.
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Investment

How to Choose the Ideal Term Plan for Your Family Future?

26 Aug '26
6 minute read
Learn how to select the perfect term plan that covers your family's financial needs, liabilities, and lifestyle goals. Ensure a secure future today!
Read More
Term Insurance
Importance Of Term Insurance

Why Term Insurance Matters During Pandemics & Epidemics?

26 Aug '26
5 minute read
Pandemics & epidemics expose financial vulnerabilities. A complete breakdown of why term insurance is crucial during health crises & how it protects you.
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Term Insurance

Why Term Insurance Premium Increases with Age?

26 Aug '26
9 minute read
Know why term life insurance premiums rise as you age. Learn the reasons behind premium hikes and how to lock in lower rates with early planning.
Read More
Term Insurance

Renewable vs Convertible Life Insurance Term Plans | Key Differences

26 Aug '26
7 minute read
Compare renewable and convertible term life insurance term plans. Learn their features, benefits, and how to pick the best option for your financial security.
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Term Insurance

What Happens to Term Insurance If You Move Abroad as an NRI?

26 Aug '26
6 minute read
Moving abroad? Learn what happens to your existing term insurance and how NRIs can keep coverage active.
Read More
Term Insurance
What is a Paid-Up Life Insurance Policy?

What is a Paid-Up Life Insurance Policy and How It Works?

26 Aug '26
5 minute read
Understand how a paid-up life insurance policy continues coverage without future premiums while retaining reduced benefits and policy value.
Read More
Life Insurance
New parents should buy a term life insurance

Why New Parents Must Buy Term Life Insurance?

25 Aug '26
6 minute read
Just became a parent? Term life insurance is one of the most important financial decisions you can make. Here is why new parents must not delay buying one.
Read More
Term Insurance

UPS vs NPS vs OPS Government Employees

25 Aug '26
6 minute read
Compare UPS, NPS, and OPS to understand their benefits, features, pension payouts, and retirement security. Learn which pension scheme may suit government employees best. Show more lines
Read More
Retirement Plan

NPS for Housewives: Benefits, Eligibility & How to Start Investing

25 Aug '26
6 minute read
Learn how housewives can invest in NPS to build retirement savings, enjoy tax benefits, and achieve financial security. Understand eligibility and the account opening process.
Read More
Retirement Plan

Retirement Planning for NRIs Returning to India

25 Aug '26
6 minute read
Planning to return to India after working abroad? Explore key retirement planning steps, investment options, tax considerations, and strategies to ensure a secure and comfortable retirement.
Read More
Retirement Plan

What Is PFRDA? Meaning, Role, Functions and Responsibilities

25 Aug '26
6 minute read
Learn what PFRDA is, its meaning, role, functions, and responsibilities in regulating India's pension sector. Understand how it oversees NPS and protects subscribers' interests.
Read More
Retirement Plan

5 Health Issues Covered Under Term Insurance Plans

24 Aug '26
7 minute read
Did you know that your term insurance can help cover for certain common health issues too? Learn about 5 common health issues that can be covered under term insurance through riders, how this coverage works, and why it adds extra financial protection.
Read More
Health Plan

Investment Strategy: Meaning, Types and Factors to Consider

24 Aug '26
8 minute read
An investment strategy is a plan formulated to help investors achieve their financial goals. Investment strategy depends on a person's age, capital, risk tolerance, and goals. Know more!
Read More
Financial Planning

ULIPs Growth Potential: How They Can Boost Your Wealth

24 Aug '26
8 minute read
ULIPs combine investment and insurance for long-term growth. Learn how they work, benefits of market-linked returns, and tax-saving advantages.
Read More
Ulip

5 Year Term Insurance Policy - Features & Benefits You Should Know

24 Aug '26
6 minute read
Discover the key features and benefits of a 5 year term insurance plan. Learn how it provides financial protection, flexible options and tax benefits
Read More
Term Insurance

Why Companies Should Buy Group Term Insurance for Employees?

24 Aug '26
6 minute read
Group term insurance plans not only help employers and affinity groups to meet their employee benefit payouts in an effective manner, but also secure the financial and insurance needs of their members.
Read More
Term Insurance

10 Tips to Buy the Best Health Insurance for Loved Ones

24 Aug '26
8 minute read
Learn ten practical tips to choose the best health insurance for your loved ones, covering benefits, coverage needs, claim support and long-term protection.
Read More
Health Plan

Which Are the Best Cities to Retire in India? Top Retirement Destinations

18 Aug '26
7 minute read
Looking for the best places to retire in India? Compare top retirement cities based on healthcare, cost of living, climate, safety, and lifestyle to find your perfect retirement home.
Read More
Retirement Plan

How to Save for Retirement While Supporting Your Parents?

18 Aug '26
7 minute read
Learn practical ways to save for retirement while financially supporting your parents. Discover budgeting, investing, and long-term planning strategies.
Read More
Retirement Plan

Retirement Planning: What Is Sequence of Returns Risk?

18 Aug '26
6 minute read
Sequence of returns risk can significantly affect your retirement savings. Learn what it is, how it impacts retirement income, and strategies to help protect your financial future.
Read More
Retirement Plan

Moving After Retirement? Compare Costs Before You Relocate

18 Aug '26
6 minute read
Compare retirement costs across cities before relocating. Evaluate housing, healthcare, daily expenses, and relocation costs to choose the right place for retirement.
Read More
Retirement Plan

Home Loan Repayment Before Retirement: Is It the Right Choice?

18 Aug '26
6 minute read
Learn whether paying off your home loan before retirement is a smart financial move. Discover the benefits, risks, and strategies for a debt-free retirement.
Read More
Retirement Plan

PF vs PPF: Meaning, Benefits, Differences and Key Rules

18 Aug '26
6 minute read
Learn the difference between PF and PPF, their meaning, benefits, tax advantages, eligibility, withdrawal rules, and investment features to choose the right option.
Read More
Retirement Plan

This Independence Day, Give Your Family the Gift of Financial Freedom

14 Aug '26
7 minute read
Celebrate Independence Day by securing your family's financial future. Discover smart planning strategies, insurance solutions, and wealth-building tips for long-term financial independence.
Read More
Financial Planning

Mortgage Protection Insurance vs Life Insurance: Which Is Better?

11 Aug '26
10 minute read
Understand the difference between mortgage protection insurance and life insurance, how each works, what they cover, and which option better protects your family and home loan.
Read More
Life Insurance

What is Deductible in a Life Insurance Plan?

11 Aug '26
8 minute read
Learn what is deductible in a life insurance plan and how it impacts your coverage. Get expert insights and guidance from Canara HSBC Life Insurance for better planning.
Read More
Life Insurance

Teach Your Kids Budgeting to Build Lifelong Financial Skills

11 Aug '26
6 minute read
Early financial education helps children build smart money habits. Learn how a Children Savings Plan can secure your child's education and future financial stability.
Read More
Child Plan

How to Organise Important Documents for Emergencies?

11 Aug '26
5 minute read
Learn how to securely organise essential documents for quick access during emergencies. Keep track of your life insurance premium and ensure financial security.
Read More
Life Insurance
What are Your Legal and Financial Rights?

Legal & Financial Rights of Life Insurance Policyholders in India

11 Aug '26
7 minute read
Know your legal and financial rights as a life insurance policyholder including claim settlement rights, transparency norms and grievance support.
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Life Insurance

Why Saving Is Hard Despite Earning a High Income?

11 Aug '26
5 minute read
Earning well but still not saving enough? Discover the psychological and lifestyle factors that make saving money difficult, even with a high income, and how to fix it.
Read More
Saving Plan

How to Trace a Lost Life Insurance Policy in 12 Simple Steps?

11 Aug '26
9 minute read
Step-by-step guidance on tracing a lost life insurance policy using documents, insurers, nominees, and official records.
Read More
Life Insurance

Don’t Miss These Income Sources While Filing ITR

11 Aug '26
6 minute read
Learn which income sources you must declare in your ITR for AY 2027-28. Avoid penalties and ensure accurate tax filing with this essential guide.
Read More
Tax Saving

How to Prepare for a Baby: Checklist, Financial Planning & Child Plan

11 Aug '26
8 minute read
Expecting a baby? Here’s a complete guide to emotional readiness, home setup, and smart financial planning with a child plan for your baby’s future
Read More
Financial Planning

Impact of Policyholder Bankruptcy on a Child Insurance Plan

11 Aug '26
8 minute read
Details on how a policyholder’s bankruptcy may affect a child insurance plan, including policy continuity, benefits, and factors to consider during financial distress.
Read More
Child Plan

Term Insurance Claim Rejection Due to Wrong Occupation Details

11 Aug '26
7 minute read
Can your term insurance claim be rejected for giving incorrect occupation details? Learn why insurers deny claims, common mistakes, and how to avoid rejection in India.
Read More
Term Insurance

Does Term Insurance Cover Citizenship Change?

11 Aug '26
8 minute read
Planning to move abroad or change your citizenship? Learn if your term insurance plan remains valid, the key conditions, and the factors you must know.
Read More
Term Insurance
What is an Emergency Fund

What is an Emergency Fund & Why Is It Important for Financial Planning?

11 Aug '26
8 minute read
Discover what an emergency fund is, why it’s essential for financial stability, and how to build one. Learn the right strategies to secure your future.
Read More
Financial Planning
Limited Pay Option in Term Insurance - Benefits

Limited Pay Option in Term Insurance - Benefits

11 Aug '26
8 minute read
Limited pay option in term insurance lets you pay premiums faster while enjoying long-term cover. Learn how it works and its benefits.
Read More
Term Insurance
How to Choose an Adequate Health Insurance Cover

How to Choose an Adequate Health Insurance Cover

11 Aug '26
8 minute read
Wondering how much health insurance is enough? Learn how to choose the right health insurance cover based on your needs, lifestyle, risks, and coverage.
Read More
Health Plan
Buying Term Insurance Online - A Complete Guide

Buying Term Insurance Online - Step-by-Step Guide

11 Aug '26
10 minute read
Discover how to buy term insurance online easily. Learn the steps, what to compare, documents needed and tips for a quick, secure purchase.
Read More
Term Insurance

How Lifestyle Habits Impact Your Life Insurance Premium?

11 Aug '26
6 minute read
Understand how smoking, alcohol use, fitness, and medical history influence your life insurance premium rates and overall policy eligibility.
Read More
Life Insurance

NPS Vatsalya Add-On: Should Parents Link Kids to Pension?

11 Aug '26
8 minute read
Explore the NPS Vatsalya add-on and whether millennial parents should tag their children to their pension corpus for long-term financial planning.
Read More
Retirement Plan
Tax Saving Investments with Canara HSBC ULIP

Tax-Saving Investment Options in India | Life Insurance & More

11 Aug '26
12 minute read
Explore popular tax-saving investments in India, including life insurance, ELSS, PPF, and more to reduce tax and build long-term wealth.
Read More
Life Insurance

Planning for a New Baby? Key Financial & Life Planning Tips

11 Aug '26
7 minute read
Getting ready for a new baby? Here are the key things to consider - from budgeting and insurance to emotional readiness and long-term planning.
Read More
Term Insurance
Credit Protection in Term Insurance

Credit Protection in Term Insurance - Meaning & Benefits

11 Aug '26
7 minute read
Credit protection in term insurance is often overlooked. A clear breakdown of what it means, how it works & why it is important for loan borrowers today.
Read More
Term Insurance

National Overseas Scholarship and Term Insurance

11 Aug '26
9 minute read
Learn how to apply for the National Overseas Scholarship and why securing your family with term insurance is essential while studying abroad. Step-by-step guide.
Read More
Term Insurance

How Should Business Owners Structure a Retirement Plan in India?

10 Aug '26
8 minute read
How can business owners plan for retirement in India? Learn the right structure, tax options, investment mix, and strategies to secure long-term financial stability.
Read More
Retirement Plan
Section 45

Section 45 of Insurance Act 1938: Meaning and Importance

10 Aug '26
11 minute read
Learn about the Section 45 of the Income Tax Act of 1938, its importance in capital gains taxation, and its impact on taxpayers in India.
Read More
Tax Saving

What Happens To Your Insurance Polity if Your Nominee Relocates Abroad?

10 Aug '26
6 minute read
Understand what happens to your life insurance policy if your nominee shifts abroad. Learn rules on claim settlement, documentation & payout process.
Read More
Life Insurance
Common ULIP Terms You Must Know for Smarter Investments

Common ULIP Terms You Must Know for Smarter Investments

10 Aug '26
7 minute read
Decode ULIP jargon easily! Understand NAV, fund switch, sum assured, and maturity benefit to make smarter investment choices.
Read More
Ulip

Can A Person Get More Than One Health Insurance Policy?

07 Aug '26
7 minute read
Can you have more than one health insurance policy? Learn the benefits, rules, and how multiple policies can enhance coverage with Canara HSBC Life Insurance.
Read More
Health Plan

What Questions are Asked on a Life Insurance Application?

07 Aug '26
5 minute read
Filling up a life insurance application form could be a daunting task if you are unaware of the detailed
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Life Insurance

Is life insurance premium payout available if I die abroad?

07 Aug '26
7 minute read
If you are a globetrotter, you must be wondering if the best term life insurance plan will pay out your premium if you die abroad or outside India.
Read More
Life Insurance
Should I consider buying a life insurance plan if I am single?

Should You Buy a Life Insurance Plan If You are Single?

07 Aug '26
7 minute read
Find out whether buying a life insurance plan as a single individual makes sense based on financial goals, liabilities, and future responsibilities.
Read More
Life Insurance

Is Life Insurance Premium Tax Deductible?

07 Aug '26
6 minute read
Learn about Tax Deduction on Life Insurance Premiums. Understand Tax Benefits Offered and Maximize Income Tax Benefits with the Right Life Insurance Plans @Canara HSBC Life Insurance.
Read More
Life Insurance
Reasons to Create a Financial Plan

Top 10 Reasons to Create a Financial Plan in 2026

07 Aug '26
10 minute read
Discover the top 10 reasons why having a financial plan is essential for achieving your life goals. Learn how strategic planning can ensure financial security for you and your family.
Read More
Financial Planning

Importance of Savings: Key Benefits & Financial Security Tips

07 Aug '26
9 minute read
Discover the importance of savings, key benefits, and tips for financial security. Plan your future wisely with Canara HSBC Life Insurance.
Read More
Saving Plan
EPF and NPS: Everything You Need to Know

EPF vs NPS - Key Differences & Everything You Need to Know

07 Aug '26
9 minute read
Confused between EPF and NPS? Explore everything you need to know about both schemes, their benefits, differences & which one suits you best in India.
Read More
Saving Plan

Why Do You Need Savings and Investment Plans in India?

07 Aug '26
6 minute read
Saving and Investment Plans help you plan your future expenses if you use your wealth. Learn why it's important, how they help achieve financial goals, build wealth, manage emergencies, and ensure long-term financial security.
Read More
Saving Plan

NPS Returns: Meaning and Benefits of NPS Returns

07 Aug '26
7 minute read
NPS returns depend on the performance of allocated funds. Learn how to maximize your NPS returns and explore alternative retirement investment options.
Read More
Retirement Plan

Pradhan Mantri Jan Dhan Yojana: Eligibility & Benefits Explained

07 Aug '26
9 minute read
Pradhan Mantri Jan Dhan Yojana ensures financial inclusion by providing access to banking, insurance, pension, and credit for Indian citizens. Learn more!
Read More
Saving Plan
Monthly Income Plan

Monthly Income Plan - Benefits, Features & How It Work?

07 Aug '26
6 minute read
Curious about monthly income plans? Discover what a monthly income plan is, how it works & the key benefits it offers for steady long-term security.
Read More
Saving Plan

Solvency Ratio in Insurance: Why It Matters Before Choosing an Insurer?

07 Aug '26
7 minute read
Understand solvency ratio in life insurance and how it reflects an insurer’s financial strength and ability to meet claim obligations.
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Life Insurance

What Happens If You Stop Paying Life Insurance Premiums?

07 Aug '26
7 minute read
Learn the impact of missed premium payments including grace period rules, policy lapse, revival options and surrender benefits.
Read More
Life Insurance
Term Life Insurance Cover Disability

Does Term Life Insurance Cover Disability? Know the Facts

07 Aug '26
10 minute read
Wondering if term life insurance covers disability? Get a complete breakdown of disability coverage, riders & options available under term plans today.
Read More
Term Insurance
ULIPs for Stable Wealth Generation

Why ULIPs Are Ideal for Stable Wealth Generation?

07 Aug '26
6 minute read
Stable fund generation requires the right investment vehicle. Know why unit-linked plans are ideal for building a consistent fund corpus with market-linked growth, flexibility, and long-term wealth creation.
Read More
Ulip

7 Things to Expect From Your Term Insurance Plan - Key Features

07 Aug '26
7 minute read
Discover 7 things to expect from your term insurance plan. Learn key features, coverage details, benefits and what matters most before you buy
Read More
Term Insurance
Term Insurance for Diabetics in India

Term Insurance for Diabetics in India: Eligibility & Benefits

07 Aug '26
6 minute read
Yes, diabetics can get term insurance! Explore the best term plans for diabetes with Canara HSBC Life Insurance. Read more to learn about eligibility and benefits.
Read More
Term Insurance

ITR-5 Form: What it is, Eligibilty & How to File for AY 27-28

07 Aug '26
7 minute read
File ITR-5 for AY 2027-28 with ease! A Step-by-step guide for partnerships, LLPs & associations to simplify your income tax return process.
Read More
Tax Saving
What Types of Death are Covered in Term Insurance?

Types of Death Covered and Not Covered in a Term Insurance

07 Aug '26
8 minute read
Before buying term insurance, know what types of death are covered & excluded. A complete breakdown of inclusions & exclusions under term plans in India.
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Term Insurance
Decreasing Term Insurance Plan

Decreasing Term Insurance Plan - Meaning & How It Works

07 Aug '26
7 minute read
Not many know about decreasing term insurance plans. A clear breakdown of what it is, how it works, key benefits & who it is best suited for in India.
Read More
Term Insurance

Editor's Choice

What is Insurance

What is Insurance? Meaning, Types & Benefits Explained (2026)

07 July '26
10 minute read

Understand insurance meaning, types, benefits & why insurance is important for financial security in India.

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Types of Term Insurance Plans in India

07 July '26
10 minute read

Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.

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TDS on Rent Calculation FY 2026-27: Formula, Rates & Calculator

23 July '26
14 minute read

Learn how to calculate TDS on rent with examples, threshold limits, deduction rates, exemptions & calculator for FY 2026-27.

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What Is Tax? Understanding the Tax Concept in India (2026 Guide)

23 July '26
11 minute read

Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.

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How Should You Plan Retirement Effectively in Your 50s?

17 Dec '25
8 minute read

If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.

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5 Smart Tips to Plan Your Child’s Education Abroad in 2026

07 Aug '25
10 minute read

Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.

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What is Insurance

What is Insurance? Meaning, Types & Benefits Explained (2026)

What is Insurance? Meaning, Types & Benefits Explained (2026)
07 July '26
9343 Views
10 minute read
Understand insurance meaning, types, benefits & why insurance is important for financial security in India.
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Types of Term Insurance Plans in India

Types of Term Insurance Plans in India
07 July '26
1597 Views
10 minute read
Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.
Read More

TDS on Rent Calculation FY 2026-27: Formula, Rates & Calculator

TDS on Rent Calculation FY 2026-27: Formula, Rates & Calculator
23 July '26
8269 Views
14 minute read
Learn how to calculate TDS on rent with examples, threshold limits, deduction rates, exemptions & calculator for FY 2026-27.
Read More

What Is Tax? Understanding the Tax Concept in India (2026 Guide)

What Is Tax? Understanding the Tax Concept in India (2026 Guide)
23 July '26
6395 Views
11 minute read
Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.
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How Should You Plan Retirement Effectively in Your 50s?

How Should You Plan Retirement Effectively in Your 50s?
17 Dec '25
1091 Views
8 minute read
If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.
Read More

5 Smart Tips to Plan Your Child’s Education Abroad in 2026

5 Smart Tips to Plan Your Child’s Education Abroad in 2026
07 Aug '25
1233 Views
10 minute read
Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.
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Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.