The premiums are not taxed under Section 80C and 80D. So, buying the best term insurance plan early and adding riders is a good idea
Yes. A smoker may buy a term insurance plan in India. However, it affects you financially when buying a life insurance plan. The terms and conditions
Term life insurance policies are designed specifically to protect your family in the event of your death. If you have a term insurance plan and something happens
A solvency ratio is a metric that people consider to identify and evaluate the ability of an insurance company in meeting all their financial debts and obligations
While income replacement is the principal objective of term insurance, many policyholders nowadays have started looking into the cash value term insurance plan to build a secured financial
The term insurance policy covers natural death. If you are familiar with the terms of term insurance, you might think that this is not possible with conventional insurance.
You can easily buy a term life policy online by filling up the adequate forms necessary. However, the insurance company requires you to provide certain identity proofs
When you buy a term policy, you must pay monthly instalment of premiums to make sure your policy stays valid. While making these payments, you may become curious as to what happens when the policy terminates. The answer
Accidental death cover provides you financial help if you meet with any unfortunate accident during the policy term. Death caused by any kind of accident is usually covered by term insurance. For instance, if the person gets
Limited premium payment plans in a term life insurance signify that the premium shall be payable for the limited term of the policy insured and not for the full term of the policy.
A person can only purchase a term insurance plan till the age of 65 years, and they can choose the risk coverage for up to 99 years of age. One can easily buy the best online term plan between the age of 18 to 65 years.
You can calculate your monthly premium for 1 Cr term insurance online with the help of a calculator. Fill in the basic details like your full name, date of birth, gender, annual income, educational qualifications, etc., and you'll get to know the tentative monthly premium.
Term insurance is a unilateral agreement (an agreement where the offeror promises to pay the person taking the policy after the completion of a certain act) between the policyholder and the insurance company. The burden solely lies only on the insurance company,
When you go to an insurance company to buy a term insurance policy, they ask you to present a few personal documents and details. One of these documents is your income proof. Income proof helps the insurance company decide the total life coverage that can be offered to you. They calculate the risk and your ability
Experts say that the answer is yes. While term insurance policy is considerably cheaper than the hybrid plans that offer both investment and insurance products, experts confess that one term plan may not cover a person's needs at various life stages,
Getting the best term plan that can be converted to whole life insurance easily has been made very simple. Most term insurance policies will offer a window of time during which policyholders can convert their plan. Also, no medical exam will be required again while converting to whole life insurance.
You can calculate the premium payable under a term plan using a term insurance premium calculator. Term insurance premium calculator is a freely available online tool, which helps you get an estimate of the amount of premium payable for the desired term life insurance coverage and other policy benefits.
Riders under term insurance are defined as additional benefits that help extend the protection of your term insurance protection.
The primary benefit of term insurance plans is that they can serve as your family’s financial security net in the event of your sudden demise.
The primary purpose of purchasing a term life insurance plan is to provide a robust financial safety net to your loved ones, so that they have enough money to take care of their needs,
iSelect+ Term Plan (An Individual Non-Linked Non-Par Pure Risk Premium Life Insurance Term Plan, UIN: 136N072V01) from Canara HSBC Oriental Bank of Commerce Life Insurance offers